I think we have an interesting setup in gold and silver here. Back in May, after a 2-month decline, gold pulled a fast one on the bears and surged higher […]
Category: Charts
Commodities May Be Bottoming
There’s been a dramatic collapse in commodities since the April/May timeframe. The grains have gotten absolutely crushed. Corn, wheat, and soybeans all were looking promising earlier in the year and […]
U.S. Dollar Due For A Rest
The strong rally in the U.S. dollar has pushed most major foreign currencies back into a Stage 4 decline, as well as most commodities and gold and silver. Gold mining […]
Gold Stocks Are Either Delusional Or Correct
As gold and silver keep crashing into oblivion, you have to wonder what had gotten into the gold stocks for 9 months so far this year. See the HUI to […]
S&P 500 Distribution Days Pile Up And Apple Flops
Four out of six trading days in September for the S&P 500 have been high volume, distribution days. Furthermore the appearance of multiple doji candlesticks might be signalling that the […]
Chaos In The Currency Markets
The current story in the markets is the massive run higher in the U.S. dollar. What’s interesting though is this dollar run is almost entirely due to the weak Euro […]