NFTRH; Post-FOMC Precious Metals Technical Checkup (all according to plan)
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…
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…
Well, we (NFTRH) had the gap on radar for a reason and that reason came yesterday. Today HUI is doing it one better and going for the 62% Fib retrace…
Based on 30 years of data gold was fairly normal to its seasonal average until dropping to disconnect from it in April. From Sentimentrader... I don't mind that in the…
Well here it is. Here is the fallout from the hype that I wished I'd have been even more strident about in February. HUI HUI has dropped to the SMA…
Before the promotional corners of the gold community start with the conspiracies, excuse making and general placing of blame everywhere but where it belongs, let's simply note that this correction…
Well folks, the HUI/Gold ratio held up once again as the sector has pulled back. This is not bear market behavior. In a bear market the miners would normally get…
We can be sure by now that the sentiment that got so over bullish in February has been cleaned up. While it was not real analysis we used to decry…
It's status has not changed from constructive, but since the HUI/Gold ratio (HGR) is so important to the technical situation for the sector, I just wanted to pop an update…
The simplest of updates to remind that the HUI/Gold ratio has remained intact throughout the sector pullback and that remains the case today as gold and silver continue to drop…
I made a note in the Trade Log about a mistake I made in putting too much stock in what were still over bullish readings in the gold miners yesterday.…