Lets start with the daily bar combo chart for the PM complex which shows the August trading range still under construction making lower lows and lower highs for the most part.
When there appears to be a critical inflection point in any market, it is always important to go back and look at some long-term charts so you don’t lose sight of the big picture. The big picture can also tell you if your long-term view is...
We hear so much negativity from both sides of the isle that if a Republican is elected to the presidency then everything is going to hell in a hand basket and if a Democrat is elected then you will be better off to find another country to...
Gold plays a duel role as a commodity and as a monetary metal which makes it important to keep a close eye on. During the early stages of a commodity bull market Gold will generally lead the whole complex higher. When the troops see the...
Most of the time during a bull market the short, intermediate and long term charts are pretty much in sync even during a consolidation phase. Consolidation patterns are needed to bring the overbought condition back to what is normal for a...
For the last 2 days our internet has been down which really makes you appreciate this miracle invention. We’ve had intermittent problems through the years that no one has been able to figure out until today. The phone company finally came...
By Rambus - September 23, 2020
The trading range on the HUI and other PM stock indexes continues its job of confusing both the bulls and bears alike. I’ve always said that trading an impulse move is much easier than trading during a consolidation phase. During a strong...
I’ve been posting exclusively for the last 2 months on the PM complex as I know that is most of our members main focus. Since the PM complex is now in consolidation mode I would like to take this time to show you the other bull market that...
During the bull market years between 2000 and 2011 the US dollar and currencies played a key role in the PM complex bull market. Tonight I would like to go back and visit some of these old charts and see how they pertain to our current...
Before we look at today’s charts I would like to go over some challenges that we’ll face as the current impulse move in the PM complex continues to move higher. It’s not every day that you will find yourself getting in close to the bottom...