Just another Silver/Gold ratio post with no further words necessary. Subscribe to NFTRH Premium (monthly at USD $35.00 or a discounted yearly at USD $365.00) for an in-depth weekly market…
It makes sense since I am on record as expecting an off the hook inflationary phase once we finish up with the deflation scare that is herding everyone the way…
Here is how they shook out as of Tuesday the 31st. Gold open interest continued to diminish as large Specs sold way more than they shorted and Commercials reduced longs…
Gold: Counter-cylical Amigo Silver: Counter & Cyclical transvestite Amigo Copper: Cyclical Amigo Using daily and monthly charts we catch up with the 3 Amigos to see what they indicate. The…
No pun intended with the title, but it appears that the market's excuse to fall once again - as was eventually likely on this bounce - came on the heels…
An inter-market view of a few sectors and markets... vs. SPY. What is important here is not to look at these charts like a TA would look at a nominal…
The silver price and gold price are both up big today in response to the Fed's QE announcement. Obviously the sector is doing well today. But for the wider macro,…
Better yet, don't avert your eyes. You need to see this. The pictured Amigos seem of a different, more innocent time. See their wackiness. See them smile. See them full…
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…
Below is a monthly chart of HUI telling some stories of the past. The 2003 to 2008 bull rally ended with Huey's "crown of thorns" as I used to call…
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…
This is not just another 'Amigos' update, as you will see near the end of the post. As usual, we'll go with daily charts on the gold price futures, silver…
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,…
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.…