The King Of Pain

King dollar is back on the throne. How long its reign lasts this time around remains to be seen, but a number of indications suggest that it could last at least into the summer if not longer. Whether the resurgence of the U.S. dollar is a positive sign for the U.S. economy and the stock market is subject to debate. But its rise has certainly come with a vengeance across many asset classes.

Please click on the link to read more of my article on Seeking Alpha.

Gold Is In A Bull Market & Stocks Are In A Bear Market

It sounds completely preposterous. In fact, it almost sounds idiotic. How could it possibly be that gold is in a bull market and stocks are in a bear market right now? After all, gold has been beaten badly over the last few years, while U.S. stocks have been on a tear since the end of last decade. Yes, stocks are in a bull market and gold is in a bear market from a cyclical perspective. But when one stands back from the trees and looks at the longer-term forest, a very different picture presents itself.

Please click on the link to read more of my article on Seeking Alpha.

Gold: Will War Soon Be Over?

The war rages on for gold. It has been nearly three and a half years now since gold reached its cyclical bull market peak in September 2011. Since that time, the price drop in the yellow metal has been almost unyielding. But after a disastrous year for gold in 2013, it has been making slow and steady progress in working toward a bottom in the more than a year since. Many challenges remain, but we may soon be approaching a final bottom in gold after several years of turmoil.

Please click on the link to read more of my article on Seeking Alpha.

The Bull In Winter

All good things must come to an end. This includes the current bull market in U.S. stocks. At nearly six years, it already ranks among the longest in history. And it has taken place during a time of heightened geopolitical and economic stress. A new bear market will eventually get underway. The only question is exactly when this change will take place. Whether it is in three years, later this year or has already begun remains to be seen. But a number of forces are increasingly converging that suggest that the demise of the graying bull market may now be drawing close. And no amount of cunning by global policy makers will be able to cheat death in the end.

Please click on the link to read more of my article on Seeking Alpha.

Will The ECB Kill The Gold Rally?

The European Central Bank is expected to take the latest “extraordinary” step in global monetary policy by announcing its own quantitative easing program on Thursday. One would reasonably think that the further debasing of a global fiat currency system that has only been in place for less than half of a century and has already been debauched beyond comprehension in the years since the outbreak of the financial crisis would be a tremendous boon for gold. And in recent weeks, it appears that gold has been gearing up for the big announcement. But in one of the many counterintuitive outcomes in this unusual post crisis investment world, recent history has shown that gold has performed very poorly in the wake of these extraordinarily accommodative monetary policy announcements.

Please click on the link to read more of my article on Seeking Alpha.

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