As this screwed up nation inflates its way out of its economic problems (COVID-19 was a trigger, not a cause) amid the realization by more and more people that there's…
Well if this is not a decision point I don't know what is. USD index is making a hammer candle right at the last ditch support line we've been watching.…
The US Dollar index is slipping further below the 200 day average (orange) and associated resistance. The forces of reflation take the upper hand again today as the stock market's…
I get so carried away with indicators and ratios that sometimes I forget to just take a look at the simple stuff. Well, here is some simple stuff. The US…
Slowly the Gold/Silver ratio continues to turn; and step by step, inch by inch... The GSR even has a symmetry thing going on here as the little pullback has formed…
The Gold/Silver ratio has been spiking upward while the US dollar (UUP shown in the bottom panel) has been pulling back. In that respect this week's proceedings are different than…
USD is a foil to the macro party. The US Tweeter-in-chief, global stocks (generally speaking), commodities and resources and during this holiday muted trading season, so too it seems the…
The president announced he is imposing tariffs on currency manipulators (which is a way of saying all nations with paper currency) and talked the USD down earlier, with FOMC due…
As the US dollar pulls back, it is interesting that gold is flat and Treasury bonds are also pulling back. These are the forces of risk 'off' liquidity. Risk is…
Gold is the leader. The playbook calls for it to bottom amid deflationary pressure and lead everything else up into the next inflation. Gold>Silver>Miners>Commodities>Stocks... or something along those lines. The…
Well, the USD bull fund UUP at least, is breaking out of a bull flag. The Fed is docile, the 2yr yield is trending down and long-term yields are dropping…
So from the previous big picture post (public) let's dial in now to a little daily (live) picture of spot gold's pair against the US dollar. XAU/USD broke above the…
Just one look at the daily chart of SPX tells us - in hindsight - that this may have all been about gap acquisition. I was completely right and righteous…
And it's been mad bullish since Q4. Last year we had bearish projections for ACWX down to support, which did not hold, down to the gap fill (which did) and…