Errr, this chart is starting to get hard to ignore isn't it? It is a gold mining sector fundamental indicator. I have no clue how the jockeys using only nominal…
So the Swiss gold vote caused a sizable ruckus in gold and silver overnight. This morning there is a nearly as sizable recovery in the metals.
The Swiss vote is an important hype component to get behind us and a positive reversal today would be notable, given the already over bearish sentiment profile (cue Citi’s Willem Buiter with a hysterical rant against gold leading in to the Swiss vote).
First let's preface by stating that I have a dislike for gold sector pom pom wavers as evidenced by this post at Biiwii: Huey, Dewey & Louie. Second, let's ask…
Returning to our short-term management charts (60 minute charts, only for those managing the short-term) here are the updated views of GDX and GDXJ. Both items have stuck to the…
In other news, gold stock bulls to bears... 'how you like me now sukkah?' Of course, the bounce was highly readable in something approximating real time. Anyone who did not…
Actually it was out much earlier but I had to get it in the can and run this morning. So now I am back and here to tell you that…
Originally posted at Biiwii.com; thought I’d pop it up here as well.
Below is a summary of some of the aspects we follow in NFTRH to gauge a future investment stance on the gold sector. It is much more complex than simply hearing dogma that seems to make sense and then holding on for dear life…
What seems like an extensive review is really only the basics in the gold sector. That is how involved the many disparate parts are and reflects the level of work…
With respect to the previous post... no neckline break as the last hour took a little off the top of GDXJ. Just a play-by-play FYI for all you sports fans…
Our furry friends are going to need to make a decision soon. That is because the still-intact bottoming (bounce) patterns we noted on GDX and GDXJ in an NFTRH update…
No folks, I am not a day trader! :-)
But that does not preclude me from dialing in to short-term views, and a short-term view I found interesting was in GDX and GDXJ. When seeing the predictable pullback today my first thought was ‘typical… gold stocks can’t even sustain beyond a day or two’. My second thought was ‘let me look at some charts’ and so…
Yesterday we noted that GDX got zonked on the close and today in what looked like a running of the shorts DUST took an accelerated hit in the last 30…
The bounce we were speculating about is here and now it is time to manage its upside parameters. A simple weekly chart shows 188 an ultimate decider on whether the…
Here is this morning's pre-market NFTRH subscriber update reproduced publicly, with my compliments for anyone interested. I did not want people to fall for yesterday's bounce in the gold sector. …