Archive for February, 2016

US Dollar Long Trend Chart

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Here is a chart of the US Dollar that tells a clear picture.

 

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It’s relation with Gold can be seen as opposite.

 

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Economic Update

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The following is latest charts on copper and Baltic Dry Index.

 

Copper tried to rally stopping at 2.10 back down to 2.02.

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In the weekly longer term, it has been consistently down over last 3 years.

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and for the Baltic Index, it keeps reaching lower lows, now at 290. 

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Looking at a longer term chart 2001 til recent, can see that it was once in 2007 at 11,400.

On the precious metals (gold) end, we have uptrend

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Created primarily due to the drop in US Dollar as of December 2015.

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A much longer term shows that 2011 US Dollar appreciated and Gold would downtrend.

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