A negative divergence to the inflationary reflation trades continues

TSX-V/TSX ratio continues to negatively diverge the reflation trades Back on June 21 we compared inflation expectations with the fading CDNX/TSX Ratio using this chart (updated here). Nearly 3 months later, while inflation expectations look poised to turn back up TSX-V/TSX continues to robo-trend down. Da ‘V’ is not an indicator in a vacuum, but its relationship to the senior Canadian TSX index has been … Continue reading A negative divergence to the inflationary reflation trades continues

NFTRH+; Gold and silver downside targets reviewed

A lot to discuss about the macro market and its signals, but I’ll save it for the weekend. Right now let’s zoom in on gold and silver, and reaffirm what the best buying opportunity would look like in the metals and the miners. That opportunity would include a macro with a failing inflation bid, which is not yet confirmed, although Gold/Silver ratio and USD continue … Continue reading NFTRH+; Gold and silver downside targets reviewed