3 Other Amigos Well Aligned
Just a light duty post to show you 3 different items that would travel together in a would-be reflation trade. This chart is probably over a year old and was…
Just a light duty post to show you 3 different items that would travel together in a would-be reflation trade. This chart is probably over a year old and was…
This morning in pre-market the Amigos' futures charts update the macro story... ...which goes something like this... Copper, the cyclical Amigo (weekly chart) has furthered the intermediate trend line break…
With all due caveat about the long-term chart and its still-intact downtrend, we note that the daily Silver/Gold Ratio is intact to its intermediate uptrend. We also note that there…
Daily Silver/Gold ratio (SLV/GLD) continues to cling to the story of a coming inflation situation as it also clings to the up-turned 50 day average. Monthly Silver/Gold... well, you know.…
They call copper the metal with the Ph.D. in Economics. But these days Doctor Copper is little more than a quack in that regard, taking a cue from the metals…
I am not a bond trader or stock market analyst by original profession. Until 2004, when I became a public market writer and especially 2008, when I began to work…
The next recession won't be so bad. That's it, that's the prediction. But first... In 2012 the academic Campbell Harvey of the Harvey & Erb comedy troupe predicted gold was…
No matter whether or not gold resumes its correction, as these ratios trend down the proper macro backdrop is in place for a bullish view on the counter-cyclical gold stock…
So we have FOMC standing ready with the actual potential to rock the markets due to the split opinions of the Fed Rate Futures boyz. It has actually moderated back…
Growth stocks vs. Value stocks have dropped below the daily SMA 200. But is it really a breakdown? Well, not on the longer trend; not yet. But there is this…
There are all sorts of little pictures happening on the fly in the markets right now. These little pictures are happening in concert and will inform the big picture soon…
Time for another installment of Gold vs., as we review the counter-cyclical metal vs. it's cyclical counterparts using ETFs. But first, the gold price vs. the silver price is closing…
This is just breathtaking, as the would-be steepener is now dead and buried. It has the feel of a final and dramatic move. A lot of things are making dramatic…
The 10yr/2yr spread is making a lower low, that breaks the steepening trend of 2019 and the signal would normally be thought to be Goldilocks; where inflationists get killed, gold/silver…