As you know, your letter writer has been waffling a little over the last couple of weeks with respect to the favored plan, which to me made a lot of…
A very simple update to show that as the stock market's bounce has proceeded to target, dragging formerly over bearish market sentiment with it, the gold sector has pulled back…
A reminder about what Rob Hanna's historical data say about Thanksgiving week, per his latest post: Thanksgiving Week Seasonality - An Updated Look From 1960 – 1986 someone who bought…
It's a tough racket, this gold stock racket. In January of 2016 everyone was convinced that HUI was going to the target implied by the lousy 2015 pattern. And no,…
Not being a bear trader (in my opinion that's a certain type) and not having the time or inclination to babysit a net short portfolio (as a full time weekend…
In yesterday's post goofing on the men who stare at charts, we noted that silver has been expected to get a bounce, but also that nothing technical has changed. It's…
A simple daily chart view of HUI showing what needs to happen in order for Huey not to abort its bounce potential. It needs to bounce from the current area…
Technical We have gone on about the bad fundamentals for too long now. With the sector washing out it would be best for a buyer to see the US stock…
Gold is breaking down from a short-term bear flag below the moving averages. That December low was a higher low to the one before it and to remain intact gold…
Technical HUI is indeed filling the gap as we speculated might be the case in the last update. Recall in that update we had noted HUI creeping above the SMA…
Since the sector never did give up its positive indicator underpinnings (like HUI/Gold & Silver/Gold ratios) and HUI is popping back above the SMA 50 for today at least, I…
As the US dollar pops to the anticipated test of the down trending SMA 200 (91.92, with USD currently at 92.09) we finally have this out of the way. That…
As I have belabored over the years, the same implications that can spur a rising US dollar can go hand in hand with a bullish case for gold mining. That…
I am not going to play precious metals sponsor or cheerleader. I'll get rid of positions if given the signals because all this ever was to this point is a…