No Sign Yet of Cyclical Inflation and the Gold Miners Don’t Mind a Bit

Contrary to majority opinion, gold and especially the gold mining stocks that leverage its macro status are not about inflation, especially cyclical inflation that runs with a positive economy. Making an appropriate return after a few months on hiatus, ladies and gentlemen… the Macrocosm. Gold stocks are about counter-cyclicality as gold rises vs. US stocks… Gold rises vs. Global Stocks… Gold rises vs. commodities… Especially … Continue reading No Sign Yet of Cyclical Inflation and the Gold Miners Don’t Mind a Bit

As for the SPY/GLD Ratio…

I guess you could say that it has held bearish (a bullish gold sector fundamental) thus far. Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD $345.00) for an in-depth weekly market report, interim market updates and NFTRH+ chart and trade setup ideas. [Note: the subscription rate to the value-priced NFTRH service will increase near summer’s end, so if … Continue reading As for the SPY/GLD Ratio…

Yield Curve Control, Whether Intended or Not [edit: Trump Tweets, Dow shears 300 points; high comedy]

[edit] I started a simple yield curve post with the markets very green and before hitting the Publish button see a red stock market on Trump tweets, about which I am not disappointed in the least, on resumed tariffs against China. I don’t like the guy, but that doesn’t mean I can’t like some of his actions. The Fed’s action and words yesterday, disappointing to … Continue reading Yield Curve Control, Whether Intended or Not [edit: Trump Tweets, Dow shears 300 points; high comedy]

nftrh plus

NFTRH+; a Gold Royalty Dings Support

People can argue the valuations of these companies and people would have a valid argument. But insofar as Royal Gold, Franco Nevada and more recently Wheaton have been sector leaders, OR seems to me to be as viable a candidate as any, with its lower risk North American asset concentration, growth profile and valuation that is closer to Sandstorm’s than it is to the big … Continue reading NFTRH+; a Gold Royalty Dings Support

alice

NFTRH; Post-FOMC Precious Metals Technical Checkup (all according to plan)

Well, it may not feel so wonderful (although if planning to buy, it sure may) but the expected pullback came in the form of the all too logical FOMC ‘sell the news’ event. The gold sector needed a clean out. The gold sector is getting a clean out. Simple. Here are gold and silver futures this morning. You can click the charts for a full, … Continue reading NFTRH; Post-FOMC Precious Metals Technical Checkup (all according to plan)