Time for another pictorial representation of largely counter-cyclical gold's standing vs. cyclical markets and assets using the associated ETFs. Let's go with weekly charts this time to dial the picture…
Time again for what I think are among the most interesting - and analytically valuable - views beneath the market's surface. Gold/SPX ratio is trending up on a daily chart…
A simple update using pictures and a few words to keep us abreast of the macro situation. Much of it reviews the work to date. First off, the VIX is…
October came and went. It's now November 5th with holiday (and Wall Street bonus) season directly ahead along with the 1 year anniversary of the Christmas Eve massacre in which…
The interplay between gold and silver is a critical component to understanding what is out ahead; to understanding whether long-term Treasury yields will rise and if they rise, whether it…
As suspected, the various inflation/reflation trades were just bouncing in their downtrends as they have stopped within those downtrends after some pushed the limits. Commodities are chained to inflation expectations…
The inflationist gold bug does not understand why yields are down, commodities (ex-wildcards like Agri) are down, reflation trades are down, the US dollar is up and yet gold and…
So we have FOMC standing ready with the actual potential to rock the markets due to the split opinions of the Fed Rate Futures boyz. It has actually moderated back…
Since we noted the initial move to break the 200 day moving average - and at least temporarily break the downtrend on August 27th - the Silver/Gold ratio (SLV/GLD) has…
Time for another installment of Gold vs., as we review the counter-cyclical metal vs. it's cyclical counterparts using ETFs. But first, the gold price vs. the silver price is closing…
Opening Notes As advised on Sunday this week's report will be abbreviated due to travel plans and we'll be back to our regular programming next week with NFTRH 566. I…
I focus a lot on gold and that is because it is the constant 'asset' that sits in a weighty fashion doing nothing while all the other stuff orbits -…
Just another episode of that slow-moving macro drama, 'vs. Gold' (using ETFs). Spoiler: the bottom line about the pictures below is that we are still signaling counter-cyclical and we are…
Time for another installment of the ever popular vs. Gold using ETFs as usual. SPY/GLD has been bouncing but is still suspect at best. ACWX/GLD is bearish below the moving…