Daily Report July 31, 2018
Daily Report July 31 Just a quick update for commodities and currencies. Now that it looks like Trump is going to step away from the EU tariffs, there should be no reason for the ECB to keep pinning down on Euro which it has been doing since early June. As a result of this, the […]
Weekly Report July 29, 2018
For new readers of the blog, I recommend reading the terminology page before the weekly reports. Gold There has been a lot of speculation lately on whether the Chinese government has now pegged the yuan to gold. Judging by short term movements that might seem like the case, however there are some issues which I’d like to […]
Weekly Report July 15, 2018
Weekly Report July 15 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Gold The intermediate cycle in gold has become the longest intermediate cycle at least in the last decade or so. We have reasons to believe that the latter part of this decline hasn’t been completely natural as […]
The Rubber Band Theory
The Rubber Band Theory There are two main forces driving the markets: Cycles and Sentiment. These forces are the foundation of the market action and are the root of the rubber band theory. Think of a stretched rubber band. It is loaded with force which urges to release and upon release the rubber band gets […]
Weekly Report July 1, 2018
Weekly Report July 1 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Gold As I’ve been saying for weeks now, the best opportunity on the market at the moment lies in the precious metals sector. We saw a big up day in the miners on Friday and as the […]