NFTRH; Silver/Gold ratio, Copper, 3 charts of Silver & HUI

My view is that we are going to exit the deflation scare in favor of an inflationary/stagflationary future. Monetary and Fiscal policy bombs say so. The Fed’s printing of funny munny and politicians’ deficit spending will likely bring about damaging inflation eventually, not the kinder, gentler type we’ve had over the last few decades. Silver would bottom and turn up nominally and vs. gold as … Continue reading NFTRH; Silver/Gold ratio, Copper, 3 charts of Silver & HUI

up and down

SPX monthly ‘unfinished business’ chart updated

Just yesterday we noted that SPX had dinged the 2100s. Long ago my target for a real correction had been 2100-2200, more recently updated to 2030-2100. But that revision would be pending whether or not SPX puts a tail on the monthly candle and closes above the first Fib level. Much like silver is attempting to do with its 14 level, SPX is attempting to … Continue reading SPX monthly ‘unfinished business’ chart updated