NFTRH+; HUI, Gold & Silver [w/ edit]
Let's micromanage the metals now that they got cracked. But first let's think about the miners. Yesterday we noted that HUI had not broken to a lower low in relation…
Let's micromanage the metals now that they got cracked. But first let's think about the miners. Yesterday we noted that HUI had not broken to a lower low in relation…
From NFTRH 659's Precious Metals segment: "The mechanics are that as long as the Cup’s handle remains in breakout mode the bias is up and any thoughts about a final…
Gold is okay, but not yet unique There are times when gold is an okay inflation hedge, while under-performing the likes of industrial metals, oil/energy, materials, etc. During those times,…
Well, I cannot predict the breakout re-testing is over, but I can update for you the progress. Gold has broken out of the daily chart channel, which is also the…
Ratios of risk 'on' and pro-cyclical assets to gold are important for our macro view. Let's take a look at some of the hot plays that are consolidating and/or turning…
To maintain the inflation, a cooling of inflation was needed That is one of those Alice in Wonderland-like statements, like the one I've got tattooed on my left forearm: "Contrary-wise,…
30yr Treasury yield and markets/internals tied to it What markets and market internals are dependent upon an inflationary rise in long-term yields? Anyone? Beuller? For "best of breed" top down…
Gold is now bouncing vs. most risk 'on', inflation-sensitive and/or cyclical markets/assets Since first noting the very spark of an initial hint in NFTRH 653 and then again in this…
Global market stress this morning I was going to talk about the ongoing VIX divergence and loss of momentum in SPX, regardless of how the market looked this morning. That…
Daily and in-day pictures of the gold price The daily chart looks like a normal day in gold. The rally has now come to the target established in March. Simple…
Much like HUI has hit target (305-307) so has gold, having arrived at near the channel top and 200 day moving average. It's clear that this is a potential limit…
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…
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…
It was just an inkling, the little double top in the SPX/Gold ratio referred to several times in NFTRH 653. Flipping it over, we find the Gold/SPX ratio furthering its…