Gold/Silver spread is still strong with a Gold/Silver ratio around 83, indicating strong bias to gold. With incoming panic in the markets, debasement of the dollar, or both, we can expect the bullish move in gold and silver to continue in the long-term despite all attempts at suppression within the futures exchange. Silver has some serious catching up to do post...
For those who have been following our previous idea (see related posts) you will already know we have been tracking this leg to the upside since 1200. We are finally starting to run out of steam for this initial leg and it is time to start looking for positions on the retrace. => Inflation will begin to return in parts of the world later in the year (homemade)...
Trade coming 4 hours late it is based on the lower than expected inflation data that came today, as Norway seems to be dragged by Europe. This will lower expectations of interest rate hike in Norway, some of which had been priced in NOK. That pricing is going for some loss. Remember that this is a late trade, SL is poisitioned below February month's low (and...
Oil and DXY got in line in last several weeks. Inflation expectations are still high despite some decline lately. Slow Stochastic is oversold, so it may bounce a little here but it should keep declining unless oil and USD move significantly.
All long-looking indicators point to silver being undervalued vs gold . Top chart shows silver candlesticks vs gold red line as percentage returns since 2006 in the case of these investment trusts. Middle indicator is the Trader's Dynamic Index ( TDI ) which holds a combination of moving average, volatility and momentum trends. Bottom indicator is the infamous...
Inverse H&S Pattern complete on USO, I believe this will be catalyst for rising oil prices, of course their are many more. 1. Falling DXY- The US dollar has just started a downtrend that I believe will be a trend for not just months, but years. Fed Chair Jerome Powell just put interest rates on hold until further notice. On top of that, the unwinding of bonds...
In this update I take a look at the yellow precious metal Gold. Both the technical and global macro picture are setting up for a perfect environment for gold to rally.
Here is a scary thought for the average Mexican. With the leftist inclination of Mexican President Andres Manuel Lopez Obrador (AMLO), Mexico could near an inflation streak for the following months or years to come. Uncertainty has risen in Mexico about whether AMLO's leftist policies will mean the printing of money to pay for public services and goods or weather...
From investopedia: "Generally speaking, inflation occurs if M2 money supply expands faster than the rate of productive growth in the overall economy" what I'm looking at here is a classical charting pattern painted by the QuantRsi: Applied to the Monthly M2 chart. Looking at the indicator as well as the fibs (log scale chart, correct fib tool used to prevent...
Against the short position: - one big drag is Brent crude falling, probably further Pro: -NOK seasonality, year starts with NOK inflows usually -Inflation above market expectations, and current Norges Bank interest rate ->tighter monetary conditions expected
The follow excerpts are from this week's Parallax note. For more information, please see bio. "Combining market volatility, tightening financial conditions and pressure from President Trump, Fed Chair Jerome Powell will have his work cut out for him." "It is imperative that it's understood that while dovish policy will initially hit the dollar negatively,...
Last bottom of Bitcoin was 1.5 years before "Halvening". We are now exactly 1.5 years before halvening. Perhaps we have already hit bottom.
By Andria Pichidi - November 21, 2018 Japanese inflation data will be out earlier than expected, on Thursday, as Japan is closed on Friday for Labor Thanksgiving Day. The National October CPI is forecast at 1.3% y/y from 1.2% overall, and steady at 1.0% on a core basis. Although the annual inflation has been improving since May, it remains well short of the...
Not looking so good for btc... I guess that's what happens when 80% of the supply is in control of 0.1% of the population... Creates an on-boarding bottleneck which mess with price stability.. The block-halving mechanism used for the inflation model and ultimately the building blocks of crypto's incentive model, is flawed. Coins need to use a sigmoid function...
A potential short trade is busy setting up for this coming week starting on 12 November 2018. FUNDAMENTAL Fundamentals will probably support a weaker GBP. Economic red news releases include GBP: cpi, retail sales and inflation reporting. Should all of or most of these news items be negative for the GBP, a definite GBP weakness will be experienced. Note: no...
Based on my analysis I see commodities markets offering investors above average returns heading into the next decade. During the expansion of our economy from 2008, prices in the commodity market have been fairly low and producing dismal returns. This is ranging from several factors such as energy prices falling, subsidized farming, the price of precious metals...
PPG Industries Warns of Intensifying Inflation Pressures and Weakening Demand October 8, 2018 by Dr. Duru ““As we look ahead, we currently do not anticipate any relief from inflationary cost pressures in the third quarter. We expect aggregate global economic growth to remain positive with end-use market activity comparable to the second quarter, adjusted for...
The Age of deleveraging has come to an end. It is again inflation time now. USDollar uptrend has ended on 18th of March 2015, so does the deflation cycle in the world economy. I adjust my prognosis bases on the latest data in google trends about lower high in the word "deflation", "Dollar collapse" fears turning back on track and rising of yields on government...