3 Metallic Amigos on Macro Relief Tuesday
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...…
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…
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 far it remains constructive for…
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 2018's Christmas Eve massacre. "Many…
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 be blowing. FYI... Subscribe to…
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 lot during the 2003-2008 inflationary…
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 cover shorts and press some…
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 nothing burger yesterday. Let's use…
[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 balance remains in effect. Should'a…
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 topped and the silver price…
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 well. It feels like a…