Best of the Week
Most Popular
1. TESLA! Cathy Wood ARK Funds Bubble BURSTS! - 12th May 21
2.Stock Market Entering Early Summer Correction Trend Forecast - 10th May 21
3.GOLD GDX, HUI Stocks - Will Paradise Turn into a Dystopia? - 11th May 21
4.Crypto Bubble Bursts! Nicehash Suspends Coinbase Withdrawals, Bitcoin, Ethereum Bear Market Begins - 16th May 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.Cathy Wood Ark Invest Funds Bubble BURSTS! ARKK, ARKG, Tesla Entering Severe Bear Market - 13th May 21
7.Stock Market - Should You Be In Cash Right Now? - 17th May 21
8.Gold to Benefit from Mounting US Debt Pile - 14th May 21
9.Coronavius Covid-19 in Italy in August 2019! - 13th May 21
10.How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond - Part 2 of 2 - 18th May 21
Last 7 days
Bitcoin Black Swan - GOOGLE! - 24th Jul 21
Stock Market Stalling Signs? Taking a Look Under the Hood of US Equities - 24th Jul 21
Biden’s Dangerous Inflation Denials - 24th Jul 21
How does CFD trading work - 24th Jul 21
Junior Gold Miners: New Yearly Lows! Will We See a Further Drop? - 23rd Jul 21
Best Forex Strategy for Consistent Profits - 23rd Jul 21
Popular Forex Brokers That You Might Want to Check Out - 22nd Jul 21
Bitcoin Black Swan - Will Crypto Currencies Get Banned? - 22nd Jul 21
Bitcoin Price Enters Stage #4 Excess Phase Peak Breakdown – Where To Next? - 22nd Jul 21
Powell Gave Congress Dovish Signs. Will It Help Gold Price? - 22nd Jul 21
What’s Next For Gold Is Always About The US Dollar - 22nd Jul 21
URGENT! ALL Windows 10 Users Must Do this NOW! Windows Image Backup Before it is Too Late! - 22nd Jul 21
Bitcoin Price CRASH, How to SELL BTC at $40k! Real Analysis vs Shill Coin Pumper's and Clueless Newbs - 21st Jul 21
Emotional Stock Traders React To Recent Market Rotation – Are You Ready For What’s Next? - 21st Jul 21
Killing Driveway Weeds FAST with a Pressure Washer - 8 months Later - Did it work?- Block Paving Weeds - 21st Jul 21
Post-Covid Stimulus Payouts & The US Fed Push Global Investors Deeper Into US Value Bubble - 21st Jul 21
What is Social Trading - 21st Jul 21
Would Transparency Help Crypto? - 21st Jul 21
AI Predicts US Tech Stocks Price Valuations Three Years Ahead (ASVF) - 20th Jul 21
Gold Asks: Has Inflation Already Peaked? - 20th Jul 21
FREE PASS to Analysis and Trend forecasts of 50+ Global Markets by Elliott Wave International - 20th Jul 21
Nissan to Create 1000s of jobs with electric vehicle investment in UK - 20th Jul 21
Bitcoin Halvings Price Forecast and Stock to Flow Analysis - 18th Jul 21
Dell S3220DGF Unboxing and Stand Assembly - 32 Inch 165hz Curved Gaming Monitor Amazon Discount - 18th Jul 21
What Does The Fed Mean By “Transitory Inflation” And Why Is It Important To Understand? - 18th Jul 21
Will the US stock market’s worsening breadth matter? - 18th Jul 21
Bitcoin Halving's Price Projection Forecasts Trend Trajectory - 18th Jul 21
Dell S3220DGF Price CRASH to £305! 32 Inch 165hz Curved Gaming Monitor Amazon Bargain - 16th Jul 21
Google, Amazon and Netflix are Scrambling For This Rare Gas - 16th Jul 21
Sheffield Millhouses Park New Children's Play Area July 2021 Vs Old Play Area - Better or Worse? - 16th Jul 21
Inflation Soars, Powell Remains Unmoved. What about Gold? - 16th Jul 21
Goldrunner: Gold Could Jump To $1,900-$2,100 In Next 30 days – Here’s Why - 15th Jul 21
Tips For Finding The Right Influencers - 15th Jul 21
ECB Changed Monetary Strategy. Will It Alter Gold’s Course? - 15th Jul 21
NASA And Big Tech Are Facing Off Over This Rare Gas - 15th Jul 21
Will the U.S. Dollar Lose Momentum In the Second Half of 2021? - 15th Jul 21
Bitcoin Stock to Flow Model Forecasts Infinity and Beyond! - 14th Jul 21
Proteomics: The Next Truly Massive Investing Opportunity - 14th Jul 21
Massive Solar Storm to Hit Earth 2025, Coronal Mass Ejection (CME) Danger and Protection Solutions - 14th Jul 21
Is This The Best Way To Play The Coming Helium Boom? - 14th Jul 21
Meet SuperMania and its Ever-Present Sidekick, SuperMeltdown - 14th Jul 21
How NFTs Are Shaking Up Arts Trading - 14th Jul 21
Gold: High Time to Move Out of the Penthouse - 13th Jul 21
Climb Aboard! Silver Should Run Up To $38 In Next 30 Days - 13th Jul 21
How Will Remote Work Impact the U.K. economy? - 13th Jul 21
Why Helium Stocks Are Set To Soar in 2021 - 13th Jul 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Gold Commemorates Financial Armageddon Anniversary by Breaking Above $1,000

News_Letter / Financial Markets 2009 Sep 11, 2009 - 10:01 PM GMT

By: NewsLetter

News_Letter

Best Financial Markets Analysis ArticleDear Reader

Lehman's bank bust and financial armageddon anniversary passed quietly as the governments ensured that at NO cost would that event's echo impact on the present, clearly lessons have been learned, there is no longer any such concept of moral hazard where central bank operations are concerned to keep the bankrupt banks afloat, it is the price tax payers are paying for electing inept governments that employ inept regulators that are continuously and perpetually hoodwinked by the market manipulators.


The stocks bull market continued to resolve towards the long standing target zone of Dow 9,750 to 10,000 by closing the week at 9605, up 1.75%. The most recent update of 7th September projects to a target date of late Sept / Early October. London's FTSE is running ahead of other major indices by fulfilling its bull market target of 5,000 for 2009, my take on the price action as of 9th Sept is for the FTSE to mark time as other markets play catchup.

Gold similarly marked time after breaching $1,000, wibble wobbling around the level as gold bugs draw breath, a major analysis is pending.

The US Dollar continued to weaken as a break below 78 resulted in a swift drop to USD 76. After the whole trend of the US Dollar from March 2008 to July 2009 had been accurately mapped out with analysis at one point 6 months in advance of the subsequent trend. The most recent analysis of 14th August concluded in a scenario that forecast the USD to rally from 78 to 90 by the end of the this year on the condition that 75 is not breached i.e. a risk of 300 for 1200 . With the USD at 76, there now exists a serious risk of this scenario being negated and the whole USD analysis built up over the past 18 months being scrapped in advance of generating a completely fresh perspective, next week should clarify the scenario's position as the whole point of a price trigger i.e. 75, is to ensure that one listens to what a market is telling you rather than relying on perma hopes of this that or the other.

Meanwhile Robert Prechter of Elliott Wave International released a free 47-Page eBook, How to Spot Trading Opportunities. Created from the $129 two-volume set of the same name, it’s available free until September 23, 2009. Learn more

By Nadeem Walayat

Editor, The Market Oracle.

http://www.marketoracle.co.uk

Copyright © 2005-09 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Featured Analysis of the Week

Profit Opportunity Knocks, But Beware The Stock Market Rally- 11th Sept 09 -DeepCaster_LLC
Crude Oil Manipulation Reality, Close Look at the Almost Perfect Crime- 11th Sept 09 - Rob_Kirby
Currency Market Forecasts for U.S. Dollar, Canadian Dollar and Australian Dollar- 11th Sept 09 - David_Petch
Why This World-Renowned Geologist Bet $80,000 on a Rock Hole Others in his field thought he was crazy buying a used up gold mine. Now that "rock hole" is worth $10.1 billion - the 7th largest gold strike in North American history. A few investors still have the chance to get in on this windfall. At around $7 a share, early investors stand to make 11 times their money. Go here to see the story on the bet that's making history
Economic Fundementals Suggest This Fall and Winter Could Get Ugly- 11th Sept 09 - ArbitraryVote
G-20 Governments Inflate the Global Economy to Economic Prosperity- 10th Sept 09 - Gary_Dorsch
Wave of Unemployment in the U.S. What to Expect and What to Do- 10th Sept 09 - Washingtons_Blog

Warning - Financial Crisis Not Over!

Economic Fundementals Suggest This Fall and Winter Could Get Ugly- 11th Sept 09 - ArbitraryVote
G-20 Governments Inflate the Global Economy to Economic Prosperity- 10th Sept 09 - Gary_Dorsch
Wave of Unemployment in the U.S. What to Expect and What to Do- 10th Sept 09 - Washingtons_Blog

INO TV - Watch From Your Computer for FREE

INO TV - Watch From Your Computer for FREE

Here are the newest authors: Jack Schwager, John Murphy, Jake Bernstein, and Ron Ianieri. All experts, all well recognized, and highly trafficked by our current members. http://tv.ino.com/

Derivatives Collapse and the New China Gold and Silver Markets- 10th Sept 09 - Bob_Chapman
A Tale of Two Inflations- 10th Sept 09 - Tim_Iacono
Dumb Money Shorting Stocks Using Funds and ETF's- 9th Sept 09 -Mike_Stathis
"What's The Best Investment During Recessions?"
Will The Collapse Of FDIC Insured Banks Cause Another Stock Market Crash?- 8th Sept 09 -Andrew_Butter
The American Dream Built on Debt, Living in Beverly Hills- 8th Sept 09 -James_Quinn
The Crumbliest Flakiest Stocks Bull Market Never Tasted Before- 7th Sept 09 -Nadeem_Walayat
Warning - Financial Crisis Not Over!

Most Popular Financial Markets Analysis of the Week :

1. Financial Crisis, US Market Trends

By:Bob_Chapman

Planned job cuts by US employers fell to 76,456 in August, down 21% from 97,373 in July says, Challenger, Gray & Christmas. Although job cuts slowed they are up 1.07 million from January through August - 60% higher yoy.

Read Article

2. Failure of Economics, the Super Trend and Elements of Deflation

By: John_Mauldin

As every school child knows, water is formed by the two elements of hydrogen and oxygen in a very simple formula we all know as H2O. Today we start a series that starts with the question, What are the elements that comprise deflation? Far from being simple, the "equation" for deflation is as complex as that of DNA. And sadly, while the genome project has helped us with great insights into how DNA works, economic analysis is still back in the 1950s when it comes to decoding deflation. Notwithstanding the paucity of understanding we can glean from the dismal science, in this week's letter we will start thinking about the most fundamentally important question of the day: is inflation, or deflation, in our future?

Read Article

3. The Crumbliest Flakiest Stocks Bull Market Never Tasted Before

By: Nadeem_Walayat

The $17 billion hostile bid for Cadbury 'should' bring home the inherent underlying actual strength of this bull market as the bid signals that business is returning to normal. Today's bid by Kraft Foods sent the Cadbury stock price soaring by more than 38% and clearly illustrates that multinationals are increasingly awakening from credit crisis fear to taste greed at being able to pick up corporate giants such as Cadbury at rock bottom recession prices even after a 38% one day price hike. Watch this space for many more mega bids to come as the bull market momentum continues to gather steam as we have a long, long way to go before we reach the Merger and Acquisition mania levels associated with BULL market Peaks.

Read Article

4. Deflation, Inflation, Stagflation, Mass inflation, Hyperinflation, Which One Will Get Us?

By: Gary_North

One of them will. That's if things work out really well. Two or three will if things go according to the Austrian theory of the business cycle.

Read Article

INO TV - Watch From Your Computer for FREE

INO TV - Watch From Your Computer for FREE

Here are the newest authors: Jack Schwager, John Murphy, Jake Bernstein, and Ron Ianieri. All experts, all well recognized, and highly trafficked by our current members. http://tv.ino.com/

 

5. America's Economic Crisis, Forecasting Worse Ahead

By: Stephen_Lendman

Austrian economist Ludwig von Mises (1881 - 1973) said:"There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

Read Article

6. 911 OMEN Foretells the Global Economic & Financial Future

By: T_Anthony_Michael

A once in a millennium kairotic moment occurred on 9/11 of 2001 that still promises to usher in the most profound and fundamental societal transformation of our times.  This earth-shattering event, which truly represents one the primary apocalytic prophecies of the modern era, remains pregnant with the potential to catalyze unprecedented change in every sphere of life in the USA and beyond.  However, in order to take full advantage of this extremely unique opportunity for political, economic and social revolution, something must first give way.That something is nothing other that the misplaced trust that American citizens have customarily put in their government, their media, their corporations, their academic institutions, their financial institutions, etc.

Read Article

7. Robert Prechter Warning Economic Depression and Financial Crisis Worse To Come

By: Robert Prechter

Robert Prechter of Elliott Wave International in his recent 10 page newsletter (download for free) challenges the economic recovery hype with hard facts and independent analysis, and insightful charts. You’ll find out why the worst is NOT over and what you can do to safeguard your financial future.

Read Article

Subscription

You're receiving this Email because you've registered with our website.

How to Subscribe

Click here to register and get our FREE Newsletter


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in