NFTRH; GDX Weekly Chart

GDX Weekly Chart We noted the overbought status of daily GDX earlier. The weekly chart is also getting overbought. This leg has been vertical, after all. That is impulsive and…

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NFTRH; Overbought

Nothing has changed for me. As long as the fundamentals stay intact I am bullish. But since the gold sector came out of the gate this week still on a…

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NFTRH 557 Out Now

And do you know what? Charting the gold miners is fun again. We're using weeklies to gain a bigger picture view as the dailies become overbought. Okay, easy now. We…

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Neo-Psych Garage Shoegaze Drone…

Pyschic Ills style... I guess I am still into it. In my old(er) age sometimes I like a nice drone instead of over stimulation.

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Okay, I have 8 minutes to look at markets…

I have not got a clue what's going on out there and have 12 8 minutes to take a look. I spent the day with my heart up in my…

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Silver Launches

As suspected the other day silver's grind at the moving averages resolved bullish. The first try came on a surge in volume but then it dropped, whipsawed and came back…

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Gold Bullish in Global Currencies [w/ edit]

[edit] Jordan advises that something happened with the ETF (not sure if he means the global currency ETF or the gold ETF) recently and the calculation is a little off.…

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Gold Miners Waiting on This Chart [w/ edit]

It's not a chart of nominal HUI with upside technical targets. We'll do that in NFTRH this weekend, along with the usual individual miners. Rather, it's a companion to other…

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Currency War to Bring Anti-USD ‘Inflation Trade’?

Gold is the leader. The playbook calls for it to bottom amid deflationary pressure and lead everything else up into the next inflation. Gold>Silver>Miners>Commodities>Stocks... or something along those lines. The…

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Gold’s New Bull Market… For a Night, at Least

Okay, easy now. This is supposed to be the place run by a level headed, if curmudgeonly sort who pretty much hates hype and all who put it forth. I…

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