The lower the dollar goes, the higher the balance sheet chart goes. The dollar decline is accelerating.
click chart to enlarge Still the only chart that matters.
click chart to enlarge
Month: July 2017
Two Thirds a Loaf
We've seen it before, a momentum loss and a reversal, but the third ingredient, a break of support, never arrives.
Click chart to enlarge
click chart to enlarge
Bond Time
We've been patiently waiting. They are beginning to crack. The timing couldn't be better.
click chart to enlarge
Weekly Update
Still the chart that matters most. Remember, this weak dollar inflates foreign balance sheets in dollar terms.
click chart to enlarge
click chart to enlarge
click chart to enlarge
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
Stairway to Heaven
click chart to enlarge Climbing a Stairway to Heaven
click chart to enlarge
click chart to enlarge
Catch Up
My travels are complete. Video discussion inside!
click chart to enlarge
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.