Updating a Few Sentiment Indicators

This week’s edition of NFTRH is more streamlined, having only shown one sentiment indicator (NAAIM) while simply noting that sentiment in general got fixed last week to a short-term degree, while remaining structurally over-bullish. A subscriber emailed this morning asking about the Smart vs. Dumb money indicators, so I thought I’d throw that and a couple others, courtesy of the recommended (I’ve used their premium … Continue reading Updating a Few Sentiment Indicators

Man Stares at Bearish Charts of Gold

Man stares at charts of gold and provides the bearish news… [unnamed, because he’s technically the competition] Man who stares at charts and uses his TA discipline to advise the sometimes titillating and sometimes disappointing things he sees in his charts sees some bad news in gold. This week he’s almost apologetically advising gold bugs of the grim prospects for gold. You know, 7 months … Continue reading Man Stares at Bearish Charts of Gold

Silver Aping Inverse USD, Gold Still Going its Own Way

I love the chart below, and others like it. They force me to think outside of the… …and consider reasons for what I see. The reason gold is confounding to so many inflationists, who believe that you buy gold because… INFLATION!!!, is that the inflation is instigating rising asset prices of all kinds as funny munny (in this case USD) is being printed out of … Continue reading Silver Aping Inverse USD, Gold Still Going its Own Way