Folks, as if it was preordained gold got blown up in pre-US trading this morning as the media are absolutely blaring all kinds of stupid things for lowly gold bugs to endure and for gold bug haters to chest thump about. This is market sentiment and psychology on full display. We are robots, not sentimental humans.
Excerpted from this week's edition of Notes From the Rabbit Hole, NFTRH 352: For what seems like forever we have been mechanical in managing the precious metals because they have…
Could this be the end of the consolidation phase? If so, things are changing on the macro, right here in the dead of summer. The thing bounced back in March…
Folks, it is just one indicator and we should not promote one item as if it has mystical powers above all others (it is part of a concert with its…
Gold vs. Silver is up but still in consolidation longer-term. It must turn down here or there will be concerns for many markets. Which would add to the concerns already…
From the nicely redesigned MacroTrends website, a look at long-term, inflation adjusted gold and silver. FWIW...
A look at a few items in-day, in-week, fwiw... TIP-TLT ratio, indicates that inflation protected have been favored over regular long-term T bonds for all of 2015. This indicates the…
A brief snapshot of counter-cyclical gold's macro signals vs. other metals (and broad commodities) that are more positively correlated to economies, using weekly charts... Each week NFTRH updates many charts…
Roughly 24 hours before the latest great ‘decision’ gets handed down on whether or not the Fed is considering changing ZIRP-eternity any time soon I thought I’d put up a general update of various markets.
It is the same old theme for the S&P 500, with a sideways to up bias on the intermediate and slight downward bias on the short-term. SPX is grinding up and down every couple days and this is a market that people should stand aside from, outside of individual trades and long-term orientations taken for other reasons. This market is and has been going nowhere.
There is short-term and there is long-term. Short-term, an indicator of positive inflationary cyclicality looks set to bounce. Long-term, it is locked well below key resistance. Joining this long-term Gloomy…
A quick add-on to yesterday morning's update. While the US dollar declined and the TIP-TLT ratio, long-term interest rates, commodities and nominal gold and silver all rose along with stocks…
Here is the note from the email to subscribers that accompanied the full report... "I thought is was time to bulk up a bit to a 30+ page report this…
[edit] the post started as a simple thing and ended after getting way too involved. so much the better... An update of the situation on the Banks, the anti-Banks (gold)…
Following is a reprint of the latest free eLetter that you can sign up for as an introduction to Notes From the Rabbit Hole (NFTRH), our more in-depth market management…