HUI Nears Pattern Target
I will be the first to admit that I do not consider chart patterns to be nearly as important as support/resistance and trends in TA. Still, I am a sucker…
I will be the first to admit that I do not consider chart patterns to be nearly as important as support/resistance and trends in TA. Still, I am a sucker…
There has been a lot of talk about how gold is not a good inflation hedge. Indeed, with the recent bounce in inflation expectations, this was shown to be true…
A few weekly charts of larger gold and silver miners originally shown in NFTRH 390 as part of a package of 11 different stocks, large and not so large. AEM…
Well, last week I knew I smelled a rat in AAU and today I found out Otto at IKN has uncovered a big, dirty rodent infesting not only AAU, but…
Yesterday I noted how Almaden rocketed higher without the miserly bidder who failed to fill the day before. But that's casino patron talk. You're gonna win some and you're gonna…
Sometimes we win, other times we lose and still other times we sit there and think 'Oh #%$@&!!!!, why did I nickel and dime this thing yesterday in trying to…
GDXJ is going to break one way or the other pretty soon. It's in a Diamond, which is a consolidation pattern, usually thought to have no bias between trend continuation…
With the monetary metal popping by a couple hundred bucks an ounce in 2016 people are coming out of the woodwork to advise us about its vast upside and on the other side of the spectrum, its dangers. I have done a lot of bitching and moaning about gold’s promoters and bashers alike, because they seem to use similar sets of incorrect assumptions from which to extend their theses. Let’s focus on one of the negative articles; in this case a negative piece on gold mining.
I think I am going to do this on a semi regular basis going forward, with both bullish and bearish articles that I think are not giving people a straight scoop (as I see it, anyway). For some reason gold stirs emotions far beyond the average asset. There is ideology, religion, politics and flat out misunderstanding in the worst of gold analysis. Gold mining can be even more misunderstood due to the sector’s unique counter-cyclical dynamics.
Gold Equities Are Not Good Long-term Investments –Seeking Alpha
I agree wholeheartedly with the title.
Not so fast folks. Per an NFTRH update this morning GDX is not yet indicated to be correcting and I sold my DUST positions (sorry, I did not make a…
Our little Nugat theme is all done now because I no longer like the taste of being leveraged short the miners. I am taking +15% on the trade and moving…
Yesterday I got to tell the world about my lousy trade, being short 3x gold miner bull NUGT. Writing a post about it was the easy part. Losing money hand…
Last week I got to post up my bounce longs, showing the little sliver of the world that visits NFTRH.com my great prowess in trading. Add in a couple of…
For months we have been having a little fun with some bears who were managing the final "plunge" using log charts. Here's the weekly log showing the breakdown that tantalized…
We introduced the graphical view of the preferred counter-cyclical environment for gold and especially the gold stock sector in July: Macrocosm. We have updated the view several times since at…