TSX-V/TSX Ratio & Gold Stocks… What Thing is Not Like the Other Thing on This Cycle? [w/ edit… oof!]

Bueller? What is the difference between the precious metals rally of 2019 and the rally of 2016? Well, for one thing in 2016 as gold stocks bottomed and turned up in unison with the ratio of the TSX Venture and Canada’s senior TSX we had an indicator that an inflation trade was in the making. Sure enough, by mid-year we had full on alarms ringing … Continue reading TSX-V/TSX Ratio & Gold Stocks… What Thing is Not Like the Other Thing on This Cycle? [w/ edit… oof!]

Global Shipping, Copper LME Stocks & Copper Price

An NFTRH subscriber kindly sent me this article on surging global shipping costs. Shipping’s great fuel switch is starting to drive up freight costs For reference, here’s the NFTRH chart of the Baltic Dry Index utterly failing to have positive leadership effect on commodities, especially. Something has seemed disconnected as front loading pressure due to the trade war would have seemingly been worked through and … Continue reading Global Shipping, Copper LME Stocks & Copper Price