NFTRH Update 8.28.13, ‘Real’ PoG & Miners

The problems in the Middle East are messing with an important component of the gold mining fundamental case, crude oil.  So let’s check the status. Gold vs. oil is on a MACD trigger and above critical support by weekly chart. Gold vs. broad commodities is still in a bottoming pattern with critical resistance just above. The hysteria thus far has done nothing to hurt the … Continue reading NFTRH Update 8.28.13, ‘Real’ PoG & Miners