An update of some charts I have posted in the past that measure prices on some commodity indices. These measure some aspect of inflation, lack of inflation, or deflation. I do not see anything inflationary for at least six months Continue reading
Inflation-Deflation Update
November 17th, 2008 4 Comments
Tags: Gold · Inflation-Deflation
Oil and Gold
November 13th, 2008 4 Comments
The charts of oil and gold show significant weakness. Continue reading
Tags: Energy · Gann Angle Fan · Gold
Gold and Energy Appear Ready for Bounce
October 30th, 2008 2 Comments
The charts of Gold and Oil appear to be at a place to watch for a bounce. Continue reading
Gold Moving Down Below 700
October 23rd, 2008 No Comments
Gold looks weak and will probably move down to the 1×2 Gann angle. Continue reading
Tags: Gold
Gold In Weak Position
October 6th, 2008 12 Comments
StreetTracks Gold ETF (GLD) shows price has made two runs at the 1×1 Gann angle. The first try did break through but price quickly lost momentum. The second try also failed with last week showing a large outside range bar to the downside. Continue reading
Tags: Gann Angle Fan · Gold
Smallcaps Holding Up Better Than Gold and Silver
October 1st, 2008 No Comments
The Gold and Silver Index (XAU) has retraced 50% of the 2000-2008 move. The correction can quickly and a bounce could come. But the chart does not look strong in the intermediate term. Continue reading
Tags: Gold · Growth Stocks
Gold Update
September 23rd, 2008 No Comments
As an update to a post last week on gold, price remains at the 1:2 Gann angle but looks strong in the short term. Continue reading
Tags: Gann Angle Fan · Gold
Gold at 1×2 Gann Angle
September 19th, 2008 2 Comments
Gold has moved back to the 1:2 descending Gann angle. Price may stop here or move back to the 1:1 angle. Continue reading
Tags: Gold
Inflation or Deflation - Theory of Relativity
September 6th, 2008 2 Comments
Price changes of various economic groups over multiple time spans are discussed with respect to inflation and deflation. Continue reading
Tags: Bonds · Energy · Gold · Inflation-Deflation
Oil and Gold Charts - Ready for a Bounce?
August 19th, 2008 No Comments
The Gold ETF (GLD) hit the 150 calendar day cycle yesterday and may be ready for a bounce. Crude could move back to the 50% retrace of the range of the move starting in 1999. Continue reading
Tags: Energy · Gold · Slope · Square of Range