The tweet says it all. A problem with the president’s logic is that crude oil is part of the cyclical, risk ‘on’ macro amalgam. The
Category: Commodities
Cyclical Commodities Continue to Weaken, Gold Moves in Relation
[edit] Also see this post on inflation/deflation excerpted from NFTRH 525, hot off the presses. Crude Oil and Industrial Metals continue downward. This is significant
Positive Implications for Gold Miners if Crude Oil Breaks Down
It’s an over obsessed upon commodity, previously hyped for its (Hubbert’s) “peak” status by “experts” like T Boone Pickens and a whole clown show of
Industrial Metals Breaking Down Again
It sure is not positive economic – or for that matter inflationary – signaling as Industrial Metals lose the short-term consolidation and break down on
Gold’s Macro Signaling vs. Commodities (and PM/Commodity Transvestite Silver)
With a full slate of broad market ‘internals’ indicators and gold stock charting in NFTRH 519, there was no time left for a gold sector
Commodity Tracker DBC: Bullish, Over Bought & No Longer Owned by Me
It’s not so much an overbought chart (it can certainly move higher, mind you). It’s that I am not an inflation bull; not yet and
NFTRH 518 Excerpt: Commodities
To celebrate NFTRH’s 10 year anniversary (Friday, Sept. 28) I’d like to present one segment from this week’s report, NFTRH 518 each day until Friday.
Palladium Breaks the 200
Palladium is breaking above the 200 day moving average today and I think it means something… un-bearish. I have been as mentally whipsawed as the
Industrial Metals Still in Play
So the Trade War Food Fight (TWFF) has hammered Doctor Copper and his Industrial Metals pals of late, along with the strong dollar (now taking
Doctor Copper Prescribing Bull or Bear?
The title is just an excuse to reference an old market saying about copper as the metal with a Ph.D. in Economics. I think that
The Technical Situation in Commodities (and the negative implication for inflation expectations)
Using the multi-panel charts from the NFTRH Commodities segment we see a broken situation on the daily view. Crude oil clings to its uptrend as
Palladium Suspect & Platinum… Boink!
From NFTRH 506: Cyclical Palladium is still in breakdown mode. Not good for macro bulls if this persists. Platinum still appears headed for the test
Doctor Copper Follows His Industrial Pals
People look at the Doc, with his Ph.d. in Economics as a key cyclical indicator. The Wall Street Journal gave investors handy reasons why Copper
Did Someone Say ‘Inflation Trade’?
Well yes, NFTRH 495 was that someone. A screenshot from the Wrap Up segment… With 2-10yr Treasury yields rising anew this week (as 30yr yields