Please, if updates like these make your head spin, consider taking them with a grain of salt or putting them in the 'low priority' file. We are simply managing the…
Interest rates have bounced since the big Payrolls report. These rates are generally supportive of USD when they rise and not surprisingly have been in correction for much of the…
Has the Baltic Dry Index (BDI) lost its 6 year correlation to commodities and inflation expectations? It would appear so, the Baltic Dry Index (weekly, linear scale chart) is in…
As noted in NFTRH 743, USD (DXY) finally took the hint from the Gold/Silver ratio (GSR) and bounced. Let's look at the leader first. GSR is testing the underside of…
Brent oil is a lead balloon as the copper price sails upward, and the Chinese spy balloon gets a look at a whole lot of middle America I like to…
Market sentiment all but demanded a pullback The media are talking about interest rates, inflation and the usual reasoning that they need to report every single day to advise Ma…
I just spent a big chunk of the day (after NFTRH 743 was posted) trying to find an acceptable new theme for the website (you may have noticed a few…
Another Golden Cross, another heartbreak and a price paid by believers in this TA novelty It usually, if not always, goes this way. As noted on January 24, the Golden…
The gold price is getting hammered, but its ratios generally are not... And that means something. Using the associated ETFs... Gold price adjusted by the silver price: not hammered. Gold/Silver…
I've been mentioning the seasonal low that Natural Gas tends to make in February. Here is the graph. If it were to follow this map it would make a low…
Inflation expectations are not buying the blowout January Payrolls report The 10 year breakeven inflation rate has been declining (the 5 year is similar) for the better part of a…
January payrolls boomed at +517,000 You can click the graphic to get the details from BLS: I was quite taken aback by how strong the January Payrolls reading was. While…
Gold is cracking below 1920 (currently futures are 1901). Silver is cracking out of consolidation below key resistance and also poking through the daily SMA 50 (currently futures are 22.95).…
