All Reports:

As of yesterday’s close, we officially rotated from our Risk-On/Cyclicals, High Beta, Offensive Assets to our Risk-Off/Non-Cyclical, Low Beta, Defensive Assets. Below we show our Money Flow Model signals and the performance that was achieved…

The recent sharp selloff in gold and silver across futures and spot markets highlights how strongly short-term pricing is driven by paper positioning rather than purely by physical supply and demand. Large futures and options…

Today is the day, not only is our Money Flow Model (low frequency) turning Bearish with Friday’s close, but our High Frequency Money Flow Breadth continues to look very ominous with triple negative divergence on…

Our Money Flow Model signal is getting closer, now 2bps away from the Risk-Off/Bear Cross. When it happens, we will sell our equal-weighed Cyclicals and buy our equal weighted Non-Cyclicals. Below we show three very…

Wouldn’t it be great if, while U.S. markets are crashing—yesterday, today, tomorrow, over the weekend, and for many weeks and months to come—we recognize from our perspective why we must not delay mandating and acquiring…

The Shanghai Gold Hoard Is Forcing Gold Into BofA’s Bubble-Risk Zone. Capex spending has increased across the board. The market is just rewarding the ability to monetize it, while placing question marks on companies that…

Well, I did not see that one coming, I really thought it would turn negative today! Not only did the Model not turn negative but the faster moving average turned up and is now rising…

Well, I think it is safe to say our Money Flow Model will be negative by tomorrow as we are now 5bps away from a Negative Cross/Sell Signal where we will Sell our Cyclicals/Risk-On/High Beta…

Recent geopolitical shocks and rate-linked policy moves have pushed investors back into gold, silver, and select industrial metals, marking a renewed leg of the “debasement trade” as hard assets gain favor amid currency devaluation and…

Over the past 18 months we’ve favored gold and silver as practical hedges against a steadily weakening U.S. dollar, viewing both metals as strategic supports to confidence in the broader monetary system. With the gold–silver…

We continue to have more evidence that the non-cyclical trade is setting up for Alpha Production. Below is the Relative Performance Money Flows of our All-Cap Non-Cyclical versus Cyclical and the counter-trend positive divergence buy…

On January 22, 2026, gold posted what technicians call a “golden reversal,” after reaching a record high near $4,888 the prior day and then forming a textbook “shooting-star” candlestick, a pattern that typically signals short-term…

According to Reuters, a proposed 68-page U.S. bill would establish a federally governed stockpile of critical minerals including Silver, lithium, nickel, and rare earths, underscoring Washington’s push to secure supply chains vital to energy transition,…

I have to say it looks like the Model is going to turn negative as it is now +32 bps to a Negative Cross/Sell Signal. We are watching with batted breadth as our longer-term moving…

Silver’s price action is no longer being driven primarily by macro factors such as growth, inflation expectations, or Fed policy, but by rising stress inside the futures market itself. Price discovery in silver is dominated…