Oil & Gas, Inflation and Interest Rates: A Delicate Balance or Goal Seeking?

Most students of the markets are aware of the important relationships between oil and gasoline prices, inflation and interest rates.  Understanding these relationships can provide useful insight into the economy and broader markets.  Digging deeper into the trends, reversals and divergences, however, yields evidence that the relationships are nowhere near as random as the casual … continue reading →

Update on Gold: Apr 11, 2018

In our last major update [see: Jan 26 Update] we noted that gold, 1355 at the time, had reached the same price level at which it had frequently reversed.  Even though we’d had a bullseye at 1377-1380 for over a year, it had stopped short several times. GC is sitting just below the neckline of … continue reading →