I've often said in order to better assess the solidity of a gold selloff or rally is to evaluate the performance of other metals, especially silver. I shall not go into the details of examining the...
Here's some big-picture analysis along with unprecedented global macro combinations.2023 is winding down to see a rise in both gold and SPX with a decline in the US Dollar Index (DXY). Such a...
Excuse me for disturbing your holiday with a random post about cryptos. You should all know by now that Solana has risen an astounding 1033% so far this year surpassing $114. Yes, I know several other...
Gold: With today's plunge in 10-year yields below 4.40%, is this the ultimate green light for gold and silver?? Not so fast.
Here are the 3 key metrics you need: Start watching from 7:40 mins and...
Today's release of the US October CPI consists of 4 main components. Here are the 2 most important parts of the report bond, gold and currency traders will be prioritizing. Start watching from 7:07...
Nasdaq seems on its way to start its seasonal rally. But what if it's a situation of a false trendline break, followed by a right shoulder? We've seen this in late 2021 and September 2023. Could...
Bitcoin/Gold ratio has just hit $18/oz, the highest since May 2022, when the ratio began crashing as the Fed began the first of 75-bp hikes. Returning to the level prior to the ratio plunge is...
Is it time for Ethereum to rally?We've all seen Bitcoin dominance hitting nearly 60%, while altcoins remained in the dark. But take a look at ETH/BTC, possibly putting in a bottom, coinciding with a...
As Powell's press conference drove down bond yields on his statement about the upcoming tightening of conditions (reducing the need for further hikes), Bitcoin rallied higher alongside equities. Now...
Why did I choose to compare Bitcoin to Gold?Three simple answers:
Both are comparable in terms of their store of value and quasi-limited supply)
Both have been shown to act as possible...