NFTRH+; Silver Miners
Well, the speculation is that the Reddit pumpers are on silver miners this morning. Having seen what happened to a lousy movie theater (AMC), a lousy game store (GME) and…
Well, the speculation is that the Reddit pumpers are on silver miners this morning. Having seen what happened to a lousy movie theater (AMC), a lousy game store (GME) and…
As harped upon for the better part of a year now, it's all about the US dollar with USD being the anti-market to most cyclical and 'risk on' markets being…
In true testament to the idea that a TA can make a chart say whatever she wants it to say, let's put aside for a moment the H&S pattern (ref.…
Another HUI micromanagement update. HUI daily is losing the pattern neckline in-day. It can hold the breakdown or it can head fake reverse back upward. I does not matter to…
If the inflation play holds up through the current short-term (ref. this morning's update) pullback copper stocks should again get bulled. As an example, FCX is pulling back hard, possibly…
Silver/Gold and Gold/Silver ratios are among our most important indicators. Silver has more pro-inflation, pro-cyclical characteristics and is a more commodity-like commodity than gold, which has more monetary characteristics. The…
With reference to yesterday's update showing a potential Head & Shoulders pattern on a weekly chart, let's dial in to the daily and marvel at how they don't make it…
[edit] We have been noting that some higher profile gold stocks have worse charts than a lot of the smaller ones. This is being reflected in HUI's pattern. Using KL…
I made an aside in NFTRH 638 that the market would probably bounce the precious metals to screw up my shorts. Well, it has and it is no big deal.…
Pardon the post title that is trying too hard to be cute. RGR's daily chart is flagging down to a clear support area. The SMA 200 is trending up and…
Of course, nothing is assured so a tolerance should be observed for VZ, which I added over the last week on two separate occasions. It's probably a boring trade, but…
While the daily chart situation shown in the previous update is still the same, the 15 min. chart, which we viewed on Monday, is still working to try to mitigate…
[edit] To clear any confusion, Target #2 is the 260 +/- zone we've discussed for several months. Drawn in detail here, it is the noted support zone, biased to the…
Interesting snapshots of gold and silver below, opening 2021 in contrast to the bullish seasonal averages. I think we are shaping up opportunity here. Keep an eye on silver and…