Copper price (futures) clings to intact status Doctor Copper obviously failed again after a brief head fake above the moving averages. Doc is the cyclical economic metal. It clings to…
Gold is regaining its composure vs. cyclical markets It's a process, folks. An extended and annoying process. Our brains fire off in real time but the markets move over time…
Gold/Silver ratio (and USD) would attend global liquidity stress I know. I know. It's a mutant inflation and all, with global war and politics driving the bus now, and the…
The 10yr-2yr Yield Curve continues to posture for steepening The recent secondary inversion (initial inversion was August, 2019) continues to look like it has birthed a bouncing baby steepener. The…
10-2yr Yield Curve steepening, but not due to inflation While the headlines continue to blare inflation 24/7, an indicator of the 2020-2021 inflation diverges the hysteria. Sure, the yield curve…
NFTRH 705 excerpt (May 15) on silver (as silver futures tick 21.92, just below the key resistance zone beginning at 22) Watch Silver The broad markets finally took a sentiment…
High Yield spreads are elevating And the message is not a happy one for the risk 'on' world, which is most of the investing world. Combine it with Gold/Silver, Gold/Copper…
Cyclical copper is now signaling full on danger in its relation to gold The lowest low since February 2021 is being struck by the Copper/Gold ratio. And here's the companion…
Yield curve steepening, but there's more to the story The yield curve can steepen under inflationary pressure (e.g. 2020) or deflationary pressure (e.g. 2008). The most recent steepener was inflationary.…
Copper and copper miners breaking bad I looked at FCX and thought about buying it as it got dropped to a higher low at the SMA 200. Today it has…
Gold/Silver ratio breakout continues apace Slowly it toined (last week man stared at chart while stuck on an airplane at JFK, Brooklyn accent appropriately included)... ...and today it continues to…
As the Copper price finally makes a move that could lead to implosion (this time?) It's a hard break below the SMA 200 and maybe this time the good doctor…
Our flight back from Key West had a detour as jets cannot fully fuel up in Key West due to its really short runway (you should see how they slam…
Subscribers will understand the macro implications of a breakdown in the ‘V’ and the ongoing downtrend in its relationship to the Canadian TSX index. Anyone else should realize at the…