Gold vs. Bitcoin

The monetary metal has changed trend vs. monetary digits The future of money will have to wait before the new digital munny is ready to take over safe haven ‘liquidity’ status from the old metallic monetary relic. Where the former has the laser-eyed likes of know-nothings Tom Brady and Paris Hilton among its promoters, gold only has history; long, boring, staid, tepid history (oh yeah, … Continue reading Gold vs. Bitcoin

FYI, Rick Ackerman commenting here on gold (and Apple)

Just a heads up that a guy I’ve known of and respected for many years has been commenting on this post from Monday about the negative divergences to inflation: Not inflation friendly I note it because if one of the typical gold bug knuckleheads had shown up here I’d be disappointed. But a guy who goes his own way and calls it as he sees … Continue reading FYI, Rick Ackerman commenting here on gold (and Apple)

Bitcoin: Acting like the speculation it is

As USD and Gold rise, Bitcoin acts like the speculation that it is The US dollar is roofing… Gold is also getting the global liquidity bid. And then there is BTCUSD, acting like a speculation along with all the other speculations the world over. Where’s Tom Brady and what’s her name, the hotel heiress come crypto big mouth when you need them? For “best of … Continue reading Bitcoin: Acting like the speculation it is

NFTRH 692, out now

Very helpful as a guide in times of change, sorting through different short and long-term conditions and associated strategies. NFTRH 692, out now. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by PayPal or credit card using a button … Continue reading NFTRH 692, out now

The Zombie Ship of Theseus

Keith Weiner with a stroll down monetary Memory Lane, to and through Bitcoin Leave it to Keith to get way outside the box when viewing money, (funny) munny, gold and Bitcoin. “The Ship of Theseus is an old philosophical thought experiment. It asks a question about identity. Suppose you replace all of the boards of a ship with new ones—is it still the same ship? … Continue reading The Zombie Ship of Theseus

Strange Bedfellows in the futures

US dollar rises and so do markets not normally correlated with it Strange signaling in today’s pre-market as the US dollar rises from support above the up-trending SMA 50… As Bitcoin also rises… Copper holds support… Silver is firm… …and gold creeps above its SMA 200. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth … Continue reading Strange Bedfellows in the futures

NFTRH 675, out now

Screenshot, tell the nice people what you will… Now offering a 2 week free trial to the NFTRH Premium service with no obligation whatsoever. Sign up by PayPal, enjoy 2 free weeks of on-point market management and if it is not for you, cancel at any time with no further obligation. When you find that it is for you, stay on for as long as … Continue reading NFTRH 675, out now

So MSFM, how’s that Bitcoin Golden Cross working out? w/ Bonus chart of HUI

Mainstream financial media bullhorned a golden cross in Bitcoin just before it dropped (of course they did) On September 16th the MSFM touted a Golden Cross for Bitcoin bulls to suck on and I, considering it almost my duty, made fun of them for it. Same shit, different day (and market). It never ends. Oh, and in order to read all about it, you’d have … Continue reading So MSFM, how’s that Bitcoin Golden Cross working out? w/ Bonus chart of HUI

Hard test for Bitcoin

BTC/USD is making a fairly dramatic test of the 50 and 200 day moving averages Thus far the test sees the Bitcoin price intact, technically. Just avert eyes from daily RSI and MACD (and instead train them on a weekly chart for a somewhat more pleasant view). For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an … Continue reading Hard test for Bitcoin