All Reports:

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…

As the saying goes “Dr. Copper with a PhD in Economics” because Copper is in everything and when Copper is doing well, so is the economy. As you can see from the first (long term)…

The past three months have been very good for our Buy Cyclicals call and as of yesterday we got a Relative Performance Ratio of the S&P1500 Cyclical versus the S&P500 to finally experience a Bullish…

Today we are recording a Cumulative Money Flow 104 MACD momentum reversal Buy Signal on the S&P GSCI (Goldman Sachs Commodity Index). As you can see below, GSCI’s largest weighting is Oil so it is…

We remain constructive on gold and silver. As we continue to hone in on gold and silver, our money-flow model continues to reflect net positive capital money flows. We need more hard assets evidence even…

Silver’s recent move has taken on the look of a classic “God candle”—trading slang for a near-vertical price surge driven by overwhelming buying pressure. With prices now hovering near $95/oz (Jan. 20, 2026), some of…