Per this post yesterday the 2yr Treasury yield has taken out the 2018 high and a secular bull market trend (lower highs in yields) has been broken in short-term bonds.…
Of course they are re-testing during FOMC week. We had been looking for a short-term re-test of the May lows in the metals and miners and on Friday the miners…
We dug up a reason to at least have a little healthy caution about gold (the gold price that is; I never worry about the actual metal and its value…
Just a quick snapshot to update the Continuum's status. Please recall that we are looking for the yield to make a lower high to the 3.5% (actual: 3.45%) high of…
I believe the macro is swinging to be positive for gold because things are falling apart left and right as the Fed is compelled by market forces to do what…
CPI came. CPI laid another big inflated egg. CPI left. Costs and wages are still rising but real wages declined again. That is another way of saying Stagflation. Stagflation is…
The daily chart of GDX shows a bear flag (wedge) breaking down after it failed to take out the daily chart's SMA 200. This could be in prep for a…
Just another update on the secondary precious metal that could be a good forward signaler (positive or negative) for the sector and possibly the inflation trades (with all due consideration…
Well, I am mercifully finished with my MA > NY > tons of physical exertion > MA trip and in a moment of clarity decided to just give my daughter…
A subscriber sent along a link to this article from iea.org (which can be found at 'Links' on the menu above under 'Economy & Industry'): Critical minerals threaten a decades-long…
We have covered USD in detail. If global asset markets (and especially commodity/resources-related and emerging markets) are going to experience relief, USD will have to weaken. Uncle Buck has finally…
A very simple update after a few subscribers have written to question their positioning in silver. I generally don't care much about silver, at least as compared to gold. But…
I've been waiting for the relief bounce/rally in stocks to arrive due to the bleak sentiment profile. This morning in pre-market ES is +1.5%. Maybe this is it. Gold, which…
As the macro shifts in favor of gold (rising vs. stocks, industrial metals, silver, most global currencies) and risk in the broad markets goes firmly 'off', the main holdout continues…