An email from a reader (of the eLetter, I think) calling me out on trying to make too many correlations in a dysfunctional market (I think that was his bottom…
The heavy looking precious metals complex chose the path of least resistance yesterday, which was down, as we've been noting. Let's take a brief update of the technicals, with only…
Also known as members of the risk 'off' contingent, the gold sector and Treasury bonds are doing some interesting things today. HUI got down to the mid-180s and is forming…
Just a simple view of the GLD daily chart. If the party in stocks continues aggressively, this is likely to fail the support at the convergence of the moving averages…
It's all we'd asked for; a direction... please? Last week NDX got near its highs and the SOX got above its SMA 50, leaving the Dow and SPX still in…
It happens when inflammatory events (usually political, terror or war related, but also including things like Ebola, Bird Flu and the like) crop up; stocks go down and hysteria starts…
The Palladium-Gold ratio (weekly) has furthered the scenario that it could be starting a new 'Chop & Grind' phase like the one that preceded 2015's market top (that wasn't); i.e.…
Over the last year we transitioned from the stock market angst of 2015 to the bullish breakout of 2016. For NFTRH, the real proof in the pudding was the ramp…
Outside of Japan (and its vulnerability to a rising Yen) and Russia (RSX may be declining toward the 18-19 buy area, for those bullish on Russia), most global stock markets…
The setup is a classic one, and it is not a positive one. What I mean is the geopolitical setup, where Syria gasses its people, the US lobs Tomahawks into…
It's funny, as I have talked about the risks in the precious metals (and even done some shorting), I have had 'but Keith Weiner says the implied fundamentals of gold…
An eventful day. The Trump administration is playing its cards and scaring half of the world (not just Russia) about its willingness and capability to act. This focuses attention on…
Gold is ticking a 'higher high' to the February high this morning and technically, that is a good thing (implying a confirmation of an uptrend). But never do you buy…
Silver miners vs. the metal they dig out of the ground are not doing well at all. Gold miners vs. the metal they dig out of the ground have a…