3 replies to this topic

[tomterrific14]

Is its weakness versus the basket of currencies that make up the dollar index as represented by UDN, Powershares DB US Dollar Index Bearish Fund (ETF):

http://stockcharts.c....html?s=GLD:UDN

Same goes for Silver:

http://stockcharts.c....html?s=SLV:UDN

Both ratio charts are acting weaker than Gold and Silver in the US Dollar.

http://stockcharts.c...lery.html?s=gld

http://stockcharts.c...lery.html?s=SLV

Of postive note is that sentiment among speculators as reflected in the COT's is the most bearish in 12 years.

http://news.goldseek.../1370620837.php Contrary Gold Futures.

[senorBS]

Is its weakness versus the basket of currencies that make up the dollar index as represented by UDN, Powershares DB US Dollar Index Bearish Fund (ETF):

http://stockcharts.c....html?s=GLD:UDN

Same goes for Silver:

http://stockcharts.c....html?s=SLV:UDN

Both ratio charts are acting weaker than Gold and Silver in the US Dollar.

http://stockcharts.c...lery.html?s=gld

http://stockcharts.c...lery.html?s=SLV

Of postive note is that sentiment among speculators as reflected in the COT's is the most bearish in 12 years.

http://news.goldseek.../1370620837.php Contrary Gold Futures.

IMO the "problem" is you are over analyzing this, as Fib said a while back "spike tops and long drawn out bottoms" - I agree

BSing away

Senor

[klono]

Senor, mui years ago the XAU was in a major decline following a substatial rise. Semi had predicted much lower levels. You called a bottom and began buying. From that point, precious metals and the miners enjoyed a meteoric rise. I also remember Silver being below $5 per ounce and loco predictions of silver reaching $18 per ounce. Do you think we are close enough to a bottom here to start buying selected mining companies? k

[SemiBizz]

Don't fight the trend...

It's going to 64 based on this monthly chart, but be prepared, it will overrun.

I wouldn't be in any rush to buy these pigs.

There are so many guys buried in them, it will take a long, long time to work off the overhead pressure.

There ain't gonna be no V-Bottom.

Edited by SemiBizz, 28 June 2013 - 08:01 AM.