It occurs to me that in public writing I tend to bludgeon people with macro fundamentals (like gold vs. positively correlated markets, yield relationships and even confidence in global policy…
We have noted the key pullback support level equivalent to HUI 140 (GDX equiv. is 16.90) and so far this has not even been tested (the lowest GDX got was…
This post is being sent to the entire list (as opposed to NFTRH+ email opt-ins) because I need to check the '+' list for accuracy before using it, and have…
USD-JPY is the most interesting as it broke its uptrend and remains in that mode. Apparently, USD is no longer the main risk 'off' liquidity currency; Yen is. USD-EUR is…
As the market bounce and gold reaction proceed forward, it will pay to keep an eye on the macro theme that I think is more important than most others, gold's…
On a daily chart of HUI we have 140 as key support. As with gold, I'd like to see the 38% Fib from the January low contain the pullback and…
The daily charts of HUI, GDX and GDXJ below show pullback support zones as the (mini or maxi) reaction from over bought status takes hold. As noted, HUI 140 is…
Wax On We should understand that the market is just doing what it does. I was beginning to wonder if they would be able to put the wax back on…
It is a tiny sample size of course (and so, just for fun) but... Bad News My article Gold's Macrocosm: The Planets Align brought a comment from Gold Seek calling…
It's another week further into the macro backdrop that we have worked hard to anticipate for a long while now. Anticipation is one (sometimes frustrating) thing, but 'actionable' is quite…
Thank you for your subscription to NFTRH. Unfortunately, the email associated with your PayPal account was kicked back to me as not deliverable (error 5.1.1, invalid email address). Please contact…
We introduced the graphical view of the preferred counter-cyclical environment for gold and especially the gold stock sector in July: Macrocosm. We have updated the view several times since at…
The futures are bouncing and this comes right from the literal last ditch technical point as shown in yesterday morning's update edits. There was literally no lower that the indexes…
I want to again reiterate that what we are seeing in the gold sector is a launch, not a terminal blow off. It is important to keep this distinction clear…