Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

GoldSeek Radio: Peter Grandich and Arch Crawford, and Chris Waltzek
By: radio.GoldSeek.com

Clive Maund still can't admit that central banks diddle the gold market
By: Chris Powell

How Inflation Reduces The Real Value Of Social Security Net Of Medicare Premiums (Part 6)
By: Daniel R. Amerman, CFA

GLD May Not Yet Be Ready To Break Out
By: Avi Gilburt

US-China Trade War Escalates As Further Measures Are Taken
By: GoldCore

Irredeemable Currency De-tooths Savers
By: Keith Weiner

Open the pod door HAL
By: Larry LaBorde

Gold Market Update
By: Clive Maund

Data-Dependent ... on Imaginary Data
By: John Mauldin

What the Markets Have in Common with the Film 'Casablanca'
By: Michael Ballanger

 
Search

GoldSeek Web

 
The Good News, and the Bad...

By: Rick Ackerman, Rick's Picks

 -- Published: Friday, 20 January 2017 | Print  | Disqus 

Yet another day of gratuitous, grueling ups and downs, punctuated around mid-session by a swoon that had been nearly recouped by the time we went to press. If traders are thinking what I think they are thinking, they are expecting the stock market to find direction ó possibly with a vengeance ó once Trumpís inauguration is behind us. But suppose not? That would certainly seem paradoxical, since the transition from Obama to Trump arguably will represent the most radical political shift in American politics since the Civil War.  For the moment, and perhaps for the next four years, it would appear that a quite sizable number of Americans still canít believe Novemberís election results, let alone accept them. So how will Wall Street react now that the feel-good period is about to run out of bravado? The good news is that it hardly matters, since the bull market has been fueled not by decision makers, but by a torrent of digital money created out of thin air by the central bank. The bad news is that there is no such thing as a perpetual motion machine, and sooner or later a stock market that has seemed to defy this immutable law will succumb to cyclical forces that lie not only beyond the control of hedge funds and money managers, but beyond all understanding. If you donít subscribe, click here for instant access and a free two-week trial to the room, to Rickís daily trading Ďtoutsí, and to all features of the service. It's geared to traders of stocks, mini-futures, ETFs, options and commodities.


| Digg This Article
 -- Published: Friday, 20 January 2017 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.