alice

NFTRH Update; A Precious Metals Sub-indicator’s Status (high priority)

The simplest of updates to remind that the HUI/Gold ratio has remained intact throughout the sector pullback and that remains the case today as gold and silver continue to drop but the miners stabilize, for a day at least. Here’s the HGR using HUI/GLD for a real time view. We would want to see the converging moving averages hold and so far they are. That … Continue reading NFTRH Update; A Precious Metals Sub-indicator’s Status (high priority)

silver horseman, horsemen

Where Might Silver Find Support? Here…

Silver is the more excitable precious metal and it has fallen out of bed since we noted the dangerous (albeit anecdotal) sentiment extremes in the gold (and silver) community. Another point of interest? Check out the “BULLISH GOLDEN CROSS!!!” of the SMA 50 above the SMA 200 that preceded the smash down. Further proof that these are better caution signals than bull signals on the … Continue reading Where Might Silver Find Support? Here…