NFTRH+; follow-through needed on these moves
A quick update on a couple of important indicators. The Gold/Oil ratio as represented by GLD/USO is bouncing hard today within its downtrend. As the gold mining bull I expect…
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November 8, 2022
NFTRH+; Gold & Silver futures, daily charts
The gold price (futures) has taken out resistance #1 at 1675 and is trying to take out 1700 as well. The next objective is around 1750. Aside from that, it…
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November 8, 2022
NFTRH+; a couple of important gold ratios
The nominal gold price is positive this morning and still trapped below initial resistance. The silver price has retaken and thus far held the daily SMA 50. The copper price…
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November 4, 2022
NFTRH+; updating USD (DXY)
The USD index (daily chart) is on the plan we laid out for it in an update last week. From that update... One option could be for a pop to…
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November 3, 2022
NFTRH+; SPX, Commodities, Gold & Silver, post-FOMC
It appears another FOMC was used as a reason to bull the markets (on hopes about a softening Fed) and then drop the markets (on dashed hopes). Gotta love those…
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November 3, 2022
Seasonality in Energy
Rightly or wrongly, I have been keeping myself from buying Energy stocks over the last several weeks even though XLE is in a pure daily chart uptrend. XLE is as…
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November 2, 2022
NFTRH+; Gold, silver and the Gold/Silver ratio
The gold price is up this morning as FOMC prepares to deliver its latest rate hike as it fights the last war. Below are the daily technicals, to be considered…
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November 2, 2022
NFTRH+; Important (IMO) discussion about gold stocks
You may recall that I (NFTRH) had a great investment in the former Great Bear Resources and Great Bear Royalties, both of which have since been bought out (by Kinross…
October 31, 2022
NFTRH+; near-term options for Uncle Buck
Back to the daily chart of USD (DXY), note the potential for a downtrend channel to be forming off of the latest drop as it tries to muster a bounce.…
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October 28, 2022
NFTRH+; Uncle Buck
USD (DXY) is cracking the SMA 50 today after making a lower high and a short-term double top. As noted previously, the next objective is the 108 area. This could…
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October 26, 2022
NFTRH+; two HUI ratios, plus
A couple of HUI ratio charts of note. HUI/Gold (GLD) ratio continues to hold up, T-minus 1 week to FOMC. HUI/SPX ratio holds up as well. With increasing signs of…
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October 26, 2022
NFTRH+; Uncle Buck, daily chart analysis
USD (DXY) has pulled back to the SMA 50 (110.71), which is the first important area to watch, with short-term lateral support (110.25) just below it. USD is in an…
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October 25, 2022
NFTRH+; Updated technicals on gold, silver & their ratio
Gold (daily) has barely bounced (although gold stocks have been trending up vs. gold for nearly 2 months now) and is trending down and locked below resistance. The weekly chart…
October 25, 2022
NFTRH+; Yield Curve
A snapshot of the 10-2yr yield curve this morning as long-term rates appear to be blowing off to the upside and short-term rates drop. In other words, bonds are getting…
October 21, 2022