The Work That Silver Needs to Do
The daily futures chart makes it clear. Silver had a pre-market whipsaw up and back down this morning and it remains on consolidation at short-term support, locked below the down-sloped…
The daily futures chart makes it clear. Silver had a pre-market whipsaw up and back down this morning and it remains on consolidation at short-term support, locked below the down-sloped…
In NFTRH 600 we looked at a chart of gold with its associated CoT data. The chart has a clear upside target and the unspectacular CoT is not standing in…
Thing 1 continues to emerge from its bull flag while Thing 2 is breaking down from its bear flag. Logical, eh? Macro dorks, have at it with your interpretations. Slowly…
I guess I am making up for a lack of posting the last couple days. Sometimes I need extra time to decompress after the weekend work. Today the Amigos tell…
If the Gold/Silver ratio's bull flag turns out to have been a good forward indicator on a failure of the inflation trades as well as another correction in the broad…
[edit] It goes without saying that gold miners and the royalty companies that live off them will be shown to have been impaired like many other companies by the coming…
Just another Silver/Gold ratio post with no further words necessary. Subscribe to NFTRH Premium (monthly at USD $35.00 or a discounted yearly at USD $365.00) for an in-depth weekly market…
It makes sense since I am on record as expecting an off the hook inflationary phase once we finish up with the deflation scare that is herding everyone the way…
Here is how they shook out as of Tuesday the 31st. Gold open interest continued to diminish as large Specs sold way more than they shorted and Commercials reduced longs…
Gold: Counter-cylical Amigo Silver: Counter & Cyclical transvestite Amigo Copper: Cyclical Amigo Using daily and monthly charts we catch up with the 3 Amigos to see what they indicate. The…
No pun intended with the title, but it appears that the market's excuse to fall once again - as was eventually likely on this bounce - came on the heels…
My view is that we are going to exit the deflation scare in favor of an inflationary/stagflationary future. Monetary and Fiscal policy bombs say so. The Fed's printing of funny…
Gold futures are up and silver futures are up bigger. So the Silver/Gold ratio is still playing ball tonight by keeping its bounce going. But nominal silver has work to…
The silver price and gold price are both up big today in response to the Fed's QE announcement. Obviously the sector is doing well today. But for the wider macro,…