NFTRH+; Gold’s Technical Picture
With all the drama centered on silver lately, the boring old monetary metal can get overlooked. So let's update gold. The daily chart shows the most recent head fake that…
With all the drama centered on silver lately, the boring old monetary metal can get overlooked. So let's update gold. The daily chart shows the most recent head fake that…
Why not #SqueezUncleBuck? Consider this post for entertainment purposes only (but not really). In the "short squeeze era" as this silver promotion put it (among a litany of other well…
The monthly chart of the silver price shows a break through the long-term resistance zone and a tick to an 8 year high. Suspect underpinning though it may seemingly* have…
As to the post's title, they sure are trying. Despite doubts that the stodgy old likes of me may have. But for two days at least dem bugz is successfully…
Chests were thumping and endorphins were releasing on Twitter, as if it were a done deal. Well, the deal is not done yet. But if we are going by the…
Lesson #1,796,845 about how you have caution at least and run for the hills at most when the gold bug promoters school the public about how right they are and…
Silver/Gold and Gold/Silver ratios are among our most important indicators. Silver has more pro-inflation, pro-cyclical characteristics and is a more commodity-like commodity than gold, which has more monetary characteristics. The…
Gold and Silver CoT data continue moderately improving Gold saw large Specs and Commercials basically in a wash, with a common theme a reduction in open interest. Of positive note,…
I made an aside in NFTRH 638 that the market would probably bounce the precious metals to screw up my shorts. Well, it has and it is no big deal.…
Fear not my gold buggy friends, the goons have started the process of sanitizing the Gold and Silver CoT structures. Why, look at those large Spec longs bailing out and…
A comment to the GoldSeek version of my post Gold/SPX Ratio and the Gold Stock Case... What an IDIOT ! Keep on stackin' but not for the "reasons" this guy…
The reality, which gold bugs need to accept, is that cyclical inflationary forces are still dominant Not many market or economic indicators are clearer in indicating a cyclical vs. counter-cyclical…
Gold/SPX indicated the excess and the gold miners are correcting that excess In and around the August time frame we noted (in NFTRH) high risk to the gold miners because…
The hard crack in the precious metals came last week Of course it did! Gold, guns and ammo, right? Man those Unabomber shacks! Domestic terror struck the land and as…