Gold/Oil and Gold/SPX are important for a positive view of gold mining. Gold/Oil is a direct sector fundamental measure of the gold mining product vs. a primary mining cost driver.…
Here is a weekly chart of the Nickel futures price. Nickel is up by 22% this week. Just an FYI for anyone interested (my Ni position is TLO.TO/TLOFF, which has…
As the global counter-party, USD's recent failure has been the primary source of financial market cheer lately. But as usual, things are not so easy as defining a target, having…
NFTRH 731 included daily charts of gold, silver and HUI. For the sake of perspective, let's again review the monthly situation on the HUI Gold Bugs index. Our operating thesis…
There is a solid percentage of German subscribers to NFTRH and while Europe in general is not (yet) making a big move, Germany's DAX index is. So I thought I'd…
Anti-markets (to a seasonal rally scenario) being the US dollar index (DXY) and Gold/Silver ratio, which signal lack of liquidity when rising together and sufficient market liquidity when dropping together.…
Today the market is supposedly negative due to election uncertainty. But whatever way it goes, the historical post-election data suggest out performance compared to the 2022 run up to the…
The USD index (DXY) is on plan to the October 28 update that stated... One option could be for a pop to the top of the channel, which would be…
A quick update on a couple of important indicators. The Gold/Oil ratio as represented by GLD/USO is bouncing hard today within its downtrend. As the gold mining bull I expect…
The gold price (futures) has taken out resistance #1 at 1675 and is trying to take out 1700 as well. The next objective is around 1750. Aside from that, it…
The nominal gold price is positive this morning and still trapped below initial resistance. The silver price has retaken and thus far held the daily SMA 50. The copper price…
The USD index (daily chart) is on the plan we laid out for it in an update last week. From that update... One option could be for a pop to…
It appears another FOMC was used as a reason to bull the markets (on hopes about a softening Fed) and then drop the markets (on dashed hopes). Gotta love those…
Rightly or wrongly, I have been keeping myself from buying Energy stocks over the last several weeks even though XLE is in a pure daily chart uptrend. XLE is as…