Yesterday was a reminder that Fed members can and do interfere in the markets at will. Such power to move markets should be considered disreputable at best and criminal at…
The 30yr Treasury yield is doing as expected, dropping from the hysterical high at the 3.45% target. The target for the pullback is 2.5%, which coincides with the uptrending daily…
FOMC came. FOMC laid a .75% egg. FOMC rode off into the sunset until September. Meanwhile, signs of global economic contraction continue to crop up as the Fed fights the…
Gold thus far holds the support, which can be seen on a weekly chart per a July 21st update. Here is the updated daily for review. Silver is the precious…
[See qualifying note added at end] Alert subscriber Michael has prompted me to look at something I have not looked at in years, quite frankly. I long ago simplified my…
A very simple update. This morning in pre-market the precious metals were tanking. Now? Not so much. Gold slammed the next support level we have noted at around 1680 and…
After adding GOOGL this morning to go along with other items I consider somewhat negatively correlated to long-term yields (DVAX, TWST, ZM, META w/ MSFT on priority watch) and thus,…
Yesterday's little contrary CPI bounce has failed as of pre-market this morning. Stocks (ES, NQ, Global) are down and base and precious metals are down as well. They of the…
CPI came out and it was a humdinger! Okay, that hype aside, the play is for a top in inflation hysteria and while the signals have been waning for well…
A scenario that was not mentioned in the previous update is that gold stocks (and other sectors, including the inflation stuff) could rally off of CPI, but that the big…
Gold stocks have been getting sold along with the segment that they should not be overly associated with but unfortunately, are. That is the cyclical inflation markets like commodities, resources…
As you know, the daily charts are in gross looking patterns, having failed to hold support. HUI has filled its '212 gap' and also has a gap way down at…
I added SLV in after-hours based on Silver (futures, weekly chart) proximity to the clear support zone from 18 to 18.60. I prefer the metal to the miners at this…
Commodities are imploding all around but last week I could not resist taking NatGas (UNG) and today I added Wheat fund, WEAT. The reasons? Pretty simple. It's been hammered 35%…