Yesterday we saw producer prices rise 9.2% year over year, as the PPI showed the largest increase since a 10.4% rise in June 1981.
So why hasn’t gold set new highs, and why is the US Dollar holding it’s bottom with those inflation numbers?
… simple answer - because inflation is a “lagging” indicator, and gold is [...]
Entries from March 2010
Gold vs. Fed Money Supply and PPI
July 17th, 2008 · No Comments · Gold and Silver Stocks
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Gold - New Highs, or Continuation of the Trading Range?
July 15th, 2008 · No Comments · Gold and Silver Stocks, HUI XAU Index Charts
The HUI gold stock index has continually traded within tightly bound trading ranges during each phase of this gold bull. During 2006, and the first half of 2007, gold and gold stocks were fundamentally driven by the collapse of the U.S. Dollar and rising inflation. Even with the parabolic surge in commodities resulting in new [...]
Tags: Gold stock charts·HUI Gold Stock Index Chart·Japanese Yen Chart·Trading Gold·US Dollar chart
Trading Gold: Follow the Yellow Brick Road-Map…
July 1st, 2008 · No Comments · Gold & Silver Charts, Gold and Silver Stocks
This has been a volatile, whipsaw trading environment for many gold, and gold stock traders. But, it shouldn’t be. Because gold, and gold stocks have been following a veritable bread crumb laden, yellow brick road-map.
Don’t believe it?
Balderdash, you say?
A little too much hubris?
We shall see…
But before I get to the bread crumb laden, yellow brick [...]
Tags: Gold chart·Gold Price·Japanese Yen·US Dollar·Yen Carry Trade