Gold’s To-Date Progress off its December 2015 Lows & Why $1,375-$1,475 Should be a Worst-Case Outcome for the Current Rally
Over the past year we’ve built a catalog of work on the site calling for a major low in gold. Within that body of work we attempted to form high-probability downside price targets for the metal that would offer attractive opportunities to begin…
Draghi Disappointment Unlikely, but Half-Life of Intervention Diminishing
Below you’ll see the ratio of the EUFN (MSCI Euro Financials ETF) vs. XLF (US Financials ETF). Note the long-term downward sloping channel b/t lines (1) and (2) it’s traded in over the period in which we have trading history…....