Mike Paulenoff is not sure what specifically triggered the pre-market thrust in gold and in the SPDR Gold Shares (GLD), but there are probably 10 fundamental reasons.

Let’s see, what happened this summer?  Easy question.  The recovery went missing.

James Mound reviews futures and commodities in his weekly report for the week of August 30.

John Mauldin used to write about things like P/E ratios, secular bull and bear markets, valuations, and all of the things we used to think about in the Old Normal.  Now, the New Normal has to have its turn first.

In the US, half a million Americans filed for jobless benefits last week -- the highest number in nine months.  At this point in a typical recovery, job growth should be strong.  Instead, it is shockingly weak.

What might Bernanke's speech have said or implied that triggered the market response that we have witnessed so far today?

Investors are waking up. They are wiping the sleep from their eyes. Behold! No recovery.

Eventually, investors are going to realize that the discussion of a "recovery" is nonsense. The economy can never recover the pace and frenzy of the bubble years.

Based on Mike Paulenoff's techncial analysis, the pattern and momentum configuration in the iShares Barclays 20+ Year Treasury Bond ETF (TLT) argue that the price structure hit a spike high.

The Fed has already said it will leave its key interest rate at a very low level for a very long time. The US Treasury has already announced a budget with more than $1 trillion of fiscal stimulus in it.