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seasonal weak time of the year


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#1 dharma

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Posted 04 June 2013 - 10:04 AM

here is a seasonal chart of gold http://www.seasonalc...ssics_gold.html
we have had a weak april and the sentiment is still off the charts bearish.
yet the gold shares have led on rally days. lets see how this seasonal weakness
plays out.
all the talk of the fed tapering off qe is just talk. the japanese experiment w/qe
has gone array. the nikkei has gotten battered . maybe the big japanese exporters
dont benefit from a weak yen?
dont know if new lows are in the cards or not. watching to see how this period plays out
dharma

#2 dougie

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Posted 04 June 2013 - 11:45 AM

the one time boost to the exporters of japan is irrelevant compared ot the pervasive persistent negative effects of a weak yen on the japanese consumer no nation ever became wealthy destroying its currency

#3 dharma

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Posted 04 June 2013 - 02:31 PM

the one time boost to the exporters of japan is irrelevant compared ot the pervasive persistent negative effects of a weak yen on the japanese consumer
no nation ever became wealthy destroying its currency

now, if we know that, how come the central bankers dont know that????????????????
dharma

#4 Russ

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Posted 05 June 2013 - 06:22 AM

They never learn, they talked the dollar down in 1987 which caused foreigners to exit producing the crash of 87.



the one time boost to the exporters of japan is irrelevant compared ot the pervasive persistent negative effects of a weak yen on the japanese consumer
no nation ever became wealthy destroying its currency

now, if we know that, how come the central bankers dont know that????????????????
dharma


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#5 tria

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Posted 05 June 2013 - 07:51 AM

All I am waiting for is to see what kind of strehgth we get out of this 25-week cycle low ideally bottomimg next week, if it has not already bottomed a bit earlier.

Last one failed miserably only after a few weeks of subpar strength. It was extremely left hand translated. COT and OI look much better this time.

http://stockcharts.c...p...7&cmd=print

-tria

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#6 dharma

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Posted 05 June 2013 - 09:25 AM

that big W bottom on the gold chart still has not been triggered. no time limit . but it obviously would be a big + for the bullish case cots continue to improve sentiment is still @ extremes. waiting for price to determine direction. dharma

#7 Russ

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Posted 05 June 2013 - 03:23 PM

All I am waiting for is to see what kind of strehgth we get out of this 25-week cycle low ideally bottomimg next week, if it has not already bottomed a bit earlier.
-tria


Maybe a triple bottom coming soon?

http://stockcharts.com/c-sc/sc?s=$GOLD&p=D&yr=1&mn=0&dy=0&i=p68614594105&r=1370463595141.gif
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"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#8 senorBS

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Posted 05 June 2013 - 04:56 PM

nice to see miner's holding steady on a day when Dow is down over 200 and gold and silver do nada. You amigos noticing the copper and industrial metal strength recently? My guess is it is in part due to dollar weakness, interesting times BSing away Senor

#9 dharma

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Posted 06 June 2013 - 10:24 AM

so far the right side of the W is very weak, but of course that could change into seasonal weakness we go, and so far the miners remain the strong link. dharma

#10 senorBS

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Posted 06 June 2013 - 11:24 AM

dollar is cratering again today, I like Dow down and gold, silver and miner's norte! and CRB is also on highs for session, correlations changing? BSing away Senor

Edited by senorBS, 06 June 2013 - 11:25 AM.