A Closer Look at Gold Stocks; Bear Flag? Really?
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…
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…
After a positive year-end with the expected precious metals rally we noted on Dec. 31, in NFTRH 480: "With HUI dwelling just under the 195 resistance parameter, a pullback can…
A little reminder for those interested in the sector (and I know you're out there aplenty) that our first major parameter for the rally is the resistance beginning at HUI…
While politicians hammer out the details it is generally accepted that corporations and by extension the investor and asset owner classes are targeted for benefits under the coming Republican tax…
[edit] Post includes corrections to dates in paragraph 4 and the 2nd paragraph after the macrocosm graphic. This is what happens when you rush your work! This was going to…