This morning in the futures market the Amigos are still showing a cyclical bias with copper remaining plucky in its rally as the US and
Category: Precious Metals
3 Metallic Amigos and a Liquid One on US-Iran
First, the Amigo that usually does not benefit from war, terror or pestilence after its initial impulsively bullish reactions. There’s always a first time, and
3 Metallic Amigos Ride Into 2020
At the dawn of what is going to be a hyper-interesting year in the markets and in society, let’s see what the lovable and goofy
Silver/Gold Ratio Still in Flag Breakout
The Silver/Gold ratio (SLV/GLD) continues to reside above the daily chart moving averages (which are still trending down) after a breakout from the flag. So
A Market Festivus
They say that Festivus is the “anti-Christmas”, but in this case we are going to call it the anti-Christmas Eve as the markets close out
Silver/Gold Ratio on Message
The Silver/Gold ratio – again assuming we’re not just playing Santa silly season here – is on message with the reflation/inflation/cyclical winds that appear to
Wayne, Garth, Gold, Silver & Huey Party On
There is precedent for an inflationary/reflationary episode to see rising gold, silver and miner prices right along with commodities, resources, stocks, etc.. It happened a
Gold and Silver CoT Remain a Concern
Just reading it as I see it, folks. Gold commitments of traders saw the specs press long and the commercials press short. Silver saw specs
3 Metallic Amigos Weigh In, Post-FOMC
Since the macro often gets its pants in a bunch over FOMC, let’s see what these 3 economic metals have to say about the Fed’s
Wax On, With an Interesting Twist [w/ edit]
[edit] Well, apparently the stock market’s desire to fill the short-term gaps outweighs the pre-market hype. So the good news is that the current portfolio
Thoughts on the Gold and Silver CoT
Gold and silver Commitments of Traders printed this week in just about as high risk a situation as they’ve been in since the gold price
So How’re Those Miners Doing in the Face of November’s Jobs Data?
Well, so far the ratio of gold miners to gold is holding up well. The ratio of SIL to SLV is holding up better than
Gold & Silver Stocks Belie CoT Caution
We all know that the gold and silver Commitments of Traders are very extended and at levels of commercial net shorts and large spec net
Happy Thanksgiving From the 3 Metallic Amigos
As they ride off to their respective gatherings let’s get an update from the metallic macro Amigos. The counter cyclical Amigo has existed outside of