Copper looks to be breaking a lot of multi month trend lines today (bearish). We should know next week if this is a start of a real correction following the simply stunning rally since June of this year. Personally I would take some profits off...
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September 8, 2017 admin
Chart of the Day
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Even though the rally in precious metals has already run for quite some time, silver is looking very interesting in terms of more upside potential ahead: Gold-Silver ration rolling over…?
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September 7, 2017 admin
Chart of the Day, Gold, Silver
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August 30, 2017 admin
Chart of the Day, Gold
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Money Managers (semi dumb money) net long positions at 2 year highs (at least): Chinese Credit Creation vs Copper: … These are huge warning signs for investors that are long copper. Zerohedge recently posted an article titled “Something Strange Is Going...
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August 23, 2017 admin
Chart of the Day
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I have been reading a bunch of negative comments regarding gold lately. This Isn’t that surprising since first of all, the COT -report showed managed money (semi dumb money) pushing up their net long positions past recent highs: Friday also delivered a VERY ugly “shooting...
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August 20, 2017 admin
Chart of the Day, Gold, Silver
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This past week ended on a negative note for the mining indices since GDX and GDXJ seem to have been rejected at the down trend ceiling once again (even though some big individual names have pretty bullish charts): GDXJ:GDX Isn’t looking that great...
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August 5, 2017 admin
Chart of the Day, Gold & Silver Stocks
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There is nothing normal or rational about this chart at all. This chart is reflecting a world where central banks have distorted and destroyed any idea of a functioning market by taking rates to zero (or even sub zero), while suppressing bond yields through...
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July 18, 2017 admin
Chart of the Day, Gold, Silver, The Economic Depression
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– Source: David Brady ( https://twitter.com/GlobalProTrader ) These values are not that different from when the last major bottom took place…
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July 3, 2017 admin
Chart of the Day, Gold, Gold & Silver Stocks, Silver
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BIG divergence between the stock market and the underlying fundamentals: Margin debt at all time highs: “Irrational exuberance” indicator at highest point since at least 2001: To sum up: There are bubble warning signs pretty much everywhere one bothers to look. This...
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June 21, 2017 admin
Chart of the Day, Market Flash
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