Gold Miners: 2016 vs. Today
A few observations on GDX when viewing the previous big time rally (which was probably the first move of a bull market that began in 2016). Click the chart for…
A few observations on GDX when viewing the previous big time rally (which was probably the first move of a bull market that began in 2016). Click the chart for…
It's nice to see an orderly pullback in this sector because that is out of character with the pullbacks of the 2011-2018 bear market. I'll leave aside specific pullback projections,…
You may know me as the... ...guy. The guy using the planets of an imaginary gold sector Macrocosm with proper fundamentals that are decidedly not imaginary but rather, are necessary…
It's not a chart of nominal HUI with upside technical targets. We'll do that in NFTRH this weekend, along with the usual individual miners. Rather, it's a companion to other…
I make the point in the title because the real fundamentals that matter for the gold stock sector must be in line at the beginning of a real bull phase…
So February comes around (with HUI at a long-held NFTRH target by the way) and I complain about the golden bull horns mustering the troops onto the Au 3000 Express…
Well, we (NFTRH) had the gap on radar for a reason and that reason came yesterday. Today HUI is doing it one better and going for the 62% Fib retrace…
So today we had some gold stock buying at the equivalent of the favored pullback support area noted in this post on April 18th. With all due consideration that there…
Before the promotional corners of the gold community start with the conspiracies, excuse making and general placing of blame everywhere but where it belongs, let's simply note that this correction…
One problem for the gold stock sector was highlighted here and here evidently a little too obnoxiously for the liking of some bugs. The problem was the aggressive bullhorn sounds…
It does not mean that the pullback in the miners (and gold/silver) is over but it does mean that an annoying issue is being addressed today. HUI has not quite…
Thinks the inflationist gold bug: Why, I pitch gold miners and gold and silver and oil and tin and copper and hogs and... inflation! Buy resources!! Buy whatever will go…
First the ugly. I hold a small position in this piece of crap bought in January for no chart reason whatsoever. And I hold a more sizable position in this…
As the stock market cracked on October 10th we noted... Looks Who’s Holding Firm Amid the Carnage; the Gold Miners And sure enough the GDX bottoming pattern noted in that…