Good for a 3% move in DUST and JDST so far.
bottoming process continues
#441
Posted 22 February 2019 - 03:11 PM
#442
Posted 22 February 2019 - 03:15 PM
while the gold dsi got to 90(its now75 ) palladium got to 97
india and pakistan saber rattling
gold talking about a takeover of nem
i have turns the first few days of march. seems to me the market got a little frothy,the bears sold and now the bugs are ready to run
of course i dont know anything,, seasonal charts indicate we are close to a time for a top . its not how i will play this we could be starting
a larger up wave. plg is breaking out of the pennant. for now i am not subtracting positions. i feel we could be on the precipice of a larger up move
i see some money flows in stocks i follow as being under accumulation. but everyone has to be able to sleep at night
hopefully gdx gives a weekly close above 23
dharma
#443
Posted 24 February 2019 - 03:59 PM
dharma
GDX did close just a squeek above 23. Palladium appears to be staring a big move up. I would enjoy that as I own PLG and SPPP.
Thanks so much for all your informative post. Much appreciated.
johngeorge
#444
Posted 24 February 2019 - 06:18 PM
#445
Posted 25 February 2019 - 01:13 PM
looking for more consolidation this week . 1355 high so far.
russ is this what he has been saying all along?
“Gold has been rallying right along with the U.S. stock market. This is what I said all along. Eventually, towards the end, they have to align. Why? Because at that stage of the game, it’s us against government. So, tangible assets rise.”
https://www.zerohedg...lid=IwAR0Zwdnlg
gold working off the 90 dsi all things considered market is firm silver did not make a new high while gold did.silver not in leadership role yet.
looking for turns next week
dharma
#446
Posted 25 February 2019 - 02:46 PM
Have to laugh at GOLD, WTF are they thinkin making a below market offer (all stock as well) for NEM which had excellent earnings and got IMO a steal with their GG buy, is GOLD desperate? or does their ex GS exec think he can somehow pull this off?
Senor
Edited by senorBS, 25 February 2019 - 02:46 PM.
#447
Posted 25 February 2019 - 04:12 PM
Have to laugh at GOLD, WTF are they thinkin making a below market offer (all stock as well) for NEM which had excellent earnings and got IMO a steal with their GG buy, is GOLD desperate? or does their ex GS exec think he can somehow pull this off?
Senor
no matter what happens its an indication that the sector is undervalued.jim sinclair had said of the future that barrick would be the consolidator in the space.now paas is the 800 lb gorilla in silver. is the feeding frenzy about to start. ???? when does adding 1 trillion in new debt per year become problematic. @2%interest rates when does it become problematic to sell bonds????? just asking. when does china start holding fewer dollars. russia has sold its dollar holdings and put it in gold? awfully quiet on gold boards.
dharma
#448
Posted 25 February 2019 - 10:45 PM
5-3 -5 unfolding here. or is it in fact impulsive?
#449
Posted 26 February 2019 - 12:57 PM
To clarify, this is micro-wiggles, i.e., the past couple of days. Today is the b.
i think we are seeing a 5-3-5 zig zag unfold. my guess is we get two of them. time wise that looks best
well whatdya know about that
#450
Posted 26 February 2019 - 01:09 PM
paas coming into buy range?