MBA Survey: Share of Mortgage Loans in Forbearance Remains at 0.22% in April
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From the MBA: Share of Mortgage Loans in Forbearance Remains at 0.22% in
April
he Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey
reve...
2021-10-06
Rumors of a Gold Turn
Some comments: I have seen some good evidence to suggest gold mining stocks are are bottoming. Below are some charts of the larger miners. I am shopping for call options, already added AEM and mostly KGC. Looking for a quick pop right now. EQX has an inverse H&S. GDX reminds me of the UUP chart, but offset by about six months. UUP bottomed in January 2021. I do expect the dollar and gold will rise together in another panic event, and if expectations have shifted, investors should frontrun the central banks by adding miners earlier than before in any broad stock market downturn. RGLD has a topping pattern, but in a bull market that could fail. Lawrence Lepard posted the technical chart below that shows gold miners reaching what has been a good buy point in prior years.
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