"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Sunday, May 13, 2012

NFTRH187 Out Now

Precious metals continue to show little sign of technical improvement, with gold losing the Triangle and the HUI not showing a clear sign of a bottom.

Commodities continue bearish with copper notably at a critical support level and now the broad US market is right on the edge of breaking down.  Meanwhile, Uncle Buck looks bullish.

There is a whole lot of other stuff going on within this situation.  It plays into a theme for the balance of 2012 that would see controlled inflation expectations into the run up to the US presidential election.

NFTRH187 out now.


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