157 replies to this topic

[dharma]

we are in chinese new years buying, so there is a good bid . i also think the inauguration of trump is gold bullish. and mays plan
for brexit is also gold bullish. events are lining up. in addition, rate hikes are gold bullish especially from a deflationary 0
interest rate policy. i want proof dharma! ok breaking into the next higher price cycle 1229 is the start. we have some symmetry
by completing this price cycle. the big event in my mind is having money velocity come out of this deflationary tail spin and turn
positive. this will be the start of inflationary expectations.
during the 11-15 period miners got lean, cut expenses and focused on core business. they are better able today, to withstand lower
prices. and as a result are more profitable . this is not lost on the banksters http://www.scrapregi...ities-this-year
the miners have alot of catching up to do. i have 2 explorers on my bucket list. i bought back what i sold for a push. i am feeling this week could be very bullish
dharma

[Smithy]

When does Senor get back from his travels so I can sell my longs?

[dougie]

inflationary expectations will keep pressure on the $USd wont it?

Also, if tax cuts come through those should add fuel to the fire and keep the Fed in raising mood.

 

Now , can USD and Gold rise together? Seems to me it can happen.

But i would not yet right off a gold sell off after this rally based on some reality creeping in that all is not roses.

[dharma]

keep in mind january is one of the best months for gold http://seasonalchart...ssics_gold.html
i would think it has something to do w/chinese new years buying
dharma

[senorBS]

When does Senor get back from his travels so I can sell my longs?

late Jan/earlyFeb, still on West Coast but now in Palm Springs down from Oregon. Friggin goin to rain everywhere later this week, oh well is awesome today

 

NO BS

 

Senor

[goldfungus]

 

When does Senor get back from his travels so I can sell my longs?

late Jan/earlyFeb, still on West Coast but now in Palm Springs down from Oregon. Friggin goin to rain everywhere later this week, oh well is awesome today

 

NO BS

 

Senor

 

SoCal is awesome. That's why I live here. 

[senorBS]

 

 

When does Senor get back from his travels so I can sell my longs?

late Jan/earlyFeb, still on West Coast but now in Palm Springs down from Oregon. Friggin goin to rain everywhere later this week, oh well is awesome today

 

NO BS

 

Senor

 

SoCal is awesome. That's why I live here. 

 

meh, grew up in SoCal, would not want to live here anymore but lots do so to each their own. Great gold/miner action continues, got gold?

 

Senor

[goldfungus]

 

 

 

When does Senor get back from his travels so I can sell my longs?

late Jan/earlyFeb, still on West Coast but now in Palm Springs down from Oregon. Friggin goin to rain everywhere later this week, oh well is awesome today

 

NO BS

 

Senor

 

SoCal is awesome. That's why I live here. 

 

meh, grew up in SoCal, would not want to live here anymore but lots do so to each their own. Great gold/miner action continues, got gold?

 

Senor

 

OK. I grew up in the 'Great Northwest.' Too much rain and darkness for this hombre. But we definitely agree on gold. Loooooooong way to go.

[dharma]

modis plan seems to have snags. http://economictimes...ow/56639655.cms
gold buying in india is not dead, neither is the hindu religion.
gold buying in china also continues
we are approaching a top in this 1st leg. but so far the market remains fairly firm. there is now an inverse h&s pattern on the
charts will it make 2 rt shoulders? how it plays out?
dharma

Edited by dharma, 18 January 2017 - 10:43 AM.

[dharma]

so far the rally has been met w/skepticism by the bulls and the bears. which sets up interesting possibilities
here is avi gilberts latest counts. https://www.elliottw...1701151469.html
this could set up a situation where folks chase.
like to hear senors take on these counts. if he is around
dharma