Yield Curve Updated

With nominal long-term yields recovering as expected, the Yield Curve is joining in by resuming its inflationary steepener. Below is the big picture, which I never get tired of looking…

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Silver… Away!

The monthly chart of the silver price shows a break through the long-term resistance zone and a tick to an 8 year high. Suspect underpinning though it may seemingly* have…

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What Thing Looks Like the Other Thing?

Thing 1 (USD) looks a lot like Thing 2 (Gold/Silver ratio), and the 2 riders would bring death and destruction to the macro party if they were to rally Here…

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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 followed Twitter accounts) guiding us…

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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 markets. The daily chart shows…

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