For the last 2 days our internet has been down which really makes you appreciate this miracle invention. We’ve had intermittent problems through the years that no one has been able to figure out until today. The phone company finally came...
By Rambus - September 23, 2020
The trading range on the HUI and other PM stock indexes continues its job of confusing both the bulls and bears alike. I’ve always said that trading an impulse move is much easier than trading during a consolidation phase. During a strong...
I’ve been posting exclusively for the last 2 months on the PM complex as I know that is most of our members main focus. Since the PM complex is now in consolidation mode I would like to take this time to show you the other bull market that...
During the bull market years between 2000 and 2011 the US dollar and currencies played a key role in the PM complex bull market. Tonight I would like to go back and visit some of these old charts and see how they pertain to our current...
Before we look at today’s charts I would like to go over some challenges that we’ll face as the current impulse move in the PM complex continues to move higher. It’s not every day that you will find yourself getting in close to the bottom...
There are as many ways to play the PM sector as there are investors. Some will only buy the big cap PM stocks for safety. Others will only buy the mid cap producers. Some will only buy a mix of big caps and mid cap producers.
Today I would like to show you some very long-term charts for the PM complex I used to look at the big picture and big reversal patterns. I like to use the quarterly line chart as it takes out much of the noise a quarterly bar chart can...
Back at the 2008 crash low in the HUI there was a reversal pattern, that is pretty rare, which helped confirm that very important low. If you ever wondered what the 2007 – 2008 top looked like and the decline that followed to the 2008...
There are just a handful of events in one’s lifetime that are truly history making in their magnitude. For instance the 1918 Spanish Flu pandemic, the 1929 stock market crash, Pearl Harbor, the 1987 stock market crash and 911 to name a few...
Over the last few weeks or so I’ve been writing a lot on the critical inflection point the PM complex was showing us. Today’s price action is an important step in confirming the potential bullish outcome. There is still more work to be...