Taxes, Macro Signals, Seasonality, US Stocks and Gold Miners

While politicians hammer out the details it is generally accepted that corporations and by extension the investor and asset owner classes are targeted for benefits under the coming Republican tax plan. The logical implication of that beneficial treatment is that barring a market meltdown in the interim, people looking to unload stock positions and take […]
Slope of Hope

Perspective on the Gold/Oil Ratio, Macro Fundamentals and a Gold Sector Bottom

This was going to be part of an NFTRH update, but I decided to make it public, as we’ll have plenty of other information to work on this weekend in NFTRH 474 after such an eventful market week. With all due caveats about the non-stellar gold CoT data (we’ll update in #474) I wanted to […]
Slope of Hope

Macro Plan Still on Track for Stocks, Commodities & Gold

As I’ve been noting again, again, again, again, and again the macro backdrop is marching toward changes. I’d originally thought those changes would come about within the Q4 window and while that may still be the case, it can easily extend into the first half of 2018 based on new information and data points that […]
Slope of Hope