The reality, which gold bugs need to accept, is that cyclical inflationary forces are still dominant Not many market or economic indicators are clearer in
Category: Market Indicators
Gold/SPX Ratio; Gold Bugs Avert Eyes
The hard crack in the precious metals came last week Of course it did! Gold, guns and ammo, right? Man those Unabomber shacks! Domestic terror
Yield Curve Relentlessly Steepens, Gold Builds a Handle
Yield Curve steepens under inflationary pressure while Gold’s monthly chart patiently builds its Handle Another week, another yield curve steepener and continuation of the trend
Another Day, Another Yield Curve Steepening
Yield curve noses up to highest point yet in post-August 2019 steepener Ho hum, the yield curve is +5% as nominal yields continue to rise
The Yield Curve Continues to Steepen…
A steepening yield curve indicates that at best, Goldilocks is nowhere to be found There are all kinds of geniuses out there (usually with massively
Steepening Yield Curve Demands Your Attention
If the yield curve is steepening under inflationary pressure (as it is today) your attention is demanded as an investor because 2020 into 2021 is much different
Copper/Gold Ratio; S/T Elevated, L/T Just a Bounce
This morning’s futures charts of the Copper/Gold Ratio… Copper/Gold (daily) has been quite a star during the rally built off the back of the devaluing
Silver/Gold Ratio Makes a Move
The Silver/Gold Ratio would lead the precious metals and inflation trades higher Unless it’s an FOMC week whipsaw to end all FOMC week whipsaws (there’ve
Checking in on the Gold/SPX Ratio
Where is the Gold/SPX Ratio? Pallookaville my gold buggish friends. And that’s a good place for it amid the joy fest in progress in broad
Junk and Junk’s Ratios to ‘Quality’ Bonds
Junk bonds have not yet cracked as speculation continues The stock market is probably not going to crack until the ultimate sign of rampant speculation
3 Metallic Amigos and Their Messages
Metals Ratios Continue to Indicate Inflation And that is welcome for monetary and fiscal policymakers of course, since inflation is the only trick they have
Gold vs. Inflation/Reflation Markets
A view of gold in ratio to markets that benefit on a relative basis from cyclical inflation, which as you know central banks and politicians
Pivotal Juncture for the Reflation Trades
RINF (inflation expectations) has sagged to its trend marker (SMA 50). As has TIP/TLT. While the heretofore inflation signaling yield curve has also eased a
Gold Getting Blown Away By Cyclical Industrial Bro, Doctor Copper
Well, on the short-term at least copper is still trouncing gold as the ratio ticks a new recovery high today. The long-term is not so