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bottoming process continues


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#231 dharma

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Posted 03 January 2019 - 11:16 AM

cdnx starting to wake up

there is talk ,again, of modi lowering the gold tariff.  we shall see. india remains one or two in terms of largest gold buyers in the world. 

if we bottomed or not @ some point the gold bull will rise up. 

thanks for that dines piece , russ. he has been around forever. sentiment was in the gutter. ie levels that have produced bottoms

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#232 dougie

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Posted 03 January 2019 - 12:05 PM

Anyone like agi?

#233 mark_goal

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Posted 03 January 2019 - 12:36 PM

jnug double digits now...  time to climb aboard or patience grasshopper?



#234 dougie

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Posted 03 January 2019 - 02:21 PM

GDX broke back into channel

#235 johngeorge

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Posted 03 January 2019 - 03:41 PM

dharma

 

"jnug double digits now...  time to climb aboard or patience grasshopper?"

 

I taught a starter position a couple weeks back.  Bob Hoye says small caps to lead the bull charge.  I guess we will see.  Pull back soon?  Dunno.  Maybe best to wait, 

 

 


Peace
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#236 dharma

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Posted 03 January 2019 - 05:11 PM

w/silver and gold overbought and the round # looming , i would think there is a consolidation

i would think the small caps really begin to ascend later in the advance.  its a very small cap sector 

so when money enters , it pushes the price higher.  there is alot of value in the miners. , all the froth has been squeezed out

but if you venture into the explorer space you have to do your homework.    one needs to find ones that wont be coming to the 

market soon, hat in hand wantingeg funds, which dilutes shares. , eg one of my favs is chpgf, not investment advice !!!!! but i am using it as an 

example the ceo sits on the board of gg. his mo , and i have followed him before.  is to do the pea and all the preliminary work, not spend any more money

and wait for buyers to come. in other words he is not a developer , which takes big money ,  but to wait  for someone to offer him  a good price.  their mine is one of the largest strikes in the world , it is considered low grade.   so owning this , they will not come to market for money. no dilution(famous words)  any way 

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#237 AK2

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Posted 03 January 2019 - 05:18 PM

below 1175 in two months



#238 AChartist

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Posted 03 January 2019 - 06:51 PM

cycle chart in the meat of an accelerated peak for a few weeks yet, could be pullback with a couple cycles in between or

 

after. doesnt bode well for the stock market if strong for a few weeks yet.


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

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


#239 Russ

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Posted 03 January 2019 - 10:50 PM

GDX broke back into channel

???   GDX is breaking out of it's huge wedge... 


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#240 K Wave

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Posted 04 January 2019 - 11:03 AM

After building huge wedgie, looks like PL finally joining party today.....