Keep Pushing That Stupid Cart, Huey!

HUI/SPX ratio Push, push, push... that cart full of rocks out of the dark cave you've been in since last summer, Huey. Push, push, push and see if you can…

Comments Off on Keep Pushing That Stupid Cart, Huey!

NFTRH+; The Hint Continues to Evolve

The Gold/SPX ratio continues its way upward, after breaking above the SMA 50. Here's the larger view for more perspective. As yet, considering all that resistance traffic above it is…

Comments Off on NFTRH+; The Hint Continues to Evolve

Huey is on Plan

HUI daily chart per Monday's NFTRH+ update As he pushes his cart of rocks slowly out of the cave and up the hill (careful not to backslide too much Huey)…

Comments Off on Huey is on Plan

NFTRH; The Preferred Case for Gold Mining

Gold mining is a counter-cyclical business. During economic (and inflationary) down cycles gold out-performs industrial metals, oil/energy, materials, stocks, etc. Insofar as commodities and materials contribute to gold mining cost…

Comments Off on NFTRH; The Preferred Case for Gold Mining

NFTRH+; HUI Pullback Projections

In Thursday morning's update we projected the initial support levels for HUI at 290 and 282, the second of which is better support because it has a much thicker visual…

Comments Off on NFTRH+; HUI Pullback Projections

NFTRH+; Gold, Silver & HUI

Daily charts of gold, silver and HUI Gold is further on track this morning per our bounce theme. In taking out the SMA 50 it looks like the channel top…

Comments Off on NFTRH+; Gold, Silver & HUI

NFTRH+; A hint at least…

With gold and silver getting roughed up today I was looking at my FNV position earlier and wondering why it was so strong while most gold stocks were also in…

Comments Off on NFTRH+; A hint at least…

Gold Miners Are Leading Something

HUI was in positive correlation to long-term Treasury bonds (TLT) from the top in the fear trades last summer to the end of February. Then they went opposite each other…

Comments Off on Gold Miners Are Leading Something

NFTRH+; Bounce

There is so much to cover in a weekly report that sometimes I cannot be as pointed as I'd like in my wording. Hence, in-week updates like this one to…

Comments Off on NFTRH+; Bounce