The prices of industrial metals have dropped to a near-record low level relative to precious metals, a trend that has had larger negative consequences in…
Tagged $GLD
Will The (Falling) Buck Stop Here?
The recent decline in the U.S. Dollar has people wondering where it might stop; its chart suggests right here is as good a spot as…
“Smart Money” Has Never Been More Bearish On Silver
Commercial Hedgers just hit their most extreme net short position ever in silver futures. Just 5 weeks ago, on March 28, we noted…
Have The Dollar Excesses Been Worked Off Through Time?
While the U.S. Dollar has suffered very little price damage since topping a year ago, “smart money” commercial dealers have unwound much of their record short…
Gold Stocks At Key Juncture?
Gold stocks are testing the level of their recent breakdown to all-time lows; will it be a false breakdown, or the start of a new…
Gold Stocks Hit Lowest Levels. Ever.
A popular gold equity index closed at the lowest level in its 30-year history today. It has been a rough ride for gold bugs in…
Another Major Commodity Index Drops To 2009 Lows
Like the CRB before it, the S&P GSCI Index has dropped all the way back to its 2009 lows; will it find support there? Another…
Good News: Gold Speculators Haven’t Been This Gloomy In 13 Years
Gold sentiment may finally be getting bearish enough to support a durable bottom. Gold bugs may finally be getting the good news they’ve been waiting…
Did Weekly Reversal Mark A Top In The Dollar?
Large weekly reversals from multi-year highs in the U.S. Dollar have led to sub-par returns – and sometimes major tops. In the arena of “inter-market analysis”,…
Broken Commodities Continue To Crush Investors
Since breaking key support 1 year ago, commodities have continued to drop, setting a 13-year low today. This post is not one that is going…