Chart of the Day: Real Rates

Real rates
Note: Real rates are calculated by taking the rate of inflation and subtract interest rate. If real rates are negative, it means that your purchasing power declines even if you deposit your currency in a “savings” account. Precious metals love negative real rates because of...
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March 15: D-day?

Gold
With only a few short days away from three potentially big catalysts, it is interesting to see that gold and the miners are poised for a big move…   Gold is reaching the end of a multi year wedge formation     GDXJ (Junior Miners)...
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GDXJ: Big move coming?

GDXJ
The last couple of days of slaughter in the metals and mining space saw GDXJ turn down from over head resistance in the form of a descending ceiling. With three potentially big catalysts coming up around March 15 along with now narrowing wedges in the GDXJ chart,  we could...
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