CPI approaches
The May CPI report hits the markets tomorrow No predictions, just a question. What do you suppose might happen if somehow CPI - backward looking indicator that it is -…
The May CPI report hits the markets tomorrow No predictions, just a question. What do you suppose might happen if somehow CPI - backward looking indicator that it is -…
CPI will show inflation, but at what rate? [edit] You can view the CPI report here by clicking the graphic... This morning's CPI release is much anticipated by your trusty…
When gold could rise during inflation You know, I rag on inflationist gold bugs a lot. And it's with good reason. They are usually wrong. It's not as simple as…
CPI inflation ramps up to no one's surprise Here is the headline from the media (click for the article)... Here are the nuts and bolts from BLS (click for the…
Gold as correlated with the CPI/TNX ratio has implied downside Earlier I saw some stuff about a gold breakout and thought about how they never seem to learn. They either…
CPI comes in cooler, market cheers... So CPI is cool enough to settle the nerves of Fed-obsessed casino patrons and machines alike. Consumer prices post smaller than expected increase in…
Cost-push inflation could break out (and a note on gold) Before beginning the post a little context is in order. We (NFTRH) anticipated the current pause in long-term Treasury yields…
All according to plan, I might add. Well, the "sending markets tumbling" part is its own animal. But as far as inflation fears and Treasury bond yields go, we're on…
I was looking through some old monthly charts and came across one I had created a couple years ago to illustrate the confidence that the market had in the Great…
By way of @TheStalwart (which was forwarded by a subscriber who has dug up so many quality reference points): Holy crap. Had no idea the Billion Prices Project is now…
[edit] Post veers at little at the end, may require a couple reads... [edit2] Attn: Subscribers, material dovetails with market analysis in #318 [edit3] Charts are quite large; click for…
[ed: Excerpted from NFTRH 301’s opening segment. Those looking for paint by numbers directions and casino game instructions (talking to readers at a certain site that may or may not re-publish this article) feel free to just skip the article. You will not get what you are looking for. The balance of NFTRH 301 did the nuts and bolts technical work on the relevant US and global markets, precious metals, currencies, etc.]
[edit 2] Based on reader feedback from another site, it appears I do not understand inflation, nor that gold’s purchasing power is superior to that of the USD over the long term. What I take from this is that if you post anything positive (like USD’s ‘price’ potential) about the buck and/or negative (like gold’s price vulnerabilities) about gold certain handbook carrying people in the gold ‘community’ are going to lash out first, and read/consider second. In other words SSDD.
Take a look around the gold bull landscape and tell me how many of them are featuring a chart like this, showing the US dollar in a bullish short-term stance (to go with the weekly bullish stance we have noted for so long in the ‘Currencies’ segment).
This is not to say that the US dollar has real value. How can it when it is hopelessly dragged down by a national debt-for-growth obsession. But as with gold, value is one thing and price is quite another. It is just that one (USD) receives a price bid due to a ‘nowhere else to hide’ sort of mentality by the majority when asset market liquidity becomes constrained and the other (Gold) receives a more solid value bid, over time.