In line with our bullish forward view on USD, behold the very bearish state of the Commercial Hedger positions in the Euro (courtesy of Sentimentrader). Recent historical data speaks for…
This is the standard weekly chart of the USD index and USD vs. other currencies reviewed each week in NFTRH. We also use a daily version to tighten the focus…
It's funny, as I have talked about the risks in the precious metals (and even done some shorting), I have had 'but Keith Weiner says the implied fundamentals of gold…
Not being a casino patron I don't go to casinos and I don't often look at or care about Forex. But USD/JPY is special, because of its recent and current…
There was that odd period earlier in the year when the Gold-Silver Ratio (GSR) and Uncle Buck disconnected, but now all is right with the (indicator) world as the precious…
First the Horsemen, Gold-Silver ratio (GLD-SLV) and Uncle Buck (UUP), who under normal circumstances ride together much more often than not. GLD-SLV is making a strong move. A rising ratio…
Daily USD climbed out of a downtrend channel, put MACD and RSI positive, created and held a support level and now has risen above the SMA 200. The weekly is…
The Gold-Silver ratio and Uncle Buck usually ride together but not through the post-Brexit landscape. US stocks and Treasury bonds often go opposite each other, but not during the post-Brexit…
Isn't it funny how USD, Gold, Silver and the miners all gapped up and reversed together today? It's now up to the Silver-Gold ratio to indicate whether or not the…
In the previous post we see inflation expectations so well tamped down. In this post we look at silver's break out of a consolidation channel vs. gold. If TIP-TLT is…
Yesterday we noted the Gold-Silver ratio and the US dollar would not remain disconnected and with today's market disturbance, indeed they are back on the same page. While gold is…
A very simple update (it ended up being a little less simple, as usual) for a very simple situation. We have noted that an anti-USD ‘inflation trade’ bounce has been in progress. This has featured rising stocks, commodities and yes gold bugs, precious metals. It’s Bob Hoye’s “all one market” syndrome and it is predicated on perceptions of a dovish Fed, a weak US dollar and the momentum of speculators.
Silver (SLV) is breaking through resistance. Gold (GLD) is as well. Gold-Silver ratio and USD (UUP) are going in different directions today. This will not last. HUI led the Silver-Gold…
I want to preface by repeating that we are all different investors and traders with different means, methods and objectives. NFTRH is not a service that tries to instruct about what is best for others because I do not know the detailed situations of others. So the mode is to interpret the markets as best as possible from a fundamental and technical view, and also show what I, a lowly individual market participant, am doing with my own funds per my own unique situation.