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…
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,…
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…
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.
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…
It's all about confidence, right? Right. In 2011, when the commodity and 'inflation' trades blew out, the Federal Reserve was completely discredited, with gold bugs out front poking them in…
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…
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…
You see, Things 1, 2 & 3 below always were going to matter to the over bullish sector sooner or just a little later. It was sooner. I feel NFTRH…
Well, that was a heck of a post-FOMC reaction. As if the slightly redone wording actually said anything more than 'we may raise interest rates by mid-year and then again,…
[edit] It's a little promo-ish, but I did not solicit it and the whole back and forth is important IMO in delineating the boundaries between b/s and rationality... Gary -…
Yesterday we updated the hit to the miners and that update still looks valid. It looks like the reaction is just that, a reaction. But also note that the miners…
There seems to be a cottage industry out there, led by a very smart man with a very smart computer, who calls anyone who says anything bullish about gold a…
As posted at Biiwii... Improving Macro Backdrop In light of a shifting global macro backdrop that we can finally sink our teeth into with respect to a bullish orientation on…