The TSX-V/TSX ratio, the ratio of the speculative Canadian market vs. the senior Canadian market, which I use as a guide to speculative inflation trades, has spiked to take out…
An FYI that HUI's 2nd target is being ticked today. That is the 255 area (current: 257). This also corresponds with the neckline of the yellow shaded pattern for what…
Below is a snapshot of the health of the speculative inflation trades and a reason I have gold on watch to bust its bearish macro trappings at any time. There…
Another routine technical update of the precious metals, with all items on track to the bounce projection. Gold is slithering along the upper bound of the downtrend channel that is…
A quick FYI update noting HUI has hit bounce target #1 per the Oct. 6th update on gold, silver and HUI. That was the SMA 50 and noted resistance, which…
The thorn in the inflation trades' side continues apace. That thorn is the combo of the US dollar and the Gold/Silver ratio, each of which have maintained their uptrends. Until…
What is still only a routine and thus far healthy correction for stocks grinds on. As would be expected, gold is firmer with this backdrop of angst. However, it still…
As a core inflation number comes out today and causes some market hype, as per usual the gold stocks are doing nothing. Considering the state of mining cost drivers like…
Bearing in mind that we've projected 18.90 as the best downside target, here comes target #1 for silver, which as noted in an update on Monday had a nice CoT…
Uncle Buck is making a definitive breakout above resistance after previously holding the neckline to the Inverted H&S. Daily RSI and MACD are aligned for higher levels as well. In…
These pictures paint the taper-talking Fed as behind the curve, literally and figuratively. Yield Curve: steepening Long-term Treasury yields: rising Inflation expectations: rising Broad Commodity complex: rising (mainly driven by…
Well, USD never did give up the 2021 rally despite the re-pumping inflation trades. It is apparently getting the Fed taper bid (Lael Brainard is talking it up) and taking…
Silver is more inflation sensitive than gold. Post-FOMC macro has pivoted toward the inflation view as noted in NFTRH (with a couple contrary caveats still in play). Thus, it would…
From NFTRH 674... If somebody can tell me how to effectively play Lumber I’d like to do so. A nice bottoming pattern taking shape here. Also an interesting forward macro…