An NFTRH subscriber asked and I provide. Simple. Last week we really firmed up the initial upside target for the sector (HUI). That was due to its daily chart pattern marrying up with the monthly chart objective we’ve had in play for the better part of a year now. I created new, cleaner miner charts in NFTRH 600 last weekend, and while we’ll be adding … Continue reading B2 Gold (BTG) Charts Per Request
999 from when I was a lot younger… 999 from today… OSK.TO sold for +9%. CORVF sold for +9%. BTG sold for +9%. I guess I wanted to raise some cash today. Moderate profits, sure. But on non-core items I’ll take ’em. Subscribe to NFTRH Premium (monthly at USD $35.00 or a discounted yearly at USD $365.00) for an in-depth weekly market report, interim market … Continue reading 999
I think I over compensate against my personal dislike of the gold sector’s various perma marketeers and promoters, not posting as much publicly about the sector as I do about US stocks, Treasury bonds/yields and maybe even global stocks and commodities. But probably the most important and detailed segment in NFTRH has been the Precious Metals segment since we began getting constructive on the macro … Continue reading Meanwhile, Over in the Gold Mining Patch
Booking both of these, each for +12%. BTG was added per a note in a regular report and GSV was an NFTRH+ highlight the other day. I’m taking the GSV profit because it is squarely in the projected bounce zone and the BTG profit just because I want to, to put it in less than technical terms. Now we wait to see what the “bearish bulls” … Continue reading No One Ever Went Broke Taking Profits; GSV & BTG Edition
A few notes at mid-week. After getting the dual signals on gold (ref. my crude cycle chart and the CoT report data in NFTRH 428) and labeling gold in a developing positive risk vs. reward situation, I decided to buy back SAND and BTG at around the same prices I sold them last week as part of the year-end general profit taking I undertook to … Continue reading NFTRH; Market & Trading Notes
As often noted, we should all have decided whether we are an investor, trader or whatever other style of casino patron we are prior to the correction. I hesitate to micro manage these things after they are well in progress because it feels like being a play-by-play caller, which I never want to be. That kind of stuff can encourage some people to abandon their … Continue reading NFTRH Update; Gold Miner Correction Progress
Gold got blown up in 2 days with respect to the short-term rally. Watch for gold to bottom before silver as we likely transition into a phase of gold leadership over silver. Key support is from the 1300 down to 1270.