NFTRH Update 5.10.13, Precious Metals

From this morning’s update:  “We noted a potential bear flag and if today ends up being what the pre-market implies, then it would go from a potential to an actual bear flag.” HUI remains in a potential (not actualized) weekly bear flag with 50 minutes to US market close.  So I suppose that means the precious metals can rally on Monday and still remain in … Continue reading NFTRH Update 5.10.13, Precious Metals

NFTRH Update 5.10.13, Morning Notes

With the precious metals getting smashed in pre-US open (are we really surprised?) the lame counter-bear trend rally appears kaput.  Thus, the weekly chart takes over, and this should have been the primary guide for most people as already noted. I have personally lost some money trying to give the gold stock sector the benefit of the doubt for a counter trend bounce but whatever … Continue reading NFTRH Update 5.10.13, Morning Notes