One of the most critical lines to watch is the 12-month moving average for stocks. Historically this line has served well as a proxy for determining if stocks were in a bull or bear market. When stocks rallied above this line, they were in a bull market. When they...
Gold Editorials & Commentary
February 17, 2016
This looks to me more like an overreaction to the down side in gold based off a sort of mini-panic out of the safe haven trades. From a fundamental standpoint, nothing has changed in regards to the concerns about negative interest rates nor the chaotic nature of the...
After gold’s incredible surge last week, it is now facing a critical test that will either prove or negate a new bull market in the yellow metal. The gold ETF GLD crashed through the 30-week moving average two weeks ago on 2-times average weekly volume, then...
This past week, I had an experience which was quite interesting. As many of you know, I write for Market Watch, and sometimes will post an article about precious metals. Over the last few years, I have been told that my gold articles have been some of the most well...
February 16, 2016
Since the middle of December, gold has executed an impressive advance. It rose from $1047 to an inter-day high of $1263. Money is again flowing into the yellow metal in response to a confluence of positive technical indicators, continued deterioration in other...
In this edition, a record thirty six analysts representing thirty one different companies participated in the forecast. Contributors forecast an increase in all four precious metals prices in 2016. They expect a rise of 12.7 percent for palladium prices, 5.4 percent...
According to the Bureau of Labor Statistics (BLS), there were 151,000 net new jobs created in the month of January, and the unemployment rate fell to 4.9%. The continuing increase in new job creation and removal of slack in the labor market is causing the Phillips-...
The fundamental picture according to the data released by the World Gold Council continues to indicate improving fundamentals for Gold. However, we are not believers of fundamental analysis and have proved over and over again that proper technical analysis combined...
In the overnight session gold reached a low of 1191.80, and has since recovered somewhat to be trading around the 1215 area, at the time that this Post was being written. As we mentioned in yesterday’s Morning Post we are now working on wave !iv! and it could now be...
Led by oil, the world’s risk-on assets are beginning what could be a fairly significant bear market rally. Bear market rallies tend to be quite violent. They often end very quickly, without warning.
If we were having dinner with a friend while the markets were closed, it would be easy to say, "yeah that makes sense" in response to the following statement: During a bullish trend, stocks do not go up every day. During a bearish trend, stocks do not go down every...
Gold has clearly broken out of its falling wedge - earlier than anticipated. The stellar performance during the last two weeks has likely changed the big picture and probably marks the starting point of a new multi-year bull market. But short-term Gold and the...
It’s amazing how much time and effort is spent by some analysts in attempting to track the movements of gold between locations. It’s amazing because such analysis provides no useful information about price, that is, such analysis has no practical value for...
February 15, 2016
There are recently several articles published in this website as to why the precious metals should rise to new heights. We present here a special technical analysis and show when the next big wave of the gold stocks will explode upwards and how high their prices...
In the previous US Markets it was anticipated that it would be a telling week – one that would either confirm that major trend changes are happening, or enable those who work so hard to maintain the status quo to continue their nefarious meddling with the markets....
The exchange rate between the Argentina Peso and the US dollar in January 1945 was 4.17 pesos to one dollar. Like the United States, Argentina created substantial price inflation – devaluation of their currency – in the 1950s - 1990s.
On Thursday, a decline which started at 1947 on the SPX broke the January 20 low of 1812 by a couple of points, and immediately reversed to finish on Friday’s close at 1864, with a 52-point bounce. Because of this being a potential double bottom, some analysts were...
February 14, 2016
Well what a couple of weeks for the bulls, resistance was taken out on a daily weekly and monthly basis. It was certainly unexpected…but then they don’t ring a bell at the bottom.
As the global market crisis continues, the danger posed by this crisis to the US economy continues to be underestimated by economists and central bankers. A report recently showed that US job openings surged in December…and the number of American voluntarily...
Friday was another day of extreme volatility (a day when the Dow Jones closes (+/-) 2% or more from a previous day’s closing price). However I suspect the “policy makers” ripped off Mr Bear this week. On Monday and on Thursday the Dow Jones Index was down more than...
Gold's combined gains for the past two weeks (+10.8%), and for the past three weeks (+12.8%), and for the past four weeks
February 13, 2016
The developing Epocalypse will become the super-volcano of economic history, and this week revealed cracks in the surface that give hints of the eruption to come.
We introduced the graphical view of the preferred counter-cyclical environment for gold and especially the gold stock sector in July: Macrocosm. We have updated the view several times since at NFTRH.com, with the macro backdrop getting more and more supportive of...
A clarification: We tend to use the regular Friday closes for our charts to avoid the closing “fix” that can sometimes time be several dollars for gold and several cents for silver away from the end of Friday trade.
Gold sector is on major sell signal. Cycle is up. Once a bull market is confirmed, we will be buying/accumulating at cycle bottoms, as we did beginning in 2001.Silver is on a long term sell signal and investors should be in cash or short. Short term is on buy signal...
Last week we focused on the gold stocks. There was more initial evidence of a new bull market there than in Gold. However, Thursday Gold erased some doubts as it rocketed above $1200/oz and to as high as $1264/oz before settling a bit lower. That move puts Gold’s...
February 12, 2016
This is the Question on Everyone’s mind. Bullion At Gold Investments Ltd. As Price Of Gold Rises To Highest Level Since OctoberEarlier this week we looked at the expanding triangle as a possible reversal pattern as it was testing the top rail with a beakout gap. The...
Hopefully you have read between the lines of my writings over the last few weeks and felt the urgency of the situation. Markets all over the world are coming apart at the seams and "control" is rapidly being lost.
Technical Analysis of The Markets Via Videos.
The gold miners’ stocks are rocketing higher again, multiplying wealth for smart contrarian traders who bought them low in recent months. But after such a blistering surge, traders are naturally wondering how much farther gold stocks can run. Is it time to realize...
