The turn upward in the Gold/Silver Ratio has brought a degree of market upset The question now is whether that is all. Was the GSR
Category: Market Indicators
Do ya feel lucky, punk? Gold gets hammered but Copper fails to seize the moment
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
Yield curve and 10yr Treasury yield: Our story since August 2019…
The yield curve and the nominal 10yr yield are at a critical macro juncture The chart attempts to tell you what I think without me
Gold/CRB ratio; where is the risk and where is the reward?
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
vs. SPY: A view of reflationary progress (or lack thereof)
A picture of various reflation-sensitive markets vs. SPY/SPX The picture says that equity-centric reflation markets are struggling to regain uptrends relative to the broad SPY/SPX,
CESI: Surprise!
Citi Economic Surprise Index continues to flash a stark warning Not that it has mattered (as with other bubble indicators) but the CESI is and
2 Horsemen
Gold/Silver ratio and USD, updated Come on you two, let’s get this done. Let’s destroy every dogmatic, autopilot flying inflation tout on the planet. At
The median stock may be rolling over
While headliners SPX and DJIA miraculously recovered and ticked new highs yesterday (NDX recovered near the high), the median of 1700 stocks, AKA as the
Let’s not forget the Yield Curve
The 10yr-2yr Yield Curve has had its first interruption of the new steepener During this summer in which some of my indicators are at war
“Liquidity Alarm”
Market liquidity is draining from different vantage points On Wednesday I made a post that showed the “metallic credit spread” (as coined by Bob Hoye)
Here’s a chart for 98% of market participants to ignore
I’ll let the chart do the talking, except to say that the Silver/Gold ratio is giving a similar warning to Q1, 2020. Otherwise, move along,
Gold/Silver Ratio to the world: “anyone listening?”
Gold/Silver ratio indicates waning market liquidity Since its fellow rider, the much reviled US dollar, is also still in rally mode the implication of the