A snapshot of the current technical status of key ETFs… GLD filled gap, which now closes out the geopolitical hype and leaves gold on its
Yesterday we had some supports threatened and in some cases broken. Today these are being repaired. Further, the Silver-Gold and GDXJ-GDX ratios remained at a
There is not much new here, but I thought I would pass along an updated view by daily charts…
No matter the debates over inflation vs. deflation, increasing employment vs. sound monetary policy or systemic health vs. fragility (and whatever else is flying around
With Copper rising above the converged 50 and 200 day SMA’s (around 3.18/lb) and with commodities in general at do-or-die support, I wanted to put
Here are a few of yesterday’s charts updated as today’s pivotal events (no pun intended) play out.
From the ETF update yesterday summarizing the precious metals:
A snapshot of current daily technicals…
BBRY is a turnaround play, pure and simple. John Chen is at the helm and has a tough job ahead of him in re-branding this
We’ll keep it simple in managing this morning’s decline. The silver support zone has been 19.50 to 19.75 (chart from NFTRH 300 below). The lower
Outside of the sound practice that is physical gold ownership in a time of monetary gamesmanship, the precious metals sector is all about speculation, at
The real or asset adjusted price of gold continues to make positive progress in several areas. Below we update gold ETF GLD vs. a few
HUI continues to make good improvement by its daily chart, which means that the already constructive weekly chart is gaining the upper hand.
The market bounce is providing a potential opportunity for those who care to, to re-short. As you may know I covered a short on SPY