An inter-market view of a few sectors and markets… vs. SPY. What is important here is not to look at these charts like a TA
Tag: Gold
Silver and Gold up, but Silver/Gold is key
The silver price and gold price are both up big today in response to the Fed’s QE announcement. Obviously the sector is doing well today.
3 Metallic Amigos… please avert your eyes
Better yet, don’t avert your eyes. You need to see this. The pictured Amigos seem of a different, more innocent time. See their wackiness. See
Super simple monthly chart of Gold
It doesn’t include this morning’s little bump, which sees it trying to take back the daily SMA 200. But regardless, the gold price is in
Gold Miners: Dismissing the inflation Bugs
Below is a monthly chart of HUI telling some stories of the past. The 2003 to 2008 bull rally ended with Huey’s “crown of thorns”
Gold is Tanking!!
Side note disclaimer: I covered shorts in gold this morning. I think it could go lower nominally, but I don’t care. Anyway, on with the
3 Metallic Amigos give their signals (Amigo #3: “Ruh Roh!”)
This is not just another ‘Amigos’ update, as you will see near the end of the post. As usual, we’ll go with daily charts on
Gold’s hidden affinity for Treasury bonds
Editorial comments follow the charts. Amid the massive rush to risk ‘off’, just look at the similarities between long-term Treasury bonds… …and the Gold/Commodities ratio.
Protected: NFTRH; Opportunity at Hand?
There is no excerpt because this is a protected post.
3 Metallic Amigos weigh in amid COVID-19 scare, post-Fed mini panic
Here are the daily and weekly futures charts of the Amigos, which were live as I saved them a few minutes ago. Click for larger,
Protected: NFTRH; Then (Q4 2008) vs. Now
There is no excerpt because this is a protected post.
NFTRH; Gold, Silver, HUI & US Stock Market
NFTRH 591’s Opening Notes segment detailed an intact but at risk stock market and a bullish gold miner view, concluding with this… “The nearer-term pictures
Gold vs…
Some gold (GLD) ratios for you macro indicator dorks like me… Gold vs. SPY, despite yesterday’s dive bomb… Gold vs. Global (ex-US) Gold vs. Commodities
It Was a Dive Bombing, Not a Carpet Bombing
I went out in the afternoon with gold screaming upward on COVID-19 hysteria. I see something like that and I mentally prepare for the “volatility