The growing conviction on the 'taper to carry' plan has helped me hold onto the KRE and IAT Regional Bank ETFs, but they are very over bought on both daily…
Crude oil as represented by the USO fund, is breaking out today. The Gold-USO ratio is declining. This is a trend that does gold mining no favors whatsoever, fundamentally, since…
Here are 60 minute charts of some widely followed precious metals items, RGLD, SLW, GG and GDX. Each shows what is thus far a normal (if anything is ever normal…
Gold has been hammered to a hair below 1200, with 1150 but a drop in the bucket now for battle tested gold bugs. More interestingly, silver is green and more…
It looks like the opposing action of gold and silver to the stock market will come into play soon. With the metals free falling (conveniently right to what look like…
Precious Metals - Swoosh This morning's update was going to be a normal, pre-market notes type of thing. Then I saw gold and silver down more than $50 and $1…
First the disclaimer: I have tried my best to keep subscribers abreast of the risks for the last half a year or so. HUI is now 240 points lower than…
Risk is OFF [ed: 'Risk Off' might seem obvious this morning, but NFTRH has been highlighting acute risk in the US stock market since leading indicators - including a sentiment…
The preferred scenario is for the market to bounce to the equivalent of the 50 day moving averages on the SPX (currently 1614 & 1618), per this morning's pre-market update. …
Bonds T bonds broke down hard as 'taper' hysteria hits home. We might again question whether this is due to the Fed's supposed decision to one day taper or a…
Gold: -$57 at 1294. Silver: -$1.49 at 19.86 Both metals are at or near their next support levels, which are gold 1250 +/- and silver at the significant 17-20 range,…
How to play the FOMC? Does it matter beyond "manage risk?" asked the robotic blogger.* The Fed has been using its jawbones as well as talking out of every other…
A subscriber asked about whether I covered my bear positions based on today's open and the trend line breaks as I noted I would. The answer is yes, win some…
The recent activity - mind numbing as it seems to be - is actually constructive for the HUI with respect to a potential counter trend rally at least, and bear…