Silver is at an absolutely critical juncture right now
Gold futures are up and silver futures are up bigger. So the Silver/Gold ratio is still playing ball tonight by keeping its bounce going. But nominal silver has work to…
Gold futures are up and silver futures are up bigger. So the Silver/Gold ratio is still playing ball tonight by keeping its bounce going. But nominal silver has work to…
The silver price and gold price are both up big today in response to the Fed's QE announcement. Obviously the sector is doing well today. But for the wider macro,…
[edit] I forgot to mention that open interest (green line) in gold is fading and in silver it is tanking. In my experience (though no expert) that goes hand in…
Better yet, don't avert your eyes. You need to see this. The pictured Amigos seem of a different, more innocent time. See their wackiness. See them smile. See them full…
The HUI/Gold ratio has tested the depths of the 2016 low and reversed with a vengeance. If this holds true it's obviously a strong sign moving forward in the precious…
Reminder I just want to make sure anyone who has interest is aware of new in-week notes that I don't think rise to the level (of length or depth) of…
This is not just another 'Amigos' update, as you will see near the end of the post. As usual, we'll go with daily charts on the gold price futures, silver…
Here are the daily and weekly futures charts of the Amigos, which were live as I saved them a few minutes ago. Click for larger, clearer views. Monetary Amigo with…
Wheaton Precious Metals Goes Full Macro Nerd Not Random: The Gold-Silver Ratio I happen to have WPM as a core precious metals holding. But in this case they are a…
The Amigos check in with their futures charts as follows on this day of market relief sweeping the globe. And I don't say that derisively or dismissively either (cough cough...…
Man stares at EMX chart, man sees overbought reading, precious metals getting hammered (as would be expected on market sentiment relief) and man remembers selling a 10% spike in GSV…
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 China put the trade war…
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 it is a new bull…
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 Amigos have to say. As…