Since highlighting the Uranium sector back on 9/2, the answer has come in. Uranium was P.L.A.Y.E.D. played. As usual. Back then I asked… So, is this something real or is it a traditional rotation of the machines roving through an outlier commodity patch? Neither. It turns out that according to a reliable source Sprott was moving its own market by buying u3o8 for its holder … Continue reading Uranium: Reddit strikes again?
With the understanding that the precious metals are still trending down by daily charts and the broader markets are still trending up, here’s a dialed-in look at some day trader type in-day charts showing gold doing what it is supposed to do when the system comes under liquidity stress and showing a microcosm of why I belabor the point about liquidity stress (not inflation) being … Continue reading NFTRH+; this is a microcosm of the proper gold mining ‘buy’ backdrop
A subscriber asked me in a Twitter private message (which you are more than welcome to use if you are a tweeter and would ever like to ping me about something) about what role I think China’s debt-choked Evergrande may have in the Gold/Silver ratio’s rise. My quick response… It sure has a role in it. It’s [the instigation of the GSR] a collective thing … Continue reading NFTRH+; “the Gold/Silver ratio is driving this bus”