I am already long two of its top 3 holdings (First Quantum & Teck) along with RIO. But the Global X Copper Miners ETF is the latest in the bull…
The US currency is up this morning and surprise surprise, gold, among other things is down (gold bugs should not be in worry mode, they should be in general preparation…
The time to be getting afraid was when the market ramped and sentiment was pinging to over bullish after the Brexit sentiment reset to over bearish had sprung the rally. …
A solid 36 page report. The market bounce matures as it enters our target zone and sentiment is the indicator. Precious Metals continue to improve on the macro, but carry…
As usual we will seek to add more to a bullish gold stock discussion, such as Treasury yields and their spreads, gold’s performance to the stock market and even the US dollar, which is very over done to the upside. All of these and more will play in to an intermediate to long-term bullish case.
The Non-Farm Payrolls report comes out at 8:30 US Eastern time. It’s a tough call on what the market wants to see. The market is as capable of celebrating a bad number (Fed on hold!) as it is a good one (economy is still humming!).
From Sentimentrader.com's data we note that the percentage of bullish sentiment indicators has plummeted with the stock market 'V' bounce after becoming contrarian bullish at the height (or depths) of…
HUI has declined to 215 and made a marginal lower low from the start of the bear flag in the 216’s. We had been anticipating 210 as the critical support to a bottoming scenario. So, given the proclivity of this sector to test limits, let’s keep that alive.
A ‘White Paper’ article on contrary indicators in the emotion packed gold sector. Make it them work for, not against you.
The gold sector is peopled by a high concentration of contrary indicators because it is a relatively (to the vast world of equities and bonds) small market that offers refuge from some of the damaging aspects of the spectrum of investment products that are supported by the manipulation of interest rates and printed (and digitally created) money supplies. Thus, gold has moral high ground if an asset can be thought to have morality.
How I [they] Learned to Stop Worrying and Love the Bomb [Market] paraphrasing Stanley Kubrick’s great cold war/nuclear paranoia film Dr. Strangelove (1964).
The USA thrived during a 20th century rife with war, famine and depression. This was a wealthy country however, founded on principles of self-reliance and valuing thrift, saving and honest work for an honest return. Add in unparalleled productivity and economically at least, the positives more than outpaced the negatives.
Excerpted from NFTRH 250 (August 4, 2013) Momentum: the quantity of motion of a moving body, measured as a product of its mass and velocity. the impetus and driving force…
We have been reviewing different versions of this chart in NFTRH over the last several weeks as the S&P 500 approaches a long-standing target of 1550+. Today it looks like…