Commentaries

Without a doubt, the recent weeks were tough for the U.S. currency.

The commodity complex is famous for a sort of ‘Whack-a-Mole’ quality to it.  Do you remember back in the go-go days when it was NatGas (2005)?  Uranium (2007)?  Crude Oil (2008) and then a cluster of Copper (2011), Grains (2011) and Silver (2011)? Well today none of them are doing much.  Oil went up but … Continue reading

We have used the ‘continuum’ (monthly chart of the 30 year yield) for years now to define tops in inflation expectations (red arrows at or around the EMA 100) and tops in deflationary fears (green arrows). 30 yr yield & 30 yr – 2 yr spread With the help of a MACD cross over (not … Continue reading

When we take into account last week’s events, it seems that the yellow metal is more sensitive to signs of tapering than any other asset.

From 2006 the Bank of England’s Annual Report has declared the quantity of gold in its custody, including the UK’s own 310 tonnes.

If you want to be an effective and profitable investor you should look at the situation from different perspectives and make sure that the actions that you are about to take is really justified.

The following is excerpted from a commentary originally posted at www.speculative-investor.com on 28th July 2013.

Yesterday, gold climbed up to over $1,347 per ounce after the U.S. dollar slipped against other currencies.

The U.S. has presented to the world a slew of data exhibiting a strengthening economy

Yesterday was an impulsive looking move and something of a statement in itself.  But now technically, the metals and miners need to gather themselves (after a potential pullback on profit taking) and make a real statement. Yesterday was the booster stage (gap up), and another leg up from here would give the precious metals complex … Continue reading