A quick update on a couple of important indicators. The Gold/Oil ratio as represented by GLD/USO is bouncing hard today within its downtrend. As the gold mining bull I expect…
The gold price (futures) has taken out resistance #1 at 1675 and is trying to take out 1700 as well. The next objective is around 1750. Aside from that, it…
Party on if you will, but the gold mining fundamental case is not complete Back on October 14th we reviewed why a post-bubble contraction would be the proper time to…
The nominal gold price is positive this morning and still trapped below initial resistance. The silver price has retaken and thus far held the daily SMA 50. The copper price…
It appears another FOMC was used as a reason to bull the markets (on hopes about a softening Fed) and then drop the markets (on dashed hopes). Gotta love those…
The gold price is up this morning as FOMC prepares to deliver its latest rate hike as it fights the last war. Below are the daily technicals, to be considered…
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Macro changing in favor of the gold stock sector is and has been a process The process began with the leveling off of inflation's momentum and continued as the global…
A couple of HUI ratio charts of note. HUI/Gold (GLD) ratio continues to hold up, T-minus 1 week to FOMC. HUI/SPX ratio holds up as well. With increasing signs of…
Gold (daily) has barely bounced (although gold stocks have been trending up vs. gold for nearly 2 months now) and is trending down and locked below resistance. The weekly chart…
As the Fed fights the last war (on inflation) the result is a rare thing; a bear market haven called cash, paying increasing income Safety Vehicles Gold: For long-term financial…
Gold's ratios to stocks, copper and silver (daily charts)... "It's a process" he parroted for months on end. Gold/ES continues its recovery and bodes well for the counter-cyclical view from…
Gold/SPX (GLD/SPY) ratio still bulling Here we have an important view underneath the market's surface, eh? For "best of breed" top down analysis of all major markets, subscribe to NFTRH…
Gold (daily chart) halted right where it was logical to halt, at the SMA 50. Now it needs to hold the EMA 20 (1698) and the associated support, which goes…