TFMR Podcast - Friday, July 18
Download Podcast (Right Click + 'Save As')
Wow, what a week! A Cartel price smash followed by a MalAir airline crash and then today the markets act as if it's all NO BIG DEAL. Just more of the same here at The End of The Great Keynesian Experiment.
Today, we start with a look at the HUI, which rebounded nicely and went out at its highs of the day:
And then check out this intraday chart of gold. The UPside resolution of the pennant should be a good sign for Monday:
Here are updated weekly charts for you to consider:
Next, listen for me to explain these monthly charts to you:
Having done that, now please watch these two presentations from Morris Hubbard:
Finally, with The Long Bond once again at 2014 low yields, here's another chart of it plotted with gold:
And please be sure to read this extremely important piece from Zero Hedge:
That is all for now. Have a great weekend.