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Markets Slide Sideways As Trade War Fears Linger

Markets Slide Sideways As Trade War Fears Linger

Despite technology stocks hitting new…

Economic Pressures Weigh On Banks And Borrowers

Economic Pressures Weigh On Banks And Borrowers

Banks and borrowers are under…

Trump's Trade War Nears Boiling Point

Trump's Trade War Nears Boiling Point

Trump’s trade war appears to…

A Golden Opportunity

Bear catching salmon

In what has become a rite of spring for us - we emerge from the torrent well fed and docile. After feeding in the stream as precious metals bears for the better part of the year - we may even want to be their friends this time.

Although still looking for traction to take hold in the miners, the GDX:GLD ratio comparative we have highlighted since January appears to be tracing out a low with the divergent momentum characteristics we had expected.

All things considered - we'll let you know if nature gets the best of us and we decide to eat our new companions. Until then - consider us golden.

BKX:SPX 2008/2009 versus GDX:GLD 2012/2013 Daily Chart


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