NFTRH+; Gold & Silver status, pre-FOMC
Gold is still clinging to the uninspiring support area in the 1670s. As it stands now, the 'handle' consolidation/correction that I'd originally projected in 2020 has long since given way…
Gold is still clinging to the uninspiring support area in the 1670s. As it stands now, the 'handle' consolidation/correction that I'd originally projected in 2020 has long since given way…
Copper/Gold and Oil/Gold correlated with the 10yr yield From yardeni.com, a visual representation of one implication of the Copper/Gold ratio, which I often make a big deal about. If the…
Eggheads assemble, as FOMC meets Ooh, can't you just cut the tension with a knife? FOMC is going to hike the funds rate by at least .75% tomorrow and according…
Junk bond ETF outperforms both Treasury and 'investment grade' (IG) bonds As would be expected, nominal junk (HYG) is pretty bearish along with the rest of cyclical/risk 'on' markets. It's…
Back to regular PDF format this week. NFTRH 723, out now. For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth…
Whereby I try to make you listen to a garage rock song that is probably not to your taste with a nasally sounding singer who I am pretty sure is…
"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,…
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…
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…
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…
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…
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…
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…