I am not talking my book (well, I guess I am if I am a counter-cyclical gold bug) because I am significantly more long than
Tag: Economy
Macro Tourist Outdoes Himself, Explains MMT (coming to an election near you)
I mean really, check this out from Kevin Muir. Everything You Wanted to Know About MMT (but were afraid to ask) MMT sounds to me like
Counter-Cyclical Winds Blow, Gold Miners Front and Center
As the stock market cracked on October 10th we noted… Looks Who’s Holding Firm Amid the Carnage; the Gold Miners And sure enough the GDX
Market Week Ahead
Earnings start to kick in (with Caterpillar and Apple in the spotlight) and the media are telling us all about everything under the sun as
Fed Doves Take Flight…
A ‘wild card’ segment has been added to NFTRH reports because I wanted the freedom to go out of bounds in any direction, beyond our
Semiconductor Sector (NFTRH 535 Excerpt)
As in January of 2013 (ahead of an economic up cycle) and Q4 2017-Q1 2018 (ahead of an economic ripple that began in 2018) the
Q: Semi Equipment Leadership; Just Ugly or Something Worse? A: It was Something Worse
I have so many charts that I use for NFTRH’s Market Internals segment that I have had to start a new system, color coding the
Amigos 1 & 2 Arrive, #3 Still Out There (as yield curve flattens)
The 3 Amigos were a blogger’s way of not boring himself to death while fleshing out important macro indicators month after month. Amigo #1 (SPX/Gold
Employment Blowout
How typical. Just as everyone was getting beared up out comes the employment report featuring a blowout number of +312,000 in December (vs. an expected
NFTRH; Post-FOMC (high priority)
I really do think we are onto something here. The dead-eyed (that’s a compliment) chief of the Fed just looked the market – and the
Watch the Damn 2 Year Yield
We have had several indicators swinging bearish but a big holdout has been the 2 year Treasury yield’s signal that the Fed had not yet
Slowly We Turn… Gold vs.
Let’s take an in-day snapshot of gold vs. several key competitors (for your investment dollars/euros/yen, etc.) and check the progress in turning the macro from
Cyclical Commodities Continue to Weaken, Gold Moves in Relation
[edit] Also see this post on inflation/deflation excerpted from NFTRH 525, hot off the presses. Crude Oil and Industrial Metals continue downward. This is significant
Industrial Metals Breaking Down Again
It sure is not positive economic – or for that matter inflationary – signaling as Industrial Metals lose the short-term consolidation and break down on