The Gold Stock Correction and What Lays Ahead [w/ edit]
[edit] For comic relief here's an email response to this post. I don't know what forecast he's talking about, the short-term correction view (already well along) or the longer-term upside…
[edit] For comic relief here's an email response to this post. I don't know what forecast he's talking about, the short-term correction view (already well along) or the longer-term upside…
Gold and silver were updated in a public post yesterday. There has not been much change since then. Let's now focus on some sector macro fundamentals, leading indicators and the…
If you see any sources out there talking about a "hit job", an "attack" or other such language about the precious metals correction, especially in the miners, you should probably…
Silver has pulled back to a 38% Fib, the SMA 50 and a lateral support shelf on the daily chart. Good work. The weekly chart shows that area to be…
According to CME Group, rate cut probabilities declined yesterday to even odds from a previous reading that was near unanimous for a cut. Today it is back to 59% for…
Time for a checkup on the rally starting with silver, which is trying to take over leadership, per the futures charts below. Please click for clearer views. The best target…
One negative aspect of participating a little more on Twitter is that when viewing its streams, the information in tweets and all the response tweets can be overwhelming. Unlike when…
As with gold, silver only consolidated at the most recent resistance zone. But unlike gold, silver's resistance was significant. It pulled back as expected but that pullback was a shakeout…
It tells us it's bullish out there! Putting away the pompoms we see that Huey is hitting a zone of potential resistance on the weekly chart below (click to enlarge…
Well, it may not feel so wonderful (although if planning to buy, it sure may) but the expected pullback came in the form of the all too logical FOMC 'sell…
While many are talking about major new bull markets in gold, silver and the miners I find it safer to set realistic goals within a still very bullish outlook. After…
You may know me as the... ...guy. The guy using the planets of an imaginary gold sector Macrocosm with proper fundamentals that are decidedly not imaginary but rather, are necessary…
It's not a chart of nominal HUI with upside technical targets. We'll do that in NFTRH this weekend, along with the usual individual miners. Rather, it's a companion to other…
While several individual miners (e.g. WDO.TO, KL from my holdings) are doing better than the sector itself we used the HUI/Gold ratio as a guide when it was bullish and…