An honest honest money advocate

“Truthful analysis above bias and ideology, at all times!“

Unfortunately, over the years I have realized that a good portion of the gold cult “community”, as it calls itself, is overly promotional and a bit dogmatic, as it rails against the fiat debt-paper system in a perma black & white manner.

Gold is simply value, extended over decades and centuries. It holds value, provides insurance and otherwise reflects what is going on around it. In other words, when confidence in the system is high, gold under-performs. When confidence declines, gold booms. In reality, it is merely a barometer.

The monetary metal is misunderstood as a supposed inflation hedge. One prominent example is provided by “expert” academics Harvey & Erb, purveying an obsession with gold and inflation. When your assumptions are wrong, so will be your analysis. “Expert” analysis of gold as an inflation hedge has been and continues to be wrong in its singular focus.

Back on the gold bug “community”, my view of its promotional aspects not only bleeds into my public writing (a reader, several years ago: “are you trying to become the most hated person in Goldbugville?”), but has also helped me evolve NFTRH analysis to be sure it is dealing with the reality of any given macro phase, aside from my personal idealistic views. Market realities are more often than not unaligned with our ideals.

So when I am able to call “bullish” on gold, you know it is not a perma-call. It is the right call. Truthful analysis above bias and ideology, at all times! This works in reverse as well. I will not call bearish on stock markets unless/until the internal indications signal strong alerts and/or market trends (short-term to longer-term) start to break.

As to gold, the above is the purist view. But there is also a speculative view, which revolves around quality gold mining, development, royalty and exploration stocks. That is where the fun comes in.

NFTRH was rightly negative on gold stock fundamentals for many years as the macro was not conducive to a bullish view. But beginning in 2022, when the macro made profound changes, that view changed as well. Unbiased… that’s the only way to be. Hence, when I am able to be bullish, it is for the right reasons and thus, it is trustworthy.

That is what NFTRH is. Whether analyzing precious metals, U.S./Global stock markets, commodities, bonds, etc., the mission is to be on the right side during any given market phase. Not to have a pre-determined ideology proven out after perhaps years of futility.

Remaining unbiased is harder than it looks. It takes work. It takes discipline. It takes TOOLS. At NFTRH, we employ those aspects every day. The result is consistent success for myself and subscribers.

History

I owned and operated a progressive medical device/equipment/component manufacturing company for 21 years, keeping the company’s fundamentals in alignment with global economic realities through various economic cycles. The natural progression from this experience is an understanding of and appreciation for global macro-economics as it relates to individual markets and sectors.

My (now defunct) original website was created in 2004 as a way to help communicate a message about deeply rooted problems with irreconcilable levels of debt and leverage within the inflated financial system. My concerns were confirmed and message justified in 2007 as the system began to purge these distortions, resulting in a climactic washout extending from October, 2008 to March, 2009. It was a manifestation of the boom/bust cycles hard wired into a Keynesian monetary/economic system.

Over the long-term, the world changes and any successful market participant should be ready to accept changes or revisions to a given plan or worse, dogma. Centralized monetary management is unsound, but not necessarily bearish for prices. In fact, in between the periodic macro liquidations the system can be quite bullish for ‘prices’, if not ‘value’.

NFTRH Premium was launched right into the teeth of one of these liquidations on September 28, 2008. Anyone can manage a calm market. Not everyone can manage a crash or be ready to deploy capital at a time of max fear. NFTRH has successfully done just that through two major liquidations, a few cyclical bear phases and a whole lot of inflationary bull since 2008.

Geek-like interests in technical analysis and sentiment/psychology, and various unique macro market ratio indicators are part of the successful mix, with the result being a financial market report, Notes From the Rabbit Hole (NFTRH), combining these attributes to provide a service that is engaged and successful in all market environments.

When not nerding out with obscure indicators and some of the most in-depth market analysis around, I like to do this:

Gary Tanashian

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