On August 11 the potential and reasoning for anticipated pivots in the US stock market and the gold sector were noted in this article: Potential Pivots Upcoming for Stocks and…
Again, it's not a good timer, but it is a good risk vs. reward meter. The metals continue on their journey toward an unfavorable alignment. HUI has by the way,…
We've been noting the bullish daily pattern in silver/SLV that completed during August. It is the shaded thing on the chart. We also noted in NFTRH 462 that silver has…
Using HUI/GLD for the daily chart of an important sector leading indicator, we see a ratio price that is above the declining SMA 50 and below the declining SMA 200.…
An interesting week, folks. Gold's Commitments of Traders took on more bullish speculators and corresponding commercial net shorts. The little guy shorted, which should be a tiny little positive for…
After a brief back and forth with Mark at IKN last week and a quick look at the IKN Weekly's opening I'd like to make a disclosure on something. While…
Lawyers and Psychologists Steve Saville has a post out called Don't Think Like a Lawyer. In the post he notes the following... "The job of a judge or juror is…
I took a short on silver on the big pop this morning because a) the implications of weak CPI and Retail sales favor gold over silver, but silver popped harder…
Just a simple view of the GLD daily chart. If the party in stocks continues aggressively, this is likely to fail the support at the convergence of the moving averages…
It is my only short position now, having taken losses on a couple market shorts (partially hedging longs) and a gain on crude oil (just because I was straight out…
It's funny, as I have talked about the risks in the precious metals (and even done some shorting), I have had 'but Keith Weiner says the implied fundamentals of gold…
Gold is ticking a 'higher high' to the February high this morning and technically, that is a good thing (implying a confirmation of an uptrend). But never do you buy…
I don't often short the precious metals other than for hedging purposes, but this time I am taking a kick at the can and buying puts against SLV, just because…
Silver miners vs. the metal they dig out of the ground are not doing well at all. Gold miners vs. the metal they dig out of the ground have a…