15 April 2024 – 08:44 Central Euro Time

The week begins with the Bond at present below its Neutral Zone; above same are the Euro, Swiss Franc, Gold, Silver and Spoo; and BEGOS Markets’ volatility is moderate-to-robust, notably for both Silver and Copper. The Gold Update cites our 2375 forecast having been achieved (last Tuesday); even so as price remains cheap relative to debasement valuation, Gold on a near-term basis remains excessively “overbought”: currently 2374, the Market Value smooth valuation line is but 2192. Looking at Market Trends for all eight BEGOS components, the 21-day linregs are positive for Gold, Silver, Copper and Oil; such trends are negative for negative for the Bond, Euro, Swiss Franc and Spoo; on balance, a rather an inflationary view, that. The Econ Baro starts a fairly busy week with April’s NY State Empire and NAHB Housing Indices, March’s Retail Sales, and February’s Business Inventories.