DBB, base metals ETF, chart below. Potential Scenario: Dropping hard into a yearly cycle low target shown, in Q4 2019 or Q1 2020; similar to 2015. Cannot see general equities performing well in this scenario, unless the CBs find another … Continue reading →
An update on the monthly $GOLD:$CRB chart indicates a possible completion of backtesting here, before the next move higher. This ratio has been in a bull market since 2005, with an impulse move higher out of a bull flag, in … Continue reading →
Global X Gold Explorers ETF (GOEX) GOEX is not really a pure gold exploration stocks ETF, as many of its holdings are mid cap producers, not explorers. However, it gives an indication of where the sector is headed in the … Continue reading →
Here is long term monthly chart of the VTI, which takes out a lot of the noise, as it is a proxy for the total stock market in the USA. What if … this current pullback is a repeat of … Continue reading →
Following on from the last post, showing $AUDJPY inflation/deflation proxy, the hedge against the deflationary contraction which should get more traction in 2019, is the precious metals and the precious metals miners and stocks in that sector generally. Why? ….. … Continue reading →