The purple pill
"You take the blue pill... the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill... you stay in Wonderland,…
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September 16, 2022
NFTRH+; important divergence in the precious metals
What does it mean that gold is tanking to new correction lows while silver remains relatively firm? Gold (daily chart) is on the very cusp of slipping the last ditch…
September 16, 2022
NFTRH+; assuming a breakdown, here is the downside target for gold
Of course it's just a man staring at a chart. But he's using visual support and a logical Fibonacci retracement level to gauge a very valid short-term target to likely…
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September 15, 2022
Gold bugs, be not saddened
What is happening to gold lately and today is heartening It's been my favored scenario for becoming a gold stock bull. It goes like this... Inflation touts go over the…
September 15, 2022
Media sporting Wood again (about deflation)
Say, did you know that Cathie Wood favors deflation? Why yes ladies and gentlemen, foremost overvalued story stock picker Cathie Wood thinks deflation is coming. That is quite contrarian alright…
September 15, 2022
NFTRH+; pre-FOMC interest rate landscape
Hot inflation is still in the news! You can click the image if you'd like to read the hype. CME Group was and still is overwhelmingly projecting a .75% rate…
September 13, 2022
COTbase
Gold, Silver & Copper CoT data improve from already constructive to bullish alignments
In an 'all one market' signal, gold, silver and copper are contrary constructive, bullish and bullish respectively by sentiment/positioning in the Commitments of Traders Gold improved this week from an…
September 9, 2022
NFTRH+; neckline taken out; here’s what Huey needs to do next
The bounce is on from the low of 180. We have potentials in play for HUI to have bottomed at 180 (measured target off of the little H&S pattern was…
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September 9, 2022
Stock market… on cue!
NFTRH 721 took technical readings of the US stock market, describing the major trends but also a short-term battle for SPX between the daily SMA 50 (resistance) and lateral short-term…
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September 9, 2022
The “best of times” for gold (and the miners that leverage it)
The best of times to come for gold (and gold miner) investors, if you've survived the worst of them Let's let Charles Dickens teach us a few things about not…
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September 8, 2022
Gold in various currencies
Gold as measured in major currencies (and a digital speculation) It's not a major consideration of mine as far as precious metals indicators go. I think it is an overrated…
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September 8, 2022
Commodity tracker dunks below the SMA 200
Commodities are starting to crack Disclaimer: commodities are notorious for rotation, as if the hedgies, quants and black boxes are playing Whack-a-Mole, roving the landscape rotating to the next play…
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September 7, 2022
NFTRH+; unfinished business, T-bill/gold/miner correlations & risk/reward
Let's use a talkative chart to explore something interesting. First a couple qualifiers... We'll exclude a large part of the chart, which was the 2009-2015 ZIRP (zero interest rate policy)…
September 7, 2022