The aftermath of the COVID crisis and the ongoing Ukraine conflict has been a surge in inflation to level not seen in a long time. From globalization and fear of deflation to friend-shoring and fear of inflation. Looking back at the last 40 years, summer 1982 marked the start of...
Obs: if you click on the charts you get a wide picture I like to use the PRING Inflation and Deflation index. Deflation-sensitive stocks include industry groups such as banks, insurers utilities and so forth. These equities tend to outperform when economic conditions are either weak or in the early phase...
Back in July and August 2020, I had published updates on the yellow metal since Silver had broken an important resistance. Here is an update of GOLD/ZROZ (US treasury 30 year zero coupon bonds) or..future long term cash! (Above chart) GDX (Gold Miners)/ZROZ. Precious metal investors (Gold Bugs) have been a bit...
COVID 19 has exposed many weaknesses of our system. Mainstreet awareness that things are not working the way it should be, is increasing fast and the clock is ticking. In SGG’s approach, I highlight one question “Do Central Banks have such unlimited power without unintended consequences? In Princes of the...
SGG is exposed to the precious metal complex (Metal & Mining). Here is just an update from basically one year ago which has some importance. GOLD & SILVER ratio against future cash have broken some important level. SILVER ratio against the US Zero coupon bond Here GOLD ratio. Still waiting for a...
Technology will become a very important tool of Monetary and Fiscal Policy. Edward Snowden has exposed to us how the big tech industry became the "monitoring" arm of big government. Did anything change? Not really in my view. COVID 19 has exposed many fractures of our system. Government and...
The iconic S&P 500 index offers many instruments to market participants. Price changes are obviously very important but looking at trading volumes across instruments is an interesting way. Here are a few charts: The light redish line is the S&P 500 index and the Green line is the OBV (On...
In "Will the shone of Gold last 1" from august 2019, some charts were presented to get a better grasp of the situation. SGG has recently reduced its overweight position to the precious metal complex. Several reasons behind such decision but oneof them is the performance of the yellow metal...
