Gold News

Gold Bounces Against Inflation

Inflation expectations that is...

The RATIO of gold vs. inflation expectations (the GLD ETF divided by the RINF ETF) has bounced within a major daily chart downtrend.

To finish turning the macro from inflationary to dis/de-flationary, we'll need to see gold bust its downtrend vs. inflation indicators like RINF.

With seasonal relief still very possibly in play it would not be surprising to see gold fumble around some more in relation to this 'inflation expectations' ETF.

But when it busts upward and marries other indicators of failing inflation well, we'll have our macro pivot, likely in H1, 2023.

Gary Tanashian successfully owned and operated a progressive medical component manufacturing company for 21 years, through various economic cycles. This experience gave Gary an understanding of and appreciation for global macroeconomics as it relates to individual markets and sectors. Along the way, Gary developed an almost geek-like interest in technical analysis (TA), to add to a long-time interest in human psychology. Various unique macro market ratio indicators were also added to the mix, with the result being a financial market newsletter, Notes From the Rabbit Hole (NFTRH) that combines these attributes.

See the full archive of Gary Tanashian.

Please Note: All articles published here are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it. Please review our Terms & Conditions for accessing Gold News.

Follow Us

Facebook Youtube Twitter LinkedIn



Market Fundamentals