The Gold/Copper ratio did not break down
The Gold/Copper ratio is intact and indicating risk for the cyclical global macro We projected a rally to run from Q4, 2022 to or through Q1, 2023. It is technically…
The Gold/Copper ratio is intact and indicating risk for the cyclical global macro We projected a rally to run from Q4, 2022 to or through Q1, 2023. It is technically…
Gold and silver have dropped to viable support levels Gold has barely touched the top side of the 1780 to 1810 zone before bouncing a bit. While this is viable…
As a macro economic indicator, the Cu/Au ratio (CGR) is attempting to bust bullish. But with other cyclical items like Palladium, Oil, Lumber, etc. in the dumps it's a story…
Gold is cracking the daily SMA 50 today and thus is loading the target from 1810 area support to the SMA 200 (1783). The US dollar is taking out its…
As the gold stock correction continues, HUI's ratios to the gold price and S&P 500 do not yet indicate an end to the process The gold stock correction is thus…
Gold ratios to cyclical assets have weakened during an interim Goldilocks phase It's just the way it is at the moment as gold's ratios to cyclical assets show an at…
The sector is pulling back from the overbought risk area, as anticipated for a healthy gold stock correction Let’s take a look at a rarity for me; a public article…
Pre-market snapshots... Gold is holding support #1 in what could be a bear flag with fading volume. It did, however, hold a valid support area. I'd still ultimately think about…
Please, if updates like these make your head spin, consider taking them with a grain of salt or putting them in the 'low priority' file. We are simply managing the…
The gold price is getting hammered, but its ratios generally are not... And that means something. Using the associated ETFs... Gold price adjusted by the silver price: not hammered. Gold/Silver…
Gold is cracking below 1920 (currently futures are 1901). Silver is cracking out of consolidation below key resistance and also poking through the daily SMA 50 (currently futures are 22.95).…
In that they are rallying with the broad global macro, gold and silver - along with the miners - are still nothing special. I expect them to be special in…
Here is a snapshot of what gold and silver are doing pre-US open. Also, pardon me while I experiment with a new post editor (actually, it's not new but I've…
With reference to previous updates on GDX and Gold and Silver, let's bring things up to the moment. Gold (futures) is breaking through the 1920 area resistance this morning. It…