NFTRH+; Some Micromanagement on GDX & GDXJ (Daily Charts)
Nice, the miners are going green after a tough start. But GDX has not taken back the SMA 50, which it lost this morning after dumping out of a bear…
Nice, the miners are going green after a tough start. But GDX has not taken back the SMA 50, which it lost this morning after dumping out of a bear…
Gold is still wearing its happy face (that content looking pattern) :-) as it maintains the SMA 50 and support and thus continues to target 1940. Trends are and have…
I am finally getting myself oriented after being on the road yesterday and completely missing the FOMC nothingburger of future inflationary policy. The broad markets are using COVID-19 resurgence fears…
I am trying not to be an indiscriminate buyer. I added the shares of WDOFF back that I'd previously sold and bought and increased FNV. But I am still thinking…
The CDNX/TSX ratio was first and the Silver/Gold ratio was second. Today CDNX/TSX ratio is getting clobbered. A reaction always was going to come about, but this is a severe…
Picture = many words. The US dollar index lost the SMA 200 and support at 98.30, dropped to and through the next support level at 97.65 and this morning is…
FNV is apparently being puked by the the institutions that no doubt piled into the premier gold stocks during the Corona-panic. They must be busy chasing value (that's sarcasm) in…
NFTRH+ has been designated as tier 2 in the updating system, whereas tier 1 is for more detailed or higher priority updates and tier 3 is just brief notes (and…
Per a subscriber's request, let's take a look at the silver futures as it stands at 11:25 US ET. The silver price stopped right at the resistance level we've been…
Well if this is not a decision point I don't know what is. USD index is making a hammer candle right at the last ditch support line we've been watching.…
I am not showing you anything new here but I tend to continually review indicators like this both for myself and for others who maybe have not caught all details…
With word back in April that Apple may be partnering with TSMC (replacing Intel) to make its chips, and with news that TSM is building a plant in Arizona for…
It's nothing we have not been expecting for some time now, but the Silver/Gold ratio (SGR) is bonking its head right into the target zone today. Personally, I am a…
The Silver/Gold ratio is still ramming upward along with its reflationary companion the CDNX/TSX ratio. We noted the near-term bullishness and the cautions therein in updates last week and in…