Precious Metals End of Week Technical, CoT and Fundamental Status

After an interesting week and to allow more focus on charting the miners this weekend, we again offload much of the NFTRH Precious Metals segment’s content to the public site. The following is (hopefully) going to be long on charts and relatively short on words (sighs of relief palpable…). HUI/Gold Ratio is intact to its higher lows from September. This was a logical bounce point … Continue reading Precious Metals End of Week Technical, CoT and Fundamental Status

Copper Fades to Support Nominally & vs. Gold

Copper futures are testing the support area again after dropping below the daily SMA 50. Not too stellar there, Doc. Copper/Gold is testing its 2019 bullish trend now. A cyclical macro inflation situation would depend on indicators like this remaining intact. Gold may not care much whether an inflation is cyclical or counter-cyclical (stag) but copper is a very different story. And if we go … Continue reading Copper Fades to Support Nominally & vs. Gold