Precious Metals: Wash, Rinse…
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…
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.…
It does not mean that the pullback in the miners (and gold/silver) is over but it does mean that an annoying issue is being addressed today. HUI has not quite…
My charts and updates can be busy with moving averages and other clutter (like my constant harping about fundamentals and indicators :-)). So once in a while it is nice…
The volatility arrived this morning after a burner of a breakout from the flags that were formed last week (GDX was shown in NFTRH 539 just beginning to sneak out…
An update to the update from this morning... Let's go through the charts again. From this morning: Gold is flagging down (about $11/oz so far) and probably wants to fill…
I did not get a chance to include this in NFTRH 537. So here it is by update. After the initial bear signal for stocks (bull signal for the miners)…
Today it is official. HUI poked 170 for the first time since we began this grinding process several months ago. And unlike the majority of the rally from the September…
Per a subscriber update from pre-market yesterday morning updating the situation with SPX... Here is the chart we used in Tuesday morning’s update to show that even with that big…
A quick snapshot of two fairly contrary (as they should be) situations. Here is the chart we used in Tuesday morning's update to show that even with that big down…