From an NFTRH subscriber who asked me if I know anyone with experience per the notice below. Well, I have a subscriber base full of people with trading experience and also a wider general readership full of them as well. So here is his request. If you are interested you can contact Schopenhauerian22 @ gmail.com (remove spaces before and after ‘@’). Small hedge fund / … Continue reading Help Wanted: Prof. Trader
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 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…
The intermediate uptrend is intact but the $3/lb. area remains a holdout. So, no big “party on Garth!” macro signal at this time. It’s just a boring and over worked economics Ph.D. who hasn’t written the macro prescription yet. RSI has declined from an overbought 70+ and the last time that happened was last June. That was a not so nice signal. As usual, no … Continue reading Doctor Copper Fades
For those who may remember and miss Michael Pollaro’s blog centering on the True Money Supply (TMS) at Forbes, I keep tabs on his updates in a private email group and will occasionally post with his permission. G3 TMS continues to decelerate, though ever so slight, with Euro TMS ticking down 20 bps in Jan to 6.5% YoY, while US TMS remains at a modest … Continue reading Austrian TMS Update
[edit] A subscriber kindly sent in a link to this very informative article. Check it out if U have interest. ;-) Why Renewables Can’t Save the Planet If Steve Saville is correct then I for one am currently something of a contrary indicator on Uranium. That is because while I had been using a chart including Cameco (CCJ) and other miners in NFTRH’s Commodities segment, … Continue reading A Case for Uranium [w/ edit]
