So we have talked a lot about the sector funda and macro funda which, with stocks and commodities out performing gold and long-term interest rates rising with inflation, are not…
It was just an inkling, the little double top in the SPX/Gold ratio referred to several times in NFTRH 653. Flipping it over, we find the Gold/SPX ratio furthering its…
Reference the now public NFTRH+ post from March 29: NFTRH+; A Boring Stock in an Exciting Pattern I am having as much of a crappy day today as lots of…
Bullet points to consider... The macro has been inflationary for a year. Everybody is on board that train. With the limiter of 2.7 to 2.8% not yet reached on the…
NFTRH 653 included a few references to a tiny little hint about the SPX/Gold ratio and a would-be double top. Today's trading made the tiny signal a little less tiny.…
As it stands now we already do not have good fundamentals for a gold miner rally but still do have an ongoing technical bounce sprung by over-bearish sentiment. HUI has…
Sure, anything can happen. But at the moment long-term yields are recovering, which has been the expected course... ...if the Continuum is going to reach the limiter. Markets usually push…
In Thursday morning's update we projected the initial support levels for HUI at 290 and 282, the second of which is better support because it has a much thicker visual…
A simple update showing the world (ex-US) vs. the US market in light of the punitive (to the wealthy and US corporations) Biden tax plan that should come as no…
Just another update micromanaging the ongoing bounce in the metals and Gold Bug index. Gold has reached the top of the original channel we have been following, but I've added…
If we used the speculative and inflation/reflation-sensitive TSX-V index on the way up we should also use it on the potential way down. For newer subscribers, this was used as…
After VIX broke down to fill the 2020 fear gap we noted two new support areas, and the first of those at 15 (actually 15.38) has been hit today. From…
Daily charts of gold, silver and HUI Gold is further on track this morning per our bounce theme. In taking out the SMA 50 it looks like the channel top…
In yesterday's Trade Log I noted a gut feel that the pullback/corrections in the reflation trades may be ending. Exhibit A: The Copper Miners ETF, COPX. I see this bullish…