Risk implied for gold by this picture
Gold as correlated with the CPI/TNX ratio has implied downside Earlier I saw some stuff about a gold breakout and thought about how they never seem to learn. They either…
Gold as correlated with the CPI/TNX ratio has implied downside Earlier I saw some stuff about a gold breakout and thought about how they never seem to learn. They either…
Gold calmly continues cobbling its Handle, Miners lay in wait You see, there is all this noise out there. It comes mostly from inflationists touting gold in the same breath…
Copper makes the headlines, but GYX has been bullish all along; gold awaits its time as the message from metals land is bullish, risk 'on' and cyclical While copper went…
Rah rah sis boom bahhhhh, gold explodes higher vs. stocks! And buggish cheer leaders are of course micro managing it. One day perma-bullish squirrel finds nut.* Is today that day?…
Ah, the imagination of gold perma-bulls The promoter in question - he of the "drop dead gorgeous bull wedge" in GDX right before one of the worst declines of the…
The Copper/Gold ratio remains at a key decision point Gold has been clobbered lately but a key metallic macro indicator remains in a long-term congestion zone. If it's going to…
Gold/CRB ratio indicates a positive risk vs. reward for gold over commodities Most of the 2020 risk in Gold/CRB has been bled out over the last year. Sure, the ratio…
[edit] Of course, every big buy in gold is a "whale purchase" or some other legit sounding thing while every big dump is a "paper sale!" to manipulate the price…
And they bought gold bars, not GLD Gold's potential reward vs. the risk in stocks is absolutely compelling now. That is not a comment on near-term price action, but it…
Cyclical markets in relation to gold indicate reflation is still on, but... The most inflation sensitive markets are still trouncing gold, while certain stock markets are flipping suspect and the…
Is that an inverted H&S in gold? I responded to someone's tweet about gold with the monthly chart below, which we've been viewing in NFTRH updates as an alternate scenario.…
Gold miners (HUI) are out of whack with the Gold/Oil ratio (GOR) and the Gold/SPX ratio This isn't to say that the would-be bounce (HUI is postured in a small…
While the interest rate backdrop swings favorable, other gold indicators are not yet While real yields are negative (positive for gold) and credit spreads are weakening (positive for gold) the…
With RG's permission to reproduce... This is a post that many readers will probably find unvarnished, if not crude or repugnant. In the newsletter world we are supposed to be…