NFTRH+; Bullet Pointed Thoughts on the Precious Metals [edits added]
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 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…
Let's look at the gold stock sector from a few different angles. First, its leadership to SPX, which is fully intact (daily chart). It's leadership to gold, which is getting…
And here comes the volatility as gold firms and has likely made a bottom vs. silver. In NFTRH 613 we showed the Silver/Gold ratio at a limit point (or a…
Not only have gold and silver touched the target zones, they've smashed into and exceeded them. Gold hit 1974 (target: 1940) and silver hit 26.27 (target: 24-26). Unfortunately, they did…
We are at the crossroads to the potential end of the reflationary relief trades that have been ongoing since March. These relief trades were led most intensely by the slingshot…
For months now, since gold put that sleepy and oh so content looking face on its bullish pattern we've had the measured target of 1940 loaded despite several hard tests…
An update to provide a view of the cyclical, pro-reflation metal (copper) vs. the counter-cyclical risk 'off' metal (gold), and also the Silver/Gold ratio, which as we know hit our…
For comic relief, here is what the gold "community" is putting forth lately. Full froth mode? No, but the "community" is shaking off its recent HGNSI & BPGDM jitters *…
Note: A reminder that I will be on the road today and tomorrow. So communication will be light at best. I'll be checking email occasionally. Copper (daily) dinged the round…
It appears that the downward market reversal on Monday was another sentiment resetting micro twitch after all. As noted, these happened fairly regularly in 2019. Inflammatory stuff gets in the…