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…
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…
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…
HUI did the anticipated pullback to the SMA 50 (nearly to the 62% Fib) and rebounded, as per the ongoing bounce plan. Today Huey bumps his head up against the…
It was just an inkling, the little double top in the SPX/Gold ratio referred to several times in NFTRH 653. Flipping it over, we find the Gold/SPX ratio furthering its…
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)…
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…
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…
Just another update micromanaging the ongoing bounce in the metals and Gold Bug index. Gold has reached the top of the original channel we have been following, but I've added…
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…
A simple look at the pre-market futures charts of gold and silver and HUI's status at yesterday's close. Gold is thus far holding to the 'retest of the lows' and…
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…
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…
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…
The media is hyping this Fed meeting as one that may include a bit less dovish tone at Powell's press conference after the the FOMC releases its latest inaction tomorrow.…