Member
Posted 13 January 2019 - 10:22 PM
semi had an interesting article on french banks. over on fearless forecasters
that scenario would put a charge into gld looking at the xlf here does not look bullish to me fwiw
which is bullish for gld are we about to have a banking crisis and didnt russ say armstrong was expecting
a crisis end of january. a lot of stuff buzzing around out there.
Member
Posted 13 January 2019 - 11:53 PM
Well if the problem is French Banks then would that not be bullish for the US dollar and bearish the Euro which would mean more asset deflation in USA including gold ?
Member
Posted 14 January 2019 - 02:58 AM
As of now spot gold trading @ 1202. Dollar basis March futures now trading down .026 @ 95.225.
Member
Posted 14 January 2019 - 09:16 AM
NEM merging with GG to create biggest gold miner, owned amodest GG position coming into today, NEM down 7% at this time, owned no NEM coming into today, starting to scale into as position below 32.50 pre-market, as always DYODD
Senor
Member
Posted 14 January 2019 - 11:05 AM
NEM merging with GG to create biggest gold miner, owned amodest GG position coming into today, NEM down 7% at this time, owned no NEM coming into today, starting to scale into as position below 32.50 pre-market, as always DYODD
Senor
added another tranche below 32.10 as I build a position here, as always DYODD
Senor
Member
Posted 14 January 2019 - 11:11 AM
NEM merging with GG to create biggest gold miner, owned amodest GG position coming into today, NEM down 7% at this time, owned no NEM coming into today, starting to scale into as position below 32.50 pre-market, as always DYODD
Senor
gg was beaten to the gutter, i wondered why, well now i know https://www.cnbc.com...stock-deal.html
this will create a giant in the sector. the price for gg is 11/46 @ some point that price will be reached. this is now the 800lb gorilla in the space
the bull era began w/abx taking over gold. look for more acquisitions as the price of gold rises. still too early to be certain that the bull is back, but it is looking very encouraging . i look for the bottom to be put in this week. working the 1290ish area.
dharma
Edited by dharma, 14 January 2019 - 11:19 AM.
Member
Posted 14 January 2019 - 11:30 AM
NEM merging with GG to create biggest gold miner, owned amodest GG position coming into today, NEM down 7% at this time, owned no NEM coming into today, starting to scale into as position below 32.50 pre-market, as always DYODD
Senor
gg was beaten to the gutter, i wondered why, well now i know https://www.cnbc.com...stock-deal.html
this will create a giant in the sector. the price for gg is 11/46 @ some point that price will be reached. this is now the 800lb gorilla in the space
the bull era began w/abx taking over gold. look for more acquisitions as the price of gold rises. still too early to be certain that the bull is back, but it is looking very encouraging . i look for the bottom to be put in this week. working the 1290ish area.
dharma
agree, maybe I am dead wrong but I view this as a Bueno opp for buying NEM which also had a Dec 19, 2018 "spike" bottom at 32, todays low so far 31.94, we see
Senor
Edited by senorBS, 14 January 2019 - 11:31 AM.
Member
Posted 14 January 2019 - 11:32 AM
As of now spot gold trading @ 1202. Dollar basis March futures now trading down .026 @ 95.225.
ummm, might check your numbers there JG before you give me any more heart attacks
Member
Posted 14 January 2019 - 11:34 AM
did Chesepeake bottom?
Member
Posted 14 January 2019 - 12:42 PM
did Chesepeake bottom?
wrong thread?
