The word play in the title is in reference to the ridiculous fuss over COMEX gold inventory and other promotions masquerading as fundamentals put out by cartoons masquerading as analysis.…
We avoid turning away from it when its message is bearish, as it was in October. Now, entering December the Commitments of Traders show Commercial and Large Spec data are…
Gold (GLD) vs. a grab bag of commodity funds...
Since it seems to be the time to start writing more about the miners after years on the out cycle, with only the eternally bullish pompom squad micro managing the…
Excerpted from this week's edition of Notes From the Rabbit Hole, NFTRH 352: For what seems like forever we have been mechanical in managing the precious metals because they have…
A few relevant charts to the still-bouncing gold sector... HUI-Gold ratio holds above the SMA and EMA 50's. The 10yr-2yr spread is above the MA 50's. Gold vs. Stock Market…
As posted at Biiwii this morning…
There is a writer we’ll call Don Quixote who is tilting at something that no longer really exists… the evil gold promoters that used to be taken seriously by innocents to the tune of near total destruction of their portfolios.
Don once went on about the gold cult and I even highlighted his post because I had been going about the gold cult as well. The cult-like aspect of the gold “community” (← a dead giveaway) was real, and the group-think that the 2001-2011 bull market fostered was very strong and really damaging to those who did not question its tenets until it was too late.
Gold's CoT data predictably improved again this week, but here I think some discussion is needed just in case it starts to get hyped too much. Below is the CoT…
Too many Bugs got too brave as the CoT structures became bearish for a correction at least, and bear market resumption at most. I leaned toward the former. We'll check…
A reprint of an article from our old 'biiwii.com' site... A Value Proposition (November 3, 2007) As the rot in Wall Street’s dark alleys works its way from the inside…
There seems to be a cottage industry out there, led by a very smart man with a very smart computer, who calls anyone who says anything bullish about gold a…
As posted at Biiwii... Improving Macro Backdrop In light of a shifting global macro backdrop that we can finally sink our teeth into with respect to a bullish orientation on…
Some really important charts to interpreting the macro... Sorry sports fans, but gold has still not established a daily up trend vs. the US stock market. Not yet. Gold vs.…
Here is the big picture view of the 10yr-2yr Treasury yield spread with gold shaded in the background. People who successfully get through this bear market in gold will have…