3 Amigos of Deflationary Macro Signaling

There are a lot more than 3 Amigos of deflation, but when I get a theme in my head it tends to stay until max annoyance registers with the reading audience (and myself, actually). Anyway, here is the old chart I did that has 3 remarkably similar signposts pointing the same way in today’s deflationary mini-hysteria. Among other things, you can see that my bear … Continue reading 3 Amigos of Deflationary Macro Signaling

When Deflation is in the Air

When deflation is in the air you have people getting hysterical about negative interest rates and safe haven Treasury bonds. You have people telling us that the long awaited financial Armageddon is finally here. Influencers on Twitter and other venues are pretty much shooting their wads lately. Would those be the same people who riled up the troops about the new bond bear market in … Continue reading When Deflation is in the Air

alice

NFTRH; What Silver is Doing

As with gold, silver only consolidated at the most recent resistance zone. But unlike gold, silver’s resistance was significant. It pulled back as expected but that pullback was a shakeout below and back above support, and now with a higher short-term high 16.20 becomes key support. As with HUI shown earlier, silver is at another zone of resistance but also as with HUI, it does … Continue reading NFTRH; What Silver is Doing

alice

NFTRH; What HUI’s Weekly Chart Tells Us

It tells us it’s bullish out there! Putting away the pompoms we see that Huey is hitting a zone of potential resistance on the weekly chart below (click to enlarge the view). It’s time for traders to know they are traders and investors need to know they are investors. HUI – a relatively lumbering entity compared to many stocks in the sector – has put … Continue reading NFTRH; What HUI’s Weekly Chart Tells Us

gold

Gold 1500+ and a Look at Au/EUR’s Big Picture

Our current operating target for gold is the mid to high 1500s and this beast seems to be setting its sights set on that now, rather than months down the road as I’d expected. This morning the futures are at 1505. It seems like only yesterday we took out 1400. The most conservative measurement of this bottoming/bowl pattern breakout is 1570 per the weekly chart. … Continue reading Gold 1500+ and a Look at Au/EUR’s Big Picture