The Silver/Gold ratio continues to flash positive, short-term (ref. NFTRH 750) The Silver/Gold ratio (SGR) is an indicator favoring inflation and cyclical markets when it is rising. Recall that it…
While the chart of silver does not show gaps and is breaking bullish (having taken out the key 22 area resistance once again)... Silver ...the chart of SLV shows a…
If SPY's daily chart has been rising in a bear flag after testing the key December low, then we'd have to think about calling an end to the Q4-Q1 rally,…
Here on Fed day I want to talk about things other than the Fed and its upcoming .25% rate hike. We have not reviewed sectors relative to the S&P 500…
Janet Yellen is sooth saying the markets about the bank sector meltdown going on. It is government, not the Fed that is applying the band aids, talking about bailouts and…
I have long waited for the Energy sector to crack ("last inflated man standing") and finally it has. However, the crack is within an intact uptrend, using XLE as the…
Earlier we noted the yield curve spiking from deeply inverted to less inverted. That will be a big time negative signal if it continues and starts to steepen in earnest.…
The 10yr-2yr yield curve is spiking impulsively and unlike the steepener into 2021 it ain't inflationary. We know that because nominal Treasury yields are dropping, not rising. If this continues…
Gold and Silver, daily charts and the Silver/Gold ratio Treasury bonds are positive, the 10yr-2yr yield curve is ramping (in a steepening direction within its inversion) and Credit Suisse bank…
A visual update of the macro as it swings in favor of the gold mining sector. First, nominal gold took out the SMA 50. Next objective would be a new…
A short snapshot of a couple items for your review. The USD index (DXY) is testing the SMA 50 right now. It never made it to our target at the…
The government is stepping in to bail out SVB depositors and the banks are still tanking. Graphic is linked to the article. As a side note, the government says that…
In line with this morning's payrolls report, which increased in job numbers, but showed easing in cost-push inflation (wage growth), gold is retaking some of its relational trends vs. cyclical…
Goldilocks is the term for a not too hot (inflationary) and not too cold (deflationary) economic backdrop. Within this we'd favor Tech and possibly Semiconductors * for their leadership over…