
Oil & Copper Point the Way for Higher Inflation (and Gold Price)
As lawmakers around the world congratulate themselves on taming this year, the charts of Oil, Copper and Gold suggest the biggest inflation is ahead of us.
Read articleAs lawmakers around the world congratulate themselves on taming this year, the charts of Oil, Copper and Gold suggest the biggest inflation is ahead of us.
Read articleA quarterly line chart often helps eliminate short-term trading noise and makes it easier to see major trends, consolidations and turning points. If you follow these charts closely, you can use them as an early warning system to spot significant breakouts before they show up on weekly or monthly...
Read articleThe charts show the Gold's performance relative to US Government Debt and the ratio of Gold price to the US Money Supply.
Read articleThe charts compare over the past few months that Gold indeed has recorded significant long-term bottoms and that the Silver's bull flag has broken out to the upside and is now backtesting that breakout.
Read articleThe charts compare the price of gold to the Producer Price Index of Lumber and Wood Products, but also to palladium and to the price of Microsoft stock. To figure out whether an asset is in a bull market, you don't just want to see the nominal value increase, you also want to see that asset outpe...
Read articleDow/Gold currently finds itself testing the lower rail of what may be a large Bear Flag. If it is a halfway flag, similar to that of the 1970s, the resulting measured move from a breakdown would be below 3. 30,000 Dow/$10,000 Gold? 6,000 Dow/$2,000 Gold? 90,000 Dow/$30,000 Gold? The answer will b...
Read articleSilver/Euro has already broken out on the monthly chart. Breakouts on higher time frames are even more significant, and this chart is an important piece of evidence that supports all time high prices ahead.
Read articleThe Gold/SPX (S&P 500 index) ratio appears to be breaking out of its third major consolidation in the last 100 years. The Silver/SPX ratio shows a similar story to that of Gold/SPX, as it too is breaking out of its third major consolidation in the past 100 years.
Read articleIt appears the debate about whether Gold/Dollar was forming a massive 10+ year Cup & Handle will soon be answered, as price officially broke out of the structure and closed at an All Time High quarterly closing price of $1,968.53 for Q1, 2023.
Read articleSince 2018 we have again seen a series of impulse moves higher followed by bullish consolidations. Gold price in euros appears to be breaking out of one such consolidation now that began in February, 2022, and the next impulse move higher may soon be upon us.
Read articleThe World Currency Unit is a blend of the world's largest currencies and represents a unit of real global purchasing power. Measuring Gold and Silver in WCUs helps to reduce the volatility of individual currencies and their inflationary impacts on the charts.
Read articleThe Gold/Silver ratio has been building out a decade-long Head & Shoulders pattern since bottoming in 2011. At a current ratio near 85, Gold and Silver remain very cheap on an historical basis.
Read articleGold's 12-year cup & handle points to new all time high above $3,000 and silver's bull flag suggests a run to at $50 possible.
Read article