NFTRH 402 Out Now
Last week this site got semi hysterical about inflation because a new signal came about in the relationship of silver to gold. This was added to 'push' inflation that we…
Last week this site got semi hysterical about inflation because a new signal came about in the relationship of silver to gold. This was added to 'push' inflation that we…
The ISM RoB continues on our theme of inflationary growth, as first indicated in the Semiconductor Equipment sector while everyone was freaking out about the backward looking employment situation. Full…
Well, it is a fine pre-holiday Friday and I am hoping that what is going on now marks the start of a phase where I can stop trading so much and do my favorite thing, which is to make like Old Turkey, be right and sit tight.
The Silver-Gold ratio and its implication, inflation, barring an epic reversal of recent events, seem to indicate that will be the case.
SGR daily…

SGR weekly…
I believe that one of these is lying. Either the current move in the Silver-Gold ratio (which we noted during the trading day on Wed.) is false (and with this morning’s pre-market activity, it is being propelled higher) or the US dollar is conspicuous in its post-Brexit strength and due to drop.
I read a lot of crap out there where some guru will put cute tidbits in his writing like 'my subscribers were the first to know about blah blah blah…
Yes, it's another inflation post going up even as inflation expectations are in the dumper and casino patrons just cannot get enough of Treasury and Government bonds yielding 0%, near…
Folks, it may be the simplest update I’ve ever sent. The Silver-Gold ratio is one of our gauges of a would-be inflationary environment to come (beneficial to commodities and other assets as noted so often previously). Today the Silver-Gold ratio is making another move in the positive direction, with a big spike in relative volume by SLV/GLD.
Answer (as given by TIP/TLT): Yes, the Fed stands down; a world full of casino patrons gets hysterical about the impending deflationary collapse! Answer (as given the by the Silver-Gold…
As if I have not pounded the table on the theme enough already, I'll highlight Brad Zigler, who is on the same theme... Inflation's Been a Dud He echoes my…
TLT (long-term T bonds) and TIP-TLT ('inflation expectations gauge) are blowing off. One to the up, the other to the down. When the blow out comes the reversals in the…
This week has been a gamble. If you’re a stock bull you lose, if you’re a gold bull, you win. This morning’s reaction to Britain’s exit from the EU is pure casino stuff, practically speaking as an investor in the very short-term.
From Tuesday’s update (with an updated chart of the VIX)…
This week with the 400th edition we take a little stroll down memory lane, from NFTRH's humble beginnings on 9/28/08 to today. Below is our nice little story but what…
I want to balance out all of the deflationary hysteria and Treasury bond market (risk 'off) bullishness out there. Yeah yeah, BREXIT this, NIRP that, Payrolls the other thing... If…
[edit] Subsequent to this post the precious metals and US dollar have reversed their upside. This is not at all inconsistent with the article's premise of a coming inflationary phase,…