The Gold/Copper ratio did not break down
The Gold/Copper ratio is intact and indicating risk for the cyclical global macro We projected a rally to run from Q4, 2022 to or through Q1, 2023. It is technically…
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March 1, 2023
As the Gold price gets hammered…
The gold price is getting hammered, but its ratios generally are not... And that means something. Using the associated ETFs... Gold price adjusted by the silver price: not hammered. Gold/Silver…
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February 3, 2023
Gold in global currencies, looking good
Gold price is trending up vs. major global currencies The corrections will come to the nominal gold price, but a real bull market will need participation vs. all major currencies…
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January 18, 2023
Copper/Gold ratio up big today!
The copper price is up big today vs. the gold price, but... ...unfortunately for cyclical inflation bulls, it got croaked the last two days and broke down from an already…
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January 5, 2023
Copper/Gold ratio and the inflated macro
The Copper/Gold ratio broke down as expected in 2022 In 2021 we noted for month after uneventful month the most recent consolidation at resistance by the ratio of the copper…
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January 3, 2023
2022: The Golden Year?
In 2022 the gold price has started to validate our projection from last December, and 2023 should see a bull move in gold miners emerge for all to see (and…
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December 21, 2022
Gold vs. ‘Inflation expectations’
The gold/inflation expectations (GLD/RINF) ratio has bounced within a major daily chart downtrend To finish turning the macro from inflationary to dis/de-flationary, we'll need to see gold bust its downtrend…
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December 8, 2022
NFTRH 732 excerpt on Bonds & Gold
NFTRH 732 excerpt discusses bonds and bond market indicators with respect to the gold price US Bond Market For someone who uses the bond markets as important indicators to the…
November 21, 2022
As inflation eases, the macro grinds in favor of the gold mining sector
The macro market and economic backdrop continues to pivot favorable for the gold mining sector The risk/reward for gold stocks has been very good after 2.5 years of correction that,…
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November 18, 2022
Q: Where does the risk lie?
Where is the risk, in gold or crude oil? The gold price has been deflated by the oil price to an extreme degree since 2020. The trend in the Gold/Oil…
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November 17, 2022
The gold price in global currencies
As the gold price rallies, it maintains its trends to rallying global currencies The relative trends in the gold price to major currencies range from neutral with a positive bias…
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November 15, 2022
Trey Reik on monetary policy & gold: A Call to Arms
Trey was an NFTRH subscriber back when he was a research analyst at Sprott, and has since gone on to form or at least become a major part of the…
November 14, 2022
Gold stocks: until ‘things fall apart’
Party on if you will, but the gold mining fundamental case is not complete Back on October 14th we reviewed why a post-bubble contraction would be the proper time to…
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November 4, 2022
Au/ES, Au/HG & Au/Ag ratios (& USD)
Gold's ratios to stocks, copper and silver (daily charts)... "It's a process" he parroted for months on end. Gold/ES continues its recovery and bodes well for the counter-cyclical view from…
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October 11, 2022