The New Buffett Indicator in Gold
Warren Buffett buys a gold stock, the media bullhorn it far and wide and out come the worst of the bugs, taking the bait and spreading the word across the…
Warren Buffett buys a gold stock, the media bullhorn it far and wide and out come the worst of the bugs, taking the bait and spreading the word across the…
The bugs want to see this ratio hold here, and market bears do not want to see it break down. Gold/SPX can drop to test the major daily chart uptrend…
As noted in NFTRH 616 yesterday, and with respect to the previous post about the Euro... I want to point out what looks like a buying opportunity for European readers.…
The Bug-o-Sphere is all abuzz... Did Warren Buffett just bet against the U.S. economy? His latest investment raises some questions Warren Buffett has long been critical of gold as an…
Here's the chart of a still concerning indicator for the global reflation trades. The major trend is and has been down in the Copper/Gold ratio. It bounced back earlier in…
Sentimentrader did a study of previous occasions when gold optimism fell like it did on Tuesday over the span of less than 10 days. Above you can see the results.…
With reference to this morning's pre-market post, gold (daily) held below the EMA 20 on the bounce. Hence, it's still a candidate for the 1800 to 1833 area, where it…
Okay well, there is too much glad handing going on out there on Twitter about gold and its quick recovery. Now, I agree that bull market shakeouts can be fast…
The sight of gold getting whacked while good news envelopes the land is something those of us who participated in the last bull market (2001-2011) remember well. Frankly I am…
The way I view the current situation, in bullet points. The miners are fading the metals, and while this can be a concern I am at the moment coming down…
The TSX-V index made a new recovery high yesterday, yet the Copper/Gold ratio is breaking down. Here's the view as of this morning's pre-market. While the Silver/Gold ratio goes on…
It's an all-time high and gold is pretty satisfied with itself as you can tell by its sleepy, content and happy face. It cracked me up when I created the…
The reflation is failing says this "metallic credit spread" as the copper price appears to be breaking down vs. the gold price. All of this within the context of a…
Our hard working miner here (we'll call him Huey) has been pushing his cart of rocks, first gently downhill from 2016 to 2018 and then uphill to a bull market…