So February comes around (with HUI at a long-held NFTRH target by the way) and I complain about the golden bull horns mustering the troops onto the Au 3000 Express and then recap with gold sentiment lesson #3000. I become nonplussed when those clowns jump to the front of a parade that is already in full march to the promised land and try to promote … Continue reading IKN on Anger and the “State of the Mining Industry”
Some humble corners out in the frontiers are not buying it. A not so humble (but relatively modestly valued) super power is not buying it either. Even Europe has been grinding a moderate uptrend since December. And then there’s the Modi-infused India. If the Fed rolls over as expected I think a lot of this stuff is going to out-perform the US to a significant … Continue reading Is it Really the US Über Alles?
A super simple update using the daily chart that has appeared in NFTRH over the last several weeks. From NFTRH 553… “The market can bounce this week to fill the gap it left last week but this thing has been hit with an ugly stick. If it bounces I think I will add to short positions using the SMA 50 as the resistance parameter. Meanwhile, … Continue reading NFTRH; Decision Point
The charts are super interesting to look at. How quickly things turn, as if on a dime. 2018 featured a break above the Continuum’s limiter and folks, you and I were not the only ones who saw that and uttered “ruh roh!”; the Fed was well aware of the inflationary implication. Here’s the flip side of the yield (the 30yr bond) for your viewing pleasure. … Continue reading The Inflated Sub is Losing Pressure