Saturday, June 6, 2009

NFTRH36 out now

After a recap of the situations in stock markets, commodities and the all important US dollar (which has been playing to our script for months now) and US Treasuries, NFTRH36 gets into the gold sector as promised, with 10 charts, including the HUI in three different time frames, all pointing to a convergence of bullish levels, now that the sector is pulling back as expected. This helps greatly in identifying buy points on the 7 daily gold stock charts included this week. More will no doubt be added as we go forward. But I wanted to start the process with some of my favorites so that readers are prepared ahead of time.

Everything revolves around the dollar and long term US Treasury bonds. The gold stocks are the play, pending the correction that may have commenced this week.

Have a good weekend.