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GOLD BREAKOUT 8/25/17 CHART COURTESY OF FIB_1618


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#1 johngeorge

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Posted 04 September 2017 - 09:54 AM

Thank you Fib  flowers.gif

 

LINK


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johngeorge

#2 johngeorge

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Posted 04 September 2017 - 12:38 PM

Gold and Silver Market Updates Sept 3, 2017 Courtesy of Clive Maund


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#3 AChartist

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Posted 04 September 2017 - 08:38 PM

standard gold pieces are now more expensive than my worst higest early buy of certified pieces.

 

there seems to be more premium. not sure if the phys or the stocks are best but my original thesis

 

of the phys worked better than stocks. I understand the supply is getting thin, maybe premiums up. Dealers have said for a long time large

 

moneyed orders could not be filled.

 

It should be the lowpoint turning up in 20-21 weeks that I load up more stocks like 2x etf calls, not quite now as we may have a drop in the next

 

week from this. If there is a drop in two weeks could try something like NUGT for 8 weeks out expiry, end of Oct. I will take some more small

 

speculative stabs when I talk about calls it is only the amount of mad money. But I think the 20 week low is worth the retirement trade size bet.

 

I also can say that my early idea starting 8 years ago of buying top line jewelry worked this stuff is almost twice to replace now and new stuff

 

is made thinner and cheaper. To be seen if they have a resale value or not like on ebay but when the jewerly store runs comes it should work, not that's

 

the point just dont want it to lose value, want an offline mobile store of value.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#4 AChartist

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Posted 04 September 2017 - 10:05 PM

$gold above 1458 is cleaner air in volume by price monthly.

1526.7 overlaps a potential wave 1 low.

what can be accomplished in this move before the historic wave after 20 weeks?


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#5 fib_1618

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Posted 05 September 2017 - 02:34 PM

Thank you Fib  flowers.gif

 

LINK

 

No...thank YOU for the cross post!

 

It would appear that the early August tradable bottom in gold came in on time on August 7th...though the internals continue to disagree.

 

But for now, the trend is your friend until proven otherwise.

 

Fib


Better to ignore me than abhor me.

Wise men don't need advice. Fools won't take it. - Benjamin Franklin

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