A little daily chart micro management sees the first GDX gap fill this morning at around a 38% Fib retrace of the rally from the October low. The gap fill…
As the USD continues to recover after grinding support a couple days ago and the Gold/Silver ratio continues to bias bullish (ref. yesterday's pre-market update), let's take a look at…
Two important market signalers are firm together this morning. The US dollar index is, in typical fashion for this market that flips its signals daily, holding after we noted its…
The US dollar index is starting to grind the breakout point above the March high. A bull trap, even if temporary before higher levels, could rhyme well with a stock…
A little more micromanagement of GDX as the bounce/rally continues along. The correction is still technically in force and here we simply review what's needed to put it in the…
A back and forth email string with a subscriber about war/politics and markets jogged me into a realization. As you may know, over the years I have been cautious about…
With great drama do these things unfold. The gold price (CFDs) is up a whopping 43 in pre-market. It has impaled initial resistance and is testing the down channel and…
A quick daily chart snapshot of gold and silver, along with the Gold/Silver ratio in pre-market (US). Gold (CFDs) is rising toward clear lateral resistance at 1890 to 1900. There…
War, famine, pestilence, terror... none of it is a proper fundamental for gold. Gold is a monetary asset. The dumbest of money fleeing to it because war is in the…
The silver price is bouncing from an oversold condition as the Gold/Silver ratio spiked and we projected a near-term cool down in that ratio. Well, here it is. If the…
As gold holds curiously firm, stocks drop and yields and USD spike in the wake of the big payrolls number it is time to be watching the gold stocks to…
The 10yr/2yr yield curve has made a higher high to the spring high after making a secondary extreme inversion in July. Our plan is that the secondary inversion was a…
Just a quick follow up to this morning's video update. First and most importantly, I've changed the chart's color scheme from that tiresome yellow to something easier on the eyes.…
During the update I watched GDX go from slightly negative to slightly positive. I literally talked myself into taking the profit on gold miner short, DUST. The correction is likely…