Precious metals continue to show little sign of technical improvement, with gold losing the Triangle and the HUI not showing a clear sign of a bottom.
Commodities continue bearish with copper notably at a critical support level and now the broad US market is right on the edge of breaking down. Meanwhile, Uncle Buck looks bullish.
There is a whole lot of other stuff going on within this situation. It plays into a theme for the balance of 2012 that would see controlled inflation expectations into the run up to the US presidential election.
NFTRH187 out now.
http://www.biiwii.blogspot.com
http://www.biiwii.com
http://www.biiwii.com/NFTRH/subscribe.htm
Commodities continue bearish with copper notably at a critical support level and now the broad US market is right on the edge of breaking down. Meanwhile, Uncle Buck looks bullish.
There is a whole lot of other stuff going on within this situation. It plays into a theme for the balance of 2012 that would see controlled inflation expectations into the run up to the US presidential election.
NFTRH187 out now.
http://www.biiwii.blogspot.com
http://www.biiwii.com
http://www.biiwii.com/NFTRH/subscribe.htm

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