Gold-CCI & GDX

Before the hype of PDAC kicks in (and I install my ear plugs against it) here is one more gold sector chart that I find interesting, to say the least.…

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Okay Gold Bugs, the Time is Now

Too many Bugs got too brave as the CoT structures became bearish for a correction at least, and bear market resumption at most.  I leaned toward the former.  We'll check…

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Market Update

Admin Notes Doing a freer flowing 'market update' segment mid-week works better for me than the more rigid ETF updates we had been doing and I hope it works better…

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Gold and Silver CoT

Some nice improvement this week.  Look at those large spec's rush to short gold and silver.  Look at the commercials take the other side.  Patience dear gold bugs, patience.  It's…

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Market Update

Amidst an economic backdrop in the US that continues to very gently decelerate, we have a celebration of what was perceived by the market as a dovish Fed. Anxiety had…

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Tahoe Resources (TAHO), Weekly Chart

An NFTRH subscriber requested a chart view of Tahoe Resources, in light of its friendly merger with Rio Alto Mining.  I thought I'd pop it up here as a public…

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Gold Sector Update

Yesterday morning we noted that the bulls had taken the ball back in the broad stock market.  Despite a volatile day, that remains in effect as long as the market,…

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Risk ‘ON’

I have a short position against the S&P 500 and despite Friday's EoD reversal and yesterday's down day, as noted to subscribers in an update, I don't feel very good…

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Market Update

Wax On (US Jobs), Wax Off (China Trade Data)

Friday’s and Today’s global markets give a clear picture of cyclical (stock markets) vs. counter-cyclical (gold).

Friday was US ‘jobs’ at +257,000, above expectations.  The stock market was positive for much of the day until it reversed.  Gold got hammered.

(more…)

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NFTRH 329 Out Now

How to promo... how to promo?  NFTRH 329 took a hard look at the realities of what happened last week and despite an end of week reversal (below SPX key…

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NFTRH 328 Out Now

Another solid report this week.  I know that because it helped me out yet again in trying to understand all the components in play across markets; all the tops spinning…

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Gold & Silver CoT (1.27.15)

One would think that this improved yesterday as gold and silver got hammered badly.  But as of Tuesday, the CoT data were still gathering quite bearish (for short-term reaction) against…

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