Daily Archives: May 31, 2016

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NFTRH Interim Updates

NFTRH; A Look at the Miner Bounce (GDX, GDXJ & SIL Daily Charts)

A technical update using daily charts for those micro managing the daily moves and shorter-term trends.  Fundamentally, I like that the stock market and crude oil have reversed downward today, but one in-day reversal there does not change recent fundamental discussion just yet.  But it is reflective of what would need to be happening on a sustained basis for me to get aggressively bullish the gold sector.

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May 31, 2016
Currencies

Gold, Silver & USDJPY

Gold bugs especially should be watching Yen and USD.  The trend is against Uncle Buck and with the Yen and if that holds up we could be looking toward the…

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May 31, 2016
Currencies

Yen Breakdown?

The Yen index has dropped below the 50 day averages for the first time since January, but has not made a lower low.  So it remains in an uptrend, but…

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May 31, 2016