Monthly Archives: December 2017

Gold’s 8-year Cycle

By | December 29, 2017

We are now entering the upward phase of gold’s 8-year cycle, and that should bring some fun gains. And this comes at a time when gold has not been getting much of investors’ attention. If gold stays flat for a year, and Bitcoin twinkles to get all of the attention, speculators eventually drift… Powered by… Read More »

USDCAD Down Sharply, but Mind the Mean

By | December 29, 2017

The USDCAD hasn’t disappointed those who went short earlier this week. Since Wednesday’s sub 1.2670 close, the pair is down more than 100 pips. Unfortunately, we never did get a retest of the 1.2670 area as new resistance. Seeing as how I don’t like to chase a market, I didn’t sell the USDCAD. Bu… Powered… Read More »

Russian tankers fueled North Korea via transfers at sea

By | December 29, 2017

Russian tankers have supplied fuel to North Korea on at least three occasions in recent months by transferring cargoes at sea, according to two senior Western European security sources, providing an economic lifeline to the secretive Communist state. The sales of oil or oil products from Russia, the… Powered by WPeMatico