More Treasury Bonds Selling Ahead? Watch the Japanese Yen!
The U.S. treasury bond market is one of largest and most important in the world. And with interest rates becoming a daily topic of conversation with investors, it’s a must-watch now. And even more interesting is that treasury bonds fell (and interest rates rose)...
Gold Bugs Index Testing Long-Term Breakout Level!
The precious metals rally appears to have reached an important juncture. Yesterday I wrote about Silver and a potential inflection point. Today, we turn to the gold miners and the all-important Gold Bugs Index (HUI). Above is a “monthly” chart of HUI. Here we can see...
Silver Prices Facing Major Inflection Point!!!
Precious metals have been red hot in 2024, with gold and silver rallying sharply and out-performing most assets. I have written several bullish articles about precious metals over the past few years. And while I remain bullish longer term, I am in a wait-and-see mode...
Pattern Suggests Silver Could Nearly Double Following A Breakout, Says Joe Friday
Precious metals have been big winners in 2024. While Gold may get all the headlines, Silver has performed pretty well too. And things may turn even more bullish if the Silver can breakout above important price resistance! Today we look at a long-term “monthly” chart...
Gold Attempting Breakout Within 50-Year Rising Channel
The past 50 years have seen gold prices trading up and down but within a rising trend channel. Several things impact the price of gold, including the US Dollar, economy, war, uncertainty, etc. Our current environment is filled with concerns about all of the above. And...
Bank Stocks Will Be In Big Trouble If Support Breaks, Says Joe Friday!
It’s September and the stock market is trading just below all-time highs. BUT, volatility has crept into the equity markets. Uncertain economic data, questions about the Federal Reserve’s next move, domestic politics, and wars abroad are consuming investors. SO, it is...
Copper Facing Historic Price Decline If Support Fails!
Copper prices have continued to fall and this decline seems to be in alignment with potentials talks of Federal Reserve interest rate cuts. When Doc Copper turns south, it’s worth taking note. Earlier this summer, we wrote the bearish price reversal in copper and what...
Tech Investor Warning? Nasdaq Duplicates Historic Bearish Pattern!
The stock market is still trading near all-time highs. However, it’s been trading with high price volatility for several weeks. War abroad, geopolitical and domestic politics, and of course the Federal Reserve and interest rates… taken together, this is causing the...
Gold / US Dollar Price Ratio Making Historic Move!
The price of Gold has been moving steadily higher over the past year, making new all-time highs. It’s currently trading over $2500! And we have been forecasting and discussing this for the past two years. Read more here. Today, we look at an important Gold price ratio...
Japanese Yen Sizzles and Fizzles: Watch the August Close Says Joe Friday
We discussed the prospect for a low on the Japanese Yen currency several weeks ago. Here is the link to that article. And you can see the original chart below. “The facts, Ma’am. Just the facts.” – Joe Friday The Japanese Yen did rally off important price support and...
