Gold Miners Filling Gaps
And for you gold stock sports fans, I'd say that this happy macro news has accomplished something for you too; it has forced a gap fill on GDX, GDXJ and…
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August 13, 2019
Live by the Hype, Die by the Hype, Live by the Hype Again
The title alludes to the hyper-kinetic, hyperbole-fueled stock market and going the other way, the defensives like Treasury bonds and gold; all informed by the headline of the day. If…
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August 13, 2019
Yield Curve Smashed
This is just breathtaking, as the would-be steepener is now dead and buried. It has the feel of a final and dramatic move. A lot of things are making dramatic…
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August 13, 2019
US Stock Market
With the real action taking place in the precious metals lately one might think that we've forgotten or at least downplayed the US stock market. Not so. Here's the first…
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August 12, 2019
Commercial Hedging in Gold and Silver
Let's clip just a little bit of NFTRH 564 having to do with the state of Commercial Hedgers of gold and silver prices, as part of the overall Commitments of…
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August 12, 2019
NFTRH 564, Out Now
As usual, the screenshot scratches the surface. Beneath that surface there is a lot to look into this week. Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14%…
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August 11, 2019
Maximizing the Audience – Wim Mertens
It's Saturday morning, not Friday night. So something a little less rock... but in it's own way pretty intense. I've loved Wim Mertens' music since I first heard it on…
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August 10, 2019
Trump on Currencies: “I am not! (thrilled with our very strong dollar)”
Trump's rage tweeting against the Fed continues. Let's translate, shall we? As your President, my job is to get reelected and in order to get reelected I need to keep…
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August 9, 2019
NFTRH; SPX Bounce Status
A simple update showing that SPX has bounced to the SMA 50, which roughly coincides with the 50% and 62% Fib retrace levels and visual resistance. If SPX is going…
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August 9, 2019
Ray Dalio on China
This is one of the most thoughtful, intense (in a mellow sort of way) and clear thinking experts out there. Though I've used him as a contrary indicator on rare…
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August 8, 2019
The Bond Yield Continuum and Gold
Have you heard the news? US Treasury bonds are sky rocketing as it turns out there is no inflation amid a global central bank NIRP-a-thon and race to the currency…
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August 8, 2019
3 Amigos of Deflationary Macro Signaling
There are a lot more than 3 Amigos of deflation, but when I get a theme in my head it tends to stay until max annoyance registers with the reading…
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August 7, 2019
When Deflation is in the Air
When deflation is in the air you have people getting hysterical about negative interest rates and safe haven Treasury bonds. You have people telling us that the long awaited financial…
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August 7, 2019
NFTRH; What Silver is Doing
As with gold, silver only consolidated at the most recent resistance zone. But unlike gold, silver's resistance was significant. It pulled back as expected but that pullback was a shakeout…
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August 7, 2019