A few interesting pictures 'vs. SPY'... Gold miners have risen vs. SPY since early September. Treasury bonds, hated by absolutely everybody (except maybe readers of this website) in September have…
I really do think we are onto something here. The dead-eyed (that's a compliment) chief of the Fed just looked the market - and the president - in the eye…
We gold bugs still have to heed the technicals, even as the macro and sector fundamentals ram into place (with the notable holdout being the still flattening yield curve due…
Below are the Opening Notes and Bond Market segments from last Sunday's edition of Notes From the Rabbit Hole, NFTRH 530. Jerome Powell was actually more firm than I expected.…
So first off let me own the fact that I'd originally leaned toward a grind with an upward bias into January by this weekly chart. That upward bias would have…
![Read more about the article FOMC Statement [w/ edit]](https://i0.wp.com/nftrh.com/wp-content/uploads/2018/10/fed.png?fit=303%2C123&quality=80&ssl=1)
[edit] A solid showing from Mr. Powell. Not to be bullied by the Twitter-holic-in-chief, the Fed stays the course and adjusts language slightly but shows strength and independence in the…
I am on record as leaning toward a seasonal rally (with the FOMC wild card stuck right in the middle of the deck), but it has been elusive as we…
It never ceases to amaze me, the fringe benefits I receive by simply having taken a shot at putting my thoughts (and charts) down on virtual paper to see if…
Below is the weekly chart view of gold vs. the 'Dollar bearish' fund UDN. I get so caught up in the fascinating views of gold vs. the aspects of the…
HUI daily has finally filled the upper gap at around 160. That was target #1, along with the SMA 200, which is declining toward that area (currently 162.64). The next…
Just a heads up that SSRM, which was originally spotlighted last week, is furthering its breakout out today. Here is the daily chart. And here is the weekly chart. There…
I covered most of my short positions today because I am the last person you want to ask to give you a firm backbone if you want to remain resolutely…
Much to the bewilderment of inflationist bugs everywhere gold stocks are doing this today while commodities and inflation expectations continue to tank and the stock market goes in the crapper. …
[edit] I had actually been concerned about whether I’d be able to cover shorts effectively this week, assuming the bullish Santa seasonal, contrarian bullish sentiment backdrop and a Fed whispering…