NFTRH+; Update: Gold, Silver & HUI
I made an aside in NFTRH 638 that the market would probably bounce the precious metals to screw up my shorts. Well, it has and it is no big deal.…
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January 20, 2021
Gold & Silver CoT; the Goons Start to Unwind
Fear not my gold buggy friends, the goons have started the process of sanitizing the Gold and Silver CoT structures. Why, look at those large Spec longs bailing out and…
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January 15, 2021
NFTRH+; Going Against the Seasonal; May Be Opportunity
Interesting snapshots of gold and silver below, opening 2021 in contrast to the bullish seasonal averages. I think we are shaping up opportunity here. Keep an eye on silver and…
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January 12, 2021
Gold & Silver Commitments of Traders
In NFTRH 636 we noted.. "Unfortunately, the gold and silver Commitments of Traders data are not offering positive signals. While neither is a show stopper, we’d prefer to see speculators…
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January 8, 2021
NFTRH; The ‘Progress’ in Gold and Silver
I wrote "progress" in the title because the short-term correction in gold and silver is ongoing but also has not compromised the technical standing of either of metal. The pullback…
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January 8, 2021
Gold and Silver Back on the Anti-USD Wagon
It's pretty interesting how the November disconnect by gold and silver from the global anti-USD trade turned out to simply be a correction of the previous excess. Very clearly the…
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January 6, 2021
NFTRH; 2021 Day 3 (a look at the futures)
A look at this morning's futures with brief thoughts on each. The US dollar index is down again, to 89.38 with the next support target at 88 +/-. That is…
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January 6, 2021
NFTRH+; Silver/Gold Ratio & Nominal Silver Short to Long-term
We have been noting silver taking up leadership from gold as the sector hinted at (and yesterday made) a breakout. Here is the daily view of this morning's Silver/Gold futures.…
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January 5, 2021
Gold and Silver Out of the Gate Strong in ’21
We'll see how it looks tomorrow morning, but 2021's futures are starting like a house afire for gold and silver. Others? Not so much. Here's a screen shot of gold…
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January 3, 2021
Silver/Gold Ratio Makes a Move
The Silver/Gold Ratio would lead the precious metals and inflation trades higher Unless it's an FOMC week whipsaw to end all FOMC week whipsaws (there've been one or two doozeys…
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December 17, 2020
Bad News for Silver, Courtesy of Seeking Alpha [w/ edit]
Short-term headwind against silver courtesy of SeekingAlpha Note that this article was written before silver recently slid back below its daily SMA 50. See Silver is Back Did it ever…
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December 14, 2020
NFTRH+; Gold & Silver Futures Charts
A look at the in-day views of gold and silver using daily charts. Gold halted at the down-turned SMA 50 after previously using the up-sloping SMA 200 as support. The…
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December 9, 2020
3 Metallic Amigos and Their Messages
Metals Ratios Continue to Indicate Inflation And that is welcome for monetary and fiscal policymakers of course, since inflation is the only trick they have up their sleeve to bail…
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December 1, 2020
A Black Friday Massacre for Gold and Silver?
See also The Gold Stock Correction is Maturing, posted on Thursday. When I usually write the word "massacre" it is in reference to the Christmas Eve Massacre (in stocks) of…
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November 27, 2020