Silver… Away!
The monthly chart of the silver price shows a break through the long-term resistance zone and a tick to an 8 year high. Suspect underpinning though it may seemingly* have…
Comments Off on Silver… Away!
February 1, 2021
NFTRH+; US Dollar Status Per This Morning’s Futures
As harped upon for the better part of a year now, it's all about the US dollar with USD being the anti-market to most cyclical and 'risk on' markets being…
Comments Off on NFTRH+; US Dollar Status Per This Morning’s Futures
January 28, 2021
Uncle Buck, Live
The lynchpin to the global speculation orgy has merely bounced to its down trending SMA 50, but that has been enough to pressure global markets far and wide. As yet,…
Comments Off on Uncle Buck, Live
January 27, 2021
Gold and Silver Back on the Anti-USD Wagon
It's pretty interesting how the November disconnect by gold and silver from the global anti-USD trade turned out to simply be a correction of the previous excess. Very clearly the…
Comments Off on Gold and Silver Back on the Anti-USD Wagon
January 6, 2021
NFTRH; 2021 Day 3 (a look at the futures)
A look at this morning's futures with brief thoughts on each. The US dollar index is down again, to 89.38 with the next support target at 88 +/-. That is…
Comments Off on NFTRH; 2021 Day 3 (a look at the futures)
January 6, 2021
Bad News for Silver, Courtesy of Seeking Alpha [w/ edit]
Short-term headwind against silver courtesy of SeekingAlpha Note that this article was written before silver recently slid back below its daily SMA 50. See Silver is Back Did it ever…
Comments Off on Bad News for Silver, Courtesy of Seeking Alpha [w/ edit]
December 14, 2020
Destructive Gold Bug Obsession w/ USD
Don't obsess on the US dollar dear bugs. That is easy analysis that leads to poor outcomes at key junctures. In this case it would theoretically mean that an anti-USD,…
Comments Off on Destructive Gold Bug Obsession w/ USD
November 24, 2020
Bitcoin: 1 Reason Why
MarketWatch used to pick up my posts on rare occasion but has not done so for a long time. Maybe they think I make fun of some of their articles…
Comments Off on Bitcoin: 1 Reason Why
November 19, 2020
Bedfellows Do Not Include the Miners
We have shown how the US stock market and the inverse of the US currency are not so strange bedfellows. But there is one former bedfellow who is now strange…
Comments Off on Bedfellows Do Not Include the Miners
November 18, 2020
Watch Uncle Buck
Bearing in mind the extreme correlation to this point between inverse USD and SPX... ...it is probably a good idea to keep an eye on Uncle Buck, who is holding…
Comments Off on Watch Uncle Buck
November 9, 2020
NFTRH+; Watching EUR/USD
As you may know I took on the EUO Euro short again yesterday in order to hedge a potential US dollar bounce. A new leg up in USD would impair…
Comments Off on NFTRH+; Watching EUR/USD
October 20, 2020
NFTRH; Priority Update on Precious Metals & US Stocks
Gold, silver and the miners are and have been in consolidation/correction. US stocks are and have been bullish but at high risk. Here's the current technical situation using daily charts.…
Comments Off on NFTRH; Priority Update on Precious Metals & US Stocks
October 15, 2020
NFTRH+; A Timely Historical Study on L/T Yields, the Yield Curve, Gold, USD & Financials
I want to share some historical work done by Sentimentrader about the current setup in Treasury bonds. A caveat is that I think ST is a little convoluted in their…
Comments Off on NFTRH+; A Timely Historical Study on L/T Yields, the Yield Curve, Gold, USD & Financials
October 7, 2020
US Dollar
Per the NFTRH Trade Log last Thursday: "I just took all profits on what were by far my largest positions, Euro short EUO." Why? Because the profits were there. Why?…
Comments Off on US Dollar
September 29, 2020