NFTRH Update; Wax On, Wax Off
Wax On We should understand that the market is just doing what it does. I was beginning to wonder if they would be able to put the wax back on…
Wax On We should understand that the market is just doing what it does. I was beginning to wonder if they would be able to put the wax back on…
It is a tiny sample size of course (and so, just for fun) but... Bad News My article Gold's Macrocosm: The Planets Align brought a comment from Gold Seek calling…
We introduced the graphical view of the preferred counter-cyclical environment for gold and especially the gold stock sector in July: Macrocosm. We have updated the view several times since at…
The futures are bouncing and this comes right from the literal last ditch technical point as shown in yesterday morning's update edits. There was literally no lower that the indexes…
I want to again reiterate that what we are seeing in the gold sector is a launch, not a terminal blow off. It is important to keep this distinction clear…
Gold is doing this. Pretty impressive, isn't it? Gold is also doing this... In other words, it is not doing anything we did not already plan for. I don't want…
The following is the opening segment of this week's edition of Notes From the Rabbit Hole, NFTRH 381... A picture is worth 4-plus years and thousands of words, and the…
Here is the simple HUI daily chart we used in NFTRH 380 to show the parameters of 'bounce' vs. 'bull signal'. The higher high Huey is making above the December…
First of all I want to wish you a happy new year. I for one am looking forward. Speaking personally, the market has been pretty difficult to deal with. I…
While routinely following the precious metals as one of many sectors in NFTRH, we have mostly left it alone with respect to public writing over the last few years. That…
At the last reading, the gold and silver CoT had improved again. Gold was already ridiculous, but silver, which had been middling, really took a positive move. Here are the…
The word play in the title is in reference to the ridiculous fuss over COMEX gold inventory and other promotions masquerading as fundamentals put out by cartoons masquerading as analysis.…
Euro 50 Flips Draghi the Bird, S&P 500 Fails at a Key Parameter, Semi's are Fundamentally Bearish and Gold Has a Sentiment Washout Within its Bear Market Markets Had Been…
We avoid turning away from it when its message is bearish, as it was in October. Now, entering December the Commitments of Traders show Commercial and Large Spec data are…