Copper and Copper/Gold continue the dark messaging These things take longer than you'd think when you initiate the analysis at its start. It was about a year ago that I…
Gold is doing fairly poorly in its own right, but potentially bottoming vs. 'inflation expectations' (which are a key Fed consideration) The gold price (futures) is in a potential 'W'…
It's an oversold bounce for the copper price, the Copper/Gold ratio and likely other commodities The daily copper price (futures) is showing a logical bounce from a small support shelf…
The real, or inflation indexed yield on the 5yr is spiking In Saturday's interview Jordan asked me a question about real yields and gold. Specifically, why is gold so relatively…
Do not be these two things simultaneously; cyclical inflationist and fundamental gold mining bull Whereby I turn my word salad loose upon the world. After an opening with too many…
As they leverage the macro, what's good for gold is even better for gold miners After last week's article, in which we noted a unique move on 'CPI Friday' as…
Copper price (futures) clings to intact status Doctor Copper obviously failed again after a brief head fake above the moving averages. Doc is the cyclical economic metal. It clings to…
Another hot CPI fails to suppress gold With FOMC on tap with an upcoming .5% rate hike, gold got hammered and bounced back with a vengeance on 'CPI' Friday. The…
Gold is regaining its composure vs. cyclical markets It's a process, folks. An extended and annoying process. Our brains fire off in real time but the markets move over time…
The monetary metal has changed trend vs. monetary digits The future of money will have to wait before the new digital munny is ready to take over safe haven 'liquidity'…
Cyclical copper is now signaling full on danger in its relation to gold The lowest low since February 2021 is being struck by the Copper/Gold ratio. And here's the companion…
Just a heads up that a guy I've known of and respected for many years has been commenting on this post from Monday about the negative divergences to inflation: Not…
Copper and copper miners breaking bad I looked at FCX and thought about buying it as it got dropped to a higher low at the SMA 200. Today it has…
Gold vs. risk 'on', cyclical items For you sports fans keeping track at home, here is the current view of gold vs. the (much) more cyclical stuff using GLD and…