The markets were mixed this week, with most asset classes lower. The biggest exception was gold stocks, which continued their advance for a second week. Bitcoin gave back some of last week’s gain, dropping 1.6% to close just below 2.9 g. Trading volume continued very light throughout the week, but picked up over the weekend. Although […]
This week most markets made gains, with the exception of gold stocks. Coffee and Bitcoin were especially strong. Bitcoin rose 7.2% to close at 2.76 g. Trading volume has been declining for the last several weeks. It is encouraging that the seizure of Mt. Gox US bank accounts by the DHS did not spark a selloff. […]
The Dow Jones Industrial Average, the S&P 500, the Russell 2000 and other major indices have recently featured in headlines claiming that they are now at record highs. While this is certainly true in dollar terms, how much is due to a falling USD, and how much is due to rising company values? To determine […]
Filed under Dow Jones Industrials, S&P 500, Stocks by 
This week most markets continued to make gains, with all assets except silver and coffee advancing. Japanese stocks were especially strong. Bitcoin rose 33.5% to close at 2.57 g. This more than recovers its drop last week. Expect continued volatility! Among the government currencies, the JPY was the weakest, gaining 1.3%, while the CAD was strongest, gaining […]
Filed under Bitcoin, Bonds, Coffee, Commodities, Cotton, Dow Jones Industrials, gold prices, Platinum, price of gold, Silver, Stocks, US Dollar by
This week saw a pullback after the prior week’s monster rally. Government-issued currencies, stocks and bonds all gave up about half of last week’s gains, while Bitcoin continued its recovery. Commodities were mixed, with silver continuing to fall, crude oil continuing to rise. The week’s biggest loser was coffee, which gave back much of its […]
Filed under Bitcoin, Bonds, Coffee, Commodities, Cotton, Dow Jones Industrials, Platinum, Silver, Stocks, US Dollar by
Another “mostly higher” week, led by a massive rally in all currencies. The only asset classes that fell for the week were silver bullion and gold stocks. Bitcoin had another volatile week, but in the end recovered strongly from last week’s “crash”, leading all other asset classes by rising 52.5% to finish at 2,643 mg. It’s not over […]
Filed under Bitcoin, Bonds, Coffee, Commodities, Dow Jones Industrials, Platinum, S&P 500, Silver, Stocks, US Dollar by
All asset classes but Bitcoin, coffee, JPY, and mining stocks were higher this week. Bitcoin ended a wild week down 38.7% at 1693 mg, after trading has high as 5,253 mg and as low as 1,099 mg. Friday had the largest volume ever traded for Bitcoin, over 964 kg. As I forecast last week, this kind of […]
All but three asset classes were lower this week, the gainers being Bitcoin, gold stocks, and long dated treasuries. Bitcoin ended the week up 51.8% at 1,392 mg, after setting another record high every day this week. The latest round of panic buying seems to have been triggered by the partial bank account confiscation plan announced in Cyprus. […]
Most assets were lower this week, with the major exceptions being Bitcoin, the free market online currency, and Cotton. Bitcoin ended the week up 8% at 917 mg, after recording another all-time high of 938 mg on Monday. Things got exciting the next day, as high transaction volumes caused two different versions of the Bitcoin mining software to update the […]
It was another mixed week, with government currencies and long bonds lower, while stocks and commodities moved higher. Bitcoin, the free market online currency, ended the week up 26% at 849 mg, after recording another all-time high of 893 mg on Wednesday. If you have a time-horizon of a few years, don’t let these prices scare you away… Bitcoin […]