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)…
So today it looks like gold and silver are rising with the inflation trade (global stocks, commodities, yields...) and our bear flag noted yesterday on GDX will be challenged. How…
For all you sports fans keeping score at home, GDX is breaking down from a bear flag today. As noted in an NFTRH update as the sector (HUI) bounced on…
Notice I wrote "begins" in the title. Today was the first real day of regurgitation with conviction. Long-term support levels are going out the window and that is great, if…
There will be little that is joyous about the next gold bull era. Let me write that again; there will be little that is joyous about the next gold bull…
As I have belabored over the years, the same implications that can spur a rising US dollar can go hand in hand with a bullish case for gold mining. That…
GDX got volume last week after the Fed rode off with its latest rate hike. But it gapped up on Friday's market angst. Frankly, I was surprised to see it…
US Stock Market We will update global markets as well as the macro situation in NFTRH 486, but for this article I'd like to focus on the US stock market.…
First things first, hats off to the Philadelphia Eagles. The better team won last night. Second things second, below is a possible path for SPX (daily chart). If this were…
Below is a somewhat scattershot update written completely off the cuff by a market participant who went out at 9:15 and got back in at 11:15 (ET). Please take it…
As the long-term interest rate Amigo continues upward [edit 1.25.18: more on this here], the anti-USD 'inflation trade' continues onward and more and more gold bug writers emerge from the…