NFTRH+; Precious Metals Status Snapshot
A few pictures as we prepare to close out another wild and woolly FOMC week. While other markets, like the Nasdaq especially, are in a precarious situation the gold miners…
A few pictures as we prepare to close out another wild and woolly FOMC week. While other markets, like the Nasdaq especially, are in a precarious situation the gold miners…
It is FOMC week, a time that can be noisy. But we noted it was preferable to enter FOMC with gold muted rather than bulling, and that is what we…
Toined the macro, that is (in Moe's Brooklyn accent). Step by step... A rising Gold/Silver ratio preceded the March disaster, made an ill-fated bounce pattern in May-June and then got…
The Doctor called and he has good news for reflation-minded casino patrons. The important $3/lb. level has been taken out (daily chart) by this asset that is emblematic of a…
The silver bull (et) wants to break consolidation this morning and it wants to do it in the direction of the trend, which is up. Symmetrical Triangles are thought of…
Sentimentrader did a study of previous occasions when gold optimism fell like it did on Tuesday over the span of less than 10 days. Above you can see the results.…
With reference to this morning's pre-market post, gold (daily) held below the EMA 20 on the bounce. Hence, it's still a candidate for the 1800 to 1833 area, where it…
Since the SIL/Silver ratio is the one putting a hard test on its major uptrend (daily SMA 200), let's take a closer look at the current situation in relation to…
The way I view the current situation, in bullet points. The miners are fading the metals, and while this can be a concern I am at the moment coming down…
The TSX-V index made a new recovery high yesterday, yet the Copper/Gold ratio is breaking down. Here's the view as of this morning's pre-market. While the Silver/Gold ratio goes on…
Now, I have not gone raving silver bug on you. The title says "silver bull" because that is what silver is in, a bull market by definition of having taken…
Our hard working miner here (we'll call him Huey) has been pushing his cart of rocks, first gently downhill from 2016 to 2018 and then uphill to a bull market…
And here comes the volatility as gold firms and has likely made a bottom vs. silver. In NFTRH 613 we showed the Silver/Gold ratio at a limit point (or a…
Not only have gold and silver touched the target zones, they've smashed into and exceeded them. Gold hit 1974 (target: 1940) and silver hit 26.27 (target: 24-26). Unfortunately, they did…