US Dollar index looks to be in bullish uptrend.

Well I was discussing this with a friend and we concluded where is the US dollar bear market and the downturn that so many are looking for? Nowhere right now. Three charts. Massive breakout for massive falling wedge has occurred. It's going to take a lot to reverse this dollar bull run.

Nasdaq crash clinton blair speeches march 2000

Nasdaq crash Clinton Blair speeches 14th March 2000:

The coincidence and/or causality that the Blair and Clinton speeches on biotechnology and the human genome intellectual property issue as of 14 March 2000 and the Nasdaq crash that started the very next day:

Also see here:
https://clintonwhitehouse4.archives.gov/textonly/WH/New/html/20000315_2.html and here https://science.sciencemag.org/content/287/5460/1903.1 for commentary but no need to sign on there because the text is on the first link and is repeated at the bottom of this post.

Well, what happened on the 15th of March 2000?

"JOINT STATEMENT BY PRESIDENT CLINTON
AND PRIME MINISTER TONY BLAIR OF THE U.K.  In the last decade of the twentieth century, scientists from around the world initiated one of the most significant scientific projects of all time: to determine the DNA sequence of the entire human genome, the human genetic blueprint. Progressing ahead of schedule, human genome research is rapidly advancing our understanding of the causes of human disease and will serve as the foundation for development of a new generation of effective treatments, preventions, and cures.
To realize the full promise of this research, raw fundamental data on the human genome, including the human DNA sequence and its variations, should be made freely available to scientists everywhere. Unencumbered access to this information will promote discoveries that will reduce the burden of disease, improve health around the world, and enhance the quality of life for all humankind. Intellectual property protection for gene-based inventions will also play an important role in stimulating the development of important new health care products.
We applaud the decision by scientists working on the Human Genome Project to release raw fundamental information about the human DNA sequence and its variants rapidly into the public domain, and we commend other scientists around the world to adopt this policy. "

Gold action now inside the huge pitchfork and guess what? $1900 almost here.

Here: http://1000gold.blogspot.com/2020/06/enormous-pitchfork-in-gold-in-play.html
I proposed that the move above $1780 could mean a slingshot move in gold. It happened. Now gold spot price flirted with $900 today. This chart was as of Wednesday:

Enormous pitchfork in gold in play again now after 8 years.

Enormous pitchfork in gold in play again now after 8 years.

This was hand drawn owing to lack of suitable software for drawing pitchforks but the point is clear! Enormous move in gold is possible from here on, to $2100 or more to get to the median line of the old pitchfork that encompasses trading right back to the pre-insane days near the end of the 1999-2011 bull market. Alternatively, gold fails here at this $1760-1800 level and that could be the end of the bull for quite some time. The multiple pushing upwards against this line hints at a real battle between buyers and sellers going on here and constant buying pressure. If it breaks above, those sellers will probably become buyers and the up move could be very quick indeed.

Coronavirus forecast charts COVID-19.

I have some data analysis and forecasting for the outbreak of 2009 novel Coronavirus, n-Cov, now re-named COVID-19.

The charts are self explanatory, all copyright David Bellamy 2020 and may not be re-published without permission.

Forecast for world cases under current conditions (see legend). This effectively amounts to world cases under the assumption that the epidemic is confined to China and principally Wuhan and Hubei Province.

Forecast for world cases under current conditions (see legend). This effectively amounts to world deaths under the assumption that the epidemic is confined to China and principally Wuhan and Hubei Province.

However, Daily % New Deaths are higher than daily % New Cases:

Much more data and analysis to come.

Silver to break to the upside soon?

Watching the trading over the past few days, silver has been outperforming gold. Yesterday (Tues 16 July) in particular, gold was flat to down, whist silver was up around 35 cents. The 3-day charts on www.kitco.com clearly showed the trading for silver was stepping higher over the past three days whilst gold was within a tight trading range.

Now, today, there are up-moves in both metals, gold +1.26%, silver +2.58% about a 2x out-performance on the upside move.

There has therefore been a down-move in the gold:silver ratio from its extreme levels of late around 95:1. A gap in fact. Will this gap be "filled" as many like to predict in these instances? Is a gap in a ratio like this as valid as a gap on the open in a stock and how about in commodities like these where there is nearly 24 hour trading - although I guess stock futures trade out of hours too? I cannot tell.

Gold green in all currencies often.

It's always nice to look at Kitco's gold in currencies table and see all green.
Bitcoin is strategically placed just underneath this table to make goldbugs envious: