An informal presentation of technical analysis, market ratio analysis, psychology and macro fundamental opinion... along with whatever else is required to stay on the right side of the markets. The premium NFTRH service takes all of these and more to the next level.
"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10
Tuesday, May 18, 2010
Gold & Currencies
Talk about some crazy crosscurrents; now that the euro has taken the swan dive into extremis and is subject to wild swings both ways, it is best to measure gold against things like the commodity/resource currencies of Canada and Australia. Yup, still bullish over there... but in a much more muted way. We like muted; it allows us to quiet the noise and figure things out.