Originally posted at Biiwii.com; thought I’d pop it up here as well.
Below is a summary of some of the aspects we follow in NFTRH to gauge a future investment stance on the gold sector. It is much more complex than simply hearing dogma that seems to make sense and then holding on for dear life…
What seems like an extensive review is really only the basics in the gold sector. That is how involved the many disparate parts are and reflects the level of work required to stay right with this sector. Gold Sector Review @ biiwii.com Continue reading Gold Sector Review…
The 10, 5 and 2 year spreads are aligned with the curve rising and nominal yields declining today. That is theoretically a pro-gold and risk ‘0FF’ alignment. Somebody forgot to tell the stock market. It’s only one day, mind you and this is just a snapshot on a jumpy indicator. Here is the longer view and its trend is market bullish and gold bearish. Hey, … Continue reading Yield Curve Today
A snapshot of current technical status…
GLD made a bearish breakdown below the equiv. of gold 1180. To even think about repairing the technicals, GLD would have to get above 115 at a minimum (gold above 1180).
