Inflationist gold/gold stock boosters foiled again on ‘Flation Friday [w/ edit]
[edit] Of course, every big buy in gold is a "whale purchase" or some other legit sounding thing while every big dump is a "paper sale!" to manipulate the price…
[edit] Of course, every big buy in gold is a "whale purchase" or some other legit sounding thing while every big dump is a "paper sale!" to manipulate the price…
PPI +8.3% from August 2020 Producer inflation accelerated in August... So the dominant trend (in place over decades) is for declining Treasury yields with the implication of structural deflation. I…
The Semiconductor sector has an internal warning... As if the economic cycle and thus the stock market did not have enough internal problems (e.g. the CESI divergence to the S&P…
Our 30 year Treasury yield 'Continuum' chart indicates that deflation is the dominant trend, but... Steve Saville has written a post that got me thinking about carts and horses and…
BTC/USD is making a fairly dramatic test of the 50 and 200 day moving averages Thus far the test sees the Bitcoin price intact, technically. Just avert eyes from daily…
GDX dumped the 15 min. support area around 32.25 but is making a hint to whipsaw back above it. Classic shakeout? In doing this it is making a would-be hammer…
'Battery Metal' Nickel is bullish Among other metals like cyclical, inflation-sensitive copper, counter-cyclical much less inflation-sensitive gold and tweener silver that have either been correcting during the summer inflation cool…
Super simple. GDX is fillling last week's gap up per the 15 minute chart (GDXJ is similar). This area carries lateral support and should hold or the sector bounce would…
A daily chart look at the progress of the simple macro picture we are tracking, the 30yr yield Continuum vs. the duo of USD and Gold/Silver ratio. The daily chart…
And now my labor is done (for a day)... For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market…
HUI's bounce has come to its first key level. Here resides the down-sloping SMA 50 and lateral resistance. This was the minimum bounce objective and it could halt the bounce.…
August Payrolls disappoints at 235,000; one sector would benefit So I guess that the Citi Economic Surprise Index per yesterday's post is more concerning still, as analysts expecting +720,000 new…
Uranium stocks woke up this week My only position, UUUU is the laggard. Regrettably, I didn't buy back NXE because it didn't pull back, and now it's gone. But UUUU…
Citi Economic Surprise Index continues to flash a stark warning Not that it has mattered (as with other bubble indicators) but the CESI is and has been guiding the S&P…