Notes From the Rabbit Hole, #882
NFTRH 882 Admin A reminder that I begin radiation treatments tomorrow. 8 weeks, 5 days a week, taking up about 2 hours +/- in the middle of each day. For…
NFTRH 882 Admin A reminder that I begin radiation treatments tomorrow. 8 weeks, 5 days a week, taking up about 2 hours +/- in the middle of each day. For…
[edit] It's a majority of the way through the day and while the miners are slightly positive volume has not ticked up. At some point on a theoretical right side…
The silver stock ETF is trending down vs. the gold stock ETF The bounce from a secondary low in gold stocks (HUI, GDX, GDXJ) has been going on since mid-December.…
The junior mining, exploration and development names often go to their own drummer, especially as gold stock rallies mature. As such, I want to review again some crazy technical targets…
We all know that the gold and silver Commitments of Traders are very extended and at levels of commercial net shorts and large spec net longs that tend to be…
A brief technical look at the precious metals sector using daily charts…
GDX remains in a series of higher highs and higher lows, consolidating in a flag down toward the 50 day averages. There is some negative divergence in the MACD and RSI.
A few weekly charts of larger gold and silver miners originally shown in NFTRH 390 as part of a package of 11 different stocks, large and not so large. AEM…
What Has Been
A solid 2.5 years of risk management (to varying degrees) has been required of precious metals investors. It was most intensely required after the announcement of QE3, when the net commercial short position in silver began a relentless march toward a very bearish alignment in late 2012 and then the HUI Gold Bugs index lost an important support level at around 460. Here is the chart of silver with a heavy commercial net short position from NFTRH 215, dated 12.2.12: