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bottoming action for the start of a big rally


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#461 Russ

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Posted 21 September 2018 - 02:18 PM

hadik starts at the 9;30 mark  https://www.howestre...k-in-money-148/

currency wars lead to shooting wars is the  sequence @ this point

seems to me senor  is the only person leaning long at this point. 

of course the commercials(sharks ) are leaning long gold/silver. this is very rare occurrence 

i do think we see 5of C  and all of this action is still w/in wave 4 

i did some light buying. and i will scale in on weakness should it occur

we are approaching the equinox 25 options and expiration and 26 fed day

china exports much more to the usa , then the usa exports to china. so a tit for tat w/tariffs china will lose. 

the big fish in the game is a weaker us dollar , should trump and his team take that route. i dont know how many 

folks will catch the low. if any. will be interesting to see

dharma

ps the xau started in 79 @ 100  so 40 yrs later the xau is 65  this after 40 yrs of monetary mismanagement and inflation. 

seems to me the gold miners are severely undervalued.   

Dharma,  I got the information on Hadik from your own post, just listen to his interview, he said the main cycle is calling for a low into "Sept plus or minus a month", and some of the other cycles extend out into Nov., he said and he talked about a test of the Jan 2016 major low. He then said anywhere from sept to nov time frame would be the low. Xau never did reach his ideal low area which can be seen in the attached chart in gold lines. Time index 13:00  It is not easy predicting the future. ;)


Edited by Russ, 21 September 2018 - 02:19 PM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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



http://marketvisions.blogspot.com/

#462 Russ

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Posted 21 September 2018 - 02:27 PM

Gold stocks breaking support....


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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



http://marketvisions.blogspot.com/

#463 dharma

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Posted 21 September 2018 - 02:40 PM

senor the commercials remain long gold/silver and lopsided short the dollar

cots http://news.goldseek.../1537558058.php

the large specs are short gold /silver and big long the dollar

folks these are very bullish and rare cots.  this is seen maybe once a decade if that

so , while the downmove has been severe and impressive  it is on borrowed time

dharma

russ that interview was awhile ago that broadcast has been updated. i posted it today


Edited by dharma, 21 September 2018 - 02:42 PM.


#464 Russ

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Posted 21 September 2018 - 02:42 PM

Platinum having problems now... 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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



http://marketvisions.blogspot.com/

#465 Russ

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Posted 21 September 2018 - 03:36 PM

weekly long wicks on top aren't very bullish are they, nonetheless it did close above the first downtrend line. 


Edited by Russ, 21 September 2018 - 03:39 PM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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



http://marketvisions.blogspot.com/

#466 Russ

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Posted 24 September 2018 - 12:15 AM

senor the commercials remain long gold/silver and lopsided short the dollar

cots http://news.goldseek.../1537558058.php

the large specs are short gold /silver and big long the dollar

folks these are very bullish and rare cots.  this is seen maybe once a decade if that

so , while the downmove has been severe and impressive  it is on borrowed time

dharma

russ that interview was awhile ago that broadcast has been updated. i posted it today

thanks Dharma, so Hadik has changed his view pretty fast, since the interview was from mid sept. well I have a jewel for you here, I just listened to a video on youtube by Jim WIllie and Martin Armstrong who's words seem to have been turned into a computer voice towards the end.  There tends to be an inverse relationship between gold and silver prices vs. housing prices, housing prices appear to be topping out now, so the housing/gold ratio should fall far, according to martin armstrong housing should be sold now and gold bought with the aim of the ratio getting down to 100 or so. It looks like the housing index will bottom in 2022. I looked at the housing index with my oscillator (I actually predicted the low in the housing index on the main board of this site in early 2007 for a low in spring 2009, I still have the old chart on my blog) , you can see the 2009 low signal on the current chart i am posting here and you can see the new signal for the housing index to form another big low in about april 2022, I think as interest rates rise, it is going to kill the economy and through all the debt balance sheets out, so housing is going to crash again... here we go again, another financial crisis is coming and this time as armstrong says all or most of the asset classes are pumped up high... 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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



http://marketvisions.blogspot.com/

#467 Russ

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Posted 24 September 2018 - 12:16 AM

video link above is blocking my chart so here it is, housing index should bottom in spring 2022  


Edited by Russ, 24 September 2018 - 12:21 AM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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



http://marketvisions.blogspot.com/

#468 Russ

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Posted 24 September 2018 - 01:23 PM

TBone's dollar chart is interesting and it agrees with my work for a low in mid 2020 for the dollar index, but he sees more low further out too.... 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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



http://marketvisions.blogspot.com/

#469 dharma

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Posted 25 September 2018 - 11:52 AM

options expiration today

tomorrow the fed

market in hold mode

gann guy on platinum

http://www.ganngloba...83f75043d3955e6

dharma



#470 Smithy

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Posted 26 September 2018 - 07:29 AM

dharma, what's the date of the lowest recent gold  DSI and value?

Thanks...