i am not trying to call a bottom here. BUT i am noting there are many signs here of a bottom. divergences abound sentiment is
lopsided. the bulls point arrows to below 1k fear is high. here is currie in a hurry http://www.bloomberg...reflation-trade
note he is giving signs to look for. gold will bottom and rally but in bankster time. the large spec longs on the cots are another
clue, which is what currie is pointing to. gld holdings are falling modestly. the spec longs must run for the hills.
when markets trend is where the money is made its times like these where traders get chopped to ribbons . i have not bought all that i have sold. waiting and waiting. very tempting again
of course we dont know if it will be a V or something else W etc
dharma
continental gold has received its environmental permit for burtica this is a very big strike its a very rich deposit. it will be
valued alot higher in a good market. my only question w/this mine is its location. in the next couple of years i suspect
nationalization becomes a theme we shall see
correction over???
Started by
dharma
, Nov 01 2016 10:28 AM
94 replies to this topic
#92
dharma
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Posted 01 December 2016 - 12:06 PM
oh by the way oil fundamentals are improving . opec has made many agreements over the years, it is rare that they stick to
their quota allotments. so, oil is going up inspite of them lets see if they adhere to their new quotas!????
dharma
their quota allotments. so, oil is going up inspite of them lets see if they adhere to their new quotas!????
dharma
#93
dharma
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Posted 01 December 2016 - 02:48 PM
did some buying . i was looking for a reversal day as an indication voila
well dharma it might be the bottom?
yes, it might not be
i am an investor. i am buying back what i sold 1305-1320 range
there is real value in the miners. it might not be golds time yet
but i think there is value out there. i bought cgoof at 1.3 feeling
they would get permitted at some point . i have found another junior
in a similar situation. so, i am taking a flyer on a hunch they too
will get permitted. the caribou herd stands in their way!
dharma
well dharma it might be the bottom?
yes, it might not be
i am an investor. i am buying back what i sold 1305-1320 range
there is real value in the miners. it might not be golds time yet
but i think there is value out there. i bought cgoof at 1.3 feeling
they would get permitted at some point . i have found another junior
in a similar situation. so, i am taking a flyer on a hunch they too
will get permitted. the caribou herd stands in their way!
dharma
#94
goldfungus
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- Traders-Talk User
- 538 posts
Member
Posted 01 December 2016 - 02:54 PM
did some buying . i was looking for a reversal day as an indication voila
well dharma it might be the bottom?
yes, it might not be
i am an investor. i am buying back what i sold 1305-1320 range
there is real value in the miners. it might not be golds time yet
but i think there is value out there. i bought cgoof at 1.3 feeling
they would get permitted at some point . i have found another junior
in a similar situation. so, i am taking a flyer on a hunch they too
will get permitted. the caribou herd stands in their way!
dharma
Is it over? Great minds think alike! LOL Just bought some more myself.
#95
dougie
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Member
Posted 01 December 2016 - 10:48 PM
I dunno
Weak close
Weak close
