The copper price bangs the downtrending daily SMA 200 for the 3rd time in a month It's pretty simple. The major daily trend marker (SMA 200) is sloping down and…
It's FOMC week, the eggheads have dispersed to their private offices and now into the void comes man, machine, black box and casino patron of all stripes. FOMC week; it…
While the copper price can continue to rise near-term, the picture is turning negative The bounce back rally in the copper price has been anticipated as part of the Q4-Q1…
A quick update on a couple of important indicators. The Gold/Oil ratio as represented by GLD/USO is bouncing hard today within its downtrend. As the gold mining bull I expect…
The nominal gold price is positive this morning and still trapped below initial resistance. The silver price has retaken and thus far held the daily SMA 50. The copper price…
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…
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Copper/Gold and Oil/Gold correlated with the 10yr yield From yardeni.com, a visual representation of one implication of the Copper/Gold ratio, which I often make a big deal about. If the…
In an 'all one market' signal, gold, silver and copper are contrary constructive, bullish and bullish respectively by sentiment/positioning in the Commitments of Traders Gold improved this week from an…
Doc and the old man: A likely false dawn amid summer relief Many indicators became overdone to the downside in June and July. Certainly sentiment indicators did. But so did…
The copper price is tanking, and not just nominally As the upcoming FOMC is forced by market signals to keep its hawk suit on (as of today 54% of CME…
Metals Commitments of Traders are contrary bullish The gold price chart is looking bad technically. But the gold CoT alignment, especially where the little guy (blue) is concerned, is contrary…
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[Edit] You write millions of words over a couple decades and you're going to screw up once in a while. Copper did not hit 3, it hit 3.30. I noted…
Gold's stock and commodity adjusted prices are spiking The nominal gold price is not only going nowhere; it's fading bearish on a daily chart view. Gold is experiencing selling pressure…