Gold vs…

Time for another installment of Gold vs., as we review the counter-cyclical metal vs. it’s cyclical counterparts using ETFs. But first, the gold price vs. the silver price is closing the day in breakdown mode, and that is the first inkling that the world may not be ending, but changing. GLD/SLV is breaking down, as implied by this morning’s Silver/Gold ratio post. GLD/SPY looks to … Continue reading Gold vs…

Silver/Gold Ratio Gets on its Horse

As if its ears were burning when I mentioned it in the previous post, the Silver/Gold ratio hopped on and is starting to ride this morning. Now, the questions are… Will this moving average breakout stick this time? Will Copper and other inflation beneficiaries make final washouts first? In the markets, things don’t tend to happen on large scales in real time to our analysis. … Continue reading Silver/Gold Ratio Gets on its Horse

3 Metallic Amigos… Au, Ag & Cu

The 3 metals that I think will most inform the coming macro are shown here on weekly futures charts (click the charts for a fuller, clearer view). Silver took out resistance yesterday and now targets 18.67. More than that, it is time to watch the Silver/Gold ratio because folks, that’s a macro gauge to the coming inflation. Gold continues to press into the resistance zone … Continue reading 3 Metallic Amigos… Au, Ag & Cu