Folks, the theme of the previous update is now past-tense. The opening gap on GDX is already closed (5 minutes into the regular session) and I for one am glad…
Taking a look at the daily chart of GDX, let's note a few things. The daily chart is becoming overbought. Recall that we recently noted the monthly charts are quite…
Yesterday we looked at the gold price. This morning let's take a look at GDX, which is still normal. Let's look at some parameters needed to keep it normal and…
It's not rocket science. We are going on technicals now, with the macro-fundamentals having taken a hit on the recovery in cyclical markets that was in the bag ever since…
[edit] So as not to be confusing, per the below I stated I'd take further action from the defensive side of GDX loses preferred support, and also stated that I…
Anecdotally, I caught flack on X and SeekingAlpha (two havens for the contrary indicator herds) for daring to write a title like... Late Innings For the Gold Stock Rally That…
Our plan for gold stocks has been to make a new high above the 2020 highs. That has been accomplished with HUI taking out 373 (current: 396 after making a…
Per the Daily Notes yesterday I increased positions in KGC and RGLD. I also added a second AEM position. That is so that I do not out-smart myself trying to…
Who could predict the timing? Well, I mean other than them. I certainly didn't, in releasing my hedge. Regardless, we are back to downside pullback (buy/op) management in gold stocks.…
05/12/25 Update: 'Genius' one day, clown the next. View remains unchanged and why there is time open on the view. Note the risk of my perception that it is late…
Nothing goes straight up or down, and that goes double for volatile markets like the precious metals. As the US dollar takes a pullback within its intact bounce point... ...Gold…
All according to plan and as anticipated could be the case. GDX had been going one way (up) and the stock market the other (down). So it makes much sense…
For much of 2024 we noted that the precious metals were not unique, as they were part of the broad asset market rally. However, in 2025 things began to change…
The Gold Miners ETF, GDX, has filled its first gap off of the overbought correction Hearkening back to the video from a couple of weeks ago, we noted an overbought…