NFTRH+; Cloudy with a chance of thunder

The title is my way of saying CLOU and other growth areas have a chance to rally while bond yields drop. With the back-off in yields growth stocks are logically getting a bounce in relation to value stocks, just as it worked in reverse when yields were rising. Since I view the bigger picture as one where yields will rise again this is only considered … Continue reading NFTRH+; Cloudy with a chance of thunder

NFTRH+; Behind the scenes of HUI’s drop toward our pullback target

HUI (daily) is pulling back as expected to test support at the area where the SMA 50 is rising to meet the SMA 200 and the channel breakout point. Our target has been 293 to 300, but the SMA 50 has risen to 296, so let’s now call the pullback target range 295 to 300 (+/- as usual). As a side note, here is the … Continue reading NFTRH+; Behind the scenes of HUI’s drop toward our pullback target

Gold’s inflation utility

Gold is okay, but not yet unique There are times when gold is an okay inflation hedge, while under-performing the likes of industrial metals, oil/energy, materials, etc. During those times, if you’re doggedly precious metals focused you should consider silver, which, as a hybrid precious metal/industrial commodity, has more pro-cyclical inflation utility than gold. But as I have argued for much of the last year, … Continue reading Gold’s inflation utility