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gold stocks acting like crap, gold and silver okay so far and I have somewhat tight stops. Don't akskwhat they are because everyone has to set their own risk parameters.
NO BS
Senor
are we approaching recognition?!
Started by
dharma
, Apr 02 2012 09:37 AM
305 replies to this topic
#22
fluid
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Posted 03 April 2012 - 11:11 AM
I believe the GOLD BULL is emphatically OVER.
Gold stocks are going to get killed by the escalating oil price resulting from the abolition of the SWIFT settlement system.
#23
dougie
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Posted 03 April 2012 - 11:31 AM
i dont smell anything resembling a 3 up here at ALL
#24
senorBS
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Posted 03 April 2012 - 01:06 PM
I exited all longs when gold hit 1659
BSing away
Senor
#25
gismeu
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Posted 03 April 2012 - 01:07 PM
Was there a news that just hit the wires around 2 pm EST???
Thanks, gis
If you can't buy Happiness, STEAL IT!
#26
gismeu
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Posted 03 April 2012 - 01:32 PM
FOMC notes came out earlier than I thought!
gis
If you can't buy Happiness, STEAL IT!
#28
fluid
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Posted 03 April 2012 - 01:36 PM
I think the gold stock and metal BULL is OVER for the next year or so. Lower lows and lower highs. The control lines have now been broken.
#29
dharma
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Posted 03 April 2012 - 02:05 PM
yes, it looks like the lows are not in.
what is interesting to me is the last couple of times burnack has spoken, gold has gotten taken to the woodshed!
dharma
#30
senorBS
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Posted 03 April 2012 - 02:42 PM
yes, it looks like the lows are not in.
what is interesting to me is the last couple of times burnack has spoken, gold has gotten taken to the woodshed!
dharma
I would put nothing past this shakeout, could keep plunging or just as easily reverse on a dime and end up being a very large retracements. I'm not playin for now.
NO BS
Senor
