NFTRH+; Updating the Gold Stock Setup

Personally, I could not ask for a better outcome than for the gold stocks to continue dropping while the risk ‘on’ stuff drops because of bad economic news (jobless claims). The one thing out of sorts with the setup is that long-term interest rates are still rising. That is probably pressuring gold and gold stocks. I like the setup because I did not want to … Continue reading NFTRH+; Updating the Gold Stock Setup

Risk vs. Reward in Gold Becoming Positive

With much fanfare, Warren Buffett has dumped his GOLD stock We highlighted the latest installment of the Buffett/Barrick Gold drama yesterday. Today IBD takes that positive contrary indicator and gives it a little more juice. Warren Buffett Dumped GOLD Stock Ahead Of Gold-Price Death Cross Ah, the dreaded Death Cross as explained by IBD… The GLD gold play appears on the verge of flashing a … Continue reading Risk vs. Reward in Gold Becoming Positive