NFTRH+; US Dollar
Well, at least my Euro short (EUO) did well today. It will basically follow the chart of DXY below. I have been adding to the EUO position as a hedge…
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August 19, 2020
Historic Commercial Net Short Euro Positioning
Per Sentimentrader, here's the epic CoT alignment in Euros showing Commercial Hedgers burrowing southward in their net short positions. I patiently remain short the Euro against the Trump/Treasury/Fed Triumvirate (TTFT)…
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August 17, 2020
Uncle Buck Waking Up?
It's been a long dirt nap for ole' Uncle Buck. Down, down and down some more as the reflationary world has partied on with Wayne and Garth. The party has…
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August 7, 2020
NFTRH; Gold/Silver Ratio, Copper & USD
And here comes the volatility as gold firms and has likely made a bottom vs. silver. In NFTRH 613 we showed the Silver/Gold ratio at a limit point (or a…
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July 30, 2020
NFTRH+; Targets Solidly Registered… Thoughts on What Now
Not only have gold and silver touched the target zones, they've smashed into and exceeded them. Gold hit 1974 (target: 1940) and silver hit 26.27 (target: 24-26). Unfortunately, they did…
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July 28, 2020
USD Ticks a New Low
So much for "great again" America. If Trump manages to somehow get reelected and he opens his pie hole about the economy you will know to filter that garbage out.…
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July 23, 2020
NFTRH+; Silver/Gold Ratio
The previous public post gave reasons for caution on silver. This update gives a reason for caution (and profit taking where desired) on silver, miners and the reflation trades in…
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July 22, 2020
The Foil to the Chicanery Twitches
Uncle Buck twitches and the reflation trades flop. Let's go Trump, time to start brow beating the inflator-in-Chief at the Fed again. Take to your Twitter machine. You've got the…
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July 9, 2020
Uncle Buck is Not Impressed
With Jerome Powell doing this... And with Trump pondering another cool $Trillion (on infrastructure spending) on top of the off the charts monetary and fiscal stimulus that can only happen…
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June 16, 2020
NFTRH+; USD
Picture = many words. The US dollar index lost the SMA 200 and support at 98.30, dropped to and through the next support level at 97.65 and this morning is…
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June 4, 2020
NFTRH; Daily Futures Charts of Gold, Silver, Copper & USD
A pre-market snapshot using daily charts of key items. Gold continues to dwell in a longer-term resistance zone after holding support yet again. Trends are up and the pattern targets…
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June 2, 2020
Micromanaging Uncle Buck
Might as well micro-manage the US dollar index a little more since it's at a pivotal juncture. For the copper view to prove bearish on the fairly near-term USD would…
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May 29, 2020
This is the night we ride…
This ain't the garden of Eden There ain't no angels above And things ain't what they used to be And this ain't the summer of love Lock all your doors…
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March 19, 2020
Gold is Tanking!!
Side note disclaimer: I covered shorts in gold this morning. I think it could go lower nominally, but I don't care. Anyway, on with the post with a tongue planted…
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March 12, 2020