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…
Various 'war trades' spiked and some are reversing in pre-market. Palladium and gold did the spike and reversal while nickel is doing what wheat did last week, limiting up. From…
With the understanding that the precious metals are still trending down by daily charts and the broader markets are still trending up, here's a dialed-in look at some day trader…
With all due caveats about seasonal averages (these cover 30 years) and the variations from them in any given year, below are the facts of what these commodities have done,…
Gold miners (HUI) are out of whack with the Gold/Oil ratio (GOR) and the Gold/SPX ratio This isn't to say that the would-be bounce (HUI is postured in a small…