Gold: The Anti-Bubble
Gold is not a risk asset, it is an insurance policy, and the gold mining industry will one day leverage that characteristic Just as a standard financial insurance policy is…
8 Comments
August 25, 2023
GDX Gold Miners ETF, Daily Chart Updated
GDX, the Gold Miners ETF, faces its first clear resistance Oh how long we have used this chart to guide into and out of rallies and corrections in the gold…
Comments Off on GDX Gold Miners ETF, Daily Chart Updated
August 23, 2023
Gold Stock Correction Finally Hits Target #1
The gold stock correction has been in play since GDX/HUI doubled topped in April-May Gold Stock Correction From a Seasonal View We begin this article, which updates the gold stock…
August 17, 2023
Gold Stocks: Nothing Special
In the current macro setup, gold stocks are nothing special (yet) They are at it again. Articles catching on to the US dollar breakdown are appearing in the smaller media…
Comments Off on Gold Stocks: Nothing Special
July 19, 2023
Gold Stocks (GDX); per Plan
Gold stocks approach NFTRH target; what's next? Hey, what do you think I am, a swami? I don't definitively know the answer to that. The guru or perma-bull down the…
June 29, 2023
Gold miners are on schedule
Gold miners continue to correct per projections as GDX drops toward a buy zone The gold and silver Commitments of Traders, as tracked each week in NFTRH leading into the…
May 26, 2023
Inflation bugs puking for the wrong reasons after April PPI report
The April PPI report continues the disinflationary theme The April PPI report came in to the disinflationary side, and as a side note unemployment claims jumped to the highest level…
Comments Off on Inflation bugs puking for the wrong reasons after April PPI report
May 11, 2023
Opportunity in gold stocks that most will miss
It's been two decades of pain with interim bullish flashes in gold stocks, and the herds are painfully aware. They've learned their lesson and now they'll miss a coming opportunity…
April 22, 2023
Yesterday’s subscriber update on the GDX Gold Miners ETF, now public
The GDX Gold Miners ETF takes a well deserved pullback, as if on cue Of course I was clueless that a pullback would come today. But it was my job…
April 14, 2023
Gold mining macro fundamentals checkup
The gold mining macro fundamentals that matter are constructive and likely to improve in 2023 Real gold mining macro fundamentals matter. A lot. Here is a list of things that…
April 7, 2023
A look beneath the surface of the gold stock correction
As the gold stock correction continues, HUI's ratios to the gold price and S&P 500 do not yet indicate an end to the process The gold stock correction is thus…
Comments Off on A look beneath the surface of the gold stock correction
February 13, 2023
Gold mining sector: Check your assumptions
The macro fundamental situation is key for a bullish view on the gold mining sector Just last week I put up a post talking about the healthy correction in the…
Comments Off on Gold mining sector: Check your assumptions
February 13, 2023
A healthy gold stock correction
The sector is pulling back from the overbought risk area, as anticipated for a healthy gold stock correction Let’s take a look at a rarity for me; a public article…
Comments Off on A healthy gold stock correction
February 9, 2023
GDX Golden Cross: a price paid
Another Golden Cross, another heartbreak and a price paid by believers in this TA novelty It usually, if not always, goes this way. As noted on January 24, the Golden…
February 3, 2023