Read more about the article NFTRH+; The Hint Continues to Evolve

NFTRH+; The Hint Continues to Evolve

The Gold/SPX ratio continues its way upward, after breaking above the SMA 50. Here's the larger view for more perspective. As yet, considering all that resistance traffic above it is…

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Read more about the article NFTRH+; Gold/SPX Ratio

NFTRH+; Gold/SPX Ratio

Since NFTRH 653 we have been managing the most subtle of bearish hints in the SPX/Gold ratio. Today the hint is a little more pronounced. Flipping the SPX/Gold ratio over…

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Read more about the article When Might Gold Become Useful Again?

When Might Gold Become Useful Again?

The title is a trick question. Gold is always useful, even when its heavy ass is going down in price or going down in relation to economically correlated assets like…

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Read more about the article Copper & Industrial Metals vs. Gold

Copper & Industrial Metals vs. Gold

The indication from the metals is cyclical, pro-reflation and inflationary You cannot look at this chart and claim that the backdrop is not still firmly cyclical as the reflation created…

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Read more about the article Gold vs. Everybody Else

Gold vs. Everybody Else

Gold is not for inflation, but for what comes after the 'good' inflation runs its course It has been one big trade on inflation. Notice how SPX, DJW and copper…

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Read more about the article Gold and the Miners vs. SPY

Gold and the Miners vs. SPY

A look at a key indicator for the broader macro and for gold stocks The US stock market is getting clobbered today on Biden's capital gains and corporate tax plans…

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Read more about the article NFTRH+; Gold, Silver & HUI

NFTRH+; Gold, Silver & HUI

Daily charts of gold, silver and HUI Gold is further on track this morning per our bounce theme. In taking out the SMA 50 it looks like the channel top…

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Read more about the article NFTRH+; Gold & Silver

NFTRH+; Gold & Silver

Long-term yields are up this morning and to no surprise at all gold and silver are pulling back. Recall that our view for a gold bounce coincides with the current…

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