Gold/Foreign Currencies

It has been a strong start to 2016 in precious metals, today notwithstanding. Gold was able to break above daily resistance at $1080 to $1090 while miners climbed higher until Friday’s reversal. Rather than focus on the nominal gains I want to turn our attention to Gold’s performance against other markets and asset classes. It … Continue reading

Precious Metals have had an interesting week. Both Silver and the gold stocks rebounded off their 50-day moving averages only to do a 180 the following day. Meanwhile Gold has given back most of its January gains. In this missive we consider the near term outlook for Gold and the gold stocks. In the chart … Continue reading

The current trendy reason for the mainstream to dislike Gold is strength in the US Dollar. On the surface it makes quite a bit of sense. Gold is priced in dollars. Dollar strength automatically pressures the Gold price. However, this popular view reveals a total lack of introspection. Since the end of 2013 Gold is … Continue reading

Gold priced in foreign currencies and Gold vs. the S&P 500 are two charts we should be following….

This essay is based on the Premium Update posted on December 1st, 2010….

This week we have sent out several messages to our Subscribers regarding the current market situation. Now, the markets have calmed down for the weekend………

Here is the ‘Wrap Up’ segment from the 15 page NFTRH86, which went in depth on a range of relevant issues currently facing financial markets: Currency Euro hype to the upside was expressed for years by touts who had presented a picture that it was just the big, bad USA alone that had major problems. … Continue reading

Here is an NFTRH chart that was used to support a bullish stance in gold vs. all the paper garbage many weeks ago when there still seemed to be some doubt as to whether the monetary metal was going to assert itself sooner rather than later. Gold in Aussie, Canada and Yen are joining the … Continue reading