Gold Stocks: Nothing Special
In the current macro setup, gold stocks are nothing special (yet) They are at it again. Articles catching on to the US dollar breakdown are appearing in the smaller media…
In the current macro setup, gold stocks are nothing special (yet) They are at it again. Articles catching on to the US dollar breakdown are appearing in the smaller media…
My feeling - quite possibly wrong, but IMO not misguided - is that things are getting a bit hysterical now based on one cool jobs report and one cool CPI…
I neglected to include this in NFTRH 764, so here it is as an update. While we are managing a normal correction in gold and ultimately bullish forward prospects when…
Thanks to Jordan for another opportunity to talk too much (about stocks, gold, commodities and what have you) By the way, I confused myself early on when talking about the…
A little daily chart micromanagement for you. A live look at the futures shows gold bouncing a bit this morning, right into the new resistance zone. Gold will not even…
As the 10yr-2yr yield curve inversion plays out, the time is coming for a turn in fortunes Before proceeding, I'd like to remind you that this article is not written…
The CRB/Gold ratio rose impulsively as it should have during a cyclical inflation problem that got out of the Fed's hands As noted in the previous post, the SPX/Gold ratio…
The stock market (SPX) as adjusted by gold was in a real bull market until 2000, was in a fake bull market during the times it rose from 2001 to…
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…
Well, I have been all over the place with these two (especially silver), looking down, looking up (small inverted H&S pattern), down, up, down... You get the picture. I have…
With reference to the earlier update, Gold/ES is still below the support line and trying to put a tail on its candle to consider undoing the breakdown. Of more importance,…
Gold held below the SMA 50 (ref. NFTRH 761) and is dropping post-FOMC because, of course it is! It's FOMC week and the Fed is talking tough and the inflation…
This would be an appropriate time for gold's ratios to stocks and commodities to hold and turn back up. With SPX in the preferred target zone of 4219 to 4300…
It is very preliminary, but the Copper/Gold ratio is making the slightest hint that a bounce could be coming within this downtrending market ratio. That could signal that the latter…