USD is in what could be a little bear flag forming after the breakdown. A bear flag could rise to test the breakdown resistance, but more likely could fail to…
Gold futures daily chart... Gold's leader, silver, has already taken out its 50 day moving average as it thinks about testing the May high of 26.43. Gold is making an…
A subscriber asked for a chart of the 30yr Treasury yield showing longer history and that prompted this update. Interestingly, the Continuum of pleasantly declining long-term Treasury yields (bond bull…
Just as we are aware that a USD bounce would probably rattle the markets, let's also be aware of the fact that commodities and resources have not only not been…
My feeling - quite possibly wrong, but IMO not misguided - is that things are getting a bit hysterical now based on one cool jobs report and one cool CPI…
The deceleration in backward looking inflation signals continues, to little surprise. We have been managing a Goldilocks macro (inflation not too hot, not too cold) and that is where we…
Back to the GDX daily chart for some micromanagement of the gold stock correction. With GDX nesting on the SMA 200 yesterday and per the trade log, I released my…
While team Gold Bug is probably out there sleuthing the usual reasons for the 'b/s correction' (it's not b/s) or spinning the end of the world (buy gold!) coming any…
I neglected to include this in NFTRH 764, so here it is as an update. While we are managing a normal correction in gold and ultimately bullish forward prospects when…
Each week in NFTRH we robotically note the ongoing downtrend in crude oil and post-crash basing situation in NatGas. Let's look at both commodities in more detail. As a reminder,…
A little daily chart micromanagement for you. A live look at the futures shows gold bouncing a bit this morning, right into the new resistance zone. Gold will not even…
A little more micromanagement for you. The silver price has now bonked the first key support level, as defined by the upside touch point of the May 2022 cluster and…
Not a good look here by the Canadian TSX-V (daily chart). To review, da 'V' would be indicative of life in the more speculative areas of the inflation trades, and…
While waiting on the larger macro (Powell talking up the hawk, still tilting at inflation), potentially including a future end to the bear market rally in stocks and/or an end…