A snapshot of this morning's silver price futures. The 18.90 area has been tested as resistance 4 times previously. The old saying in TA is that the more times resistance…
A subscriber asks for my thoughts on the silver/gold ratio, so why not expand the update to include gold and HUI as well? The subscriber also asked about my thoughts…
In alignment with the still rallying but not yet confirmed macro state of the cyclical inflation/reflation-sensitive copper and other commodities, the indicator that would travel with such conditions is still…
We've covered the status of Amigo #1, Gold: It broke upward from the post-March consolidation. We've covered the status of Amigo #3, Copper: Still rallying within a larger downtrend. Here's…
FYI on seasonal averages, which can deviate from the average in any given year. But just for your reference as we continue managing the correction. Based on the average since…
With Jerome Powell doing this... And with Trump pondering another cool $Trillion (on infrastructure spending) on top of the off the charts monetary and fiscal stimulus that can only happen…
Gold: counter-cyclical, risk 'off' qualities, defensive w/ some inflation sensitivity. Silver: cross dresses between counter-cyclical and cyclical, more offensive within the PMs, inflation sensitive. Copper: cyclical and sensitive to cyclical…
Gold is still wearing its happy face (that content looking pattern) :-) as it maintains the SMA 50 and support and thus continues to target 1940. Trends are and have…
As usual, the counter-cyclical Amigo, the swinger Amigo and the cyclical Amigo tell their macro stories. Gold (counter-cyclical), which would benefit from a risk 'off' lurch by casino patrons, has…
The CDNX/TSX ratio was first and the Silver/Gold ratio was second. Today CDNX/TSX ratio is getting clobbered. A reaction always was going to come about, but this is a severe…
Per a subscriber's request, let's take a look at the silver futures as it stands at 11:25 US ET. The silver price stopped right at the resistance level we've been…
A pre-market snapshot using daily charts of key items. Gold continues to dwell in a longer-term resistance zone after holding support yet again. Trends are up and the pattern targets…
The Silver/Gold ratio is still ramming upward along with its reflationary companion the CDNX/TSX ratio. We noted the near-term bullishness and the cautions therein in updates last week and in…
While many signals are up in the air, a couple of them that we have shown to be early indicators of inflation and associated trades continue to plow upward. The…