Posts filed under “Inflation”

Gold Yearly Data Analysis

I haven’t written about Gold much recently, which I have been Bullish on for quite some time. (I actually wrote a positive report on it way back in December 2002!)

The chart below comes from former Goldman Sachs technician Charles Nenner. Charles developed a black box algorithm which is now the basis of his work at Cycle Forecaster; its a mix of cycles, techncials and Elliot Wave.

Charles notes that "Gold continues on a buy signal and is moving up in a channel; The downside of the channel for next year is limited to around 445, while the upside is, at the moment, around 550."

With Gold is trading at the top of the channel — we could very easily see a moderate correction. Technically, as long as 445 is not broken, the uptrend should continue.

Gold_1205

A good break on the upside out of the channel will be important to
watch, since such a move can lead to an upside acceleration . . .

 

Category: Commodities, Inflation, Technical Analysis

Headlines versus Underlying Data

Category: Commodities, Data Analysis, Earnings, Economy, Inflation, Real Estate, Retail

The “greatest irony” is that he is called the Maestro

Category: Federal Reserve, Fixed Income/Interest Rates, Inflation

Gold versus Stocks

Category: Commodities, Inflation, Investing

Inflation (ex-medical costs and insurance)

Category: Inflation

Producer Prices Continue Ascent

Category: Inflation

PPI data — Fun with Statistics?

Category: Inflation

Recapturing Lost Purchasing Power?

Category: Economy, Inflation

Economists React to Fed

Category: Economy, Fixed Income/Interest Rates, Inflation

Parsing the FOMC Statement

Category: Economy, Inflation