Back to the normal format after getting some important details and distinctions worked out in last week's more talkative edition. NFTRH 711, out now. For "best of breed" top down…
Doctor Copper's scrip: "The economy is starting to gear down due to the reduction of the very cyclical inflationary forces that had stimulated the patient previously. If you feel a…
The real, or inflation indexed yield on the 5yr is spiking In Saturday's interview Jordan asked me a question about real yields and gold. Specifically, why is gold so relatively…
Do not be these two things simultaneously; cyclical inflationist and fundamental gold mining bull Whereby I turn my word salad loose upon the world. After an opening with too many…
It talks a lot... For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and…
As they leverage the macro, what's good for gold is even better for gold miners After last week's article, in which we noted a unique move on 'CPI Friday' as…
Copper price (futures) clings to intact status Doctor Copper obviously failed again after a brief head fake above the moving averages. Doc is the cyclical economic metal. It clings to…
Of course they are re-testing during FOMC week. We had been looking for a short-term re-test of the May lows in the metals and miners and on Friday the miners…
I believe the macro is swinging to be positive for gold because things are falling apart left and right as the Fed is compelled by market forces to do what…
A brief look at currencies Excerpted from the June 12 edition of Notes From the Rabbit Hole: Currencies All hail Uncle Buck! Especially those who’ve been guiding their herds against…
And it's a good one. For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates…
Another hot CPI fails to suppress gold With FOMC on tap with an upcoming .5% rate hike, gold got hammered and bounced back with a vengeance on 'CPI' Friday. The…
Gold is regaining its composure vs. cyclical markets It's a process, folks. An extended and annoying process. Our brains fire off in real time but the markets move over time…
Gold/Silver ratio (and USD) would attend global liquidity stress I know. I know. It's a mutant inflation and all, with global war and politics driving the bus now, and the…