Adding a Wrinkle to the Nikkei
On the site we’ve repeatedly discussed the Nikkei’s massive rally from fall 2012 to May 2013 which, over the course of ~six months, totaled ~85% and how among other major asset classes we can find only two other examples of…...
Commodity Rally to be Short-Lived?
We’ve had a few posts on the site about coffee since 2012. These posts have centered around: 1) Coffee’s April 2011 high was a major top, analogous to only a few other such tops in its history 2) Coffee would…...
Short-Term Trading Opportunity
Be owners of PMs and related items before the Fed meeting concludes today. This is a very short-term opportunity. Wanted to get this out pre-FOMC today. Per the silver post-bubble analog chart below, the next three weeks have the metal…...
Has the Gate Become Sufficiently Narrow?
The history of gold since the 60s is one of major multi-year rallies, followed by major multi-year sell-offs, followed by another leg of major multi-year rallies and so on. Forgive the self-indulgent melodrama, but a quote from Matthew 7:13 might…...
Lower-Risk/Higher-Reward Spread Trade Idea Useful for Those Looking to Deploy Excess Cash Balances
In the following chart we show the ratio of the Nikkei vs. gold. Into its 2012/2013 low of ~5, this ratio had fallen ~90% from its 2000-era high of ~70. However, upon hitting 12.38 last week, note the ratio has…...
Gold & Related Miners…Will the Bloodletting Ever Cease?
We’ve spent a significant amount of time on silver over the past year on this site, largely at the expense of gold. We harbor no bias against gold, we’ve simply not seen any noteworthy set-ups from which to develop a…...
Onward & Upward for the Nikkei?
As of this morning the U.S.-traded Nikkei futures contract is breaking out from an ascending triangle pattern. This can be seen in the chart on the right. Such patterns tend to be bullish. And, while we suggested the potential for…...
Silver Analog Update
Here’s how our thinking on silver has evolved over the past year: 12/2/12 (Silver = ~$34) “We would suggest being short the metal given the resistance at hand.” “If silver can’t exhibit some bullishness very quickly, I’d be inclined to…...
Silver Update
On 9/16 we noted the USD was breaking 30 month support on the heels of Larry Summer’s announced withdrawal from the race to replace Bernanke. We suggested this could be a good, corroborative signal to our bullish, long-term silver thesis. As…...
USD Breaking Below 30 Month Support
The USD bottomed in April 2011; silver peaked at the same time at its decade-long high of $50. Since then the USD has been in an uptrend defined by line (1) support; silver has been in a downtrend defined by…...