NFTRH+; Gold, Stocks & HUI, a Big Picture Reminder

In some ways the gold miner correction almost had to happen. So says the chart below. A reminder here is that nothing is happening now that did not happen in the previous bull market. This appears to be a more pronounced version of the 2002 correction, which I actually remember well because it was the first correction I endured since buying my first gold stock … Continue reading NFTRH+; Gold, Stocks & HUI, a Big Picture Reminder

Bedfellows Do Not Include the Miners

We have shown how the US stock market and the inverse of the US currency are not so strange bedfellows. But there is one former bedfellow who is now strange indeed. Funny how most people, including legions of gold bugs, think of the precious metals as THE anti-USD trade. But the gold miners do not benefit fundamentally from inflation. But inflation obsession is the party … Continue reading Bedfellows Do Not Include the Miners