NFTRH+; Gold Stocks & Silver
In pre-market, GDX has broken through the SMA 50 (blue) at 38.02, and is making an attempt to fill the down gap from last week at 38.34. It did not…
In pre-market, GDX has broken through the SMA 50 (blue) at 38.02, and is making an attempt to fill the down gap from last week at 38.34. It did not…
Today, legions of chartists ply their trade with ever fancier charts and (in my opinion) ever more erratic results I'll begin this post by noting that I love charts. I…
[edit] Post now public, as I'll want to show aspects of the NFTRH premium service publicly, on occasion. For more public video content please subscribe to the YouTube channel! The…
Notes From the Rabbit Hole, #826 Conversational NFTRH 826 [edit] I'm about half way through this report as it becomes apparent to me that this is one of those conversational…
Gold's standing relative to cyclical markets continues to improve, thus, so does the macro backdrop for gold mining equities Without digging up too much theory and analysis from the past,…
The August Payrolls report comes in a little light (142k) vs. expectations of 161k You can tap the image for the full BLS report: Here is the graphic included in…
I am not telling you anything you don't already know when I write that the market will be watching tomorrow's August Payrolls data closely. While I have no clue if…
The US dollar and Japanese Yen are, in my opinion, the two most important currencies to use as tools for defining the global macro situation. USD, especially, on the larger…
Rosenberg recommends defensive positioning amid dis-inflationary, recessionary pressure The NFTRH theme has been disinflation and economic signals fading toward counter-cyclical. Check. Everybody's got the memo now. Even the tardy Fed…
From NFTRH 825: But I do like to keep tabs on the Canadian TSX-V for its indications on the speculative ends of the commodity/resources trades. If we who would prefer…
GDX is filling the nearby gap this morning. If all remains relatively comfortable it would do this and test the rising SMA 50 before finding support. But there is a…
From NFTRH 825: Speaking of silver, the weekly chart is as it has been. The pattern breakout has loaded a target of 35. First the current corrective move needs to…
TSX-V technicals, daily chart Canada's junior index has invalidated my original Head & Shoulders projection, which was a normal head with two shoulders. The index may still get to the…