Banks are posting a strong quarter The inflation (money printing by the Fed) has brought reflation (economic benefits of said inflation) and none are more targeted for benefit than the…
Stagflation, Coal style My definition of Stagflation is 'inflation that works to impair the economy' (as opposed to appearing as a benefit as it does early on) and the problem…
Part 2 appears to be taking off now after the summer cool down. But part 2 is not going to play out like part 1. It will be more difficult…
Below is an excerpt from an NFTRH report (#676, due out on 10.10) that has not even been written yet, outside of this opening segment that clarifies and makes some…
As a core inflation number comes out today and causes some market hype, as per usual the gold stocks are doing nothing. Considering the state of mining cost drivers like…
More indicators are triggering to the inflation view Giving the finger to the Fed's pretense as inflation fighters (taper: ooh, they must mean it) more market signals are tripping inflationary.…
These pictures paint the taper-talking Fed as behind the curve, literally and figuratively. Yield Curve: steepening Long-term Treasury yields: rising Inflation expectations: rising Broad Commodity complex: rising (mainly driven by…
While including some personal editorial comments about gold and the precious metals sector #674 does all the real work with respect to the whole macro shootin' match. I have a…
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[edit] Upon completing the article I realized that no forward look at the economy and financial markets from an inflationary/deflationary point of view would be complete without consideration of the Yield…
The 10yr Treasury yield appears to be choosing its direction, breaking above the moving averages and hitting a new recovery high on the daily chart. The 30yr yield is lagging,…
The Copper/Gold ratio remains at a key decision point Gold has been clobbered lately but a key metallic macro indicator remains in a long-term congestion zone. If it's going to…
CPI comes in cooler, market cheers... So CPI is cool enough to settle the nerves of Fed-obsessed casino patrons and machines alike. Consumer prices post smaller than expected increase in…
[edit] Of course, every big buy in gold is a "whale purchase" or some other legit sounding thing while every big dump is a "paper sale!" to manipulate the price…
PPI +8.3% from August 2020 Producer inflation accelerated in August... So the dominant trend (in place over decades) is for declining Treasury yields with the implication of structural deflation. I…