The downward plunge never ends when you think it will. There’s always a lower level. That way gold bug spirits get crushed before those left standing can become “joyous”. Some thoughts from NFTRH 510: Both gold and silver look like they could be in little daily chart bear flags. Oh no! More bearishness on the way! I am getting bullisher by the week. Again, that … Continue reading Gold & Silver: Stuck In Oz; Stock Market: I’ll Get You My Pretty!
Now that the supposed decision (there was no decision) by FOMC is behind us the market can get on with its course for the summer. Here is a chart based update with a few thoughts. The main theme here, other than the daily chart status of each item is how they potentially tie in together for a macro theme. USD is taking its time in … Continue reading NFTRH; USD, Bonds, Stocks, Gold and How They All Tie In (Priority: High)