Silver Miners ETF Breaking Consolidation

Personally, I’d been mentally preparing for SIL and the gold stock ETFs and indexes to at least test the 200 day moving averages. Well, if the first half of today is any indication and barring a startling reversal, that does not look like a good prospect. October highs are the last man standing in the way. For “best of breed” top down analysis of all … Continue reading Silver Miners ETF Breaking Consolidation

NFTRH+; Gold & Silver, Pre-Market

I am always prepared to be wrong because well, it happens, so might as well prepare for the inevitable. Gold and silver are threatening to break consolidation this morning and if the miners follow suit as would be expected, the favored target of HUI 280  could go by the wayside. Bull markets don’t always correct to neat, logical points and that’s especially so with such … Continue reading NFTRH+; Gold & Silver, Pre-Market

USA is Still Going Bananas

You see, it’s not a Trump thing. It’s an ‘America is so hopelessly indebted (as are other developed economies) that they have no choice now’ thing. However the election shakes out – most likely Democrat president and congress, Republican senate – the stock market is cheering two things in my opinion. It is cheering US dollar compromising fiscal stimulus (Fed prints, politicians spend) and the … Continue reading USA is Still Going Bananas