Silver and Gold up, but Silver/Gold is key
The silver price and gold price are both up big today in response to the Fed's QE announcement. Obviously the sector is doing well today. But for the wider macro,…
The silver price and gold price are both up big today in response to the Fed's QE announcement. Obviously the sector is doing well today. But for the wider macro,…
This is a no man's land if I've ever seen one. SPX is dwelling there below the 38% retrace level and above the 50%. It has finally ticked the 2100s…
While we await the final details of the fiscal policy panic from government, the Fed announced unlimited QE in its monetary policy panic. I am not using the words "panic"…
Before the update I want to make a correction. A subscriber kindly corrected my error in reporting Zoom under the symbol ZOOM, when the correct one, per the report segment…
The format is altered from normal even further this week. The idea is to talk about what needs to be talked about and not flog people with the stuff that…
[edit] I forgot to mention that open interest (green line) in gold is fading and in silver it is tanking. In my experience (though no expert) that goes hand in…
Better yet, don't avert your eyes. You need to see this. The pictured Amigos seem of a different, more innocent time. See their wackiness. See them smile. See them full…
It doesn't include this morning's little bump, which sees it trying to take back the daily SMA 200. But regardless, the gold price is in a zone between major resistance…
First off, I could be wrong here. That big drop to start the day, huge in-day ramp job and then partial decline back down in the last half hour felt…
Peak Oil? That was an obvious and widespread promotion while it was in play and did not fool anyone who bothered to step aside from the herd that ran with…
Just keeping tabs on the most important indicator out there (IMO of course). With reference to the previous post on sentiment, maybe it is not such a wonder that long-term…
Do you think pessimism is pervasive? From Sentimentrader... Well, do ya? Even long-term T bond fund TLT (recently the premier risk 'off' vehicle) is huddled in there with the other…
A subscriber asked about longer-term bond funds, which got me thinking more about a chart of TLT that I reviewed yesterday. I thought 'hmmm... if this were a stock I'd…