The gold price is getting hammered, but its ratios generally are not... And that means something. Using the associated ETFs... Gold price adjusted by the silver price: not hammered. Gold/Silver…
Using GLD and various ETFs, let's update some daily chart gold ratios. Gold/US Stock market is attempting another leg upward. Gold/Global Stocks is on an extended down leg I assume…
[edit] And so a perfectly good topping situation is wrecked. Or is it? Today's chart would show the potential for a reverse Symmetrical Triangle topping/reversal pattern. But it would also…
Where is the risk, in gold or crude oil? The gold price has been deflated by the oil price to an extreme degree since 2020. The trend in the Gold/Oil…
Gold/Oil and Gold/SPX are important for a positive view of gold mining. Gold/Oil is a direct sector fundamental measure of the gold mining product vs. a primary mining cost driver.…
Today the market is supposedly negative due to election uncertainty. But whatever way it goes, the historical post-election data suggest out performance compared to the 2022 run up to the…
A quick update on a couple of important indicators. The Gold/Oil ratio as represented by GLD/USO is bouncing hard today within its downtrend. As the gold mining bull I expect…
Rightly or wrongly, I have been keeping myself from buying Energy stocks over the last several weeks even though XLE is in a pure daily chart uptrend. XLE is as…
As we step toward a counter-cyclical macro, the fundamentals will finally improve for gold mining From a June 19th interview I did with with Jordan Roy Byrne with respect to…
Copper/Gold and Oil/Gold correlated with the 10yr yield From yardeni.com, a visual representation of one implication of the Copper/Gold ratio, which I often make a big deal about. If the…
What is happening to gold lately and today is heartening It's been my favored scenario for becoming a gold stock bull. It goes like this... Inflation touts go over the…
Commodities are starting to crack Disclaimer: commodities are notorious for rotation, as if the hedgies, quants and black boxes are playing Whack-a-Mole, roving the landscape rotating to the next play…
Gold's ratios to cyclical markets continue to pivot Just an updated picture of the macro pivoting toward what will be a positive fundamental backdrop for gold mining. The holdout continues…
Gold vs. risk 'on', cyclical items For you sports fans keeping track at home, here is the current view of gold vs. the (much) more cyclical stuff using GLD and…