Well, a little patience goes a long way. I declared my wrongness for all to see because I like to do that. It reassures me
Tag: USD
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
3rd Amigo (Copper) Aims for its Bull Market Pivot
The Doctor called and he has good news for reflation-minded casino patrons. The important $3/lb. level has been taken out (daily chart) by this asset
NFTRH+; US Dollar
Well, at least my Euro short (EUO) did well today. It will basically follow the chart of DXY below. I have been adding to the
Historic Commercial Net Short Euro Positioning
Per Sentimentrader, here’s the epic CoT alignment in Euros showing Commercial Hedgers burrowing southward in their net short positions. I patiently remain short the Euro
Uncle Buck Waking Up?
It’s been a long dirt nap for ole’ Uncle Buck. Down, down and down some more as the reflationary world has partied on with Wayne
NFTRH; Gold/Silver Ratio, Copper & USD
And here comes the volatility as gold firms and has likely made a bottom vs. silver. In NFTRH 613 we showed the Silver/Gold ratio at
NFTRH+; Targets Solidly Registered… Thoughts on What Now
Not only have gold and silver touched the target zones, they’ve smashed into and exceeded them. Gold hit 1974 (target: 1940) and silver hit 26.27
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
NFTRH+; Silver/Gold Ratio
The previous public post gave reasons for caution on silver. This update gives a reason for caution (and profit taking where desired) on silver, miners
The Foil to the Chicanery Twitches
Uncle Buck twitches and the reflation trades flop. Let’s go Trump, time to start brow beating the inflator-in-Chief at the Fed again. Take to your
Uncle Buck is Not Impressed
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
NFTRH+; USD
Picture = many words. The US dollar index lost the SMA 200 and support at 98.30, dropped to and through the next support level at
NFTRH; Daily Futures Charts of Gold, Silver, Copper & USD
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