Like the concept of Negative Interest, this is getting disturbing as the 10 Yr Treas has gone under 1.9%, as i t has on all Crises dates. WE go Davos, We got the Greek Settlement, we got the ISDA deciding WHETHER the GREEK deal is a DEFAULT. No stability here, I think. Maybe a minor patch, but the Ship of the Global Economy has its PUMPS working overtime, and any pause in the pumping will sink the COSTA CONCORDIA -> global economy even lower in the water = worrisome.Below is a depiction of the Momentum o... read more »
On Thursday, my dual MACD lines, Red and Blue posted a buy signal in the GDM Sentiment Index. The FASTER of the MACD measures (RED) has cut thru the SLOWER of the MACD Measures (BLUE), to the upside. It is now confirmed by the Banded Oscillator on the Upper Panel, and awaiting confirmation from the conventional MACD on the bottom panel. Does this mean Gold WILL take off to the upside ? NO, it means we are seeing a significant signal of strength in GOLD's TREND, and must wait for it to develop. HOWEVER: W... read more »
