Gold popped on Trump’s comments about wanting a weaker dollar as well as a low rate environment going forward: Miners yawned. Especially the junior miners index (GDXJ) that was yet again capped at the “You Shall Not Pass” Trendline: The...
Continue reading » April 12, 2017 admin Gold, Gold & Silver Stocks No Comment Gold futures are currently trading just above the it’s very significant 200 Day Moving Average: As you can see in the graph above, the 200 daily Moving Average has been a very important support/resistance point for gold in the last couple of years....
Continue reading » April 7, 2017 admin Uncategorized No Comment In this post I will present correlation tables for gold and silver along with different mining indices and a few of the most well known “primary” silver mining companies. Correlations for the 5 months leading up to the US election day: Correlations from...
Continue reading » April 6, 2017 admin Gold & Silver Stocks No Comment I believe that there will be some huge moves in the precious metals in the near future since we are nearing the end of some critical wedge patterns in both gold, silver, the silver/gold ration as well as the mining stocks. The direction of the...
Continue reading » March 29, 2017 admin Silver & Guld 1 Comment In a previous post I put up the following chart depicting the recent major divergence between Bitcoin and GDX (gold miner index) and that if recent history is a guide for the future, we should see Bitcoin and GDX converge. So what has happened since then?…...
Continue reading » January 10, 2017 admin Market Flash No Comment GDX (gold producers) is looking quite bullish on the weekly chart for at least a swing higher in the short/medium term: MACD has turned up. Histogram shows correction lost strength. Weekly candle stick hammer (Last seen at the end of the last major bottom). RSI turning...
Continue reading » January 4, 2017 admin Market Flash No Comment Abstrakt: Efter att gruvbolagen med fokus på ädelmetaller haft ett spektakulärt rally de första åtta månaderna på året så har nu flera bolag sett fall på närmare 50% sedan augusti. Sentimentet ser nu ut att vara på depressionsnivå och flera investerare verkar mer och mer tro att...
Continue reading » November 16, 2016 admin Market Flash, Silver & Guld No Comment Abstrakt: En kort titt på hur läget ser ut för ädelmetallerna, dess tillhörande bolag och dollarn. Guld: Guld har brutit upp ur vad som först såg ut som en “bear flag”, vilket är positivt. Just nu stångas guld med motståndet från två tidigare toppar. Det...
Continue reading » November 2, 2016 admin Market Flash No Comment 
