Weekly Economic Update 01-13-2017

The Gold edition! We are very close to making a move into gold and gold mining stocks as all my indicators are lining up for a trade in. In this week’s update, in addition to going over our normal economic data, I am going to break down in more detail the target buy points, expected sell points, what I’m looking for to make the final call and what could keep us from making these trades.

Bonus Section: CPI index vs recessions; gold / silver ratio; gold price history; support and price analysis for: 10-year Treasury yields, Gold and Gold Miners, and Treasury bonds; Elliott Wave theory and how it relates to gold; macroeconomic indicators; percentage of stocks trading above their moving averages; total put/call ratio; and charts from the recent Commitments of Traders report.

Weekly Update (8 min):

  • Jobs Report Update
  • China CPI Decelerates
  • More November Data
  • Holiday Sales
  • Inflation
  • Bonds During a Recession
  • What if I’m Right or Wrong?

Bonus (16 min):

  • S&P 500 vs M1 Money Stock
  • iShares 20+ Year Treasury Bonds (TLT) vs M2 Money Stock
  • Consumer Price Index vs Recessions
  • Gold / Silver Ratio – 30 Years
  • Gold Price – 30 Years
  • 10-Year Treasury Yield (TNX) Support Levels & Price Targets
  • SPDR Gold Trust (GLD) Support Levels & Price Targets
  • Vaneck Vectors Gold Miners (GDX) Support Levels & Price Targets
  • iShares 7-10 Year Treasury Bond (IEF) Support Levels & Price Targets
  • Elliott Wave (Complete)
  • Vaneck Vectors Gold Miners (GDX) Elliott Wave
  • S&P 500 vs % of S&P 500 Stocks Above 50-day MA
  • S&P 500 vs % of S&P 500 Stocks Above 200-day MA
  • S&P 500 vs Total Put/Call Ratio Relative to its 20-day MA
  • Commitments of Traders – S&P 500
  • Commitments of Traders – 10 Year Treasury Yield
  • Commitments of Traders – US Dollar