Super simple monthly chart of Gold

It doesn't include this morning's little bump, which sees it trying to take back the daily SMA 200. But regardless, the gold price is in a zone between major resistance…

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Gold is Tanking!!

Side note disclaimer: I covered shorts in gold this morning. I think it could go lower nominally, but I don't care. Anyway, on with the post with a tongue planted…

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Gold’s hidden affinity for Treasury bonds

Editorial comments follow the charts. Amid the massive rush to risk 'off', just look at the similarities between long-term Treasury bonds... ...and the Gold/Commodities ratio. ...and the Gold/Oil ratio (Jesus,…

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NFTRH; Opportunity at Hand?

To answer the title's question, it feels climactic, with crude oil now leading the charge in the Bear Olympics race to the bottom. -24% in a day. That is breathtaking.…

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NFTRH; Then (Q4 2008) vs. Now

Housekeeping note: If you are at all interested in what one casino patron is seeing as events unfold - assuming I am watching the market, which is not always -…

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NFTRH; Gold, Silver, HUI & US Stock Market

NFTRH 591's Opening Notes segment detailed an intact but at risk stock market and a bullish gold miner view, concluding with this... "The nearer-term pictures will likely include a lot…

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Gold vs…

Some gold (GLD) ratios for you macro indicator dorks like me... Gold vs. SPY, despite yesterday's dive bomb... Gold vs. Global (ex-US) Gold vs. Commodities Of interest to gold miners,…

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It Was a Dive Bombing, Not a Carpet Bombing

I went out in the afternoon with gold screaming upward on COVID-19 hysteria. I see something like that and I mentally prepare for the "volatility violence" we talked about in…

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Gold in Major Currencies… a Pretty Picture

Here is a weekly chart of gold vs. the USD index and then vs. global pairs/USD. Trends are... Beuller? By the way, this is all-time highs for the gold price…

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NFTRH; Breaking the Handles

A quick snapshot of gold (futures), silver (futures), HUI and the gold and silver stock ETFs as they break to new highs (gold) break consolidation (silver) and potentially break the…

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