Public posts

CPI on message

CPI increases more than expected, but it's not forward-looking See Inflation increased 0.4% in September, more than expected despite rate hikes Well first of all guys, CPI is not inflation.…

Comments Off on CPI on message

Fed minutes: what else is new?

Fed minutes show the hawking Fed fully feathered They can't be this dumb. So there has to be a reason why the Fed, despite myriad signs of economic and inflationary…

Comments Off on Fed minutes: what else is new?

ISM continues to decelerate

The September ISM shows manufacturing continuing to weaken Of course, this is a forward looking economic indicator, so why would our friends at the inflation-fighting Federal Reserve take it or…

Comments Off on ISM continues to decelerate

Au/ES, Au/HG & Au/Ag ratios (& USD)

Gold's ratios to stocks, copper and silver (daily charts)... "It's a process" he parroted for months on end. Gold/ES continues its recovery and bodes well for the counter-cyclical view from…

Comments Off on Au/ES, Au/HG & Au/Ag ratios (& USD)

Gold in Euros holds trend

Gold/EURUSD holds major daily uptrend Just an fyi for my European friends. Despite gold's tank job in USD terms, Au/EUR is thus far holding trend. A European sees gold much…

2 Comments

BTC/USD is not buying it

As the US dollar takes a hard pullback, Bitcoin herds aren't buying it Considering that a lot of the crypto sheeple followed some of the dumbest stumps on the planet,…

Comments Off on BTC/USD is not buying it