Okay, by now you’ve guessed that I am not doing much of anything on New Year’s eve.* I mean who is out here posting financial stuff on a night of such revelry anyway, eh? Well, those of us who don’t now and never have in our lives ever reveled, that’s who. The ‘V’ just about doinked the second target today (plotted in #582 1.5 weeks … Continue reading In Keeping With the Season, da VEE Parties On… to Target #2!
Aside from the flip by one of the 2 Gold Bears (the other has already flipped) noted earlier, below are some headlines adorning the gold sites this week. The only missing ingredients are the DEATH OF THE DOLLAR headlines. Funny what a rising gold price does for peoples’ spirits. I am not bearish on the precious metals. In light of this anecdotal sentiment boost I … Continue reading 2020 Opens With a Gold Bug 180°
Let’s make no bones about it. The US dollar has been weak and degrading during the Q4 seasonal macro bounce party. Despite the ugliness the yellow shaded area (June low) on the index is the kill zone for Uncle Buck. It currently resides above it. With the SMA 50 about to cross below the SMA 200, the financial media about to trumpet a USD DEATH … Continue reading US Dollar and its Pairs
At the dawn of what is going to be a hyper-interesting year in the markets and in society, let’s see what the lovable and goofy Amigos have to say. As usual, we’ll use gold and silver daily charts and a copper daily along with a longer-term view with a weekly chart for the Economic Ph.D. metal. The charts are the metals futures (click ’em for … Continue reading 3 Metallic Amigos Ride Into 2020