NFTRH 757
Notes From the Rabbit Hole, #757 Summary of NFTRH 757 and the macro situation leading up to it US stock market is at risk by its internal indicators. Sentiment is…
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May 14, 2023
Man talks… and talks… and talks some more… about gold and stuff
I talked with a nice gentleman named Tom yesterday. Here is the video. Hint: if you are looking to pass some time more quickly, just open your yap and don't…
May 12, 2023
NFTRH+; Goldilocks
Inflation is moderating to the degree that even the herds are fully aware and anticipating the end of the Fed rate hike regime.Yet earnings are generally exceeding reduced estimates and…
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May 12, 2023
NFTRH+; this metal finally testing support #1
Silver has been the leader. Now comes a test of its leadership. Our two key projected support levels were the January topping cluster in the 24s (being tested now) and…
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May 11, 2023
Inflation bugs puking for the wrong reasons after April PPI report
The April PPI report continues the disinflationary theme The April PPI report came in to the disinflationary side, and as a side note unemployment claims jumped to the highest level…
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May 11, 2023
NFTRH+; macro decision point status
Our existing theme is very generally for the inflation>disinflation>deflation scare progression to play out. The potential theme that I galaxy-brained in NFTRH 756 is that gold could continue to under-perform…
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May 11, 2023
Dedollarisation?
Dedollarisation; the hip new buzz phrase may actually play out this time, for a while The multitude of analysts that have been waiting for the "death of the dollar" (DoD)…
May 9, 2023
NFTRH+; a clue from the bond market?
As you know, NFTRH 756 put its thinking cap on right in the middle of yesterday's report. This resulted in a potential change of tack going forward from the disinflation/deflationary…
May 8, 2023
NFTRH+; still watching a potential bottom in this indicator
The US dollar got knocked down this morning as the Fed prepares to launch what I believe will be its last volley of support for the reserve currency. But USD…
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May 3, 2023
Copper/Gold ratio: “the metals” is not a thing
"The metals" is not a thing says the Copper/Gold ratio; but a more in-depth macro view is required as this Greed/Fear ratio breaks down To preface, I have no right…
May 3, 2023
NFTRH+; just back from the road and, GDX…
In microcosm the markets did what they (IMO) should do. Gold stocks went up at the dawn of a positive fundamental phase and most everything else went down at the…
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May 2, 2023
Last Fed rate hike coming this week
CME Group shows this to be the last Fed rate hike of this cycle Of course, all you have to do is look at the indicators beneath the surface to…
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May 1, 2023
A perfect blog post on money supply and the Fed
Steve Saville checks in with a perfect post on money supply and the Fed Coincidentally, I used this chart of M2 to show the drastic percent change from a year…
May 1, 2023