The title’s quote is one of many eminently quotable messages I had the pleasure of receiving over a few years of contact with a late,
Well, today the expected reversal in USD is firming up as the big down day on Monday gets some follow through. There is nothing much
A technical snapshot of key ETF’s… GLD has bounced from critical support (equiv. of gold 1180). MACD triggered up is positive.
Well, here came the short covering rally in the precious metals. By calling it that I don’t mean that it cannot turn into something more,
The following is an email from subscriber Francisco. I thought I would use it as a basis for an update on gold and the miners
Updating the charts we have used to gauge October’s little bearish ripple and projected bounce back.
With its position well below the ‘205 parameter’, I am not trying to look for positives because that was below our tolerance to begin with.
A brief update on the headline US markets, namely the Dow, S&P 500 and Nasdaq 100. Beginning with the latter, we note that Mark Hulbert’s
Commodities of all kinds have been degrading for months now, as we have noted all along. At some point there is going to be a
We had noted that the miners could bounce at any time. That time needs to be now for GDX to avoid lower lows. GDXJ, due
A snapshot of the current technical status of several key markets (a lot of charts today because macro changes seem to be in effect)… GLD
Excerpted from the September 21 edition of NFTRH, #309, which went on to do extensive technical and macro work across all the key markets… Last
Gold stocks are down again today and it is now decision time (for the sector if not individuals). That is because the parameter is to
There are a lot of things in play today, including a notable rise in the gold-silver ratio concurrent with USD (finally, these two are both