NFTRH Interim Update 4.24.13, Precious Metals Mid-Week View
Given that the gold-silver ratio continues to rise (implying a coming liquidity contraction) and gold vs. the CCI commodity index tanked to the weekly EMA 300 and bounced (per chart…
Given that the gold-silver ratio continues to rise (implying a coming liquidity contraction) and gold vs. the CCI commodity index tanked to the weekly EMA 300 and bounced (per chart…
Excerpted from this week's edition of Notes From the Rabbit Hole, NFTRH 235: Is Gold as an Investment Finished? Before delving deeper into that question, perhaps we should see what…
Here is a daily chart of the GDX. Last week's huge volume has thus far not been followed up with anything dynamic to the upside. In fact, the activity looks…
Due to a commitment I made to my wife (some commitments have got to be kept, or else!) I may not have much time in front of a computer today. …
The chart is fairly self-explanatory. Huey is settling a little this morning after a strong start and could fill the opening gap and still remain on track for the noted…
We are well past amateur hour and heading toward day's end and the HUI (senior gold stocks) is still holding strong with today's recovery off of the capitulation into yesterday's…
Folks, it's a falling knife. It is also at a target zone (250 to 260) and deeply over sold. A certain mine developer in Ghana is selling for well below…
How nice to drop the gold stock focus for a while. In recent NFTRH we have noted the BKX-SPX ratio, which has been AROON trend down by daily chart but…
The answer is in and HUI flopped from this morning's reversal. It does not mean it can't rally or isn't trying to form a bottom, but there is no evidence…
Constructive work this morning with the drop and reversal. Seeing some Hammer candles. What I like is that the regular market is down and the precious metals are contrary that.…
I am not at the office today, so here is a quick mobile update. With reference to yesterday's update, here is a picture that is worth 1000 words. A cut…
Case-based 'White Paper' on the importance of unbiased TA: I would like to repeat the idea that it is best to subordinate yourself to markets at all times. To put…
A quick reminder that if you are a committed gold stock investor who does not care about the short-term, and find these updates dealing in short-term affairs disturbing, please disregard.…
Current gold ratio setups, a real world view of ratio analysis 'White Paper' As the Cyprus drama and other macro events play out and distort normal macro economic signals to…