The world expects the FOMC to update its expectations regarding a tapering of Treasury bond asset purchases tomorrow. The world thinks that a tapering of
The preferred support for gold is 1350. This morning gold is $10 an ounce below that level.
The precious metals are getting sold hard in the face of whatever ‘feel good’ thing is going on with some ‘US may not invade Syria
With reference to yesterday’s bigger picture look at the yield curves, here is a daily view of the 30 year yield vs. the 5 year.
As noted, this week’s letter was a difficult one because it raised a lot of questions, many of which seem to have opposite implications. Going
Interest Rates It looks like interest rates could get to target all in one big gulp after all. But the employment report this morning could
The 60 minute view from yesterday’s update has made a lower low as 260 was violated. Now HUI is looking for support at the EMA
A quickie to take a close up view… Yesterday’s low maintained a ‘higher low’ in a series of them off the August low. So by
The problems in the Middle East are messing with an important component of the gold mining fundamental case, crude oil. So let’s check the status.
The target zone is just above for gold. As you may have seen at the site, I do not care for hype. Especially when something
All appears to be going according to our script. The flag on HUI has dropped right to the preferred support level of 260 and looks
Last year we managed a ‘W’ bottom by first observing a cross up by weekly MACD and then confirming it with weekly TRIX, which moves
HUI has dutifully stopped at our projected 280+ resistance area. This was no great call because it always was going to at least hiccup there.
Here is the chart we have been using in NFTRH, showing inflation protected T bond fund TIP vs. regular T bond fund TLT. This ratio