Silver Aping Inverse USD, Gold Still Going its Own Way
I love the chart below, and others like it. They force me to think outside of the... ...and consider reasons for what I see. The reason gold is confounding to…
I love the chart below, and others like it. They force me to think outside of the... ...and consider reasons for what I see. The reason gold is confounding to…
"You know what" = the vast reflated anti-USD macro As DXY retreats in pre-market (along with short-term overdone 10yr & 30yr yields)... ...it is little surprise that markets tethered to…
Considering that everything but gold is in positive alignment with the inverse of the US dollar I'd say that if USD is not THE most important signpost to the current…
This week we leave out the usual formalities and get right to the key macro points. NFTRH 645 is still a fairly hefty 41 pages, owing to a full compliment…
The gold and silver CoT data improved nicely this week And this was on Tuesday, before the metals got the majority of this week's bearish price activity. All in all,…
Cramer jumps the gun on TeeVee, advises investors (i.e. the public) on 5 stages of grief [edit] With reference to the last sentence below I did do a cluster of…
It's covering old ground, but I am getting geeked out on the USD (DXY) chart. This morning it has come within hailing distance of the 92.15 resistance target. Recall that…
[edit] Chart of DXY added below for visual effect. The world was anti-USD on the way up and as we've taken pains to note, it'll be anti-USD on the way…
Gold lost the upper support zone. No surprise there. Now comes the lower end but also please consider the channel bottom well down in the 1600s. Silver is trying to…
ROKU stock chart breaking bad I will ROK U no more with this goofy post title. Per the trade log... I just made the painful decision to pay the taxes…
A super simple update showing that yesterday HUI dinged the 1st resistance level per Monday's update. So far that has held. Again speaking personally, I'd love to see a capitulation…
When inflation works to cover up the economy's weakness, gold under-performs Still we see them blaming manipulation and conspiracy, and still they are wrong. Is gold manipulated? Yes. Are other…
With gold and silver positive in pre-market a bounce we had thought possible if not likely prior to a final capitulation could come about. HUI (daily) has hit the upper…