This week I like to provide purely some larger macro charts - most of my investments have moved sideways or down, but that does not mean the overall thesis has changed. To the contrary, in my view things are becoming more bullish by the day. However the question is "when" will this show up in the markets - not "if'. Regrettably, I cannot answer the when question, but have no doubt this is coming. First:
PMs
For the Precious Metals to go on their bull run, money needs to rotate from the regular assets into Gold and Silver. While Banks have been the main investors in Gold, this has not yet resulted in the larger masses to invest in the companies, which are hence lagging.
Gold Versus the M2 Money Supply:
Gold/Silver Ratio:
Silver:
Gold:
Uranium
First, pls note that the long-term contracting price continues to move up - it is now $78,50. That means, together with the supply limits and tremendous demand, pricing will have to move up over time. Current price action is hence providing opportunities to be taken advantage of.
Oil
The Oil chart is confusing - I do not expect the downturn the chart indicates, but we have to let the chart plahy out and see what happens.
Copper
PMs
For the Precious Metals to go on their bull run, money needs to rotate from the regular assets into Gold and Silver. While Banks have been the main investors in Gold, this has not yet resulted in the larger masses to invest in the companies, which are hence lagging.
Gold Versus the M2 Money Supply:
Gold/Silver Ratio:
Silver:
Gold:
Uranium
First, pls note that the long-term contracting price continues to move up - it is now $78,50. That means, together with the supply limits and tremendous demand, pricing will have to move up over time. Current price action is hence providing opportunities to be taken advantage of.
Oil
The Oil chart is confusing - I do not expect the downturn the chart indicates, but we have to let the chart plahy out and see what happens.
Copper
