New Year, New War; But it’s Still the Economy (stupid)
Happy New Year 2020 is kicking into gear with the fading noise about the trade war morphing into a rising din about a potential shooting war, complete with World War…
Happy New Year 2020 is kicking into gear with the fading noise about the trade war morphing into a rising din about a potential shooting war, complete with World War…
There is precedent for an inflationary/reflationary episode to see rising gold, silver and miner prices right along with commodities, resources, stocks, etc.. It happened a lot during the 2003-2008 inflationary…
A routine update as there are no real changes from the weekend report. Just a mid-week note to touch base on the sector and advise that this weekend's NFTRH 582…
Ever since the precious metals topped out last summer I have been a balancing fool, using the gold and silver stock positions I chose not to take profits on and…
The longer the correction has gone on the more it has moved from the look of a minor topping pattern to a potential consolidation pattern, with the overbought readings addressed…
[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…