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In the 1980s, when I traveled behind the iron curtain or to developing countries around the world, this boy from Brooklyn learned the power of the US dollar. A mentor taught me that before venturing outside of the United States to some of the more challenging parts of the world in those days, ...

Editor's note: Originally published at tsi-blog.com on August 20, 2019. [This post is a modified excerpt from a recent TSI commentary] Gold tends to lead the industrial metals sector at intermediate-term bottoms, i.e., the US$ gold price tends to make an intermediate-term bottom and ...

The strange persistence of the strong dollar with the rising gold price has puzzled many participants this year. Some are even beginning to suggest that the dollar’s inverse relationship with gold has been broken. In this report, I’ll make the case that what we’ve seen so ...

At a shopping mall recently, we observed an interesting deal at Sketchers ([[SKX]]). If you buy two pairs of shoes, the second is 30% off. Sketchers has long offered deals like this (sometimes 50% off). This is a sign of deflation. Regular readers know to wait for the punchline. Manufactur...

In my last report on Seeking Alpha on August 6, 2019, we were able to identify the daily, weekly, and monthly trigger points in the gold market. As we looked at the annual report that we published September 28, 2019, the anticipated target of $1,476 was completed. We took a very conservati...

The dollar is the world's reserve currency. The US greenback is the foreign exchange instrument of choice for central banks, monetary authorities, governments, and supranational institutions when it comes to their reserves. While the euro, Japanese yen, and gold are also assets governments hol...

I have been involved in markets since the early 1980s, and until the aftermath of the global financial crisis in 2008, had never even considered negative interest rates. As a commodities trader, I am well-accustomed to markets that move to backwardation. When deferred prices are lower than nea...

Preamble On the 2nd of July 2019, we posted Part One of this article with the following summary points: After six years in the doldrums gold has suddenly come to life, however the two main influences on it are the U.S. dollar and the S&P 500. Gold has an inverse relati...

“O Gold! I still prefer thee unto paper, Which makes bank credit like a bark of vapor.” – Lord Byron, Don Juan. As the interlude in the trade war has ended, so have markets once again entered crisis mode. US President Donald Trump announced new plans on additional tari...

While many traders seek instant gratification from their trades, the gold market has only recently offered that potential to traders betting on higher prices. In fact, the last few years could be considered a mind-numbing experience for traders trying to figure out this market. The gold market...