Same Ol

Yes, it's a boring market. And yes, I keep showing this central bank chart over and over again.  I've been showing some version of this since 2010.  But as long as the Central Banks are driving the bus, I'm going to post this chart.

 

click chart to enlarge

click chart to enlarge

Subscribe to see the rest of this post.

Weakly Update

Hey look!  Combined central bank balance sheets have stopped rising!  (for now)

click chart to enlarge

click chart to enlarge

Apologia – I intended to produce regular video updates while traveling, but a myriad of technological roadblocks intervened. Next update will be Wednesday, from home turf, with complete chart sets and video discussion.

In the meantime – the big move in bonds I’ve been talking about is just getting underway.  And now is the time for the Solunar and Tidal charts (inside below) to kick in.

Continue reading Weakly Update

For Gold, it’s about the Yen, not the Dollar

I'm getting caught up on some charts while I'm on the road. I'll try and post a video tomorrow.

click chart to enlarge

The weak dollar index is not a reason for gold to go up.

click chart to enlarge

The yen is even weaker than the dollar. As long as the dollar is strong against the yen, gold will be weak.

Subscribe to see the rest of this post.

Mood Change

The crypto-currencies have turned right on the new moon.

click chart to enlarge
The mood in the crypto-currency space has changed dramatically since Friday's new moon!

 

click chart to enlarge

Mania leader, Ethereum's final triangle broke lower from its apex.

click chart to enlarge

Will stocks care?
Video discussion and more charts inside!

Subscribe to see the rest of this post.