The elements in play are similar. Inflation fears in play, the Fed was tardy in 2022 to begin hawking. This time inflation fears (not really inflation, but that's semantics) have…
The previous update gave an analysis-backed opinion of the future course of gold stocks and the macro in general on a bigger picture. This update dials back to the 3…
We used a monthly chart like this for years while gauging the technical start of the bull market in 2016, on through several major corrective legs and rallies. We used…
In NFTRH 917 we looked at several indications of a frothy and increasingly manic stock stock market. That included a very subdued VIX (volatility index). However, when viewing the VIX…
While we wait for the Silver/Gold ratio to give a go-ahead or denial... ...its partner that we have used in the past is looking like it's giving a go-ahead. The…
While watching the Silver/Gold ratio for its signaling in the precious metals and wider commodity/resources areas, let's also update the would-be leader, silver. The daily chart, live in pre-market, made…
If it's going to bounce, this would be the ideal level. The stock market has barely begun to pull back, but the precious metals and other metals have led the…
With the continued breakout in Treasury yields (ref. today's entry #4 in the daily notes), the spike in the US dollar and what looks like a head fake in the…
We have been watching for an end to the correction in the complex, as would be led by silver. So let's update silver's status (as it gets hammered this morning),…
The Silver/Gold ratio exploded higher after a long post-crash base. "That is usually a sign that the basing phase is done and a up-phase is taking place." - Captain Obvious…
Doink meaning 'an important signal is triggering'. It is all well and good for us to look around the macro and see charts bouncing and otherwise reacting to geopolitical news…
It feels different this time, from the previous TACOs and subversions of peace talks. We shall see. But the markets sure are reacting as if it's real this time. As…
I went over to the Indicator Charts page and fiddled around a little. I added 50 and 200 day moving averages to the GDX/Gold ratio and came up with a…
I have favored a resumed precious metals correction after a short-term bounce. But I am never afraid to be wrong. Well, I don't like it. But I'm never afraid to…