NFTRH+; CRB index
Just an FYI that the CRB index held the SMA 50 and our key support area at 210 yesterday. Today, using DBC as a proxy that support hold was in…
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August 10, 2021
NFTRH+; With respect to hedging/shorting
A few people have asked about shorting gold stocks to hedge. Personally, I am not interested in that at this time and would rather do some more selling since my…
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August 10, 2021
It’s coming to ‘now or never’ for a near-term inflationary plan
The 30yr Treasury yield has made its right side shoulder Of course there is inflation. We see it everywhere; the Fed's printed (funny) munny and the government's cost-pushing into the…
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August 10, 2021
NFTRH; Similarities to 2008 & 2011 [w/ 2 edits & some wording cleaned up]
I wanted to get this posted now but am not going to proof it for typos or confusing language (past dinner time). I'll proof it in the morning, so if…
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August 9, 2021
Gold/Silver Ratio to the world: “anyone listening?”
Gold/Silver ratio indicates waning market liquidity Since its fellow rider, the much reviled US dollar, is also still in rally mode the implication of the Gold/Silver ratio ticking a new…
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August 9, 2021
A slight inkling for gold stocks?
Quality companies like Franco Nevada and Kirkland Lake are filling gaps Make no mistake, the HUI Gold Bugs index is technically bad and if we're sticking to the letter of…
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August 9, 2021
NFTRH+; 2 Horsemen
USD (DXY) is back above the neckline. Gold/Silver ratio never did break down and is now ticking a new high for this cycle. My lean is 60-70% toward the inflation/reflation…
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August 9, 2021
NFTRH+; a bad chart…
HUI's technical status on the near-term daily chart view is not good. Anything can happen and charts can change. But this is a bearish chart. It is also a chart…
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August 9, 2021
NFTRH+; Gold & Silver Hammers
Gold and silver got bombed last night and have been recovering ever since. Here is the status of what are thus far Hammer candles. Gold broke down into the downtrend…
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August 9, 2021
NFTRH 667 (online edition)
Let's start with pre-market (report start time: 6:30 US Eastern Time). Also note that this report is begun well before the 8:30 release of the July jobs report. I'll wait…
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August 6, 2021
Jobs, hot off the press… +943k
July payrolls from BLS: +943k Click image, get report... The number is a little more than what the media says the markets expected, but all in all not a surprise.…
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August 6, 2021
NFTRH 667 will be published online
Per yesterday's 'admin update' email NFTRH 667 will be published as a post most likely by noon, US ET today (I will be getting some much needed R&R this weekend).…
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August 6, 2021
Why you must not trade only on charts (unless you’re a day trader)
Because, this... Man stares at Cardinal Health (CAH) getting torpedoed on earnings The daily trend in CAH was up... until today. Boring no-growth healthcare stock CAH is getting destroyed after…
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August 5, 2021
NFTRH+; And of course… the larger gap will fill
Why? Why do people get involved with the gold stock sector? And in my case why get involved with it when you don't like the fundamentals (or the technicals, for…
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August 5, 2021