Hitting the Road

After an eventful week I am hitting the road today. I've already begun NFTRH 637 and it will be in abbreviated form, which is working really well because I want…

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Gold & Silver Commitments of Traders

In NFTRH 636 we noted.. "Unfortunately, the gold and silver Commitments of Traders data are not offering positive signals. While neither is a show stopper, we’d prefer to see speculators…

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NFTRH+; Update

Here's an in-day update that is hopefully coherent, given that I'm doing everything in real time. I'll post it first and edit it second. It is not lost on me…

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Golden Pom Poms, Usual Result

Golden pom poms bring a reaction, as is often the case A subscriber pinged me about the first one, a pure and unadulterated contrary indicator. But in viewing the gold…

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NFTRH+; Gaps Filling

The precious metals obviously got caught up in the sleazy sentiment backdrop whereby everybody's terrified on Wednesday and relief sweeps the land on Friday. Never mind that Payrolls sucked and…

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A Tesla Bear’s Contrary Indicator

Tesla stock motors upward while a bear flips Elon Musk Dethrones Jeff Bezos While Wall Street Bear Admits Mistake Funny what bubbles will do. Elon Musk seems to be a…

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The Yield Curve Continues to Steepen…

A steepening yield curve indicates that at best, Goldilocks is nowhere to be found There are all kinds of geniuses out there (usually with massively followed Twitter accounts) guiding us…

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The United States of Bananas

I've been writing it for months now. The good ole' US of A is going bananas. Of course I was talking more about the monetary aspect of a Banana Republic…

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NFTRH+; Gaps

The chart of gold futures does not readily show gaps but for the purposes of identifying emotional points the chart of GLD works well, just like any other stock. Gold…

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NFTRH+; Yield Curve Begs to Differ

Today long-term interest rates are jumping with the political backdrop. The precious metals are selling off. The story goes that rising interest rates are bad for gold. Just look at…

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