[edit] See also Among the Crickets, Gold Bears Roam a Barren Landscape, posted on 11.23.18. All through the bear market hopeful rationalizations were served up for a bullish case on…
[edit] In the time it took to write this update the Dow has sheared off over 200 points from my last check. As you will see below, we are drawing…
[edit] Also see this post on inflation/deflation excerpted from NFTRH 525, hot off the presses. Crude Oil and Industrial Metals continue downward. This is significant per this NFTRH monthly chart…
Well, there is interest, but when it comes about it is more often negative. Here are responses my perfectly rational article about the Gold/Oil ratio got at Stocktwits. The first…
[edit] When viewing the sector through a technical lens it has been 'bounce only'. As this post shows, the fundamentals are in the process of changing for the better. What…
I added to the existing position in GDX this morning because while yesterday's hard drop did not fill the gap at 18.50 it brought the price down to the SMA…
They were firm when the stock market cratered and on a market recovery day they have decided to follow GG down, rather than AEM up (of course, AEM then reversed…
A couple of interesting things here. As noted in the last update, gold stocks remain in the consolidation handle that began to form after the big blast upward. There is…
This morning is interesting. As we have been noting, there has been a contrary setup in the bond market and we are watching for a potential failure in long-term yields.…
Back on October 2nd we took a look at an ugly Head & Shoulders pattern and a pretty one. The ugly one was the one on gold miner bear fund…
When the bounce began in gold stocks (GDX, HUI, etc.) we used the green shaded zone below as critical support to a continued bounce. GDX held there and bounced to…
This man who stares at charts presents for you a really ugly short-term H&S to stare at. It's not activated, but it is ugly. Stare at it! This man who…
The bounce lives, and it's got some positive divergence behind it on the MACD & RSI momentum indicators. GDX may be confirming today that the divergence to the price drop…
As is usually the case if these riders are going to change the macro the damage starts at ground zero, the precious metals sector. Here is the Gold/Silver Ratio (GSR)…