Tides – Page 3 – Spiral Calendar

Weekly Update

Last week's rally only a function of dollar weakness. The rally is imperceptible in yen terms.

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The Money Printing Pump Will Not Be Denied Balance sheets in dollars at new highs.

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Needless to say, this in an important post - because 'Tis the Season.

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Just to drive the point home.

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"There is a Tide in the Affairs of Men" - W. Shake-Speare A very important video discussion inside for subscribers.

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Some charts for a Saturday, some in front of the paywall, others behind.

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We know what the Central Banks did the last time markets headed over the cliff. This will be the chart to watch this instance also.

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If dollar yen ever reflected relative money printing, it would be quite a bit higher. It's a balloon under water.

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Expect the Nikkei to play catch up out of the gate next week.

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A stronger dollar will prevent gold from benefiting from any flight out of bonds and stocks.

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Waiting.

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click chart to enlarge OK bulls, breakout of this downtrend and I'll respect you.

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click chart to enlarge The tidal chart is the argument we need to wait one more week.

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