GDX

We’ve written about the importance of intermarket analysis. Movements in various sectors and asset classes influence each other. The Treasury market is the largest in the world and affects trends in other markets. Interestingly, Bonds at times move with Gold. In these cases it is due to a safety or flight to quality play and … Continue reading

Now that we are past the Fed circus we can get back to reality. But what is reality? Is it inflation? Deflation? A repeat of 2008? What matters is the message of the markets and the correct interpretation of the message. With regards to the mining stocks we are seeing a stark contrast relative to … Continue reading

The collapse of 2008 remains fresh in mind. And yes, while collapse is the most overused word in the financial markets (next to bubble), 2008 was indeed a collapse for everything. Our beloved gold stock sector plunged roughly 70% in only three months. This collapse hangs in the back of the psyche each time global … Continue reading

In only two months Gold surged from $1500 to $1900/oz. Over the past few weeks Gold has remained range bound from $1750-$1900. The longer Gold holds this range then the more optimistic we can be. That $400 move was not a parabolic blowoff top but the initiation of an acceleration. This consolidation is likely to … Continue reading

The action in the precious metals raises speculations of interest to Gold Stock Trades subscribers especially in the labyrinth created by a fear driven market.  Gold at this time is participating in a runaway move past resistance.  Although gold has reached new record highs it may be stalling in its attempt to continue moving … Continue reading

In recent commentaries we’ve discussed the relative strength of the gold stocks and in particular the relative strength of the large miners. This relative strength comes at a time when the sector is nearing a potentially historic breakout. We’ve written about this breakout before but now the gold shares are closing in and it could … Continue reading

Savvy and experienced market technicans and traders will laud the concept and importance of relative strength. Relative strength analysis can be used on any time frame. On large time frames it can tell us which sectors could be future leaders. On shorter time frames it can also provide insight to the future. In this analysis … Continue reading

A variety of factors are lining up that lead us to believe we are on the cusp of a major move higher in the gold stocks. We feel we have been saying this for a while but the reality is we are moving closer and closer to that moment. The fundamentals couldn’t be more obvious … Continue reading

Updated version of a chart shown a few weeks ago when we ID’d bullish divergence and a potential short term downtrend breakout.  GDX diverged bullishly, broke the 60 min. downtrend and now tries to get above resistance.  If it holds, the short term target is 59. NFTRH subscribers, think about this in conjunction with the … Continue reading

Murray Coleman of Barrons interviewed us in regards to the current situation in the metals and shares: Gold and silver futures finished on Friday at their lowest levels in six weeks. At the same time, popular ETFs investing in mining stocks closed higher on the week. That’s prompting some analysts to predict that the longer-term … Continue reading