NFTRH+; Gold and Silver Futures Progress and Thoughts on Gold Stocks
Gold lost the upper support zone. No surprise there. Now comes the lower end but also please consider the channel bottom well down in the 1600s. Silver is trying to…
Gold lost the upper support zone. No surprise there. Now comes the lower end but also please consider the channel bottom well down in the 1600s. Silver is trying to…
Still no notable movement in the Gold and Silver CoT The Commitments of Traders for gold show large Specs net selling and shorting, and Commercials reducing net shorts (still heavily…
Here is an excerpt from the January 31 edition of Notes From the Rabbit Hole, NFTRH 640; a segment I probably spent too much time on, given the spectacular nothingburger the…
Well, per the Trade Log I added SVM (to current holdings HL, SILV & MAG) today on the hard pullback, post-hype. Given silver's intact status and leadership to gold, as…
Silver thus far holds the key support area of 26 to 27.50. The moving averages are up-trending nicely and so the picture is still bullish. Gold is on the outs…
Sentiment is being addressed in decisive fashion in silver/SLV For the record, I tested the play in spite of my gut telling me these clowns were leading lemmings to the…
Silver ended up pounding through the trend line, which is less important than the 26-27.50 long-term support area and the up-sloping SMA 50. While the silver squeeze promotion was hammered,…
Why not #SqueezUncleBuck? Consider this post for entertainment purposes only (but not really). In the "short squeeze era" as this silver promotion put it (among a litany of other well…
The monthly chart of the silver price shows a break through the long-term resistance zone and a tick to an 8 year high. Suspect underpinning though it may seemingly* have…
As to the post's title, they sure are trying. Despite doubts that the stodgy old likes of me may have. But for two days at least dem bugz is successfully…
Chests were thumping and endorphins were releasing on Twitter, as if it were a done deal. Well, the deal is not done yet. But if we are going by the…
Now the gold and silver bug community is on board the short squeeze express, exposing itself as the gamblers and casino patrons (as opposed to sound money advocates) many of…
Silver/Gold and Gold/Silver ratios are among our most important indicators. Silver has more pro-inflation, pro-cyclical characteristics and is a more commodity-like commodity than gold, which has more monetary characteristics. The…
Gold and Silver CoT data continue moderately improving Gold saw large Specs and Commercials basically in a wash, with a common theme a reduction in open interest. Of positive note,…