Far be it from me to interrupt a good party, as instigated by our fine fiscal policy making reflationists and the currency and bond manipulating weasel at Treasury, but Uncle Buck is nearing the support cluster from 2008 to 2010. Below that, if they really get the inflation cooking, would come the 2011 to 2013 cluster at 83-84 for the USD index. Subscribe to NFTRH … Continue reading US Dollar Nears Long-Term Support
I was watching KGC this morning, wishing I’d bought it yesterday due to its bullish looking pattern. But the opening gap up kept me on the sidelines. In-day however, it is dutifully pulling back to clear support and so I added it there. The 15 min. chart clearly shows the gap being filled. I’ll give it a little slush in which to muck around at … Continue reading NFTRH+; A Miner Pulls Back to Support, Filling Opening Gap
As the long-term interest rate Amigo continues upward [edit 1.25.18: more on this here], the anti-USD ‘inflation trade’ continues onward and more and more gold bug writers emerge from the woodwork, it is time for a little antidote to the inevitable pitches and hype to come. Everything is playing to script and with this little pullback to a higher low in the miners being resolved … Continue reading A few words on the Gold Sector
