Late Friday Night Charts…

Below is a ratio chart we looked at a few weeks ago that compares the $TNX:GLD in black overlaid on top of GLD in red. This chart shows you the inverse correlation between the ratio and GLD. When the ratio in black is rising the GLD is generally falling and vice versa. If you look to the right hand side …

Late Friday Night Charts…The Gold Target

A first time for everything. This week was the first time I ever went to basically cash before the jobs report was released. It’s still too early to know yet  if this was a right or wrong decision depending on what the stock markets do next week. I thought I’d give it a shot as these job reports always seem …