$GVZ Weekly

We could see surprise volatility in the gold price volatility weekly chart, but for the moment the trend for gold price volatility is down.

I'm thinking though, that derivatives options expiry happens a couple of days before monthly options expiry, and a week before precious metals expiry. So this week could bring some action along with it.

http://schrts.co/bZi84z

$Gold/$Silver Weekly

By now the gold/silver ratio has bounced back after a couple of weeks of ennui. As this is a strong indicator of credit market infarcus, a breakout to previous highs would mean the bear market is on.

It's within a hair of doing so.

http://schrts.co/rvlgan

$IRX Weekly

We are in a new type of price-borne yield curve inversion by means of the dollar rally, carrying low interest U.S. treasury yields over longer dated European bond yields. A flattening of the yield curve at this point would imply a decline in the U.S. dollar, a decline in the major indeces, and the advent of negative rates in the U.S. But this would also have implications for the $CAD, since interest rates remain above those in the U.S.

http://schrts.co/SXgMle

$ONE:GBN.V Weekly

The barn door has been let massively wide open to GBN.V management with the steepening if the yield curve, and a decline of interest rates in Canada. The gold price in Canadian dollars is by far and away strong enough with a significantly strong margin to allow for the implementation of their expansion plan.

For the most part, technical indicators have sorted out the buying opportunities, but no selling opportunities. Presumably the 'start-up' of operations is within the time they have to start recalling employees, giving them enough notice.

http://schrts.co/9RlrT1

via CEO.ca - The Mysterious Waterton Returns

I think that Waterton is Sprott and they're looking to pick up distressed properties. But it makes me think that it's all a tax dodge, since Waterton is based in the Cayman Islands. Certainly GBN.V can write off any drilling expenditures if they only show below cut-off grade cores. Let CEO.ca know they missed one.

Just as Waterton is one person's tax dodge, so too can any swap arrangement between business corporations be snazzled up in a pinch, and written down in a pinch.

http://ceo.ca/2015/06/11/private-equity-mining-fund-waterton-global-makes-another-investment-in-nevada/

-F6