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…
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…
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…
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…
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.
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.
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. …
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.
[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. …
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…
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…
Excerpted from NFTRH 394's 20 page review of the precious metals sector, which included the following segments... Part 2: Gold Miner Weekly Charts (AEM, GG, HL, ABX, KLDX, NGD, NEM,…
I've got to run as it's time to get ready to take out Mom, so here is the majority of the email that accompanied the report to subscribers this morning. …
There has been a lot of talk about how gold is not a good inflation hedge. Indeed, with the recent bounce in inflation expectations, this was shown to be true…