I was looking through some old monthly charts and came across one I had created a couple years ago to illustrate the confidence that the market had in the Great…
The Good Thursday's ISM report was Thing 1 in improving the backdrop for gold. But it was a small Thing. Friday's August Payrolls report was Thing 2, and it was…
First the Horsemen, Gold-Silver ratio (GLD-SLV) and Uncle Buck (UUP), who under normal circumstances ride together much more often than not. GLD-SLV is making a strong move. A rising ratio…
With reference to the previous post, here is the current view of gold vs. commodities. It is just the first move of a new week, but the weekly views of…
The signals of gold vs. other assets and markets have become so important to financial markets over the last year (hello Macrocosm, July 27 2015) that I have created a…
Just for perspective, a few (mostly daily) inter-market chart views... GDX/SPY firm uptrend, but over bought. GDX/GLD firm uptrend, but over bought. SLV/GLD stair stepping uptrend, over bought. SIL/GDX; this…
The Gold-Silver ratio and Uncle Buck usually ride together but not through the post-Brexit landscape. US stocks and Treasury bonds often go opposite each other, but not during the post-Brexit…
A point I tried to make here on the site at the end of last week and in the weekend report is that I got excited, like a lab geek…
TLT (long-term T bonds) and TIP-TLT ('inflation expectations gauge) are blowing off. One to the up, the other to the down. When the blow out comes the reversals in the…
From NFTRH 400 last weekend... "Gold vs. Stock Markets continues to look good across the board. I realize that BREXIT is on the way and there are those proclaiming how…
With no commentary, as the theme should be obvious. Although I’ll note it is not a pro-gold bug post (they’re doing enough chest thumping on their own), it is a ‘pro-preferred big picture theme, but perhaps pushing an inflation play out further’ post.
Gold (GLD) vs. SPY
GLD vs. USO
Wacky title aside, with nominal bonds and TIP bonds each rising and the TIP/TLT ratio still dropping, the indication is of course declining inflation expectations (and a lurch toward risk…
Yesterday we noted the Gold-Silver ratio and the US dollar would not remain disconnected and with today's market disturbance, indeed they are back on the same page. While gold is…
We have been noting that a 10 year break even rate of around 1.6% was the line in the sand on a continued 'inflation trade' after the bounce. The 10yr…