The precious metals have continued pulling back and per our work in NFTRH 567 could have lower to go. Gold halted perfectly in the targeted resistance zone and this morning…
An update to yesterday's update. When I looked at silver in US pre-market this morning it had a big red candle well below support. Now it has hammered back above.…
Since silver has been the leader lately this more hysterical metal is better than gold for gauging the general precious metals correction from overbought readings. Let's keep it super simple.…
You may or may not be interested in the bombed out Pot sector, but CWBHF (CWEB.TO) is a related company (CBD/Hemp products) that has had the best chart of the…
Time for a checkup on the rally starting with silver, which is trying to take over leadership, per the futures charts below. Please click for clearer views. The best target…
One negative aspect of participating a little more on Twitter is that when viewing its streams, the information in tweets and all the response tweets can be overwhelming. Unlike when…
As with gold, silver only consolidated at the most recent resistance zone. But unlike gold, silver's resistance was significant. It pulled back as expected but that pullback was a shakeout…
It tells us it's bullish out there! Putting away the pompoms we see that Huey is hitting a zone of potential resistance on the weekly chart below (click to enlarge…
People can argue the valuations of these companies and people would have a valid argument. But insofar as Royal Gold, Franco Nevada and more recently Wheaton have been sector leaders,…
Well, it may not feel so wonderful (although if planning to buy, it sure may) but the expected pullback came in the form of the all too logical FOMC 'sell…
We projected a coming pullback for the hysterically overbought miners (GDX, per this update) and gold. It is here, and it is good. The update shows support for GDX in…
GDX Weekly Chart We noted the overbought status of daily GDX earlier. The weekly chart is also getting overbought. This leg has been vertical, after all. That is impulsive and…
Nothing has changed for me. As long as the fundamentals stay intact I am bullish. But since the gold sector came out of the gate this week still on a…
Macro & Sector Fundamentals We have been tracking the real fundamentals for gold stocks and the two that were still in question are gold's ratios vs. stock markets and the…