Gary Tanashian

Contributor since: 26 Feb 2010

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• What Rising Gold Prices Say About Inflation

  Published 03 August 2019 | viewed 3,722 times

  Contrary to majority opinion, gold and especially the gold mining stocks that leverage its macro status are not about inflation, especially cyclical inflation that runs…

• Is Silver Gearing Up For A Rally?

  Published 18 July 2019 | viewed 10,806 times

  While many are talking about major new bull markets in gold, silver and the miners I find it safer to set realistic goals within a…

• Three Must-Watch Macro Indicators In The Market

  Published 09 March 2018 | viewed 2,808 times

  You thought I was done with the Amigos shtick, did you? Not by a long shot ma’am. They are the happy-go-lucky riders in play as…

• Key Indicators In The Modern Market

  Published 27 February 2018 | viewed 2,654 times

  For Notes From the Rabbit Hole, bonds are not just an asset class ‘throw-in’ but instead are a key indicator set to the entire modern…

• 1 Week Later, Risk Remains ‘On’ as 2 of 3 Amigos Ride On

  Published 20 February 2018 | viewed 0 times

  Despite a tough week for stocks into Friday, February 9, three big picture macro indicators have continued to support a risk ‘on’ backdrop. Many of…

• US Stock Market, Precious Metals and the Macro Backdrop

  Published 12 February 2018 | viewed 0 times

  US Stock Market We will update global markets as well as the macro situation in NFTRH 486, but for this article I’d like to focus…

• A few words on the Gold Sector

  Published 24 January 2018 | viewed 0 times

  As the long-term interest rate Amigo continues upward, the anti-USD ‘inflation trade’ continues onward and more and more gold bug writers emerge from the woodwork,…

• The Macro View: Amigos Ride On

  Published 19 January 2018 | viewed 0 times

  As symbolized by the 3 Amigos, the macro backdrop is riding on to its destiny. That forward destiny is a top in stocks vs. gold…

• Gold Miners’ Status Updated

  Published 15 January 2018 | viewed 0 times

  After a positive year-end with the expected precious metals rally we noted on Dec. 31, in NFTRH 480: “With HUI dwelling just under the 195…

• Semi Canary Still Chirping, But He’s Gonna Croak in 2018

  Published 12 January 2018 | viewed 0 times

  Since January 2013 we have been using the worldwide Semiconductor Equipment industry as a leader within the Semiconductor sector, which is an economic cyclical leader…

• Amid Bad Fundamentals, Gold Sector Rally May Have Begun

  Published 19 December 2017 | viewed 0 times

  We have been expecting a seasonal rally in gold, silver and the miners off of a bottom due in either December or January, as is…

• Precious Metals Breaking Down! 3 Amigos to Abort? 4 Horsemen to Ride?

  Published 07 December 2017 | viewed 0 times

  I am not trying to be a wise guy with the first half of the title (it’s a goof on alarmist media), but if you…

• Updating the 3 Amigos of the Macro

  Published 01 December 2017 | viewed 0 times

  Okay, so the theme is that on the macro 3 events may come together to signal a big climax, leading to change. Those Amigos are……

• Taxes, Macro Signals, Seasonality, US Stocks and Gold Miners

  Published 24 November 2017 | viewed 0 times

  While politicians hammer out the details it is generally accepted that corporations and by extension the investor and asset owner classes are targeted for benefits…

• Operation Twist By Another Name and Method?

  Published 21 November 2017 | viewed 0 times

  The TIP/IEF ‘inflation gauge’ is still motoring upward after breaking above the SMA 200. If this turns the 200 up along with the MA 50…

• Perspective on the Gold/Oil Ratio, Macro Fundamentals and a Gold Sector Bottom

  Published 20 November 2017 | viewed 0 times

  With all due caveats about the non-stellar gold CoT data (we’ll update in #474) I wanted to note a constructive situation in gold vs. oil,…

• At The Junction Of Risk

  Published 06 November 2017 | viewed 0 times

  This post serves as a public version (i.e. more wordiness than is usual in an NFTRH report) of NFTRH 472’s Bonds & Related Indicators segment. If you’re not following…

• Make Way For Uncle Buck

  Published 27 July 2017 | viewed 0 times

  It has been a contrarian trade that has not yet worked out; by that I mean my short position on the Euro and preparation for…

• Hedgers Net Short The Euro, US Market Rotates

  Published 23 June 2017 | viewed 0 times

  In line with our bullish forward view on USD, behold the very bearish state of the Commercial Hedger positions in the Euro (courtesy of Sentimentrader).…

• Bonds And Related Indicators

  Published 19 June 2017 | viewed 0 times

  Bonds & Related Indicators (and more macro discussion) The target for TLT continues to be around 129. Treasury bonds are in bull trends (remember back…