Palladium, PALL/Gold Ratio, SPX and the Gold Sector

Okay, now I am getting geeked out. One of the most fun and rare times in what I do is when something big happens that I feel in my gut means something, but about which I am not able to come forth with a ready explanation of the meaning (without sounding like a know-it-all blowhard). It’s time to put the thinking cap on and to … Continue reading Palladium, PALL/Gold Ratio, SPX and the Gold Sector

Gold is Skyrocketing the Last 2 Days! vs. Palladium, That is

Gold is exploding off the lows… in ratio to Palladium. That is not good macro signaling for the risk ‘on’ contingent and it is not good for the Palladium bubble contingent either. Here’s the nominal chart doing its best ‘silver 2011’ impersonation. Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD $345.00) for an in-depth weekly market report, interim … Continue reading Gold is Skyrocketing the Last 2 Days! vs. Palladium, That is

Perfect, Gold Flushes the Inflationists Before the… Inflation

I have to hit the road today for most of the day. But a little note here as USD is firm and gold is getting dropped because, well, GDP was revised down and home sales weakened. There is a lot in motion right now folks, from the technical to the fundamental to sentiment. But that stuff ain’t bearish for gold (or theoretically, bullish for USD … Continue reading Perfect, Gold Flushes the Inflationists Before the… Inflation

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NFTRH; USD Technical, Fundamental & Sentiment Update (high priority)

We already know a big fundamental input. USD is losing the support of a formerly hawkish Fed. The Fed’s tight stance had kept commodities and global markets (esp. EM) contained into January 2019 as USD rallied and pressured these markets. Technically, the daily chart above is rallying to fill the post-Fed gap (at least) because these being the markets, they never do the expected or … Continue reading NFTRH; USD Technical, Fundamental & Sentiment Update (high priority)