Stocks one-way, precious metals t’other. My warnings Tuesday about ‘nothing but air’ underneath the gold and silver markets proved prescient.
Entries Tagged as 'Money Printing Pump'
October 30th, 2014 · No Comments
October 23rd, 2014 · No Comments
More of the same for stocks, though the metals, euro and oil are all rolling over now.
October 21st, 2014 · No Comments
They are driving this car, not cycles, not seasonals, not your favorite indicator.
October 19th, 2014 · No Comments
Some interesting charts this evening showing relationships between central bank balance sheets, foreign exchange rates, and the S&P 500. click chart to enlarge The Money Printing Pump chart I show frequently does not factor in the Japanese printing. This chart of the ratio of Japanese central bank assets to European central bank assests shows how […]
October 16th, 2014 · No Comments
When the FED is out of bullets to fire, they re-load with words. click chart to enlarge
October 12th, 2014 · No Comments
The Money Printing Pump shows how the FED’s taking their foot off the gas in recent month’s has enabled current market weakness. click chart to enlarge Tonight’s nearly 8 minute video discussion might be a spiralcalendar.com record.
October 5th, 2014 · No Comments
Friday’s rally prevented (or postponed) a very bearish signal for the S&P 500. My Money Printing Pump constructed from FED and ECB data continues to track equities nicely, though it lags due to settlement delays, limiting its forecasting usefulness. click chart to enlarge
October 1st, 2014 · No Comments
of chaos? And is it gold’s turn momentarily?