Monthly Archives: August 2026

07Aug2:58 pmEST

Afternoon Update 08/07/26 {Video}

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05Aug3:18 pmEST

And Now Here Comes Gold

To follow-up on yesterday's piece about platinum and palladium , gold and silver are confirming the potential bottoming action today. On the GLD ETF (for gold bullion), below on the daily timeframe, note the surge in buy volume (bottom pane) accompanying the price breakout from the base bottom.  While it is certainly true that GLD remains...

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04Aug2:39 pmEST

New Beginnings

"New beginnings are often disguised as painful endings." -Laozi Seasonality for the precious metals and miners continues to favor September. However, one can envision a scenario where the painful ending of these various multi-quarter corrections in the sector comes to a conclusion here in August before turning higher with sustainability next...

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03Aug2:29 pmEST

No More Taco! I Want French Fried Potaters

It seems like the algos are the only ones these days who do not recognize just how absurd the war "on-again, off-again" pattern is conveniently playing out around market hours and weekends. One has to wonder just how scary markets will become if and when the algos finally flip and begin to sell everything, regardless of perceived "TACO"...

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