Gold’s alternate scenario at a seasonal low

Is that an inverted H&S in gold? I responded to someone's tweet about gold with the monthly chart below, which we've been viewing in NFTRH updates as an alternate scenario.…

Comments Off on Gold’s alternate scenario at a seasonal low

Gold mining GOR-fest

Gold miners (HUI) are out of whack with the Gold/Oil ratio (GOR) and the Gold/SPX ratio This isn't to say that the would-be bounce (HUI is postured in a small…

Comments Off on Gold mining GOR-fest

Gold Ratios: Still negative while other indicators start to turn

While the interest rate backdrop swings favorable, other gold indicators are not yet While real yields are negative (positive for gold) and credit spreads are weakening (positive for gold) the…

Comments Off on Gold Ratios: Still negative while other indicators start to turn

RG and Me

With RG's permission to reproduce... This is a post that many readers will probably find unvarnished, if not crude or repugnant. In the newsletter world we are supposed to be…

Comments Off on RG and Me

Gold vs. SPY (and other markets/assets)

Gold is now bouncing vs. most risk 'on', inflation-sensitive and/or cyclical markets/assets Since first noting the very spark of an initial hint in NFTRH 653 and then again in this…

Comments Off on Gold vs. SPY (and other markets/assets)

Man Stares at Daily & In-Day Charts of Gold

Daily and in-day pictures of the gold price The daily chart looks like a normal day in gold. The rally has now come to the target established in March. Simple…

Comments Off on Man Stares at Daily & In-Day Charts of Gold

When Might Gold Become Useful Again?

The title is a trick question. Gold is always useful, even when its heavy ass is going down in price or going down in relation to economically correlated assets like…

Comments Off on When Might Gold Become Useful Again?

Gold vs. Everybody Else

Gold is not for inflation, but for what comes after the 'good' inflation runs its course It has been one big trade on inflation. Notice how SPX, DJW and copper…

Comments Off on Gold vs. Everybody Else

Gold’s Correction Approaching a Limit?

Gold and long-term Treasury bonds are risk 'off' bedfellows If you think that the heretofore inflation signaling 30yr bond yield is approaching an upside limit maybe you think the same…

Comments Off on Gold’s Correction Approaching a Limit?