Where once we dubbed him “Jerome ‘Dead Eye’ Powell” we now, well… you know. I gave some crap to the Twitter rabble rousers who fever pitched the bearish mobs about the Fed’s dovish roll over (man, must they be pissed now) but Powell was only following bond market signals (and by extension the economy’s signals) as the Fed softened up after being firm while the … Continue reading Jerome ‘Dove Eye’ Powell
Okay, so we are not even a day post-Biiwii and yet here comes some research from an outside source. I’ll continue to highlight the good ones on occasion and here we start with Trey Reik and the latest Sprott Gold report. Click the graphic for the 9 page PDF report (actually, a gold mining report). Subscribe to NFTRH Premium (monthly at USD $33.50 or a … Continue reading Sprott Gold Report by Trey Reik
Very simply, the HUI/Gold ratio (HUI/GLD) is back to the rising SMA 50, which supported its last two pullbacks. Making this juncture even more important is the still down-sloping SMA 200. Bottom Line: If HGR holds here it will be notable. If HGR fails to hold here it will be notable. Continue reading NFTRH; Key Gold Stock Indicator at Decision Point (high priority)
Back in Q4 2017 I was making posts about the bubble known as Bitcoin, using this scam artist as an example. The bubble soon topped and blew out. Now, where are we at 1-1/4 years later? Using the Bitcoin Trust (GBTC) as an example, we are above the 50 day moving average for the last month and making an attempt at key short-term resistance. Not … Continue reading NFTRH+; One You May Not Have Expected
It has been a funny week for me. I actually did an NFTRH subscriber update on Friday after receiving an email that began “Gary please update us!” with respect to the stock market. The emailer was asking if it was time to short again. Anyway, the subsequent update for subscribers began… I was not going to update because the market is not doing anything we … Continue reading The Internet is Free, I Tell You! Biiwii Signing Off, Exit Stage Left
