Gold Sector We covered HUI's status in yesterday afternoon's update. The sector usually ends corrections (it has been in one long, corrective consolidation since 2016) with a shakeout, and these…
Posted over at Gold-Eagle... Inflation is Not the Best Backdrop for a Gold Sector 'Buy' "I realize that gold’s link with inflation is rooted in the mass psyche and it…
I try to have a lot of different ways of looking at the macro backdrop because if enough of them imply the same thing then a strong probabilities-based thesis can…
All according to plan, I might add. Well, the "sending markets tumbling" part is its own animal. But as far as inflation fears and Treasury bond yields go, we're on…
Too many gold bugs are either still pimping the 'inflation trade' or digitally pleasuring other gold bugs with predictions based on inflation. From my favorite example of this behavior just…
Far be it from me to interrupt a good party, as instigated by our fine fiscal policy making reflationists and the currency and bond manipulating weasel at Treasury, but Uncle…
As symbolized by the 3 Amigos, the macro backdrop is riding on to its destiny. That forward destiny is a top in stocks vs. gold (Amigo 1), a rise in…
Our theme is that Trump and the Republicans took over with fiscally driven inflation policy from Obama and the Fed's monetarily driven inflation policy. Within this, the Fed makes its…
The inflationary theme for the first half of 2018 is getting off to a good start. Well, it has actually been going for a while now, but Day 1, 2018…
The beauty of my alternate website is that it is just that, an alternate website where as much or as little can be posted as I want, without ads or…
While 10 and 30 year yields are down a bit this morning, the move this week is a step in the direction of the favored view, which has been for…
Last summer I could do no wrong. Everything was working and making sense. Then about the time that the 10yr yield began the post-September jigsaw consolidation I turned into a…
Out of the three, stocks vs. gold, nominal long-term yields and the yield curve, it has been the nominal yields Amigo that has been the most questionable; what with there…
As I've been noting again, again, again, again, and again the macro backdrop is marching toward changes. I'd originally thought those changes would come about within the Q4 window and…