An update of the 2 riders opposing a would-be renewed inflationary reflation trade. To review, the Gold/Silver ratio is an indicator of failing market liquidity when it rises and the…
BTCUSD is stabbing the neckline of the bearish pattern that formed in March-May. Resistance begins at 42,000 and then waits the SMA 200. While not bullish on BTC we did…
The way it is shaking out as I see it, it's the 30yr yield Continuum's right side shoulder (which, if it manifests and turns upward would be consistent with new…
On July 8th we introduced an alternative (to the bearish S/T view) option for gold that involved a potential inverted Head & Shoulders pattern. Let's update. First, a daily chart…
Today I added another EUO position, which is in essence my strong dollar position [edit: also added strong dollar fund UUP in after-hours]. The reason being that USD (DXY) is…
Well, inflationary signals are back on to varying degrees, if not the reflation trades across the board. The inflation rate continued to climb in June. This as our indicators had…
A simple update of HUI's daily chart. Why do I stay on top of this lowly sector? Because when the macro turns it will be special once again. With the…
The sentiment backdrop is far different in long-term bonds now than it was when rates were rising and we projected a cool down in yields/inflation, and a favorable sentiment backdrop…
Since a micro version of the right backdrop for gold and the miners that would leverage that backdrop is in play now it is time to review our (well, my)…
A super simple update to explain why I added the Wheat fund WEAT, per the Trade Log. First, there is the chart tapping the SMA 200 within an uptrend. The…
It's as simple as that which was 'anti' when the inflation/reflation party was ripping is still 'anti' when the party is over (at least temporarily). When markets liquidate - to…
A look at the 30 minute chart of GDX shows a normal pullback to fill the opening gap. With Treasury bonds rallying and reflation-sensitive stocks and commodities pulling back it…
We used the 30yr yield Continuum to project a pullback in the inflation/reflation trades and associated inflation hysteria as the yield approached 2.5% back in late winter. We then planned…
The bad news is that both GLD and SLV have filled the most recent down gaps. The good news is that they both also have gaps still open well higher.…