USD a Sick Puppy?

Hell NO, USD is a sick Rottweiller, not a puppy! This currency behemoth is shedding value faster than you can say “the greater depression”! Currently staring into the abyss, USD should find support here-abouts at the 61.8% fib retrace, but keep in mind this is a retest of the June lows and there is a [...]

USPOG looks toppy here

I’m always wary of a rising DOW and rising USPOG; it’s a sign of excess USD money in the system looking for a home, confirmed by continued falling USD as it devalues. Right now though, USPOG has a toppy look about it, turning over perhaps. Downside should be a small decline back to the 50MA [...]

$NZ Price of Gold; Thin end of the Wedge

Gold in $NZD continues working it’s way into the thin end of a large wedge formation, moving sideways in a very narrow price range, caught between the forex effect of a falling USD, rising NZD and rising $US Gold price (USPOG). This is NOT price action, this is a sleeping tonic. Yawn.

Thanks to all my Twitter followers

Hi folks, I just wanted to say a huge thanks to all my Twitter followers and for your interest in checking out this website from time to time. I like to post about Gold & precious metals, price chart analysis, news and my own views. I leave all my posts open to public view and [...]