A short and simple update this morning. The 10yr-2yr yield curve is ticking a new high off of what I believe is secondary extreme inversion to the one from March.…
The very fact that I am producing my Men Who Stare At Charts shtick means that I am practicing "pattern recognition", staring a would-be pattern that could be a Head…
On the technical side, GDX is doing nothing we did not discuss in the video update on July 19. It is getting a good disturbance during FOMC week, as anticipated.…
Please let me know how this type of update works for you. It's more me winging it than carefully choosing and writing words in a blog post. In other words,…
Back to the GDX daily chart for some micromanagement of the gold stock correction. With GDX nesting on the SMA 200 yesterday and per the trade log, I released my…
While team Gold Bug is probably out there sleuthing the usual reasons for the 'b/s correction' (it's not b/s) or spinning the end of the world (buy gold!) coming any…
Gold stocks approach NFTRH target; what's next? Hey, what do you think I am, a swami? I don't definitively know the answer to that. The guru or perma-bull down the…
I call it noisy because I am sensitive to the fact that I introduced it to you, increasing your noise level. But sometimes it's damned if you do, damned if…
In microcosm the markets did what they (IMO) should do. Gold stocks went up at the dawn of a positive fundamental phase and most everything else went down at the…
The GDX Gold Miners ETF takes a well deserved pullback, as if on cue Of course I was clueless that a pullback would come today. But it was my job…
An update of the progress of GDX for gold stock traders (as opposed to investors) to consider. If you took gold stocks for a trade consider that GDX is now…
I originally expected the 27-28 area to hold for GDX. So let's not have some guy pretending that he predicted what is happening now. But let's do recall that we…
In this update on the HUI, HUI/Gold ratio we also noted that GDX had not yet filled its gap below 29. Well, now it has. Filled it yesterday and is…
The macro fundamental situation is key for a bullish view on the gold mining sector Just last week I put up a post talking about the healthy correction in the…