NFTRH 609 Out Now

Screenshot, inform the nice people of what you will. As for me, I need to get a little exercise on a nice day. Subscribe to NFTRH Premium (monthly at USD $35.00 or a discounted yearly at USD $365.00) for an in-depth weekly market report, interim market updates and NFTRH+ chart and trade setup ideas. You can also keep up to date with actionable public content … Continue reading NFTRH 609 Out Now

“And they want to throw God’s wonderful breathing system out the door”

Okay my global friends, we are not all dumb as a stump here in America. We just play the role on TeeVee along with our reality star president. Some of us however, take the role really really seriously. As COVID-19 cases perhaps moderate nicely in your country because you took orders from your oppressive government, we here in America believe in freedom. See, these Americans … Continue reading “And they want to throw God’s wonderful breathing system out the door”

Silver Daily, Weekly & Monthly Technical Situations

We’ve covered the status of Amigo #1, Gold: It broke upward from the post-March consolidation. We’ve covered the status of Amigo #3, Copper: Still rallying within a larger downtrend. Here’s a post where metallic Amigo #2 gets his own space. I have not cared for the short-term daily chart pattern but as of this morning it is holding above the EMA 20 and support at … Continue reading Silver Daily, Weekly & Monthly Technical Situations

Through History With the Dow & Gold

It’s not analysis so much as it’s just some fun with charts and time frames Come back with me to a time when Nixon severed the final ties that the US dollar had to the sound monetary anchor, gold. Look at how handily paper stocks have beaten the pulp out of the pretty rock. It’s not even close. Stocks benefit from successful inflationary operations better … Continue reading Through History With the Dow & Gold

NatGas Breaks to New Lows; Disaster or Massive Opportunity?

I am not an Energy head, but this catches my eye. A subscriber asked if I would focus closer on Energy and I was a little bit dismissive (of Energy, not the subscriber) after having one highlight (and trade) in Energy earlier in the macro relief bounce. This prompted me to take a look at Natty (I already know what Oil is doing), which is … Continue reading NatGas Breaks to New Lows; Disaster or Massive Opportunity?

NFTRH+; Well, this is interesting…

Again the disclaimer: It’s one indicator, and it’s probably an indicator I look at a little too closely. But then again I get nerded out on this stuff. The TSX Venture to TSX ratio is making a hard push at the important resistance zone after choosing up rather than down out of the consolidation. Recall we originally noted its status in the Diamond consolidation pattern … Continue reading NFTRH+; Well, this is interesting…

NFTRH; Status of Stocks, Commodities & Precious Metals

Some words and several charts to take a reading on the status of the macro bounce. SPX turned down from resistance and will try to find support at the SMA 50 (2969) and/or the SMA 200 (3020) after easing below the EMA 20 (black dotted line). It has not filled the immediate gap or the upper gap and remains vulnerable to all those lower gaps … Continue reading NFTRH; Status of Stocks, Commodities & Precious Metals

NFTRH+; What to do with a 150% Paper Gain

I have been long GBR.V and GTBAF (Great Bear Resources) for many months and have not sold any shares. I actually added to the GBR.V position, which brought its cost average down to 126%. But the majority of shares are +150% right now and I think it is a good time to advise about a response to a subscriber yesterday who is sitting on large … Continue reading NFTRH+; What to do with a 150% Paper Gain

Copper/Gold Ratio is Not Bullish Despite the Bounce

It’s not me saying that. If this party goes full on punch bowl, so be it. But the daily chart of the Copper/Gold ratio says easy now casino patrons and party goers. It’s a relief bounce in a downtrend. The weekly chart? Same message. And despite what Trump touts, this process of negative economic signaling has been in play since well before the Coronavirus reared … Continue reading Copper/Gold Ratio is Not Bullish Despite the Bounce