Day: January 8, 2020

Gold Stocks

The Running of the Gold Bugs: A Tale as Old as Time

You were of course prepared for it because you have a functioning brain that learns from history; and it doesn’t hurt that you read this site. ;-) We noted the bullish headlines last week, including some usual gold sector suspects that had been guiding bearish but had flipped bullish. Oops… 2020 Opens With a Gold Bug 180° You knew that based on history the US-Iran … Continue reading The Running of the Gold Bugs: A Tale as Old as Time

Gary
alice
NFTRH Interim Updates

NFTRH; Precious Metals Parameters to Watch For

As the inevitable unwind of the (US-Iran) fear bid proceeds… First, nominal HUI would ideally hold here at the daily EMA 20. But better support is from 220 to 225, which is the SMA 50 up to lateral support (I’ve not drawn anything on these charts). Below 220 would make things less comfortable than a nice, neat hold of the SMA 50. HUI/Gold (GLD) ratio … Continue reading NFTRH; Precious Metals Parameters to Watch For

Gary