The current macro theme is an ongoing inflationary reflation that will one day meet its end and morph into another liquidation along the Continuum (caution about that is currently targeted…
Silver/Gold and Gold/Silver ratios are among our most important indicators. Silver has more pro-inflation, pro-cyclical characteristics and is a more commodity-like commodity than gold, which has more monetary characteristics. The…
With reference to yesterday's update showing a potential Head & Shoulders pattern on a weekly chart, let's dial in to the daily and marvel at how they don't make it…
Take the below as a 'what if?' exercise, as in what if long-term yields reverse in a brief deflationary turn? Before yesterday I was prepared to raise cash further in…
[edit] We have been noting that some higher profile gold stocks have worse charts than a lot of the smaller ones. This is being reflected in HUI's pattern. Using KL…
I made an aside in NFTRH 638 that the market would probably bounce the precious metals to screw up my shorts. Well, it has and it is no big deal.…
Pardon the post title that is trying too hard to be cute. RGR's daily chart is flagging down to a clear support area. The SMA 200 is trending up and…
Of course, nothing is assured so a tolerance should be observed for VZ, which I added over the last week on two separate occasions. It's probably a boring trade, but…
While the daily chart situation shown in the previous update is still the same, the 15 min. chart, which we viewed on Monday, is still working to try to mitigate…
[edit] To clear any confusion, Target #2 is the 260 +/- zone we've discussed for several months. Drawn in detail here, it is the noted support zone, biased to the…
Interesting snapshots of gold and silver below, opening 2021 in contrast to the bullish seasonal averages. I think we are shaping up opportunity here. Keep an eye on silver and…
A little micro management for anyone interested. The key line for HUI to hold is noted below. So far it is holding. A gap has been filled to the downside…
Here's an in-day update that is hopefully coherent, given that I'm doing everything in real time. I'll post it first and edit it second. It is not lost on me…
The precious metals obviously got caught up in the sleazy sentiment backdrop whereby everybody's terrified on Wednesday and relief sweeps the land on Friday. Never mind that Payrolls sucked and…