‘De-dollarized’ USD Still King
USD is king of a shabby realm (of global currencies), but it reigns nonetheless It's still Uncle Buck and then everybody else in the fiat debt paper world. You can…
USD is king of a shabby realm (of global currencies), but it reigns nonetheless It's still Uncle Buck and then everybody else in the fiat debt paper world. You can…
This week will be noisy. There will be a GDP revision if applicable, ADP employment, PCE index, Payrolls and ISM manufacturing data. The Fed's Bostic will also eat a mic…
The 10yr-2yr yield curve is grinding out a would-be steepener after the secondary extreme inversion The yield curve is pulling back currently as the Wizard has resumed complete control. Jerome…
Gold is not a risk asset, it is an insurance policy, and the gold mining industry will one day leverage that characteristic Just as a standard financial insurance policy is…
GDX, the Gold Miners ETF, faces its first clear resistance Oh how long we have used this chart to guide into and out of rallies and corrections in the gold…
Well, it is dramatic to a nerd like me. Those of you with reasonably normal lives may have other things to see to. With reference to yesterday's update, interestingly, the…
As the US dollar index ticks a new cycle high, pressuring target zone #2... ...the Gold/Silver ratio is weak, and thus not confirming USD, at least from the perspective of…
The gold stock correction has been in play since GDX/HUI doubled topped in April-May Gold Stock Correction From a Seasonal View We begin this article, which updates the gold stock…
A short and simple update this morning. The 10yr-2yr yield curve is ticking a new high off of what I believe is secondary extreme inversion to the one from March.…
It seems like forever ago we set out on the correction with an objective and target of filling the 'sub-28' gap. Today GDX is a tick away from doing so…
The US dollar is not taking up the hype on the retail sales beat that theoretically implies a still hawkish Fed. It resides where we last left it, testing objective…
The US dollar index has exceeded objective #1, will now test #2 It's pretty simple, the US dollar has been bearish on the daily chart time frame since dropping below…