HUI, 1 Gap Down…
How many more gaps to go? The thing came within 1.89 of the general target (275). Today it's dropping to fill a momo gap. There could also be more momo…
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July 7, 2016
2 Horsemen Still at Odds
The Gold-Silver ratio and Uncle Buck usually ride together but not through the post-Brexit landscape. US stocks and Treasury bonds often go opposite each other, but not during the post-Brexit…
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July 7, 2016
About That S/T Top in Crude Oil
First of all, it is not a top in crude oil; it is a potential top that has so far held initial support at its neckline. Secondly, if it does…
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July 7, 2016
SOX Fills the Gap
The Semiconductor Index has filled a gap and maintained a series of higher highs and higher lows. So what did I do? Nothing, other than take profits on a couple…
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July 6, 2016
HUI Nears Pattern Target
I will be the first to admit that I do not consider chart patterns to be nearly as important as support/resistance and trends in TA. Still, I am a sucker…
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July 6, 2016
NFTRH+; A Gold Explorer/Developer In Consolidation
Dalradian Resources (DNA.TO/DRLDF) is a stock that had been previously recommended by Mark at IKN, but which fell out of favor after a bad financing deal last year. I believe Mark recommended profit taking and moved on. This is actually irksome to me as well and so I do not have the warm and fuzzies here. Just trying to find laggards with good upside potential for patient holders.
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July 5, 2016
Crude Oil Looking Gross
This pattern in USO is not at all pleasing. Interestingly, it comes just as the 'Golden Cross!' (of the 50 MA above the 200) hype was about to rev up. …
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July 5, 2016
Still Counter Cyclical
A point I tried to make here on the site at the end of last week and in the weekend report is that I got excited, like a lab geek…
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July 5, 2016
Ain’t Nobody Knows Nuthin’
Back on April 1 I wrote an article titled Deprogram Yourself. I was fed up with both promoters and robotic followers in the financial markets. All markets have promotions and those who lap up said promotions, but the gold “community” of honest money advocates (code for a casino patron who thinks he is more righteous than other casino patrons) is the most dogged and belligerent of them all. Into this mix come the promoters, gurus, pitch men (and women) and con artists to ply their trade, always tugging at the emotions of all too human financial content consumers.
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July 4, 2016
NFTRH 402 Out Now
Last week this site got semi hysterical about inflation because a new signal came about in the relationship of silver to gold. This was added to 'push' inflation that we…
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July 3, 2016
I Am Going to Stop Writing the Word…
...inflation. I have been absolutely pounding you with it since before the Bremain/Brexit Kabuki Theater and I am getting tired of hearing myself say it. Besides, I could be wrong. …
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July 1, 2016
Meanwhile, ‘Push’ Inflation Brews in US?
The ISM RoB continues on our theme of inflationary growth, as first indicated in the Semiconductor Equipment sector while everyone was freaking out about the backward looking employment situation. Full…
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July 1, 2016
Silver-Gold Ratio & TLT, Strange Bedfellows
Well, it is a fine pre-holiday Friday and I am hoping that what is going on now marks the start of a phase where I can stop trading so much and do my favorite thing, which is to make like Old Turkey, be right and sit tight.
The Silver-Gold ratio and its implication, inflation, barring an epic reversal of recent events, seem to indicate that will be the case.
SGR daily…
SGR weekly…
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July 1, 2016