Gold… and a Ramble
There seems to be a cottage industry out there, led by a very smart man with a very smart computer, who calls anyone who says anything bullish about gold a…
There seems to be a cottage industry out there, led by a very smart man with a very smart computer, who calls anyone who says anything bullish about gold a…
Last week when GDX pulled back hard we reviewed an NFTRH+ update and target of 23. Yesterday and this morning it hit that target and today, poetically, comes the next…
Gold-Silver ratio continues to imply that Uncle Buck can take a break and that inflation-sensitive items may catch a break. Subscribe to NFTRH Premium for your 25-35 page weekly report,…
A snapshot of current daily technicals…
Precious Metals
GLD broke up from the pattern neckline and smashed through the SMA 200. That area around 120 is now key support. Upside target measured off the pattern has been around 128, where it would be very over bought.
The 10→5→2 spread is settling down again today, with all yields down. There is little sign of systemic stress today by this measure, although a more risk 'ON' look would…
The last time this chart was shown, just 1 week ago, it was in channel breakdown mode for the first time since the Age of Inflation onDemand © began in…
As posted at Biiwii... Improving Macro Backdrop In light of a shifting global macro backdrop that we can finally sink our teeth into with respect to a bullish orientation on…
There is a lot happening across global financial markets. We go in depth into US stocks, review global stocks, make sharp points about commodities, cover macro indicators in depth and…
One thing I like about volatility; it is predictable when it becomes a cycle. That's not to say this volatile up and down phase will last. Indeed, it won't. It…
As if it were as easy as all that the market looks like it is trying to find support after we noted its state in pre-market. It is not as…
What I mean by "Bounce" is not necessarily in the stock market, which is a candidate for one. But in the inflation story. Per the post on T bonds and…
US Stock Market The stock market is down again in pre-market. We are at a point where technicals will start breaking down or another big bounce reversal will begin. For…
The Banks (BKX) have been leading the broad US stock market (SPX) down into this bumpy ride as T bond yields tank ever further. While the intermediate picture features varying…
Yields down, curve up. The mini-trend (and risk 'OFF') continues. 30 vs. 5 for your real-time reference... This financial market disturbance is now looking pretty Octobery. That one drew out…