NFTRH+ Video Update; Gold, Silver, GDX, GSR & USD, Pre-market
Following up yesterday's video update on the precious metals, this morning we have continued improvement to the point where the PMs are on the verge of breaking the correction in…
Following up yesterday's video update on the precious metals, this morning we have continued improvement to the point where the PMs are on the verge of breaking the correction in…
The US dollar index is pushing its limits to little surprise. The Gold/Silver ratio is lagging in a negative divergence. If USD is leading GSR the latter would probably make…
Interest rates have bounced since the big Payrolls report. These rates are generally supportive of USD when they rise and not surprisingly have been in correction for much of the…
While it appears that the next and possibly final leg* of the inflation is underway, the US dollar and Gold/Silver ratio (our macro indicators that would guide the other way…
[edit] heading into the open DXY has taken back the SMA 50. FYI... Daily chart technical snapshot of some key items Gold is testing Friday's break above the SMA 200.…
USD (DXY) is back above the neckline. Gold/Silver ratio never did break down and is now ticking a new high for this cycle. My lean is 60-70% toward the inflation/reflation…
The US government finally got together on a new $550b spending (more cost-push inflation) plan. It includes spending of money the government never had until the Fed printed it and…