NFTRH+; Status of silver, gold, SGR & USD
Silver apparently thinks that it can get the shorts covering ala #silversqueeze. And I am sure a lot of them are running for cover. The important point here is that…
Silver apparently thinks that it can get the shorts covering ala #silversqueeze. And I am sure a lot of them are running for cover. The important point here is that…
USD is the anti-market, which has been hammering asset markets with its liquidity bid. The confirming indicator over the last several months as been the Gold/Silver ratio, which has established…
Excerpted from the October 2 edition of Notes From the Rabbit Hole, NFTRH 725: Gold & Silver Gold and silver (monthly chart) continue in the cyclical bear that started in…
As the proper macro fundamentals for gold mining grind into place... The real price of gold, as represented on the chart below by gold in relation to commodities, is constructive…
Our view has been for an interim decline in the market's inflation signaling and that is exactly what is happening, regardless of the tardy, backward-looking Fed still wearing its hawk…
Today could be the start of a contrary relief bounce in a wide range of markets, including precious metals. I had thought that FOMC might bring something like that as…
WIN "Whip inflation now"... That was the saying in the 1970s. Paul Volcker's Fed then locked itself in a death struggle with inflation by raising interest rates as high as…
As we step toward a counter-cyclical macro, the fundamentals will finally improve for gold mining From a June 19th interview I did with with Jordan Roy Byrne with respect to…
The inflation hysteria - despite the actual mechanics of inflation, like True Money Supply and Fed policy that bloated it - are in the rear view mirror. What is so…
Even as silver continues to lead gold, check out gold (GLD) vs. SPX (SPY). The pattern is an inverted H&S, which would be a bullish reversal if it continues to…
Gold is still clinging to the uninspiring support area in the 1670s. As it stands now, the 'handle' consolidation/correction that I'd originally projected in 2020 has long since given way…
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…
What does it mean that gold is tanking to new correction lows while silver remains relatively firm? Gold (daily chart) is on the very cusp of slipping the last ditch…
Of course it's just a man staring at a chart. But he's using visual support and a logical Fibonacci retracement level to gauge a very valid short-term target to likely…