Member
Posted 20 March 2019 - 10:58 AM
no posts on the board for days
everyone waiting on the fed..
http://www.usagold.c...ld-bar-imports/
https://www.bloomber...arm-cash-payout
i am looking for a positive out
com for gold as a result of this meeting
we shall see
dharma
note oi has increased so shorts are circling the bull wagons
Member
Posted 20 March 2019 - 10:11 PM
As of now gold moving somewhat higher and dollar moving higher.
Member
Posted 20 March 2019 - 11:01 PM
the fed had 3-4 rate hikes this year no down to 0 crude higher, copper higher, the dollar lower, pms higher, treasury yields lower. stocks hit 90 dsi monday the fat lady is stepping in to sing.this may begin slowly but the pieces of the puzzle are coming together. it will gain momentum over time. but it has begun
dharma
of course i want to see confirmation every step of the way
day by day.
Member
Posted 20 March 2019 - 11:38 PM
Thank you dharma for the thread. 
Know that your comments are always given the welcome mat by me. 
Member
Posted 21 March 2019 - 10:37 AM
as the captain suggests we may see a C wave back to1280http://www.321gold.c.../gold_daily.png
lots of divergences in the broad market. the momo price chasers will continue for a while longer. when the investors start to sell its game over. the fed said in may qt will resume.
gatta have patience and not chase or do something stupid
dharma
Member
Posted 21 March 2019 - 10:58 AM
as the captain suggests we may see a C wave back to1280http://www.321gold.c.../gold_daily.png
lots of divergences in the broad market. the momo price chasers will continue for a while longer. when the investors start to sell its game over. the fed said in may qt will resume.
gatta have patience and not chase or do something stupid
dharma
Thanks dharma - Yep - agree - looking for C wave down for PM complex (still a chance we are still in B and is becoming complex)
Member
Posted 22 March 2019 - 01:01 AM
well then now that we are all on the same page....yikes
Member
Posted 22 March 2019 - 10:13 AM
Not all of us. I've got my money on a C wave already done.
Member
Posted 22 March 2019 - 10:44 AM
ok theni, by C i mean a retest back to 1280 it doesnt have to happen,but considering that seasonally we entering a weak time of year. i am suggesting its a viable possibility
for me the response to the fed suggests that the markets are at a tipping point. the dollar eg 30 days ago was making new highs,now it is making new lows.this is a very unusual set of circumstances the spy made new highs while dia did not. bonds have started up =interest rates are coming down
i believe this leg up to 1350 is a resumption of a bull market in gold .to prove that the market has to takeout the brick wall @1380.
dougie i am investigating the cryptos i want to see if i have an affinity w/them then i will study then take a position
at present ilook at plg(platinum) and see that it was well over 100 and now its 2. platinum historically trades above gold .now its 2/3 the price of gold. i think the market is saying we are still in deflation mode. once the qt ends the next significant move will be qe and lowering rates.gold likes both of those and somewhere in that change of approach investor will find silver and platinum my average cost of plg is 1.53 i will add as it starts taking out significant resistance.
dharma
