It’s a Rumble
Really, that is what this market is. It feels like a slam dance pit. As America changes before our eyes into something not familiar to many of us (thank you…
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June 5, 2020
Who Needs Treasury Yields, Anyway?
I mean, in this country now where anything the president wishes to be true becomes true, why not simply erase my favorite long-term indicator to the monetary chicanery? Seriously, this…
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June 5, 2020
No Prescription Yet From the Good Doctor
Continued relief or more pain to come? That is the diagnosis for which Doctor Copper will write his next prescription. Here we have the Cu futures taking out 2.50 and…
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June 5, 2020
NFTRH+; A Setup on a Premier Precious Metals Royalty
I am trying not to be an indiscriminate buyer. I added the shares of WDOFF back that I'd previously sold and bought and increased FNV. But I am still thinking…
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June 5, 2020
NFTRH+; Gold Ticks Lower Low, Daily Technical Status
Today risk 'off' gold is being driven to a lower low on the big market euphoria. It is still in the short-term support zone but it has lost the SMA…
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June 5, 2020
NFTRH+; That Which Led is Still Leading
The CDNX/TSX ratio was first and the Silver/Gold ratio was second. Today CDNX/TSX ratio is getting clobbered. A reaction always was going to come about, but this is a severe…
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June 5, 2020
Jet Blue Flies to a 43% Profit
Thank you dear manipulatively hands-on president, dear panicked, reflating Federal Reserve, dear Treasury and dear me (AKA taxpayer) for funding this ridiculous market sentiment event. Jet Blue has flown to…
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June 5, 2020
Jobs Report and Reaction
Sorry folks, but it's all in the bag and according to plan. They are inflating and now with the Nasdaq at its previous all-time highs the good news of the…
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June 5, 2020
Silver/Gold Ratio Hits Target; About Those Inflation Indicators
The NFTRH plan is and has been that the gold mining sector, due to the fundamentals implied by the handy graphic below, could eventually lead a world full of inflatables…
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June 4, 2020
Doctor Copper Dings 1st Resistance
With the US dollar breaking down the reflation lives on for another day. One aspect of that is the copper price, which has bumped its way to 2.50, the first…
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June 4, 2020
Yield Curve Steepener Continues
The 10/2 yield curve continues its grinding but sneaky bend upward. The media lathered up a dumbfounded public about the horrors of the inversion last August, but it always has…
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June 4, 2020
NFTRH+; USD
Picture = many words. The US dollar index lost the SMA 200 and support at 98.30, dropped to and through the next support level at 97.65 and this morning is…
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June 4, 2020
The World Celebrates USD Decline
The Trump/Fed/Treasury/Taxpayer backed reflation parlor trick known as currency devaluation does not only benefit the reflation sensitive US sectors (Materials, Industrials, Financials, etc.), it also benefits much of the world's…
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June 3, 2020