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…
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.…
Here are the daily and weekly futures charts of the Amigos, which were live as I saved them a few minutes ago. Click for larger, clearer views. Monetary Amigo with…
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 -…
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…
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,…
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…
Well folks, Friday was the first tick down and if things had gone a certain way we'd have gotten a bounce today with which to take some more profits or…
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…
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…