Copper & IM vs. Gold
Here is a weekly chart from NFTRH's Market Internals segment showing Copper and Industrial Metals vs. Gold. In other words, showing cyclical metals vs. the metal of relative counter-cyclicality. The…
Here is a weekly chart from NFTRH's Market Internals segment showing Copper and Industrial Metals vs. Gold. In other words, showing cyclical metals vs. the metal of relative counter-cyclicality. The…
The simplest of updates to remind that the HUI/Gold ratio has remained intact throughout the sector pullback and that remains the case today as gold and silver continue to drop…
[edit] an article critical of (anonymous) others is an appropriate venue to once again note publicly the biggest mistake of my own, which was an ill-conceived target of 888 on…
I made a note in the Trade Log about a mistake I made in putting too much stock in what were still over bullish readings in the gold miners yesterday.…
The first part of each week's article written by Keith Weiner is usually monetary egghead stuff (said with much respect for this man who has forgotten more about the subject…
Over in the gold patch things went from disinterested and downright antagonistic (A Notable Lack of Interest in Gold) to sleepy (Gold "Community" Crickets) to ferociously over bullish. Any long-time…
The volatility arrived this morning after a burner of a breakout from the flags that were formed last week (GDX was shown in NFTRH 539 just beginning to sneak out…
Where once "gold enthusiasts" (to quote a particularly annoying gold/gold stock pumper) once drove the premium on CEF to the 15-20 range, it has been steadily pinned in discount territory…
Back in December we had an update highlighting the bullish setup in SSRM. In this week's report I noted some displeasure with the daily chart of GOLD. That was due…
As gold is breaking its daily chart flag and taking the next leg up toward the 1378 gateway (big picture resistance as noted on the monthly chart) dialing back to…
Kevin Muir wants you to guess who's buying gold. If you guessed global central banks you'd be correct. The caveat as we've noted over the years, for every buyer there…
This is not gold buggery. These are market indicators to be used in gauging which way the cyclical winds are blowing. Here is a snapshot of gold vs. some other…
I reserve most of the work on precious metals for NFTRH weekly reports and in-week updates because it is done on a consistent basis, with the work done previously key…
An update to the update from this morning... Let's go through the charts again. From this morning: Gold is flagging down (about $11/oz so far) and probably wants to fill…