Silver Bullet Breaks the Moving Averages
It's been years since I've cared much about silver but at the May lows I cared enough to initiate and then add to a position in SLV. It's not ownership…
It's been years since I've cared much about silver but at the May lows I cared enough to initiate and then add to a position in SLV. It's not ownership…
In order of appearance these metals are the cyclical inflation signaler, the counter-cyclical relative disinflation signaler and the really early and intense inflation signaler (at least in its relationship to…
First off, a wish to all readers for a happy Memorial Day weekend as we remember loved ones lost in battle and otherwise. Memorial is not a US thing, it's…
Live daily futures charts for your review. Click the charts for clearer views. Doctor Copper dwells below the broken support level at the SMA 200 despite this morning's market relief…
Here is the CFTC Commitments of Traders data just out (we'll have the graphical view of both silver and gold in NFTRH on Sunday). Why, look at those large Specs…
Using ETFs, here is the oh so predictable state of relative gold as the global relief thing furthers its grip. Gold/S&P 500 Gold/Global Stocks Gold/Commodities Gold/Oil Gold/Base Metals Gold/Palladium Gold/Silver…
Just some impressions - without the usual lines and squiggles. Man stares at charts, has some thoughts. Simple. Take it with a grain of salt because the views are not…
Here is what gold and silver need to do to go bullish per the live futures daily charts below (click for full, clear view). Gold needs to break above the…
Based on 30 years of data gold was fairly normal to its seasonal average until dropping to disconnect from it in April. From Sentimentrader... I don't mind that in the…
It's a metallic 4'fer beginning with the economic metals (futures). Copper for cyclicality and gold for relative counter-cyclicality. Copper is fading to support again. Sure, it can fade to 2.70…
As usual, I point you to the screenshot for a fraction of what's going on this week. Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly…
Well here it is. Here is the fallout from the hype that I wished I'd have been even more strident about in February. HUI HUI has dropped to the SMA…
Here is a chart from yesterday morning's NFTRH subscriber update showing the breakdown from a short-term topping pattern and the relevant support areas at the SMA 200, 1240 and 1215.…
Silver is poking through the 1st support level. The next level is at 14.50, which has gained a better chance of being hit due to the incomplete CoT trend. Gold…