Commodity currencies must stand and deliver, or break down

CAD and AUD are each at important support vs. the US dollar index There are just too many important support touch points on CAD/USD for this not to be a key support area right here. The same holds true for AUD/USD. These two commodity currencies have been joining fellow inflation-divergent items like the Gold/Copper ratio, Gold/Silver ratio, TSX-V/TSX ratio and the firm state of the … Continue reading Commodity currencies must stand and deliver, or break down

Bitcoin: Acting like the speculation it is

As USD and Gold rise, Bitcoin acts like the speculation that it is The US dollar is roofing… Gold is also getting the global liquidity bid. And then there is BTCUSD, acting like a speculation along with all the other speculations the world over. Where’s Tom Brady and what’s her name, the hotel heiress come crypto big mouth when you need them? For “best of … Continue reading Bitcoin: Acting like the speculation it is

NFTRH 694, out now

Actually, it was out much earlier but I am just getting to the promo post now. And there’s not much promo going on because promo would do this report a disservice. All it did was what it was supposed to do and I am satisfied that we are right on top of the markets from a ‘top down’ perspective. Plenty of time to promo (well, … Continue reading NFTRH 694, out now

NFTRH+; USD

A quick update on the counter-party to the risk ‘on’, inflated markets. The US dollar is aloft along with the Gold/Silver ratio, which is dis-inflationary signaling and also potentially risk ‘off’ signaling. The issue being that if risk goes ‘off’ global investment/trading entities seek the liquidity of the senior (reserve) currency. USD (DXY) is just below the 50 day average, which is turning into a … Continue reading NFTRH+; USD

NFTRH 693, out now

The front page screenshot does not tell us much about the report’s contents because I was spent from thinking about details all weekend. But it does have some very helpful content, IMO, at this complicated market juncture. NFTRH 693, out now. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market … Continue reading NFTRH 693, out now

NFTRH 692, out now

Very helpful as a guide in times of change, sorting through different short and long-term conditions and associated strategies. NFTRH 692, out now. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by PayPal or credit card using a button … Continue reading NFTRH 692, out now

Speaking of Uncle Buck, he has a story to tell

What worked at the beginning of the inflationary phase will probably work in reverse at the end As USD pops today to test the breakdown from the SMA 50… I am by no means calling an end to the inflation trades yet (near/intermediate-term targets are higher), but I am telling you that the reputations being made (or in many cases re-made) among the ‘Commodity Super … Continue reading Speaking of Uncle Buck, he has a story to tell

The Zombie Ship of Theseus

Keith Weiner with a stroll down monetary Memory Lane, to and through Bitcoin Leave it to Keith to get way outside the box when viewing money, (funny) munny, gold and Bitcoin. “The Ship of Theseus is an old philosophical thought experiment. It asks a question about identity. Suppose you replace all of the boards of a ship with new ones—is it still the same ship? … Continue reading The Zombie Ship of Theseus

Uncle Buck continues to rampage

The US dollar (DXY) continues to target 98 In Q1 2021 USD bottomed amid the usual suspects proclaiming “dollar collapse!” and “death of the dollar!” and inflation as far as the eye can see. Zero Hedge led the charge. As the inflation trades labored into the spring USD formed a neckline (black dashed), dropped for an interim (at least) last hurrah by the inflation boosters, … Continue reading Uncle Buck continues to rampage