Gold Ratios Turning Sour Again on Macro Relief

Using ETFs, here is the oh so predictable state of relative gold as the global relief thing furthers its grip. Gold/S&P 500 Gold/Global Stocks Gold/Commodities Gold/Oil Gold/Base Metals Gold/Palladium Gold/Silver should find a top when the next cost-push inflationary event is due to engage, which certain economic/employment/trade data suggest may not be too far away. Subscribe to NFTRH Premium (monthly at USD $33.50 or a … Continue reading Gold Ratios Turning Sour Again on Macro Relief

copper and gold

Copper & Gold, Daily Futures Charts

Well, with the risk ‘on’ macro bounce of the last couple of days Doctor Copper has stabilized at least. It is testing but still lurking below the short-term resistance area. The real key area remains 3 bucks though. That would be the big cyclical macro trade signaler. Doc’s economic buddy, the more dour and counter-cyclical gold has slid back through the SMA 50, the neckline … Continue reading Copper & Gold, Daily Futures Charts