NFTRH+; When inflation works for gold

As a core inflation number comes out today and causes some market hype, as per usual the gold stocks are doing nothing. Considering the state of mining cost drivers like oil and certain commodities/materials, it makes sense fundamentally, as I’ve belabored. When it might start making sense for the miners to have an improved fundamental view is when the economy starts to grind and gold … Continue reading NFTRH+; When inflation works for gold

Want to see a bullish chart?

The ‘inflation expectations’ ETF is bullish The daily chart of RINF is, as currently situated, bullish having held the major daily uptrend (SMA 200), the intermediate daily trend (SMA 50) and forming a sweet looking pattern. This as the macro quakes due to fears of liquidity problems. Hmmm… more to discuss this weekend. Now offering a 2 week free trial to the NFTRH Premium service … Continue reading Want to see a bullish chart?

Cathie Wood conjures ghosts of yore

Cathie Wood calls for a drop in oil prices And well, at least she’s got the seasonal average on her side. Ugh, if the seasonal stays true to its 30 year average, the decline begins almost literally today. Ah, but all due caveats about the inaccuracies of seasonal averages in any given year. From Sentimentrader:   But back to Ms. Wood. Maybe it has to … Continue reading Cathie Wood conjures ghosts of yore