NFTRH 696, part 1

I have decided to do NFTRH 696 in increments, as events unfold. In the first increment I want to note that USD and the Gold/Silver ratio are not confirming bearish as war rages and FOMC lurks (March 16). US stocks have been bouncing – in what could be a perceived flight to quality – as the balance of world markets (ex-US) drops heavily. Germany, for … Continue reading NFTRH 696, part 1

US Dollar dings target #1, inflation trades still on

USD (DXY) makes a 38% Fib retrace USD (futures, DXY) has been in an uptrend for all of 2021. The uptrend was birthed by the March high and subsequent higher low in May, which turned out to be the right side shoulder we then began to manage. That shoulder was to an Inverted H&S bottoming pattern with three upside objectives. #1 is being hit at … Continue reading US Dollar dings target #1, inflation trades still on

US Dollar on plan, attended by the Gold/Silver ratio

US dollar (DXY) has activated its Inverted H&S, Gold/Silver maintains its uptrend, watch silver going foward… I do not make predictions because I do not pretend to be a guru.* But NFTRH has been tracking what has been an uptrend in the US dollar for all of 2021, keeping us well aware of the potentials being realized from late summer into the fall. A higher … Continue reading US Dollar on plan, attended by the Gold/Silver ratio

NFTRH 664, out now

The screenshot of page 1 tells it all. Well, maybe not but it’s a cool picture. This week’s report drills in depth to the macro topics that I think are most important here and now. We – not the ranting inflationist down the street – anticipated the summer cool down along with the reasons that the Fed would want such a thing. Now we are … Continue reading NFTRH 664, out now

NFTRH; If this is a double bottom…

Per the Trade Log yesterday as I was doing some selling… Frankly, I am not in love with market risk at this time and wondering if maybe some of these Reddit style events going on (ref. AMC, etc.) are ending stages stuff.  Also, yesterday’s update highlighted some negative signs by risk ‘on’ markets’ ratios to gold. Of course, the anti-market to most of the world’s … Continue reading NFTRH; If this is a double bottom…

Uncle Buck at Support, Reflation Trades Hang in the Balance

This will be telling. If you refer back to yesterday’s post, which included weekly and monthly charts, you’ll observe that this is basically it, the short-term support level standing between Uncle Buck and the launch of the next round of reflation trades. But you will also observe that support is intact until it no longer is intact. You may also want to observe the unbridled … Continue reading Uncle Buck at Support, Reflation Trades Hang in the Balance

Why Not #SqueezeUncleBuck?

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 worn sloganeering)… It occurs to me that one market is shorted like no other. That market is the one for the US dollar. This picture does not lie. The whole world has been riding the … Continue reading Why Not #SqueezeUncleBuck?