In alignment with the still rallying but not yet confirmed macro state of the cyclical inflation/reflation-sensitive copper and other commodities, the indicator that would travel
Category: Precious Metals
Silver Daily, Weekly & Monthly Technical Situations
We’ve covered the status of Amigo #1, Gold: It broke upward from the post-March consolidation. We’ve covered the status of Amigo #3, Copper: Still rallying
3 Amigos: Gold, Silver & Copper
Gold: counter-cyclical, risk ‘off’ qualities, defensive w/ some inflation sensitivity. Silver: cross dresses between counter-cyclical and cyclical, more offensive within the PMs, inflation sensitive. Copper:
3 Metallic Amigos
As usual, the counter-cyclical Amigo, the swinger Amigo and the cyclical Amigo tell their macro stories. Gold (counter-cyclical), which would benefit from a risk ‘off’
Gold and Silver Sentiment & Seasonal Averages
On May 10th in NFTRH 602 we reviewed the sentiment and seasonality of gold and silver. At that time gold’s public optimism was elevated as
Silver/Gold Ratio
The ratio between the silver price and the gold price is one of the two most important indicators (at least in my work) to the
MAG… nificent
It’s just one of many silver stocks making strong moves, but today’s burst in MAG breaks it through a resistance level, leaving only the August
Silver… Any Questions?
The title could be read as a cocky blogger exhibiting bravado as his target came in to perfection today (ooh, look at me but just
Silver Gets on its Horse, Lurks Below Target
The silver price is making a nice move today toward the target at or just below the SMA 200. I am not saying that 17
Silver Locks, Loads Near-term Target
Silver continues its break through the SMA 50 after holding key short-term support. The target area is thick lateral resistance and/or the SMA 200 (16.95).
Silver Making a Move
Okay, easy now. It’s just the move that we’ve been not so much expecting as allowing for. A hold of support and take out of
Head Spinning After a Tin Foil Adventure, Back to What I know: 3 Metallic Amigos
This morning I made the mistake of venturing out to the gold websites, where I found Mr. Clive – Man Who Stared at Charts in
Gold/Silver Ratio: “Slowly I turned…”
Or in Moe’s classic Brooklyn accent, “slowly I toined…” I am thinking it might be nice to have a running view of the Gold/Silver ratio,
The Work That Silver Needs to Do
The daily futures chart makes it clear. Silver had a pre-market whipsaw up and back down this morning and it remains on consolidation at short-term