
Barry Dawes
@DawesPoints
Helping investors profit in the resources sector Many years experience commodity and equity research [email protected] #gold #copper #ASX #commodities
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#Mining #Commodities Updating this six years later @DawesPoints Global Boom on track Commodity prices over the next decade need to reflect: 1 3,400m in Asia improving living standards 2 High mine capacity utilisation rates in many resources 3 Low stocks of…

Gold Bugs have few headwinds now for the road to higher prices. US$ bull market resuming Big Beautiful Bond Bull Rally after $170bn off the FY25 Deficit $160bn SURPLUS in Sept Deficit/GDP <6% Fed Int exp peaking WTIC <$60 Gasoline<$2 CPI on Monday(down a lot??) ST rates…




Interesting to see many European/UK indices in parabolic melt ups. Coinciding with weak currencies &falling bond prices. Gold in these currencies might hold up longer. Still some way to run yet it seems. Typically parabolic surges lead to market crashes. Not now but within…




The bear markets for these currencies seem to be worsening. A further break lower would see them in free fall to much lower levels & to new multi year lows. Green policies and high taxes will make their deficits v difficult to finance. Capital and talent flight. #gold…




Nth American Major Gold stocks looking precarious. Multi month correction likely. Upsloping wedges, trend breaches and no-confirmation of gold's >$4000 rise. #gold $NEM $AEM $GDX




Wouldn't it be fun if I got this one correct? Will I? Super counter intuitive contrarian outcome. My facts support it? Will the market's facts be the same as mine? Who knows! $14tn in falling ST Bills/Notes. NO ONE owns any LT Bonds. #Gold $GDX $NEM




US Deficit now <6% of GDP. Budget repair underway - est $160bn surplus in Sept. Outlays finally turning down after 30 mths of flatlining. Yields collapsing lower. Big Beautiful Bond Rally. Almost 50% Treasuries maturing end27. >$4tn rolled over at ever falling ST rates…




The bull market in `hard currencies' has taken a brief holiday. They are still in a bull mkt vs US$. We know! The collapse in their bond markets is clearly a short term aberration. You do know currencies rise on rising interest rates and fall with falling interest rates.…




How amazing. The shiny rock sure produces gold fever. Gold blindness. Gold deafness. Gold brain short circuits. Cognitive dissonance against all your faculties of observation. Not US$, bonds, inflation, war. Just the `vibe'. Parabola. Rate of change. US$27tn. #gold…




I fear it is all over. Irrational exuberance. US$ collapsing. It isn't. Bonds collapsing. They aren't. Inflation surging. it isn't. War. Not likely inflation. No Parabolas tell us a lot. Maximum rate of change leads to exhaustion. 220kt overhang. $27tn overhang. #gold…




None of these currencies seems to be looking very bullish. The intraday reversals on the last FFR rate cut seems to be telling that the path is down. Probably very much down as they follow their bond prices. Big Beautiful US$ Rally coming to match Big Beautiful Bond Rally.…




Gold is moving sluggishly to new highs. But major gold stocks seem hesitant and have not matched gold's latest highs. These two heavyweights $NEM and $B look heavy and $KG looks weak. Upsloping wedges and unusual chart patterns here. Did we see reversal days this week? Look…




Medium term action STRONGLY suggest these currencies aren't in bull markets. Big Beautiful US$ Bull Market. Combining with - Big Beautiful Bond Rally Giving Goodbye Kisses to send them lower. Gold Bulls might need to be careful. US$4,000 then bust? #gold




Beautiful US$ Bull Market underway to match Beautiful T Bond Rally. These currencies are now in free fall vs US$. It is clear that a weak US$ has nothing to do with the Gold Bull thesis. Nor a weak TBond market. So the Gold Bull Thesis is ...... Over to you.. #Gold $NEM




The Big Beautiful US$ Rally and the Big Beautiful T Bond Rally are leading to the Big Beautiful Dow 30 Bull Stock Market Boom. Just need Transports to catchup and it will all be on its way away. Who knew! Wall St is still v bearish. Probably all buying Euros and shiny rock.




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