NFTRH; Gold Sector
Well, I think the red headed step child has been beaten enough, don't you? Pardon the insensitive old fashioned expression, but the point is that the precious metals have been…
Well, I think the red headed step child has been beaten enough, don't you? Pardon the insensitive old fashioned expression, but the point is that the precious metals have been…
I was mildly annoyed watching the gold stocks get gamed today as the oh so dreaded FOMC minutes loomed. But I realized that nothing had changed and just went on…
I've been watching the HUI/Gold ratio this week as it refused to break down amid the recent bearish price activity and is now looking constructive. Here is the GDX/GLD version…
I realize that at some point this could blow up in my face, but I am fully hedging* gold miner exposure again as I am in the midst of the…
I sold the direct hedge positions on the miners (DUST) as HUI has dropped to within 2 points of the beginning of the key support zone. Indirect hedges of sorts…
The road, in this case, would be the HUI 195-200 level we have been projecting as key support. Below is the daily chart we've used in NFTRH reports and updates…
Unless you are a momo driven, hopped up speed freak so abundantly populating today's markets, you might view the immediate - and appropriate - short-term reversal in the precious metals…
With the disclaimer that several quality gold stocks are already bullish - which I've seen as a positive divergence for the sector - we take the sector as a whole…
Ever since 2012's failure of the 'QE 3 rally' in the precious metals it has not been fruitful to micro manage the gold sector, because that failure jump started a…
I have fun putting up the tired looking Huey Lewis picture (I couldn't stand that music) and am always happy to poke the gold perma pom poms simply because of…
The still-bearish Gold Miners index was due for a bounce at lateral support and that is what it got. Here is one of the charts by which we plotted the…
In NFTRH, we have expected a "bounce" and Huey is finally doing just that; bouncing. But there are several parameters and milestones we are managing on daily, weekly and monthly…
HUI is torn, frayed and downright bearish. What's more, it's been bearish since it started to drop from the SMA 200 failure point. In NFTRH, we managed bounce #1 (off…
The heavy looking precious metals complex chose the path of least resistance yesterday, which was down, as we've been noting. Let's take a brief update of the technicals, with only…