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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