NFTRH Update, HUI Daily Chart Parameters

There is talk of economic growth and 'taper' in the air and the precious metals are with that script this morning and declining.  As reviewed in this week's report, gold…

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NFTRH Update, Key ETF Charts

In light of market moving events (Goldman’s ‘stocks are over valued’ Monday, JPM’s ‘PC’s are on a comeback, good for semiconductors’ Tuesday and this morning’s entry from the World Bank ‘Global growth to pick up in 2014, led by US’) in the media, we tighten up the ETF focus a bit.

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How [They] Learned to Stop Worrying and Love the [Market]

How I [they] Learned to Stop Worrying and Love the Bomb [Market]  paraphrasing Stanley Kubrick’s great cold war/nuclear paranoia film Dr. Strangelove (1964).

riding.bomb

The USA thrived during a 20th century rife with war, famine and depression.  This was a wealthy country however, founded on principles of self-reliance and valuing  thrift, saving and honest work for an honest return.  Add in unparalleled productivity and economically at least, the positives more than outpaced the negatives.

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NFTRH Update, Precious Metals & Broads

GDX got a boost as the US stock market sagged.  That is more like what we are looking for in the precious metals.  Today GDX is trying to take the 50 day averages.  Here is the view of this important parameter.

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NFTRH Update, A Negative Hint…

On Friday stocks went up, commodities went up… gold went up, with the weak ‘jobs’ report.  All of this presumably because the Fed could decide to back off tapering QE because of the bad report.

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NFTRH Update, Post-Employment & the Precious Metals

Folks, today’s bad employment number is but one sample and it will probably take a trend to confirm anything about a softening economy.  But with T bonds rising hard today and their yield spreads lurching in a gold positive direction, we continue the recent mini trend of improving fundamentals for the gold sector.  Remember, gold is counter cyclical.  On that note…

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NFTRH Update, HUI daily technical status

Another quick review for gold stock traders and investors... HUI has continued to decline in normal fashion.  The gap was filled yesterday as expected and now 195 should hold on…

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