Rare Earth Trade War as an Ultimate War Trigger
Today, China announced a levy on $60bn of U.S. goods a few hours after the POTUS imposed new tariffs on $200bn of Chinese products. The financial markets appear to be shrugging off the latest trade war posturing, but are they complacent? There is a category in the...
This Ratio Chart Could Make or Break a Fall Rally in Gold
If you did not have an opportunity to review “Smart Money Ace Up the Sleeve and a Gold Chart Update” Part 1 and 2, I suggest you do so before continuing. The Commitments of Trader Report (CoT) released today is flatlined, so there’s nothing new to report on that...
Diplomatic/Trade Wars Flush the Turkish Lira and Gold/TRY Goes RYPO
If only Benjamin was around to talk about his love of turkeys today and witness what a turkey in headlights might look like. The Turkish lira (TRY) plunged today and roiled the global equity markets as fear of additional turmoil or contagion sent investors running for...