Optimal Gold Stock Macro Evolving
The macro setup for gold stocks is evolving into something that will surprise many after decades of poor fundamentals I don't make a habit of pumping the most frustrating stock…
The macro setup for gold stocks is evolving into something that will surprise many after decades of poor fundamentals I don't make a habit of pumping the most frustrating stock…
Private Payrolls are the latest weak number (+150k) amid slow economic deceleration We anticipated Goldilocks back in Q4, 2022 - Q1, 2023 but she has been more intense and longer…
The relationship between gold and inflation is not usually a positive for gold stocks, but that is changing I want to call your attention to an article by Jordan Roy…
The Divergence Between Gold and Gold Miners While I do not necessarily agree with the writer's assertion that mining costs are likely to keep rising, short/intermediate-term, the writer has got…
The Gold/Oil ratio would resume a positive fundamental tailwind for the gold mining sector if it breaks out As crude oil/energy is a large part of gold mining cost structures,…
Gold stocks are among the most hated equities in the stock market, but that will change as the macro shifts in their favor for the first time since 2001-2003 It…
Gold and gold stocks, current view Below is my response to an NFTRH subscriber by email. I think it is a good idea to briefly state clearly where I am…
The gold mining sector rallied as if on cue after our update highlighted some positives While noting that nothing other than an oversold condition was technically actionable (a strong argument…
Yes, a positive move in gold stocks It's just one day but a positive move in gold stocks is happening. Rah rah, sis boom bah! Right girls? Oh wait, absolutely…
The next leg of the gold stock bull market is in play amid confusion, misunderstanding and noise Please see edit at the bottom of the article. The next leg of…
Gold stocks are not yet unique within the wider macro, but that does not preclude a move to 40 by GDX [edit] Interesting, however, that on the day this was…
GDX has taken on the posture of a freak bullish Inverted H&S The good news: Sometimes these bullish patterns actually work. The bad news: Just as often (to my eye)…
The time is at hand for gold stocks to prove a phase change similar to 2001-2003 Huey lugs his cart of rocks out of a mountainside shaft In 2000 a…
Gold mining stock charts have not yet confirmed a sustainable rally, and Q3 fundamentals may be a headwind We have used this daily chart of the gold stock ETF, GDX…