The gold price is taking a hit but importantly, crude oil is taking a harder hit Let us hear no ghost stories about Banksters attacking gold or as Larry would…
Yesterday's negative reaction (of sorts) to the celebratory post-FOMC spike last week continues this morning. The US dollar index is bouncing within its still questionable state below the daily SMA…
Gold ratios to cyclical markets are rising Using the related ETFs, let's have a look at gold's ratios to other markets. Gold's relative standing within the macro has been impaired…
10yr-2yr yield curve steepener continues after secondary extreme inversion; gold holds steady Many have questioned why the gold price has failed to do the normal thing (decline significantly) in the…
A back and forth email string with a subscriber about war/politics and markets jogged me into a realization. As you may know, over the years I have been cautious about…
With great drama do these things unfold. The gold price (CFDs) is up a whopping 43 in pre-market. It has impaled initial resistance and is testing the down channel and…
A quick daily chart snapshot of gold and silver, along with the Gold/Silver ratio in pre-market (US). Gold (CFDs) is rising toward clear lateral resistance at 1890 to 1900. There…
War, famine, pestilence, terror... none of it is a proper fundamental for gold. Gold is a monetary asset. The dumbest of money fleeing to it because war is in the…
The Gold/Silver ratio reversed from down to up on Friday, a 'tell' of sorts Gold/Silver ratio (in its Brooklyn accent): "Slowly I toin... step by step..." I shorted silver on…
[edit] I just realized that I never made this post private! Oh well. Updating the daily charts of GDX, gold, silver and the US dollar index. Man pulls up charts,…
With inflation fading, the US Federal Reserve continues to the fight against... inflation! The question is 'why?'. Why do Jerome Powell and the Federal Reserve continue to tilt against the…
Gold is not a risk asset, it is an insurance policy, and the gold mining industry will one day leverage that characteristic Just as a standard financial insurance policy is…
Yesterday we reviewed still-cautionary signals. Today, let's check out an important one that may be turning positive for gold. Here is the 10yr-2yr yield curve, still inverted within its flattening…
Lately we have been noting that the fundamentals for gold and especially gold stocks have been bad and getting worse. I am trying to streamline weekly reports and not clutter…