Burn the House Down

My pal Scott is a great guy to talk to (it had been too long). He’s a gold bug lunatic (the good, true believer kind). He’s also a fund manager well acquainted with the grift so prevalent in the wild west show known as the TSX-V (and thanks again for the pointers, Scott). Along with all that, he’s a great musician and I think you … Continue reading Burn the House Down

Gold and Silver Commitments of Traders For This Week…

Listen sports fans, I just call ’em as I see ’em. The Commitments of Traders for gold is as extended as it has been lately and open interest is significant. Speculators are all-in here and while we note that bull market rules are different than bear market rules, extended is extended. Gold is vulnerable to pullback by this measure, especially since the gold price is … Continue reading Gold and Silver Commitments of Traders For This Week…

Some Gold Macro & Sector Fundamentals, Updated

In NFTRH we use daily and weekly versions of these charts to gauge not only the fundamentals of the gold sector, but also the broader macro markets. Here are the weeklies, which are the important ones to turn up after the dailies long ago gave us bullish signals. The play is getting overbought on daily time frames, but as you’ll see below the weekly charts … Continue reading Some Gold Macro & Sector Fundamentals, Updated