In yesterday's update we noted that the HUI index and the ETFs were still in corrective consolidation. After a gap up this morning, that remains the case as they have…
I just saw this yesterday after the markets closed. Of course today it is bouncing from support (and preferred buy level). I'd have rather bought it at the 200 day…
Here once again is one of those pleasurable moments where I advertise to you in big bright blinking lights that I was wrong about something. I have hedged (short the…
The 10yr/2yr yield curve put in its flattening cycle low over a year ago and has been on a grinding steepener ever since. Long before the... ...reared its ugly head…
Despite the big up day, HUI (daily) remains in consolidation. GDX (daily) remains in consolidation. GDXJ (daily) remains in consolidation. Captain Obvious's bottom Line The gold stock sector remains in…
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Toined the macro, that is (in Moe's Brooklyn accent). Step by step... A rising Gold/Silver ratio preceded the March disaster, made an ill-fated bounce pattern in May-June and then got…
Tramped out by Trump/Kudlow/Manooch and of course the worst long-term offenders, the Federal Reserve, Uncle Buck has a right to be irritable if not outright enraged. The cheap parlor trick…
For we gold sector bulls at least, this is important - although probably early - signaling. The gold price is still under pressure. Today it is testing the 50 day…
Happy Labor Day, people. Time to get to work moving forward. We get a head start on that. For "best of breed" top down analysis of all major markets, subscribe…
I went from sad (taking my profits too soon) to glad that I took profits in volatility vehicle VIXY as the VIX reversed and went negative today. It remains to…
Last week I asked the question Am I Topping? Earlier this week I had a bit of over-confidence and hubris that maybe I wasn't topping as the portfolio hit a…
The predictable snap-back in employment continued in August with 1.4 Million jobs brought back on line and unemployment falling to 8.4%. Click below for the detailed report from BLS. Unemployment…
Inflation/Deflation Any strategy aside from stoically sitting with current positions and macro view (whatever an individual's stance maybe) will depend on the inflation/deflation dynamic. More to the point, inflation expectations…
The post title mentions signals. Like banks firm but yields dropping (one of these things is off base). Like gaps filling left and right after the goofy upside in momentum…