678 replies to this topic

[Smithy]

The astrology for tomorrow Tuesday is "hot, fiery, action day".  Gonna be interesting.

Gold curr. $1426.

Edited by Smithy, 24 June 2019 - 08:41 PM.

[tradesurfer]

the way it is looking is that the gold price will blow itself out on the upside eventually... 

 

the gold/silver ratio is saying that after that happens then silver will play catch up relative basis as gold consolidates 

 

so trying to pick a top in the metals might be more about switching asset classes from gold to silver after the first peak

[Smithy]

Well said, TS. I haven't seen any compelling analysis of when the GSR might top out. Now 92.2 and soaring.

[Smithy]

Well Tues as a hot fiery action day was disappointing except for minor gold peak.

 

Platinum looks encouraging today.

[Smithy]

End of quarter review of my motley collection of gold and silver stocks.

No change in makeup for the period, up +11.6% for the quarter and +36% for the year.

[dougie]

nice move off the highs. doubt we retest the BO point that would be too easy and too many waiting for it.

Either we are nearly done with down or this goes deeper than most think

[Smithy]

Sunday night gold at $1390 - looks like gold might be starting an intermediate correction, while stocks head to da moon.

[tradesurfer]

isnt 1366 the magic new support number now.   i agree though, the less and reluctant retest the stronger this market is likely to be.

 

there should be huge buying support near 1366

 

 

nice move off the highs. doubt we retest the BO point that would be too easy and too many waiting for it.

Either we are nearly done with down or this goes deeper than most think

[tradesurfer]

but the commercials have mortaged the farm. the house and their wives to all in short on gold

 

 

https://snalaska.us/...t/charts/GC.png

[hhh]

What's the green scale on the right?: https://snalaska.us/...t/charts/GC.png

 

Edit: I see it now, open interest.

Edited by hhh, 30 June 2019 - 10:16 PM.