Gold in Euros holds trend

Gold/EURUSD holds major daily uptrend Just an fyi for my European friends. Despite gold’s tank job in USD terms, Au/EUR is thus far holding trend. A European sees gold much differently than an American at this time. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic … Continue reading Gold in Euros holds trend

Does the Copper/Gold ratio look good to you?

Me neither… For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by Credit Card or PayPal using a link on the right sidebar (if using a mobile device you may need to scroll down) or see all options and more … Continue reading Does the Copper/Gold ratio look good to you?

Oncoming gold stock bull

As the proper macro fundamentals for gold mining grind into place… The real price of gold, as represented on the chart below by gold in relation to commodities, is constructive to have bottomed. As inflation expectations continue to fade with the Fed still in hawk mode this should continue, in order to confirm a bottom. A majority of gold bugs seem to think that gold … Continue reading Oncoming gold stock bull

Gold bugs, be not saddened

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 top, include gold bug inflationists touting silver, copper, hogs, oil… gold! The Fed is not listening to anyone humping deflation. It is listening to the bond market and dead set on destruction… Inflationists are being … Continue reading Gold bugs, be not saddened

The “best of times” for gold (and the miners that leverage it)

The best of times to come for gold (and gold miner) investors, if you’ve survived the worst of them Let’s let Charles Dickens teach us a few things about not only gold investing, but investing in general: “It was the best of times, it was the worst of times… “ It is now the best of times if you’re a gold bull who has somehow … Continue reading The “best of times” for gold (and the miners that leverage it)

Gold in various currencies

Gold as measured in major currencies (and a digital speculation) It’s not a major consideration of mine as far as precious metals indicators go. I think it is an overrated indicator from the past. But here is the state of gold vs. the debt-supported, intrinsically valueless paper/digital (funny) munny (daily charts) issued by governments and for comic effect, the new speculative crypto whiz kid. These … Continue reading Gold in various currencies

A couple funny pages from a premier gold website

Kitco brings a couple of funnies today as more negative hysteria enters the picture This is one of the sites that publishes my content off and on. Mostly off I think. But it’s a widely followed gold site. Did you know that At $1,700 the gold market is on the cusp of ending its bull-market run – TD Securities? Gold entered a new cyclical bull … Continue reading A couple funny pages from a premier gold website

Stock market assigns more power to the Fed than gold bugs do

The stock market is very predictable in its Fed obsession A frustration of dyed in the wool gold bugs is that a debt soaked system moves forward on little more than the confidence that all will remain as it has been. This confidence focuses on the Federal Reserve and it’s ability to inflate the system when needed. But the flip side of that ‘in the … Continue reading Stock market assigns more power to the Fed than gold bugs do

Palladium: it’s a conspiracy, I tell you!

Gold promoters’ selective thinking Can you imagine if gold got clobbered by 7% in a day? It’s an attack! The cabal is at work here! It’s JPM and those rotten Banksters, I tell you! Hold the fort my Comrades in Golden Arms! They are just trying to scare you out of your positions! Can you imagine if gold took the type of hit that Palladium … Continue reading Palladium: it’s a conspiracy, I tell you!

Gold is about value; the miners are a speculation upon ‘value’

Gold and gold miners have two completely different utilities Gold is… A pretty rock that is dug out of the ground. This heavy rock has been assigned value by humans since time immemorial. That value has been its stability as an asset, a refuge from the excesses of rampant speculation, the likes of which often visit stocks (e.g. climaxes in 2000, 2007 and 2022) and … Continue reading Gold is about value; the miners are a speculation upon ‘value’

Gold price is spiking!

Gold’s stock and commodity adjusted prices are spiking The nominal gold price is not only going nowhere; it’s fading bearish on a daily chart view. Gold is experiencing selling pressure by the inflation bugs, which I will not belabor for the 1001’st time. Let’s simply note that as the macro markets in general continue to pivot away from the inflation hysteria and toward a bearish … Continue reading Gold price is spiking!

Gold vs. cyclical and more inflation-sensitive markets

Gold’s ratios to cyclical markets continue to pivot Just an updated picture of the macro pivoting toward what will be a positive fundamental backdrop for gold mining. The holdout continues to be the last inflated man standing, crude oil and the energy sector. While Gold/Oil is still pinned gold has made a move of the bottom vs. Energy stocks (XLE). That’s something, at least. When … Continue reading Gold vs. cyclical and more inflation-sensitive markets

Just another Cu & Cu/Au post

Copper and Copper/Gold continue the dark messaging These things take longer than you’d think when you initiate the analysis at its start. It was about a year ago that I began watching for negative divergences to the inflation that even then was front page news. Then economic Doctor Copper embarked on a forever sideways journey of ups and downs before finally breaking down for real … Continue reading Just another Cu & Cu/Au post