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bottoming process continues


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#681 dougie

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Posted 19 April 2019 - 01:33 AM

 

i sense panic here in the miners gold is doing nothing
this will come to an end shortly
dharma
hgnsi=-4%

dharma - Using $XAU  I have us nearing the end of Wave 3 of C of 2, FWIW

 

http://schrts.co/smRSczMF

 

Wave 4 bounce and then Wave 5 down to complete Wave 2

 

should correspond with $HUI/GLD hitting the bottom rail (maybe end of next week)

 

http://schrts.co/prrKnmDE

http://schrts.co/XMMtNJIZ

 

 

Close to "back-up the truck" time!

 

stu

 

gotta say you have been NAILIN IT. here is to you



#682 Smithy

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Posted 19 April 2019 - 09:18 AM

Hey Dharma, got a daily gold DSI for us? 



#683 senorBS

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Posted 19 April 2019 - 10:49 AM

i sense panic here in the miners gold is doing nothing
this will come to an end shortly
dharma
hgnsi=-4%

Silver/SLV IMO acting like the low is in place or at worst on more 15-25 cent 4-5 down from Wednesdays close, looks to me like a miner washout nearer the end of a move. Technicals on silver looking very good IMO, oversold with divergences and it appears GSR likely topped on that last drive up a week or so ago to a new multi-decade high above the previous high by.02 centavos. Lots of washouts to new post 2016 rally lows on Friday in HL/CDE/FSM and a few others

 

Senor



#684 senorBS

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Posted 19 April 2019 - 10:52 AM

 

i sense panic here in the miners gold is doing nothing
this will come to an end shortly
dharma
hgnsi=-4%

dharma - Using $XAU  I have us nearing the end of Wave 3 of C of 2, FWIW

 

http://schrts.co/smRSczMF

 

Wave 4 bounce and then Wave 5 down to complete Wave 2

 

should correspond with $HUI/GLD hitting the bottom rail (maybe end of next week)

 

http://schrts.co/prrKnmDE

http://schrts.co/XMMtNJIZ

 

 

Close to "back-up the truck" time!

 

stu

 

very possible Stu, alternate would be first decline was an abc and not 5 for A, x up and this instead is a second abc your count would suggest a low soon  for 4 of C and then 5. either way probably close to a near term low and then the big Q is whether we get the final 5 or its already done.

 

Senor



#685 dharma

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Posted 19 April 2019 - 11:40 AM

i sense panic here in the miners gold is doing nothing
this will come to an end shortly
dharma
hgnsi=-4%

dharma - Using $XAU  I have us nearing the end of Wave 3 of C of 2, FWIW
 
http://schrts.co/smRSczMF
 
Wave 4 bounce and then Wave 5 down to complete Wave 2
 
should correspond with $HUI/GLD hitting the bottom rail (maybe end of next week)
 
http://schrts.co/prrKnmDE
http://schrts.co/XMMtNJIZ
 
 
Close to "back-up the truck" time!
 
stu

entirely possible count. and senors alternative is also possible. i am looking at the window of may3-6 as another viable ppossiblilty
all the while dedollarization is taking place world wide.at an accelerating rate the debt grows daily. deutsche banks derivative book
can upset the apple cartall by itself. i just cant see how not being in the sector is not prudent. and you have a guy like ray dalio,
astute market historian and tactician calling for inflation w/in 18 months . the noise has to be avoided.
hgnsi=-4
dsi46 not sure i understand the discrepancy here
happy holidays to all
i remember at one point when i was talking w/sinclair daily,he said the banksters got everyone out and they went long the sector.
smells something like that now. my nose is twitching
dharma

#686 stubaby

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Posted 19 April 2019 - 11:52 AM

 

 

i sense panic here in the miners gold is doing nothing
this will come to an end shortly
dharma
hgnsi=-4%

dharma - Using $XAU  I have us nearing the end of Wave 3 of C of 2, FWIW

 

http://schrts.co/smRSczMF

 

Wave 4 bounce and then Wave 5 down to complete Wave 2

 

should correspond with $HUI/GLD hitting the bottom rail (maybe end of next week)

 

http://schrts.co/prrKnmDE

http://schrts.co/XMMtNJIZ

 

 

Close to "back-up the truck" time!

 

stu

 

very possible Stu, alternate would be first decline was an abc and not 5 for A, x up and this instead is a second abc your count would suggest a low soon  for 4 of C and then 5. either way probably close to a near term low and then the big Q is whether we get the final 5 or its already done.

 

Senor

 

If this upcoming bounce conforms to typical wave 4 - then we continue down for 5 - if its another b of a second abc sequence as you suggest - it should be noticeably stronger than the 4, IMHO.  



#687 dharma

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Posted 19 April 2019 - 12:11 PM

rickards https://www.kitco.co...show=Kitco-News
dharma

#688 dougie

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Posted 19 April 2019 - 04:20 PM

 

 

 

i sense panic here in the miners gold is doing nothing
this will come to an end shortly
dharma
hgnsi=-4%

dharma - Using $XAU  I have us nearing the end of Wave 3 of C of 2, FWIW

 

http://schrts.co/smRSczMF

 

Wave 4 bounce and then Wave 5 down to complete Wave 2

 

should correspond with $HUI/GLD hitting the bottom rail (maybe end of next week)

 

http://schrts.co/prrKnmDE

http://schrts.co/XMMtNJIZ

 

 

Close to "back-up the truck" time!

 

stu

 

very possible Stu, alternate would be first decline was an abc and not 5 for A, x up and this instead is a second abc your count would suggest a low soon  for 4 of C and then 5. either way probably close to a near term low and then the big Q is whether we get the final 5 or its already done.

 

Senor

 

If this upcoming bounce conforms to typical wave 4 - then we continue down for 5 - if its another b of a second abc sequence as you suggest - it should be noticeably stronger than the 4, IMHO.  

 

Stu: what is your BEARSIH alt for $XUA?



#689 stubaby

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Posted 20 April 2019 - 08:10 AM

 

 

 

 

i sense panic here in the miners gold is doing nothing
this will come to an end shortly
dharma
hgnsi=-4%

dharma - Using $XAU  I have us nearing the end of Wave 3 of C of 2, FWIW

 

http://schrts.co/smRSczMF

 

Wave 4 bounce and then Wave 5 down to complete Wave 2

 

should correspond with $HUI/GLD hitting the bottom rail (maybe end of next week)

 

http://schrts.co/prrKnmDE

http://schrts.co/XMMtNJIZ

 

 

Close to "back-up the truck" time!

 

stu

 

very possible Stu, alternate would be first decline was an abc and not 5 for A, x up and this instead is a second abc your count would suggest a low soon  for 4 of C and then 5. either way probably close to a near term low and then the big Q is whether we get the final 5 or its already done.

 

Senor

 

If this upcoming bounce conforms to typical wave 4 - then we continue down for 5 - if its another b of a second abc sequence as you suggest - it should be noticeably stronger than the 4, IMHO.  

 

Stu: what is your BEARSIH alt for $XUA?

 

Same as before - that we are still in C of ABC down off of 2016 highs - probably 4 of C finished and beginning 5 of C, FWIW - it is low probability IMHO



#690 senorBS

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Posted 20 April 2019 - 08:44 AM

 

 

 

i sense panic here in the miners gold is doing nothing
this will come to an end shortly
dharma
hgnsi=-4%

dharma - Using $XAU  I have us nearing the end of Wave 3 of C of 2, FWIW

 

http://schrts.co/smRSczMF

 

Wave 4 bounce and then Wave 5 down to complete Wave 2

 

should correspond with $HUI/GLD hitting the bottom rail (maybe end of next week)

 

http://schrts.co/prrKnmDE

http://schrts.co/XMMtNJIZ

 

 

Close to "back-up the truck" time!

 

stu

 

very possible Stu, alternate would be first decline was an abc and not 5 for A, x up and this instead is a second abc your count would suggest a low soon  for 4 of C and then 5. either way probably close to a near term low and then the big Q is whether we get the final 5 or its already done.

 

Senor

 

If this upcoming bounce conforms to typical wave 4 - then we continue down for 5 - if its another b of a second abc sequence as you suggest - it should be noticeably stronger than the 4, IMHO.