Gold; a thing of beauty…

Gold calmly continues cobbling its Handle, Miners lay in wait You see, there is all this noise out there. It comes mostly from inflationists touting gold in the same breath as copper, as oil, and as commodities of all flavors (and aside from gold and to a degree, silver, those flavors are cyclical). But you also see, gold is counter-cyclical in its best suit. You … Continue reading Gold; a thing of beauty…

NFTRH+; Double bottom in this market ratio?

I highlight things I see during the week expecting us not to over-react but instead, consider. What I see today is Healthcare (XLV) testing the April low in relation to the broad US market (SPY). May be be nothing, may be something (in the form of a double bottom). I have held healthcare related items despite the poor performance vs. the broad market because of … Continue reading NFTRH+; Double bottom in this market ratio?

NFTRH+; Macro update

While it appears that the next and possibly final leg* of the inflation is underway, the US dollar and Gold/Silver ratio (our macro indicators that would guide the other way toward liquidity problems and possible deflation scare) have not given up, although the GSR has weakened appreciably of late. USD (DXY) halted at target #1 back in September and has been dropping within its intact … Continue reading NFTRH+; Macro update

On plan to the Continuum’s message…

The 30yr bond yield Continuum… continues As 30 and 10yr Treasury bond yields hold and amp up their recoveries by this daily chart… …the big picture monthly ‘Continuum’ chart of the 30yr yield is bending its right side shoulder into shape as originally anticipated when we projected the summer cool down back in the spring. The implication is for a date with the (red) monthly … Continue reading On plan to the Continuum’s message…

NFTRH+; they say ‘buy low’

As you know I have stubbornly refused to abandon the Cannabis MSO (multi-state operator) play. Indeed, I am slowly positioning with the view that last year’s high fliers are getting sold down by this year’s tax loss sellers. They chased them higher then, and I am buying lower now. Planet 13 is a former holding that I added back this morning and technically it is … Continue reading NFTRH+; they say ‘buy low’

Silver would lead… and it is

Get ready for some lathered up Bugs… From NFTRH 677’s Precious Metals segment: Once again the micromanagement was done at last week, and so we can stay streamlined in this segment. The reminder is that the macro backdrop is not and has not been favorable for gold or gold stocks. A wild card would be if silver starts to out-perform gold and the sector … Continue reading Silver would lead… and it is

NFTRH 677, out now

Just moving along with the pre-Stag inflationary macro, noting opportunities and cautions alike… NFTRH 677, out now. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by PayPal or credit card using a button on the right sidebar (if using … Continue reading NFTRH 677, out now

It’s not just Copper; GYX indicated cyclical the whole time

Copper makes the headlines, but GYX has been bullish all along; gold awaits its time as the message from metals land is bullish, risk ‘on’ and cyclical While copper went through its correction we have been noting each week in NFTRH that the Industrial Metals index, GYX had never aborted its bullish stance. Trends remained up and the index price held the SMA 50’s intermediate … Continue reading It’s not just Copper; GYX indicated cyclical the whole time

NFTRH+; this indicator is doing something it has not done since last year

The TSX-V/TSX ratio, the ratio of the speculative Canadian market vs. the senior Canadian market, which I use as a guide to speculative inflation trades, has spiked to take out the SMA 50, which it had failed to do on every bounce this year. While not proof of a bottom, it sure is the first required step to making one. Recall we used this indicator … Continue reading NFTRH+; this indicator is doing something it has not done since last year