NFTRH+; Silver (again)
I added SLV in after-hours based on Silver (futures, weekly chart) proximity to the clear support zone from 18 to 18.60. I prefer the metal to the miners at this…
I added SLV in after-hours based on Silver (futures, weekly chart) proximity to the clear support zone from 18 to 18.60. I prefer the metal to the miners at this…
Commodities are imploding all around but last week I could not resist taking NatGas (UNG) and today I added Wheat fund, WEAT. The reasons? Pretty simple. It's been hammered 35%…
The target for silver is 18.25 per NFTRH 709 and this post. Just a reminder as the seasonal (30yr average) becomes favorable while the inflation bugs have been selling the…
The commodity tracker is pulling back hard to the daily SMA 200 It's probably going lower, to or through the SMA 200, but the position was taken in a small…
[Edit] You write millions of words over a couple decades and you're going to screw up once in a while. Copper did not hit 3, it hit 3.30. I noted…
I'll take a subscriber comment from the previous update and apply the view to GDX as opposed to HUI in line with that subscriber's prompt. I know plenty of people…
This is how an inflation phase ends It's called the bust that follows an inflated boom. The US dollar and Gold/Silver ratio traditionally ride together to bring it on. The…
The 'HUI 212' gap is filling today. Anything below 213 fills it and Huey's low today is 212.65. That's the good news. The gap is out of there. The not…
DBC is tanking and looking for a date with the SMA 200 "Commodity super cycle!" "Hyperinflation!" "Protect yourself! Buy gold, gold stocks, silver, oil and [gulp] copper!" "Fed has lost…
Gold's stock and commodity adjusted prices are spiking The nominal gold price is not only going nowhere; it's fading bearish on a daily chart view. Gold is experiencing selling pressure…
And I gotta run! Happy 4th, folks. For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed…
Gold's ratios to cyclical markets continue to pivot Just an updated picture of the macro pivoting toward what will be a positive fundamental backdrop for gold mining. The holdout continues…
The message is anti-inflationary Conveniently, with FOMC coming up on July 27th, inflation signals continue to unwind. Hmmm, and right into what on average is a seasonal low in the…
Copper and Copper/Gold continue the dark messaging These things take longer than you'd think when you initiate the analysis at its start. It was about a year ago that I…