I'll be out for the first part of the trading day, so I wanted to get a little review of these items in the can for your consideration. Daily chart…
A snapshot look at the US dollar index doing as we'd anticipated (bounce) to a level we'd allowed for (SMA 200 at 103.40), if not temporarily higher (to a lower…
A brief video update of the GDX daily chart. Apparently some pleasantly disinflationary news (wholesale prices) is driving gold and silver this morning. Hmmm, right at a very key technical…
The anti-market, USD and its fellow (would-be) liquidity destroyer, the Gold/Silver ratio are updated briefly. USD is halted at our original bounce target of resistance at 102.50, while it tries…
With a fundamental note that gold outperformed mining cost input crude oil quite well in Q4, which is due to be reported by miners in the coming weeks, let's take…
The US dollar bouncing is one thing. It has bounced to the anticipated resistance area. But the state of the Gold/Silver ratio (GSR) in tandem with USD is quite another…
When projecting a USD bounce on December 28 we also established an initial and perhaps best bounce target around 102.50, which at that time included visual resistance and the daily…
The silver price is easing along with other metals in the face of the little bounce by USD. Logical, normal. The daily chart shows us what keeps it normal and…
It is holiday party season, with trading signals that may not be as reliable as some regular week during the year. But the US dollar index is still the main…
Referring to the daily chart of GDX we've used to manage many a rally and pullback, let's take an update of the situation on this probably least valid trading day…
For the purposes of this update USD is an indicator, much like its fellow indicator of (would-be) liquidity destruction, the Gold/Silver ratio. When the reserve currency rises along with the…
The Fed has finally come around to what we already know. Inflation signals have been decelerating all year, the battle against the last problem is over and the future problem,…
Commodities have been weak amid disinflation. But that has not stopped us from identifying certain positives in development. Last week Crude Oil was highlighted for a potential positive trade by…
The median forecast expected for this morning's November payrolls report is +180,000 compared to October's +150,000. If payrolls beat expectations I'd anticipate the US dollar to continue its bounce and…