GDX 15 min & daily technical status
GDX dumped the 15 min. support area around 32.25 but is making a hint to whipsaw back above it. Classic shakeout? In doing this it is making a would-be hammer…
GDX dumped the 15 min. support area around 32.25 but is making a hint to whipsaw back above it. Classic shakeout? In doing this it is making a would-be hammer…
First they came for the gold stocks... Then they came for resource rich, emerging economies... Then they came for commodities... What's next? Will the Teflon Don (AKA the S&P 500)…
Spurred again by back and forth conversations with Jordan (Daily Gold) I want to clear the air for a moment about gold stocks and reiterate the ongoing plan, which is…
A review of the situation in gold stocks It is in essence a year ago that Warren Buffett ill-timed his entry into the gold stock sector, unwittingly calling a top…
Pretty please with sugar on top, let the markets correct Because this week I did the very thing that exposes my dark side by shorting leveraged mid-caps (MIDU) and this…
Gold miners require a unique macro-economic backdrop When gold stock bulls complain about a "smack down", a "hit" or a "smash" against the poor gold stock sector what they should…
HUI/SPX ratio Push, push, push... that cart full of rocks out of the dark cave you've been in since last summer, Huey. Push, push, push and see if you can…
As it stands now we already do not have good fundamentals for a gold miner rally but still do have an ongoing technical bounce sprung by over-bearish sentiment. HUI has…
HUI daily chart per Monday's NFTRH+ update As he pushes his cart of rocks slowly out of the cave and up the hill (careful not to backslide too much Huey)…
Sure, anything can happen. But at the moment long-term yields are recovering, which has been the expected course... ...if the Continuum is going to reach the limiter. Markets usually push…
GDX breaks a trend line... We have (NFTRH has) fully anticipated the short-term bullish move in the gold miners, and I have my holdings, including FNV as linked just below…
NOTE: I will be on the road for the next couple of days, so please don't interpret any lack of activity on my part as having anything to do with…
From my Fidelity screen here is a picture of GTBAF (GBR.V) doing what needs to be done to undo the technical damage. Just two weeks ago I was considering taking…
Gold lost the upper support zone. No surprise there. Now comes the lower end but also please consider the channel bottom well down in the 1600s. Silver is trying to…