Gold thus far holds the support, which can be seen on a weekly chart per a July 21st update. Here is the updated daily for review. Silver is the precious…
[See qualifying note added at end] Alert subscriber Michael has prompted me to look at something I have not looked at in years, quite frankly. I long ago simplified my…
A very simple update. This morning in pre-market the precious metals were tanking. Now? Not so much. Gold slammed the next support level we have noted at around 1680 and…
After adding GOOGL this morning to go along with other items I consider somewhat negatively correlated to long-term yields (DVAX, TWST, ZM, META w/ MSFT on priority watch) and thus,…
Yesterday's little contrary CPI bounce has failed as of pre-market this morning. Stocks (ES, NQ, Global) are down and base and precious metals are down as well. They of the…
CPI came out and it was a humdinger! Okay, that hype aside, the play is for a top in inflation hysteria and while the signals have been waning for well…
A scenario that was not mentioned in the previous update is that gold stocks (and other sectors, including the inflation stuff) could rally off of CPI, but that the big…
As you know, the daily charts are in gross looking patterns, having failed to hold support. HUI has filled its '212 gap' and also has a gap way down at…
I added SLV in after-hours based on Silver (futures, weekly chart) proximity to the clear support zone from 18 to 18.60. I prefer the metal to the miners at this…
Commodities are imploding all around but last week I could not resist taking NatGas (UNG) and today I added Wheat fund, WEAT. The reasons? Pretty simple. It's been hammered 35%…
The target for silver is 18.25 per NFTRH 709 and this post. Just a reminder as the seasonal (30yr average) becomes favorable while the inflation bugs have been selling the…
I'll take a subscriber comment from the previous update and apply the view to GDX as opposed to HUI in line with that subscriber's prompt. I know plenty of people…
The 'HUI 212' gap is filling today. Anything below 213 fills it and Huey's low today is 212.65. That's the good news. The gap is out of there. The not…
The US dollar broke above resistance at the 2016 high (not shown on this daily chart), dropped back to test the SMA 50, popped back above resistance, faded to test…