NFTRH+; GDX, No Surprise Here
Yesterday GDX poked the target zone of 108-110. Now it is decision time. Reviewing the factors in play, we anticipated that a bounce could very well coincide with earnings season,…
Yesterday GDX poked the target zone of 108-110. Now it is decision time. Reviewing the factors in play, we anticipated that a bounce could very well coincide with earnings season,…
The Materials sector has been one that has been rotated into as Tech (especially software) has been rotated out of. Much like the gold mining sector and other more commodity/resources-related…
NFTRH 903 got pretty wordy and not overly charty. So let's update the daily chart technical situation in gold, GDX and silver as they stand in pre-market. After taking a…
To this point, the expected bottom and rise in the Gold/Silver ratio, dragging USD up with it, has pressured the precious metals and many aspects of the commodity sphere, as…
We had a look at a short setup in an overvalued darling yesterday in this NFTRH+ update. Today we have an update on a buy setup for a not nearly…
First a disclaimer: NFTRH is a macro market planner and strategizer, not a trading service. But you knew that already. When plotting short setups, especially against massively momentum-fueled, over-valued darlings…
While the US dollar is soiling itself so far this week, the Gold/Silver ratio (GSR) maintains a rally stance. So one of the 2 Horsemen is firm at least. However,…
By now, through up cycles and down ones, you know my simple views on gold. "Gold is about value, not price" being the primary one. In a fiat world gone…
Well, it is certainly not a grind. It's a series of down and up elevators for silver. Because of course it is for gold's wild little bro. In this update…
We had a long and prosperous rally in gold stocks for the right fundamental reasons. When the Silver/Gold ratio bottomed and turned up it introduced inputs of massive speculation and…
The US stock market's trends are up. Most indexes are technically intact and it's a bull market. So bear speculation needs to take that "good news" into account. But that…
After yesterday's updates, first my conversations with bullion dealers and then a subscriber's due diligence, another subscriber checks in with 'boots on the ground' information, along with a suggestion for…
After my previous update on silver this morning, I heard from a subscriber who added a boat load more due diligence on top of mine. The conclusion is the same…
The dislocation in the silver market is abnormal. There is likely validity to the concept that the silver price has, through various means, been shall we say "repressed" nominally and…