30yr Treasury yield and markets/internals tied to it What markets and market internals are dependent upon an inflationary rise in long-term yields? Anyone? Beuller? For "best of breed" top down…
Gold is now bouncing vs. most risk 'on', inflation-sensitive and/or cyclical markets/assets Since first noting the very spark of an initial hint in NFTRH 653 and then again in this…
Global market stress this morning I was going to talk about the ongoing VIX divergence and loss of momentum in SPX, regardless of how the market looked this morning. That…
Daily and in-day pictures of the gold price The daily chart looks like a normal day in gold. The rally has now come to the target established in March. Simple…
Much like HUI has hit target (305-307) so has gold, having arrived at near the channel top and 200 day moving average. It's clear that this is a potential limit…
The Gold/SPX ratio continues its way upward, after breaking above the SMA 50. Here's the larger view for more perspective. As yet, considering all that resistance traffic above it is…
Since NFTRH 653 we have been managing the most subtle of bearish hints in the SPX/Gold ratio. Today the hint is a little more pronounced. Flipping the SPX/Gold ratio over…
It was just an inkling, the little double top in the SPX/Gold ratio referred to several times in NFTRH 653. Flipping it over, we find the Gold/SPX ratio furthering its…
Commodity bulls are running rampant. It's "inflation all the way, Baby!" and everybody knows this. There are jingles and promotions aplenty out there, of everything from the latest alt. coin…
NFTRH 653 included a few references to a tiny little hint about the SPX/Gold ratio and a would-be double top. Today's trading made the tiny signal a little less tiny.…
Over the short to intermediate-term there are better inflation hedges than gold But then, you knew that already. And as for the miners that leverage gold's standing? These are poor…
The title is a trick question. Gold is always useful, even when its heavy ass is going down in price or going down in relation to economically correlated assets like…
The indication from the metals is cyclical, pro-reflation and inflationary You cannot look at this chart and claim that the backdrop is not still firmly cyclical as the reflation created…
Gold is not for inflation, but for what comes after the 'good' inflation runs its course It has been one big trade on inflation. Notice how SPX, DJW and copper…