UPDATE: Now stocks are selling off and the 2/10 spread is less than 10 basis points. Gold, however, refuses to sell off while the euro pulls back versus the dollar. Mike Shedlock over at Mishtalk noted yesterday that there have been a couple of troubling inversions in the U.S. yield curve recently. They happened in … Continue reading Recession Incoming or Something Worse? 2/10 Spread Collapses
The latest market report focuses on what happens now that Jeff Sessions has been removed as an obstacle to Trump fighting back against the coming Democrat-led House and the inevitable burying of DoJ and CIA malfeasance by incoming House Intel Cmte. Chair Adam Schiff among other things. To gain access to twice weekly market reports … Continue reading Market Report 11-10-2018
This morning's Market Report focuses on the potential for Hessian elections to upset the German political system in a way that few in Europe want to contemplate. Also I give some advice on how to trade gold and Bitcoin for the mid-terms. You can join the Private Blog club by pledging just $4/month at my … Continue reading Private Blog — Market Report 10-28-2018
Today's Market Report for Patrons focuses on the changing relationship between gold, the euro and bitcoin as it pertains to the unfolding sovereign debt crisis and how that will shape our view of the next monetary system. If you would like access to the Private Blog and twice weekly 20 minute reports like this join … Continue reading Private Blog – Market Report for 10-24-2018: Gold and the Euro
There's a lot of talk about the Yuan price of gold falling out of a price suppression channel. Both Zerohedge and Nomura have weighed in on this. The Yuan price of gold surged overnight to above CNY 8500 per ounce which is a major breakdown. But it's also indicative of something that has long been … Continue reading Has China Finally Lifted its Thumb off of Gold?
Hurricane Michael caught a lot of people unprepared. What looked like an uneventful gulf storm turned into a raging monster by the time it made landfall in the Florida panhandle. Michael missed us completely this year. I never really worried about it because there was so little error in the track and it was a … Continue reading Preparation is More than Buying Bottled Water
I have a new video Market Report up on Patreon for subscribers focused on the political fallout of the confirmation of Brett Kavanaugh to the Supreme Court. For those who want access to the Private Blog and twice weekly technical reports on Gold, Bitcoin and other important foundational markets from a strategic and tactical perspective, … Continue reading Private Blog – 10-7-2018 – Bye Bye DiFi