Notes From the Rabbit Hole
@nftrh.bsky.social
Notes From the Rabbit Hole: Market analysis at http://nftrh.com & premium analysis at http://nftrh.com/nftrh-premium/. Get the macro right. Period. Intelligence, not advice.
Gold is not about price, esp. on any given bloody day. It's about value, everyday. Today that value is being marked down amid "great" America & the greed it is stimulating. SMA 200 has not been tested. 2400 area is open and would be healthy. Disclosure: I am hedged the miners.
November 25, 2024 at 7:16 PM
Gold is not about price, esp. on any given bloody day. It's about value, everyday. Today that value is being marked down amid "great" America & the greed it is stimulating. SMA 200 has not been tested. 2400 area is open and would be healthy. Disclosure: I am hedged the miners.
While GDX, GDXJ and HUI remain well below their 50 day averages, quality miners like AEM & KGC (disclaimer: I own both) and royalties RGLD & WPM (I own both) have at least for the moment taken back their SMA 50s.
November 21, 2024 at 8:51 PM
While GDX, GDXJ and HUI remain well below their 50 day averages, quality miners like AEM & KGC (disclaimer: I own both) and royalties RGLD & WPM (I own both) have at least for the moment taken back their SMA 50s.