HUI has dropped to a thus far ‘higher low’ to the critical 217 parameter. Gold Bug sentiment is down to 10% by the Sentimentrader data we most often review. The Central Fund of Canada is selling at over a 6% discount to NAV. RYDEX fund flows show little interest in the precious metals. There are other contrarian sentiment indicators that show a positive risk vs. … Continue reading NFTRH Update, Precious Metals
A good article (thanks Tom) about a good man trying to get out ahead of a rising interest rate world; India’s head of the RBI, who is raising interest rates while the US Fed keeps things stable for the rest of the world to start deleveraging. Is this really what is in play, a world setting up to clean up its debts and inflationary excesses?