NFTRH+; A Gold Explorer/Developer In Consolidation

Dalradian Resources (DNA.TO/DRLDF) is a stock that had been previously recommended by Mark at IKN, but which fell out of favor after a bad financing deal last year.  I believe Mark recommended profit taking and moved on.  This is actually irksome to me as well and so I do not have the warm and fuzzies here.  Just trying to find laggards with good upside potential for patient holders.

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NFTRH; Precious Metals Update

A brief technical look at the precious metals sector using daily charts…

GDX remains in a series of higher highs and higher lows, consolidating in a flag down toward the 50 day averages.  There is some negative divergence in the MACD and RSI.

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Strange Bedfellows Today

Isn't it funny how USD, Gold, Silver and the miners all gapped up and reversed together today? It's now up to the Silver-Gold ratio to indicate whether or not the…

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NFTRH 399 Out Now

The gold sector's fundamental backdrop improved with gold vs. stock markets holding up trend parameters.  But the majority may see dollar weakness as a key to the sector's fundamentals.  These…

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Charts of Interest Today

Silver (SLV) is breaking through resistance. Gold (GLD) is as well. Gold-Silver ratio and USD (UUP) are going in different directions today.  This will not last. HUI led the Silver-Gold…

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NFTRH; Potential Miner Bear Flags in Progress

In not rising strongly after the FOMC minutes time bomb, the precious metals mining ETFs now have the potential to be building bear flags with their upward biases.  This includes diminishing volume (GDXJ and SIL as well), which supports the bear flag scenario.

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NFTRH; GDX Daily Parameters

A quick look at GDX as a general guide to the gold stock sector.  The pre-market indication is that GDX will fill the gap up from last week.  After that…

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NFTRH; Gold Sector (Funda & Technical)

Referencing one of our main themes for the last half a year, the case for the gold sector is supported by the case for economic deceleration.  It is not supported by inflation, as in the recent bounce in inflation expectations as the US dollar declined.

The gold sector often rises with inflation expectations as silver out performs gold and so do commodities.  But the gold sector’s fundamentals are fed by counter-cyclical activity and today’s payrolls report was right in line with that.  In the ‘pullback’ update on Wednesday we also noted that the ‘gold ratio’ macro indicators remained positive as well…

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Gold Stock Pullback Still Normal

Everybody with eyes to see prices too far above certain moving averages knew that the gold stocks were going to pullback.  But as this year has shown so far, a…

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Gold Stock Charts

A few weekly charts of larger gold and silver miners originally shown in NFTRH 390 as part of a package of 11 different stocks, large and not so large. AEM…

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Precious Metals Update, Unlocked

On April 7 in pre-market we had an extensive update on gold, silver and especially, the miners.  This update is now public for your review. If you check it out…

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