Silver/Gold Ratio Making A Bullish Reversal?
Silver (NYSEARCA: SLV) is an important cog in the precious metals world. Not only is it a core precious metal but it is often a leading indicator for metals bulls. Silver is a good risk-on / risk-off indicator. When it is out-performing Gold, it is risk-on. When it is...
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Gold Rally Reaches Crossroads, May Need A Recharge
Gold bulls spend much of early 2019 waiting for a catalyst to fuel another rally leg. They wouldn’t have to wait long… A stealth shift in talking points and monetary policy from the Federal Reserve brought a very dovish tone. And this sent interest rates lower, along...
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Interest Rates Hitting Short-Term Lows/Bonds Peaking?
Will the Fed lower interest rates today? They could if they follow the yield on the 10-year note over the past 32-weeks! This chart reflects that the yield on the 10-year note (TNX) has declined 31% in the past 32-weeks. This decline has yields testing 2017 lows while...
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Gold Miners (GDX) About To Cut Loose To The Upside?
Are Gold Miners about to "Cut Loose" to the upside? A key breakout test is in play, that will go a long way in determining this important question. This chart looks at Gold Miners ETF (GDX) on a weekly basis the past few years. GDX peaked three different times in 2016...
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Bitcoin Creates Monster Bearish Reversal Pattern
The chart looks at Bitcoin on a weekly basis over the past 6-years. The long-term trend remains up, as it continues to create higher lows inside of rising channel (1. This pattern has been taking place since the 2013 lows. We applied Fibonacci retracement levels to...
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Gold Peaking As This Indicator Hits 8-year Resistance?
The Gold rally in June was very impressive. Is the bear market in Gold over? Many are of the opinion a major breakout in Gold has taken place. What this indicator does at current levels could go a long way to seeing if the rally in June will continue into July! The...
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Investment Grade Bonds Could Be Peaking, Says Joe Friday
Are investment grade bonds peaking? Some conditions suggest its possible, says Joe Friday! This chart looks at Investment Grade Bond ETF (LQD) over the past 10-years. LQD has moved sharply higher since the lows in December of 2018. The rally has LQD testing its 2015...
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Metals Bulls Need This Indicator To Turn Up, To Confirm Recent Gold Rally
This chart looks at the Silver/Gold ratio over the past 25-years. Historically bullish investors in Gold & Silver receive a positive message when this ratio is heading higher. When the ratio is heading lower, historically rallies in Gold often times have been...
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Metals Bulls Praying This Indicator Does Not Peak Here!
Gold has been strong of late as the US Dollar has been weak. This combo has driven the Gold/Dollar ratio to a key price zone and momentum level, that looks to be important to metals bulls. This chart looks at the Gold/Dollar ratio over the past 6-years. The long-term...
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Wilshire 5000 Creating A Triple Top? An Important Breakout Test Is In Play!
The stock market has been on fire of late, rallying up to the edge of price resistance on several indexes. Today, we look at one of those stock market indexes: the Wilshire 5000. The Wilshire 5000 tracks all of the stocks in the US market, so it is a broad-based index...
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