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Off the Cuff

Off the Cuff: Volatility With A Vengeance

The User's Profile Adam Taggart October 9, 2014
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In this week's Off the Cuff podcast, Chris and Charles Hugh Smith discuss:

  • What Is Market Volatility Telling Us?
    • Sign of a top, or preparing for another leg up?
  • Have Capital Flows Changed the Story?
    • Is too much money entering the US for the markets to correct?
  • Where Is Gold Heading From Here?
    • Long-awaited bullish signals are appearing
  • Society's Happiness Drought
    • Why do we have so much, yet feel so unsatisfied?

This week's Off The Cuff covers a lot of ground, as big developments are finally in motion as we're now solidly in the auspicious month of October. Perhaps Tuesday night's "blood moon" was an omen, because the past few days have left wounds on both bulls and bears.

Volatility, emerging from its years-long slumber, the big driver in the markets today. Over the past few weeks, we've been witness to a great battle for the direction of the major indices: are they finally topping out? Or are they building strength for another vault to new highs? Chris and Charles are somewhat divided on the next likely move, and both present their cases here.

On gold, however, they're in closer alignment: the days ahead look brighter for the yellow metal (and silver, too). Fundamental and technical indicators are aligned in a rarely-seen preponderance for a return to high prices.

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