Gold, silver and the HUI Gold Bugs index are viewed here by their big picture monthly charts. In NFTRH we use mainly daily and weekly charts of these along with individual miners to better gauge the shorter-term pictures, which will advise on the end of the correction better than these more cumbersome monthlies that are great for keeping perspective amid the shorter-term noise. Our target … Continue reading Gold, Silver & HUI Big Pictures
Check it out. Big Tech is in a similar posture to the pre-crash breakdown and retest of the broken EMA 20 and SMA 50. RSI and MACD are in negative territory. I hold several Tech related stocks long, from ZS to FTNT to ZM to DOCU to LRCX. But I also hold shorts on big Tech until this situation resolves. Resolve = climb above or … Continue reading QQQ Setup Much Like February
In NFTRH we track Gold/Stocks consistently and Gold/Commodities and Gold/Currencies ratios fairly routinely. But we’ve not looked at gold’s ratios to bonds in a long while. I see Gold/Bonds as another confidence barometer, like with stocks only different. Gold/Stocks is a reflection of casino patrons’ willingness to speculate or lack thereof. I see Gold vs. sovereign Bonds more as a barometer to their CONfidence in … Continue reading Gold/Bond Ratios Merely Adjusting
