- It’s a global game of Whack-a-Mole (currency devaluation) and in this game certain countries and economic zones make sense in some ways. Japan for instance may be viewed as USA circa 2004 [edit] Yen over sold, USD example implies bounce w/ Nikkei correction before any opportunity presents. Germany is also an exporter of machine tools, autos and equipment. The US is interesting for a completely different set of dynamics.
- India lifts its gold restrictions while Switzerland votes down the ‘Save our Swiss gold’ referendum. Hype up, hype down. Hype.
- Macro indicators are in flux, trends are what they are and NFTRH 319 meandered from its usual format a bit and covered what I think needed to be covered considering year end dynamics (Santa seasonals) on the short-term and bigger picture views as well.
- Inflation is losing out to its evil twin, deflation. Even though this chart shows the T bond rising long-term (as if inflation has not been a problem) with the CPI rising right along with it. Bond Vigilantes? Hello?
Suffice it to say, there is a lot going on and there are a lot of diverse signals in play. Keep your heads screwed on straight and tune out the hype that is on 24/7 auto feed.
Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates (including Key ETF charts) and NFTRH+ chart and trade ideas or the free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com and Biiwii.com.
