Member
Posted 14 July 2016 - 06:25 AM
GF, how about my experience.
Got married to my wife on 01/21/1980 the exact day of the high near $850
Separated in January 2000 just before the birth of the currentGold Bull.
If I ever get married again or die, I will let you know, it may be a turning pont.
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
Member
Posted 14 July 2016 - 10:08 AM
yes, tria keep us posted on that one.!
now there are hourly divergences in gld, gdx , gdxj
w/intermarket divergences gld making new lows slv not
lets see if these divergences hold
dharma
Member
Posted 14 July 2016 - 01:30 PM
so far so good. miners firmer than gold also
this piece by david stockman is well worth the read
http://davidstockman...power-grab-yet/
dharma
divergences in tact so far
Member
Posted 14 July 2016 - 01:49 PM
GF, how about my experience.
Got married to my wife on 01/21/1980 the exact day of the high near $850
Separated in January 2000 just before the birth of the currentGold Bull.
If I ever get married again or die, I will let you know, it may be a turning pont.
Please do! My B-day is easy to remember: Opening ceremonies for the Olympics. Be forewarned! LOL
Member
Posted 15 July 2016 - 10:30 AM
very little posting on the board! no ebullience
I thought it was interesting that Japanese firm Tanaka Holdings is buying Swiss precious metals refiner Metalor Technologies. It would appear that at least someone in Japan thinks that maybe
my work shows 1375 resistance, which we hit. now 1325 is the death zone for this decline and support.
i am looking for the market to gain footing and work higher
the dollar /yen came into support and the dollar is rallying. stocks are rallying . is it time for risk off?!
i dont think so? but the market has the last word!
dharma
Member
Posted 15 July 2016 - 11:06 AM
dharma
"i am looking for the market to gain footing and work higher"
That's the same thing I am looking for. I do believe we have another run higher. So I am in watchful waiting. No new buying yesterday or yet today.
Member
Posted 15 July 2016 - 11:17 AM
yes, i have explored the idea this morning, but nothing that i like is being beaten up , so i sit
but while sitting contemplate this chart
https://scontent.fsn...4ff&oe=57F6E94A
dharma
Member
Posted 15 July 2016 - 02:49 PM
commercials covered some shorts. i suspect w/wed/fri being down they covered more shorts
than the cot which is as of tuesday
http://news.goldseek.../1468611118.php
dharma
dont show a top in place . i think we are going higher
dharma
Member
Posted 16 July 2016 - 05:30 PM
while the shorts and the missed opportunities folks are high fiving
lets see what this week brings
andrew magurie
http://kingworldnews...aguire-7-16-16/
while 1375 is good resistance . i dont think the move is over ...............yet
dharma
Member
Posted 18 July 2016 - 09:24 AM
gold is in a falling wedge pattern, if it holds, we should see higher prices, i am thinking 1440s is calling
i have and will continue to use the 70s fractal as my model, it will have deviations for sure, but overall i expect the backdrop to be the same. =stagflation.
"It is time for Hong Kong to revive its golden days as an international gold trading centre." - Haywood Cheung, July 18, 2016.
Haywood is the permanent honorary president of the Chinese Gold and Silver Exchange Society, and he notes, "We have seen an increasing number of gold traders from Switzerland, Australia and South Africa move to Hong Kong. Some are moving their Asian headquarters from Singapore to Hong Kong."
so far india has mostly been absent from buying , it is usually late august they appear for diwali and farmers buying from the proceeds of the monsoon and harvest. . so far it is just the banksters selling. although i am expecting higher prices i am on high alert.
dharma
