I didn't think so; not this week. Well of course they have not even taken the SMA 50 yet, but isn't it funny how during yet another inflationary 'lagging data'…
High Yield spreads are elevating And the message is not a happy one for the risk 'on' world, which is most of the investing world. Combine it with Gold/Silver, Gold/Copper…
Cyclical copper is now signaling full on danger in its relation to gold The lowest low since February 2021 is being struck by the Copper/Gold ratio. And here's the companion…
As the macro shifts in favor of gold (rising vs. stocks, industrial metals, silver, most global currencies) and risk in the broad markets goes firmly 'off', the main holdout continues…