NFTRH+; About That Gold Miner Hedge Position, Part 2
Gold stocks have been plucky, hanging in there after Monday's drop. I have covered my DUST positions not really for that reason, but for what silver is doing. It is…
Gold stocks have been plucky, hanging in there after Monday's drop. I have covered my DUST positions not really for that reason, but for what silver is doing. It is…
Well, in NFTRH 838 I noted that my hold on the DUST miner hedge was probably tenuous. But today, the USD is proving that the holiday week moves were indeed…
Some internal market perspectives on this holiday week. The US dollar index is down today, testing the breakout support area at 106. Yet the Gold/Silver ratio is strong, in a…
First off, GDX is unsurprisingly bouncing to fill Monday's gap down. It is just under the daily EMA 20 and resistance in the 38.50 area. So nothing has changed technically,…
Gold is down, and the USD is down. The market is celebrating the newly nominated Treas-Sec, who the market believes will fall in line behind Trump in making America great…
With reference to yesterday's update on GDX, the ETF is still sitting below resistance and it is the weekend of a week that included a fair amount of noise, including…
The gold stock sector is bouncing after holding a key level at the uptrending daily SMA 200 (orange) and the former downtrend channel's top. A subscriber mentions the potential of…
Silver is usually a precious metals leader, both for better (up) and worse (down). Hence, we focus on it due to its implications for the PM complex, especially gold and…
I will be on the road for a good chunk of the day, so I want to put this picture up before I leave. In an NFTRH+ update yesterday, it…
Silver has been in a good correction within its uptrend. This is serving to reset sentiment and if the pullback holds certain parameters as expected, it is a healthy buy…
Two important guides to the internals and leadership within the US stock market are intact to the bull case, despite the recent and continued weakening of Semiconductor index leadership. Semi…
Today GDX is dropping hard to fill the September 12 gap up at 37.41. It is also smashing into support at 37.30. This could contain the pullback, but using HUI…
Pro-Business, Pro-Market, Anti-Fiscal Responsibility Agree or not, a majority believe that Donald Trump will be good for the economy because he's a businessman. The kind of business he does relies…
We had reviewed something of a wedge or ending diagonal, represented by the lower red line. That is being broken this morning as the 50 day moving average is also…