Excerpted from NFTRH 250 (August 4, 2013) Momentum: the quantity of motion of a moving body, measured as a product of its mass and velocity. the impetus and driving force…
Gold fund GLD is losing the equivalent of the 1300 support level we noted as important. SLV is losing an equivalent support level, although above the recent low of last…
We have used the 'continuum' (monthly chart of the 30 year yield) for years now to define tops in inflation expectations (red arrows at or around the EMA 100) and…
Broad Market The economy is growing and the inflation may finally be taking root. Those are two messages that I think are coming out of this week. If the economy…
Insert here the old saying about a picture and 1000 words... HUI tried to get up and out of the consolidation flag yesterday but oh yes, it is FOMC week…
It is as notable as a 2nd term president handing off the big problems to the next guy, as George Bush did with Barack Obama in 2008; the changing of…
Note: After feedback from one subscriber I want to remind all subscribers that if your orientation is to establish long term positions based on fundamental value or macro outlook and…
Earlier we noted that HUI was still in an AROON downtrend, which is how it closed. But today did the trick in bringing more than a handful of what can…
Well, we are certainly getting the follow on momentum we wanted to see. More and more weekly MACD's are triggering up, following our leader examples, AG and PVG. In fact…
Please refer to this morning's public blog post Precious Metals Must Make a Stronger Statement Still. The best thing happening in the precious metals in my opinion is the HUI's…
Yesterday was an impulsive looking move and something of a statement in itself. But now technically, the metals and miners need to gather themselves (after a potential pullback on profit…
Two conditions are looking very good... Gold vs. oil and... Gold vs. broad commodities. This is exactly what we want to see continue along with this rally.
The HUI gapped the open. There is also a gap below highlighted in yellow. We should not worry about these because if they are breakaway gaps they are signs of…
As a reminder: Gold has significant resistance at the 50 day averages (1335 to 1338) and visual @ 1350. Silver at the 50 day averages just above 21 and then…