I love the chart below, and others like it. They force me to think outside of the... ...and consider reasons for what I see. The reason gold is confounding to…
"You know what" = the vast reflated anti-USD macro As DXY retreats in pre-market (along with short-term overdone 10yr & 30yr yields)... ...it is little surprise that markets tethered to…
Considering that everything but gold is in positive alignment with the inverse of the US dollar I'd say that if USD is not THE most important signpost to the current…
DXY held the 50 day average and is bouncing from it this morning. The yellow box had identified a bounce pattern similar to the previous one from last summer. The…
As you know, our ultimate target for the 30yr yield is around 2.5%, at which point we'll come to a major macro decision point between failure and deflationary liquidation or…
The monthly chart of the silver price shows a break through the long-term resistance zone and a tick to an 8 year high. Suspect underpinning though it may seemingly* have…
As harped upon for the better part of a year now, it's all about the US dollar with USD being the anti-market to most cyclical and 'risk on' markets being…
The lynchpin to the global speculation orgy has merely bounced to its down trending SMA 50, but that has been enough to pressure global markets far and wide. As yet,…
It's pretty interesting how the November disconnect by gold and silver from the global anti-USD trade turned out to simply be a correction of the previous excess. Very clearly the…
A look at this morning's futures with brief thoughts on each. The US dollar index is down again, to 89.38 with the next support target at 88 +/-. That is…
Short-term headwind against silver courtesy of SeekingAlpha Note that this article was written before silver recently slid back below its daily SMA 50. See Silver is Back Did it ever…
Don't obsess on the US dollar dear bugs. That is easy analysis that leads to poor outcomes at key junctures. In this case it would theoretically mean that an anti-USD,…
MarketWatch used to pick up my posts on rare occasion but has not done so for a long time. Maybe they think I make fun of some of their articles…
We have shown how the US stock market and the inverse of the US currency are not so strange bedfellows. But there is one former bedfellow who is now strange…