Aside from silver's loss of support, gold is breaking down from what appears to have been a bear flag pattern defined as the lame rise from mid-May. One would not…
In NFTRH 241 we noted that silver was at an important support level. The equivalent of this support is being broken today on the SLV ETF: Despite the bullish precious…
The HUI has clear parameters per the daily chart. While still above the now upturning EMA's 10 & 20, it is fine. If it were to drop below these averages…
As I was charting long-term Treasury yields in NFTRH 241, I ran a chart of the ratio between the banks and the S&P 500 and what do you know? The…
This morning it looks like some predictable turbulence is hitting the precious metals. The daily chart did what we wanted it to do yesterday and broke the EMA's 10 and…
Excerpted from Notes From the Rabbit Hole #240, dated May 26, 2013. Alan Greenspan gave them the playbook (Credit & Debt Manipulation 101) and now Ben Bernanke and global inflators…
This week is thus far helping the case of a double bottom scenario with the MACD triggering upward after the recent bullish divergence (by RSI and MACD) and reversal day…
In reference to yesterday's update, the lame activity continues with no follow through in dealing with the EMAs 10 and 20. What's more, it could be forming another bear flag. …
The daily GDX chart shows that the senior gold stocks have been contained by either the daily EMA 10 or EMA 20 since failing the 50 day and 200 day…
Well, QE jawbone week is living up to its billing isn't it? I went out for a run with everything very green and came back to hard downside reversals. The…
Today and tomorrow we will find out the degree to which the markets continue to be enthralled by the jawbones of policy makers. The big market is ripe for a…
I read a piece this morning by Josh Brown, the Reformed Broker, in which he destroys the 1999 comparison for the stock market. He makes some excellent points about why…
The overnight hit took gold to a test of its recent lows and silver to what could be interpreted as a long term support point. Gold was driven down hard…
This is no call to action. This is just a view of the weekly chart from NFTRH 231. Recall that the secular bull market Fib retrace level was 260, but…