2 Riders, 1 Multi-Market Correction…

...as it should be, folks. Textbook. The Gold/Silver ratio and US dollar, the 2 Riders of Apocalypse, are bringing a (thus far minor) day of judgement to the sinful and…

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A Perfect Headline if You’re a Gold Bug

And yeah, I am a gold bug. I am a gold bug who's been long the US dollar by the proxy of a leveraged Euro short. Now the MSfM is…

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Gold/Silver Ratio: Slowly I Toined… [w/ edit]

Toined the macro, that is (in Moe's Brooklyn accent). Step by step... A rising Gold/Silver ratio preceded the March disaster, made an ill-fated bounce pattern in May-June and then got…

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Uncle Buck is Pissed

Tramped out by Trump/Kudlow/Manooch and of course the worst long-term offenders, the Federal Reserve, Uncle Buck has a right to be irritable if not outright enraged. The cheap parlor trick…

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Jobs +1.4 Million

The predictable snap-back in employment continued in August with 1.4 Million jobs brought back on line and unemployment falling to 8.4%. Click below for the detailed report from BLS. Unemployment…

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USD Bounce Prospects

The US dollar is still postured to potentially bounce in line with its massively over bearish sentiment profile led by some usual suspects on Twitter and in the gold "community"…

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US Dollar: Hold the Bananas!

Hold up. Nothing goes straight down forever. America, under the guidance of Donald Trump is actively seeking out its bananahood, but the technical and sentiment situation has become extreme. I…

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America is Great Again

Just don't look behind the curtain at the little man pulling monetary levers who just happens to be conspiring meeting again this week with his fellows and lady fellows. It's…

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USD Ticks a New Low

So much for "great again" America. If Trump manages to somehow get reelected and he opens his pie hole about the economy you will know to filter that garbage out.…

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Uncle Buck’s Death Cross

Note: Posting will be light over the next couple of days as I hit the road. Here is the US dollar index as of a few minutes ago. This week…

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Uncle Buck Testing Support Again

The US Dollar index bounced and flopped below resistance and is now testing not so compelling support again. The March low was a negative place holder and policymakers presumably want…

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Uncle Buck is Bouncing But Not Bullish

US dollar index daily and monthly charts DXY continues to bounce but cannot be called bullish because... It marked a lower low to June 2019 in March. It has thick…

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