Copper/Gold Ratio is Not Bullish Despite the Bounce
It's not me saying that. If this party goes full on punch bowl, so be it. But the daily chart of the Copper/Gold ratio says easy now casino patrons and…
It's not me saying that. If this party goes full on punch bowl, so be it. But the daily chart of the Copper/Gold ratio says easy now casino patrons and…
A snapshot to show the daily chart progress of 3 large gold stock Amigos, the likes of which are probably the best indicator on what the sector (HUI) is doing.…
The pattern just cracks me up every time I look at it. So sleepy, so content, so cute. I just want to tickle its chinny chin chin. Today at least,…
Gold Stock Seasonal Average The HUI Gold Bugs index has over the last 2 decades (encompassing both bull and bear markets) tended to bottom in July per stockcharts.com's data for…
FYI on seasonal averages, which can deviate from the average in any given year. But just for your reference as we continue managing the correction. Based on the average since…
With Jerome Powell doing this... And with Trump pondering another cool $Trillion (on infrastructure spending) on top of the off the charts monetary and fiscal stimulus that can only happen…
Gold: counter-cyclical, risk 'off' qualities, defensive w/ some inflation sensitivity. Silver: cross dresses between counter-cyclical and cyclical, more offensive within the PMs, inflation sensitive. Copper: cyclical and sensitive to cyclical…
Gold is still wearing its happy face (that content looking pattern) :-) as it maintains the SMA 50 and support and thus continues to target 1940. Trends are and have…
Not only did the Gold/Silver ratio recently hit a major support zone* (as shown in NFTRH 605) during this market sentiment rally, but so too did the Gold/SPX ratio drop…
As usual, the counter-cyclical Amigo, the swinger Amigo and the cyclical Amigo tell their macro stories. Gold (counter-cyclical), which would benefit from a risk 'off' lurch by casino patrons, has…
The Gold Anti Trust Action Committee informs us that... Chaotic price swings will be engineered to shake off gold investors Ooh, engineered? That sounds evil. "Engineered"... tell me more GATA.…
Today risk 'off' gold is being driven to a lower low on the big market euphoria. It is still in the short-term support zone but it has lost the SMA…
The CDNX/TSX ratio was first and the Silver/Gold ratio was second. Today CDNX/TSX ratio is getting clobbered. A reaction always was going to come about, but this is a severe…
A pre-market snapshot using daily charts of key items. Gold continues to dwell in a longer-term resistance zone after holding support yet again. Trends are up and the pattern targets…