Gold very simply refuses to get a trend going from its high risk state by CoT sentiment. Also, open interest is higher than it’s been
First off, if I am a precious metals bear I am just a bit taken aback that my post about the short-term bear flags in
It’s all according to the favored view of an ongoing grind of a correction, thus far expressed more in time than in price (although gold
With the recent price slams in both gold and silver you just knew that the large specs were puking ’em up and the commercial traders
Time again for what I think are among the most interesting – and analytically valuable – views beneath the market’s surface. Gold/SPX ratio is trending
A fairly well known man who stares at charts (and usually predicts macro doom) in the gold “community” has suddenly seen positives going on in
This morning in pre-market the Amigos’ futures charts update the macro story… …which goes something like this… Copper, the cyclical Amigo (weekly chart) has furthered
With all due caveat about the long-term chart and its still-intact downtrend, we note that the daily Silver/Gold Ratio is intact to its intermediate uptrend.
Daily Silver/Gold ratio (SLV/GLD) continues to cling to the story of a coming inflation situation as it also clings to the up-turned 50 day average.
They call copper the metal with the Ph.D. in Economics. But these days Doctor Copper is little more than a quack in that regard, taking
The cyclical Amigo, the counter-cyclical Amigo and the cross dresser Amigo. A weekly chart works best to make the point that copper is still struggling