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Gold Gets Smacked Down as Wall Street Continues to Soar

  “Success is not final, failure is not fatal: it is the courage to continue that counts.” — Winston Churchill   For the moment, investors continue to see any signs of a sharp market drop as a clear...

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Reactive Market Responds to Fed’s Mixed Tapering Signal

  “You must live in the present, launch yourself on every wave, find your eternity in each moment. – Henry David Thoreau   Well, that party didn’t last long, and the hangover was on the nasty side....

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Expect Stormy Q3 Earnings Season as Washington’s Maelstrom Proceeds

  “I am always doing that which I can not do, in order that I may learn how to do it.” – Pablo Picasso   So now the fun really begins. That is, if you consider fun the sort of thing that happens when...

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Sentiment on Main Street at Odds with Jubilation on Wall Street

  “Thunder is good, thunder is impressive; but it is lightning that does all the work.” — Mark Twain   If you go by Wall Street’s scorecard, the economy seems to be going gangbusters, as evidenced by...

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