I don't know what the reason may be. Warren bombing Warsh? The typical cease fire on/cease fire off war wrangling. A combo? Or maybe just the technicals, which were and…
As you know, one of our most important market indicators is a simple view of the Semiconductor sector as a leader of the broader US stock market. SOX/NDX and SOX/SPX.…
Editorial Comment After the latest TACO sale, the stock market is doing the predictable. Trump did what we all should have known he would do; flip on his vile and…
Trump backed down today, apparently negotiating with ghosts. Before that happened gold, silver and GDX had all registered the lower targets we had set. Risk/reward is and was greatly improved,…
NFTRH 906 The Pig Won't Crack At least not yet. With the Iran war driving market emotion, with the US winning the war in like an hour, according to Trump.…
Never mind the headlines, the US dollar and the Gold/Silver ratio will decide what's next The 2 Horsemen of the Liquidity Apocalypse, the US dollar and the Gold/Silver ratio, are…
A modified * excerpt from the February 22nd edition of Notes From the Rabbit Hole, NFTRH 903: The Drive to the Mid-Terms We know that the Trump administration is going…
The near-term path is disinflationary, but the macro is now clearly inflationary With Treasury bonds firming up lately, it is time to review the game plan NFTRH has been working…
We had a long and prosperous rally in gold stocks for the right fundamental reasons. When the Silver/Gold ratio bottomed and turned up it introduced inputs of massive speculation and…
The US stock market's trends are up. Most indexes are technically intact and it's a bull market. So bear speculation needs to take that "good news" into account. But that…
NFTRH 899 Big Picture View (summary) Precious Metals: Gold, miners and especially silver are over-bought, at increasing risk of correction and flat out bullish. The view is that a coming…
Our plan has been for 2026 "inflation trade" including a wider range of commodities. But the plan was subject to an interim market liquidity problem/deflation scare that would, not so…
NFTRH 896 New Year, Day 1 Friday was fairly uneventful. Normal. 2026 tax year profit-taking did not seem to present itself to any major degree. The gold and silver miners…
NFTRH 893 This Time the Silver Hype Has Macro Backing I added to my PSLV position way up here in blue sky because of the bigger picture macro, not because…