Crack Up Boom?

A chart by Callum Thomas showing projected credit growth based on easing credit standards is in line with a boom, and an inflationary one at that. See Credit Growth About to Surge. I was talking with a really cool gentleman who runs a gold oriented hedge fund a couple days ago and we both agreed that deflation is the favored outcome or from my perspective, … Continue reading Crack Up Boom?

Gold’s Kill Zone

There is nothing bullish happening on the gold and silver charts. Nothing bullish on the miner Index/ETF charts. Nothing bullish on the HUI/Gold ratio. In other words, when it comes to a segment as volatile and sentiment-dependent as the precious metals, we are in the kill zone. That can be read a couple of different ways. First, the inflationist gold bugs are getting exterminated as … Continue reading Gold’s Kill Zone