NFTRH Interim Update 4.21.13, Gold Miners Status

Here is a daily chart of the GDX. Last week’s huge volume has thus far not been followed up with anything dynamic to the upside.  In fact, the activity looks like the lame recoveries after previous plunges.  These have taken the form of bear flags that served to reset status from over sold to fuel new declines. What is happening now could be another one … Continue reading NFTRH Interim Update 4.21.13, Gold Miners Status

NFTRH Interim Update 4.21.13, Precious Metals Bounce Parameters

Due to a commitment I made to my wife (some commitments have got to be kept, or else!) I may not have much time in front of a computer today.  So if anything notable and/or dynamic happens I may not be ‘on the spot’. At the moment gold is up about 20 bucks and silver about 20 cents.  We are after all, managing a bounce … Continue reading NFTRH Interim Update 4.21.13, Precious Metals Bounce Parameters