Archive for March 2022
Digital Currency Update
As noted last week, I view the current rally in stocks as counter-trend with the primary trend being down. The Dow to gold ratio continued to fall. Ultimately, I expect this ratio to reach two or perhaps even one. For new readers, the Dow to gold ratio is calculated by taking the value…
Read MoreAre We on the Verge of a Crack-Up Boom?
Stocks rallied and gold fell last week. At this point, I don’t view these developments as trend-changing, rather as counter-trend rallies. The Dow to Gold ratio continued to fall last week. As currency devaluation continues, this is an indicator that becomes more meaningful in my view. At its last meeting, the Federal Reserve…
Read MoreWhat is Real and Where are We Heading?
While I don’t typically publish the databox above in my blog each week, I am including it this week for reference. The Dow to Gold ratio continued to fall last week. As currency devaluation continues, this is an indicator that becomes more meaningful in my view. If you are not familiar…
Read MoreWill Russian Sanctions Mean Higher Inflation?
Stocks continued their decline last week as metals rallied strongly. While many analysts blame the rising geopolitical tensions for the decline in stocks and the rise in gold and silver prices, the reality is that stocks went into calendar year 2022 extremely overvalued, and metals were undervalued in light of the massive currency creation that…
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