Tag: Inflation

07/30/22 Weekly Re-Lay – “Gold & Silver produced spike lows in July ‘22 – creating what could be the ideal cycle scenario (4 months down/2 months up)… Both declined to the levels of their early-2020 highs – multi-year levels of ‘resistance turned into support’.   From a timing perspective, Silver fulfilled a ~6-week low-low-low-low-high-high-high-high-(low) Cycle Progression while bottoming on July 11 – 18. At the same time, Silver […]

07/27/22 Weekly Re-Lay Alert – “Gold & Silver are bouncing after testing and holding major support levels.  Both declined to the levels of their early-2020 highs.  Silver fulfilled a ~6-week low-low-low-low-high-high-high-high-(low) Cycle Progression that bottomed on July 11 – 18. That also allowed Silver to match the duration of its two longest declines of the past few years.  All three have been ~18 (17 – 19) […]

07/23/22 Weekly Re-Lay – “Gold & Silver are hovering near major support levels after declining for 6 weeks from their June 3 highs, peaks that were set during the latest phases of corresponding ~6-week & ~12-week high-high-(high) Cycle Progressions.  Both have declined to the levels of their early-2020 highs. While Gold spiked lower this past week, Silver did not – maintaining the fulfillment of […]

07/20/22 Weekly Re-Lay Alert – “Gold & Silver remain negative and would not show any signs of bottoming until (at least) daily closes above 1731/GCQ & 19.45/SIU.  Gold is nearing its most critical level of intra-year and 1 – 2 year support near 1680/GC.  If/when a low is signaled, these metals should bounce back toward their June ’22 highs – key levels of ‘4th wave of lesser degree’ resistance. The XAU & HUI remain weak, selling […]

07/16/22 Weekly Re-Lay – “Gold & Silver continue to decline following their June 3 highs, peaks that were set during the latest phases of corresponding ~6-week & ~12-week high-high-(high) Cycle Progressions. Gold turned its intra-month trend down and spiked lower into mid-month while Silver waited until mid-month to turn its intra-month trend down while spiking to monthly & weekly support.  Neither metal would show […]

07/13/22 Weekly Re-Lay Alert: 10-Year Cycle Progression of Inflation – “Today’s CPI report reinforced, yet again, that inflation is alive and well in the US economy.  It is, however, entering a decisive time frame when a peak has long been forecast – in 3Q ‘22.  That precise peak could be seen in CPI or PPI or other measures of commodity price inflation (GSCI, etc.) but the important factor […]

07/09/22 Weekly Re-Lay – “Gold & Silver dropped to new lows after failing to generate any signs of a bottom… Gold & Silver continue to decline following their June 3 highs, peaks that were set during the latest phases of corresponding ~6-week & ~12-week high-high-(high) Cycle Progressions.  They were unable to produce any signs of bottoming in late June and then signaled an additional […]

07/06/22 Weekly Re-Lay Alert: 40-Year Cycle Reset; Phase VIII Begins – “While an intra-week Alert is not normally the place for discussing multi-decade cycles (and this one will be brief), there are times when it is important to distinguish the forest from the trees.  No time is more critical for that undertaking than the onset of a new major cycle. Since 2012/2013, our publications have […]