Armstrong
Aside from sounding consistently self-conscious Martin Armstrong seems to find a need to wrap basic and well known (or what should be well known) concepts in cloaks of mystery that…
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May 18, 2016
US Stocks and Precious Metals
Having fun yet? If you are a bull or a bear you have probably been annoyed plenty lately as SPX builds out a cute little H&S pattern and chops everybody…
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May 17, 2016
NFTRH; Gold Stocks, USD and the ‘Inflation Trade’
Here we play the short-term technical game again despite the gold sector running against its own fundamentals (i.e. as the ‘inflation trade’, including mining cost input oil, continues higher). At some point this will matter.
But on the other side of the coin are price, momentum and technicals. A Monday open can be a tricky thing, but as of this moment GDX is in a posture to break the most recent consolidation.
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May 16, 2016
Monetery Metals on Gold, Silver, USD and Confidence
Among a select group of writers (aside from myself) published at Biiwii is Keith Weiner of Monetary Metals. This morning we have published the following... Gold Demand Falling He is…
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May 16, 2016
NFTRH 395 Out Now
41 pages to make a few simple points? Well yes, a few simple, yet critical points and a whole lot of other perspective and updating of the whole global financial…
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May 15, 2016
Gold, Silver, Stock Market
I could write a long, detailed post trying to encompass global stock markets (generally bearish), commodities (bounce very mature) and bonds (mixed views, depending upon the flavor) but that is…
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May 13, 2016
Gold-Silver Ratio
Just a public service reminder from your friends at NFTRH that a rising Gold-Silver ratio would go hand in hand with pressure on most asset markets. So, you might want…
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May 12, 2016
NFTRH; US Stock Market Technical Situation
Yesterday’s hard reversal of Tuesday’s bullish move was an unpleasant development for the bulls but this morning, plucky as ever, they are back at it trying to bull the market again (SPX +13.50, NDX +27.50, Dow +87).
Recall that we were using the EMA 20s (orange dotted line on SPX and blue lines on NDX and Dow) as a key for the short-term. On Tuesday SPX and Dow popped above the EMA 20 but the NDX stopped right at it. NDX is a leader.
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May 12, 2016
NFTRH+; Klondex Pullback Buy Opp. Level
Klondex is one that I have considered a quality miner to this point, but it is getting hit on its quarterly loss of .01/share today. Here is a roundup of the results and outlook. Please do your DD if interested.
As for the technicals for those interested, it is pretty cut and dry, with lateral support, the 50 day moving averages and a channel line coming into play in the 3.00 to 3.20 area.
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May 11, 2016
USD and Silver
Uncle Buck has bounced about to the expected high (if this were to remain a bounce only). There is a lot of resistance from the current level to around 94.50. …
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May 11, 2016
NFTRH; Another View of HUI Support Parameters
We have been talking about the EMA 20 on the gold stock ETFs and HUI as the first level of support. Here is the view of HUI holding that area (orange dotted line) so far.
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May 10, 2016
Inflationist Gold Bugs Have Driven the Rally
[edit] The post began as a simple view of the inflationary dynamics in play within the precious metals market but as sometimes happens it, err... expanded. Please excuse the wordiness. …
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May 10, 2016
Uncle Buck Continues to Bounce
We fully expected a bounce attempt by USD (daily UUP shown here) and to this point that is all it remains, a bounce. It could pop the EMA 20 to…
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May 9, 2016
NFTRH; GDX Daily Parameters
A quick look at GDX as a general guide to the gold stock sector. The pre-market indication is that GDX will fill the gap up from last week. After that…
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May 9, 2016