More on Gold Mining
Since it seems to be the time to start writing more about the miners after years on the out cycle, with only the eternally bullish pompom squad micro managing the…
Since it seems to be the time to start writing more about the miners after years on the out cycle, with only the eternally bullish pompom squad micro managing the…
A commitment has come up this weekend that will only allow me the time to review key points in NFTRH 354. What a great opportunity to put more detail than usual in an update [edit: this has turned out to be NFTRH 354, with a PDF update to be mailed on Sunday].
Below is the opening segment of this week's edition of Notes From the Rabbit Hole, NFTRH 353. After this theoretical exercise we got down to nuts and bolts analysis, which…
In yesterday's NFTRH 352 excerpt, we noted the 'gone viral' feel of the Jason Zweig WSJ bearish call last week. Thanks to the same reader who alerted me to the…
Folks, as if it was preordained gold got blown up in pre-US trading this morning as the media are absolutely blaring all kinds of stupid things for lowly gold bugs to endure and for gold bug haters to chest thump about. This is market sentiment and psychology on full display. We are robots, not sentimental humans.
Excerpted from this week's edition of Notes From the Rabbit Hole, NFTRH 352: For what seems like forever we have been mechanical in managing the precious metals because they have…
Could this be the end of the consolidation phase? If so, things are changing on the macro, right here in the dead of summer. The thing bounced back in March…
Folks, it is just one indicator and we should not promote one item as if it has mystical powers above all others (it is part of a concert with its…
Gold vs. Silver is up but still in consolidation longer-term. It must turn down here or there will be concerns for many markets. Which would add to the concerns already…
From the nicely redesigned MacroTrends website, a look at long-term, inflation adjusted gold and silver. FWIW...
A look at a few items in-day, in-week, fwiw... TIP-TLT ratio, indicates that inflation protected have been favored over regular long-term T bonds for all of 2015. This indicates the…
A brief snapshot of counter-cyclical gold's macro signals vs. other metals (and broad commodities) that are more positively correlated to economies, using weekly charts... Each week NFTRH updates many charts…
Roughly 24 hours before the latest great ‘decision’ gets handed down on whether or not the Fed is considering changing ZIRP-eternity any time soon I thought I’d put up a general update of various markets.
It is the same old theme for the S&P 500, with a sideways to up bias on the intermediate and slight downward bias on the short-term. SPX is grinding up and down every couple days and this is a market that people should stand aside from, outside of individual trades and long-term orientations taken for other reasons. This market is and has been going nowhere.
There is short-term and there is long-term. Short-term, an indicator of positive inflationary cyclicality looks set to bounce. Long-term, it is locked well below key resistance. Joining this long-term Gloomy…