NFTRH+; Near-term plan for GDX

Here is a theoretical plan for GDX. At least it is my rough operating guide for the near-term, subject to change as always. The Inverted H&S that everybody in the…

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Franco Nevada leading the gold miners (again)

Franco Nevada stock (FNV) leads again Early in the year we noted that FNV would lead them. Sure enough, it did; to a strong, tradable, but ultimately failed rally. Then…

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FNV makes 62% Fib as expected, rallies

Franco Nevada stock (FNV) is a gold stock leader FNV, which buys metal mined by ole' Huey above, perfectly registered the support (including the 62% Fib retrace level) as noted…

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First they came for the gold stocks…

First they came for the gold stocks... Then they came for resource rich, emerging economies... Then they came for commodities... What's next? Will the Teflon Don (AKA the S&P 500)…

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Macro may be falling into place

Pretty please with sugar on top, let the markets correct Because this week I did the very thing that exposes my dark side by shorting leveraged mid-caps (MIDU) and this…

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Keep Pushing That Stupid Cart, Huey!

HUI/SPX ratio Push, push, push... that cart full of rocks out of the dark cave you've been in since last summer, Huey. Push, push, push and see if you can…

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