Yet Another Case for the Long Bond
In this post Steve Saville shows the long-term correlation between the 30yr bond and the Gold/Commodities ratio. Revisiting the Age-Old Relationship Between Interest Rates and Prices Almost as if Steve's ears…
In this post Steve Saville shows the long-term correlation between the 30yr bond and the Gold/Commodities ratio. Revisiting the Age-Old Relationship Between Interest Rates and Prices Almost as if Steve's ears…
We began the Amigos theme last year in order to be guided by the goofy riders during the ending stages of a cyclical, risk-on phase that was not going to…
Curiously, in a rising long-term interest rate environment... The Banks are still dropping. The Banks are still dropping harder than the S&P 500 (SPY). Despite the yield curve, which is…
K.N.E.E. J.E.R.K.s That is what I called the big pile-in to gold in 2011 as the refugees of the Euro crisis gave gold its final push to a top. They…
Okay, so the stock market cracked. We will look at daily charts of SPX, INDU, NDX and SOX to update the status and see what might be directly ahead. Of…
With interest rates making big headlines so too will dollar-bullish headlines come about. Any short-term weakness in the gold sector would theoretically be the 'anti-USD' gold bulls selling out. That…
It has been a long while since the last Amigos update because frankly if the characters, images and shticks I invent to portray market status begin to wear on me…
With a full slate of broad market 'internals' indicators and gold stock charting in NFTRH 519, there was no time left for a gold sector fundamentals view (except for one…
In honor of the men staring at silver's daily chart, let's highlight NFTRH 518's Precious Metals segment this morning. We have 60% of the new trading week in the books…
A rising Silver/Gold ratio (SGR) would be positive for the global equity 'anti-USD'/inflation trades, including several US sectors, commodities and the precious metals. For the first time in over a…
[edit] With the intensity of this week's move I've already taken a couple quick profits in items that could be considered part of the 'anti-USD' trade. The most recent leg…
You may know me as the guy using weird planetary alignments while assigning proper fundamentals to the gold sector, and recently even doing the same with a somewhat subjective and…
Technical We have gone on about the bad fundamentals for too long now. With the sector washing out it would be best for a buyer to see the US stock…
The 'Gold as Inflation Hedge' Canard On the one hand you have the sons of Harvey & Erb, who called gold to $800/oz. and caused a stir in the gold…