Gold & Silver Stocks Belie CoT Caution

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…

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NFTRH; Precious Metals Update

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.

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Gold Stock Charts

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…

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Precious Metals: Risk Management to Opportunity

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:

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