The nominal gold price is positive this morning and still trapped below initial resistance. The silver price has retaken and thus far held the daily SMA 50. The copper price…
It appears another FOMC was used as a reason to bull the markets (on hopes about a softening Fed) and then drop the markets (on dashed hopes). Gotta love those…
The gold price is up this morning as FOMC prepares to deliver its latest rate hike as it fights the last war. Below are the daily technicals, to be considered…
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Gold (daily) has barely bounced (although gold stocks have been trending up vs. gold for nearly 2 months now) and is trending down and locked below resistance. The weekly chart…
Gold's ratios to stocks, copper and silver (daily charts)... "It's a process" he parroted for months on end. Gold/ES continues its recovery and bodes well for the counter-cyclical view from…
Gold (daily chart) halted right where it was logical to halt, at the SMA 50. Now it needs to hold the EMA 20 (1698) and the associated support, which goes…
Silver apparently thinks that it can get the shorts covering ala #silversqueeze. And I am sure a lot of them are running for cover. The important point here is that…
USD is the anti-market, which has been hammering asset markets with its liquidity bid. The confirming indicator over the last several months as been the Gold/Silver ratio, which has established…
Excerpted from the October 2 edition of Notes From the Rabbit Hole, NFTRH 725: Gold & Silver Gold and silver (monthly chart) continue in the cyclical bear that started in…
Today could be the start of a contrary relief bounce in a wide range of markets, including precious metals. I had thought that FOMC might bring something like that as…
WIN "Whip inflation now"... That was the saying in the 1970s. Paul Volcker's Fed then locked itself in a death struggle with inflation by raising interest rates as high as…
The inflation hysteria - despite the actual mechanics of inflation, like True Money Supply and Fed policy that bloated it - are in the rear view mirror. What is so…
We looked at the long-term support for silver in this morning's update. We also reviewed its still intact leadership to gold. Daily silver is hanging tough at the SMA 50…