Sentiment Indicators For Gold – Charts
Jordan Roy-Byrne joins me today to outline some sentiment indicators for gold and how they are impacting the market. Below is a chart which shows the CoT for gold, the GLD put/call ratio, and gold’s 50 day rate of change.
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Glad I got of their system ,yrs ago
Cypress 102
Jerry, what do you mean Cypress 102? Why are you talking about a tree? LOL!
The folks in Cyprus ( sorry)… that second bottle of wine on the beach and the mind becomes woody 😉
GOTS..as Sinclair would say
Catherina Austin Fitts
Good wins if you turn off your TV…Fitts.
Trump ends covert Obama era CIA action , McCain just lost a job..zh
Larry Kudlow discusses Trump, Obamacare, Tax cut.
https://btr-sfo-grass-2.blogtalkradio.com/1001466822–1141111340.mp3
You boys see this? Johnny McWar has got brain cancer.
I bet he beats it. After all, he’s getting the very best treatment possible, not the crappy Obongo Care the peasant class has. Hell, if he hat that he’d be did in six months.
McCain ain’t going anywhere, least of all six feet under. Hell, I bet McWar will live long enough to see his proclamation that the US will be in Iraq for a hundred years.
http://www.zerohedge.com/news/2017-07-19/john-mccain-diagnosed-brain-cancer
To quote (well…to bastardize) Doug McArthur, “Old warmongers never die…They don’t even fade away…They just live forever…or at least it seems that way.”
Time for him to go.
Cory,
Thanks for having Jordan on the show. He always has great insights.
On a funny note:
https://mobile.twitter.com/PrisonPlanet/status/887464796744015872/video/1
Silver’s rise stopped at fork resistance today…
http://stockcharts.com/h-sc/ui?s=%24SILVER&p=W&yr=3&mn=9&dy=11&id=p45855083272&a=500464214
A GDX breakout is coming soon…
http://stockcharts.com/h-sc/ui?s=GDX&p=W&yr=2&mn=2&dy=0&id=p92711531154&a=533645229
I’ll take the opposite side of that and say, a breakdown (at least a month) then a breakout.
A breakout is a breakout, I didn’t specify which direction. But you’re right to assume what you did. I do think the bulls have a distinct edge here.
The riskier end of the spectrum in the sector has been sending a clear message…
http://stockcharts.com/h-sc/ui?s=GOEX&p=W&yr=2&mn=7&dy=0&id=p39423546808&a=531021435
Beautiful bull pennant on the GDXJ monthly:
http://stockcharts.com/h-sc/ui?s=GDXJ&p=M&yr=10&mn=0&dy=0&id=p56911644287&a=406207782
“Dollar Rebound? Honeymoon over. Back to business!”
http://www.trendlinemagic.com/2017/07/dollar-rebound.html
The buck is oversold on the daily chart so a bounce is probably not far off, but I think the larger downtrend has much further to go…
http://stockcharts.com/h-sc/ui?s=%24USD&p=D&yr=0&mn=10&dy=13&id=p16215620040&a=529727645
For starters, a move below 93 looks very likely…
http://stockcharts.com/h-sc/ui?s=%24USD&p=W&yr=3&mn=3&dy=0&id=p74393833248&a=456880405
Beyond that, I’d be surprised if it doesn’t eventually break 90…
http://stockcharts.com/h-sc/ui?s=%24USD&p=W&yr=4&mn=2&dy=0&id=p45537302336&a=534540070
The gold-silver ratio is getting ready to plunge and that will be great for the miners…
http://stockcharts.com/h-sc/ui?s=GLD%3ASLV&p=D&yr=1&mn=5&dy=0&id=p28487667060&a=521820217
John McCain has just been diagnosed with having a brain tumor, funny how it takes years to see that somebody is a brain tumor. DT
Trump complains about Sessions:
https://www.nytimes.com/2017/07/19/us/politics/trump-interview-sessions-russia.html
So Mr. Trump, Sessions has plenty of time on his hands to instigate the Clintons and their Pay for play and tax evasion, but you Mr Idiot Trump, have sain you did not want Clinton investigated.
Clearly Sessions has time to investigate the DNC and the murder of Seth Rich, but you Mr. Trump have not considered that, nor have you ordered the seizing and preservation of computer hard drives of Clinton and her Aide, Huma Abedin.
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0ahUKEwikmd-whpfVAhXEjVQKHWOJCNMQqUMILjAB&url=http%3A%2F%2Fwww.breitbart.com%2Fbig-government%2F2017%2F07%2F17%2Ffitton-huma-abedin-emails-show-clinton-donors-receiving-special-treatment%2F&usg=AFQjCNFYszrZu06aoIyXkXLf7CX1lzTCYQ
Mueller expands probe into Trump’s business transactions ….zh
How about Hilly,. .
Then how about Mueller ..
The deeper they go ,the more they expose themselves….Donald will tweet them to death.
Well Donald just tweeted….”lay off “
Mueller is going bye,bye soon….congress is to screwed and has finally showed how screwed up the are..letting Rice skate the hearing….
Bitcoin up 16%
I’ve spoken to two people in the past week who are ‘making money trading bitcoin’. And this in a South American locale where bitcoin is mostly just a rumor. Neither of these people have any special trading experience, nor could give me a clear, quick explanation of the source of profits, or risks involved. But they both made it sound about as easy to make money as it is to let your toenails grow–always a good market signal ;-).
Palladium sinking like car sales..down $17
Palladium and Platinum are not needed for electric vehicles.
Volt sales are in the tank.
Or was that the bolt
Nationwide Outage Hits Bank of America: Customers Unable To Access Accounts
In an apparent nationwide system outage, Bank of America customers have been shut out from accessing their accounts and online banking on Wednesday afternoon. As of 4pm ET the outage was continuing with most online systems still frozen.
http://www.zerohedge.com/news/2017-07-19/nationwide-outage-hits-bank-america-customers-unable-access-accounts