S&P 500 & Gold Stocks, Mirror Manias

We have been working a theme lately about the mania going on in US stocks (some valuations are not overly manic but policy sure is) and also the one going on in the mirror (a fun house mirror at that) in the ugly precious metals sector.

We are in a time of utter reverence for great and powerful Oz-like people doing not so great things to the rates of interest that would be paid to savers and prudent people (Zero Interest Rate Policy or ZIRP), and doing wonderful things for leverage (substance) users, speculators and asset owners (MBS and long-term T bond buying).

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NFTRH Update, Palladium Opportunity & a Note on Precious Metals

I am tinkering around trying to see if I am comfortable with a more active trading opportunity aspect to the NFTRH service.  As such, I found a low risk situation in Palladium, which is an economically strategic mineral.  In other words, in my opinion it is a commodity posing as a semi-precious metal. For anyone who might be interested, PALL is working its way toward … Continue reading NFTRH Update, Palladium Opportunity & a Note on Precious Metals

NFTRH Update, HUI & DUST Hourly (for Short-termers)

The break above the 50 period MA’s on the HUI 60 min. chart with a corresponding break below in DUST, is the first positive technical inkling for a potential bounce or rally in the gold stocks.  We cannot say for sure that this will hold and manifest in a rally, but we can say for sure that this is the first time HUI has gotten … Continue reading NFTRH Update, HUI & DUST Hourly (for Short-termers)