NFTRH+; Reminder of Next GDX Target & Market Thoughts
Referring to the daily chart of GDX we've used to manage many a rally and pullback, let's take an update of the situation on this probably least valid trading day…
Referring to the daily chart of GDX we've used to manage many a rally and pullback, let's take an update of the situation on this probably least valid trading day…
For the purposes of this update USD is an indicator, much like its fellow indicator of (would-be) liquidity destruction, the Gold/Silver ratio. When the reserve currency rises along with the…
Interview with Jordan Roy Byrne Thank you again to Jordan for having me on. It's especially nice now because we have actionable short and longer-term situations setting up. We cover…
The seasonal party continues but, danger is ahead The strategy of how to navigate what is ahead has been generally covered in NFTRH and with post-FOMC clarity, it is being…
The Fed has finally come around to what we already know. Inflation signals have been decelerating all year, the battle against the last problem is over and the future problem,…
The anticipated "Goldilocks" disinflation continues and the media thinks it will last What do you think? Do you think Contrary Cramer will finally be right about something this time? Today…
Commodities have been weak amid disinflation. But that has not stopped us from identifying certain positives in development. Last week Crude Oil was highlighted for a potential positive trade by…
November Payrolls rise a bit more than expected (+199k vs. +190k) Here is the report from BLS (click graphic). "Job gains occurred in healthcare and government." Why of course they…
The median forecast expected for this morning's November payrolls report is +180,000 compared to October's +150,000. If payrolls beat expectations I'd anticipate the US dollar to continue its bounce and…
Below are the up close daily chart of silver and also a dialed out daily chart to give perspective on the now bullish short-term technical situation. Silver has clear support…
Yes, I have an interim deflationary view that is anti-commodities. But I am also a chart guy and someone who respects Commitments of Traders and public optimism/pessimism from a sentiment…
As employment decelerates, the media continue to choose to see a Goldilocks "soft landing" scenario, and it's right in line with a seasonal "last chance power drive" Never mind that…