Silver (SLV) is breaking through resistance. Gold (GLD) is as well. Gold-Silver ratio and USD (UUP) are going in different directions today. This will not last. HUI led the Silver-Gold…
The Fundamentals are Thing 1 and the technicals are Thing 2. Some aspects of Thing 1 became positive as early as 2014, when gold began out performing virtually all commodities. …
Among a select group of writers (aside from myself) published at Biiwii is Keith Weiner of Monetary Metals. This morning we have published the following... Gold Demand Falling He is…
I continue to like Thing 2 better than Thing 1 because a) the macro environment - as indicated by today's jobs report and other economic data/indicators - and b) this…
At least the gold and silver held in the Central Fund of Canada's vault is a bargain as it was still selling for a 5.5% discount to NAV at the…
I'm leaving the gold CoT out because it did not change much from its bearish state.* Silver on the other hand, saw another week of net improvement as of Tuesday's…
We do in depth analysis on a weekly basis (and every day in-week) because there is no substitute for working to be right with the market’s evolving situation as opposed to making bias or ego stoked calls in hopes of being right.
The current situation has seen some calling ‘bullish’ on the stock market despite a still intact bear trend (noted repeatedly in NFTRH), people going bullish on commodities despite their “bounce only” (also noted repeatedly) status in the absence of real, market-based inflation signals (which I do think are coming soon) and global markets bouncing within bear trends of varying degrees.
But the good feelings of the last 1.5 months have been indicated as a counter-trend bounce to reset the unsustainable bearishness of January and February’s downside, although the bounce has come very close to the point where it could negate the bear trend. As yet, it has not.
Using the ETFs, we find gold in the nose of what would normally be thought of as a bullish Triangle (continuation) pattern. However, we'll note here what NFTRH has been…
[edit] I am glad I write an in-depth financial market report every weekend because it forces me to do work that sometimes adds context to these quickie posts and in-week…
While routinely following the precious metals as one of many sectors in NFTRH, we have mostly left it alone with respect to public writing over the last few years. That…
At the last reading, the gold and silver CoT had improved again. Gold was already ridiculous, but silver, which had been middling, really took a positive move. Here are the…
And so begins the healing process after the ritual known as the periodic 'Running of the Gold Bugs'. As of Tuesday, the goons had begun unwinding gold and silver short…
I remember in the earlier stages of the bear market an article analyzing the Commitments of Traders data that broke it down to include the Producers' activity as part of…
Gold got loved by large specs and gathered some commercial shorts. Silver had a lot of interest relative to gold, pound for pound (or oz. to oz.). The Goons took…