early recogniton

there i said it! implications of monetization can be seen using the weimar model the stock market went up @1st, not because companies kicked butt. but, because stocks are real assets and money printing revalued real assets,against worthless Deutschmarks. so we can take a look @the broads for clues. for a heads up. if the broads do well , silvers industrial side will come to the fore. the conclusion of weimar resulted in ridiculous printing and the stock market crashed. that is how i see silver ending its run-in a very quick , sudden , crash . much like 1980. locked limit down what about the gold silver ratio? ok look @that thing. it has never been a constant. yes silver is found 15x more frequently than gold, and @times the ratio has been 15:1. but its not a constant. in the depression, it was 150:1 , which could be seen again in this episode of fiat. check the ratio out for a century , dont take my word, do some homework if this ratio interests you the real battle in the gold market has not begun yet, above 1800 and assault on the highs will take place. we know that, and so do the big shorts , and that is the maginot line. this is just a skirmish. i have lots of astro stuff this month. i dont think it will be a simple foregone conclusion. lots of twists and turns. but what do we care? the drill is buy weakness, sell strength. i raised some cash and sit ready to deploy . waiting for signs of a bottom on my hourly charts. i essentially do the same thing , over and over and over again. until the parabolic this is my marching orders dharma tria thanks for the encouragement for a new thread! i deliberated

dharma I also took some off the table the last couple days and am in watchful waiting mode. Bought a small position in ZSL this am for some downside protection with a fairly close stop. Looking to buy some physical on weakness. Like some others I am starting to lose confidence in most anything paper. Thanks for all your time and effort you put into these threads. Best to you

dharma, 239 posts to find a bottom? = anxiety at a record? 2+3+9=14 1+4=5 5 is a fibo! -tria

dharma,

239 posts to find a bottom? = anxiety at a record?
2+3+9=14
1+4=5
5 is a fibo!

-tria

ahh its all in the fibs.
interesting action here
gld over sold on the hourlies, i dont see alot more downside w/gold being oversold on the hourlies1st couple of hours produced a fairly big volume bar, but since we have gone lower on lighter volume.
shaking out the weak hands
miners hanging tough, not much down side action
now, there will be several turns and twists this month. monday should be the low or a reversal going into the full moon tuesday. 1803 is where the action lies. this is just a skirmish.
dharma

FWIW I bought back my trading position in Silver near the lows today. Will buy more tomorrow. Buying GDX as well today, hopefully below 55.80- Looking for near a $50 rally in Gold and for a $2.00 in Silver from this week's lows, by the end of the week. -tria

FWIW
I bought back my trading position in Silver near the lows today. Will buy more tomorrow.
Buying GDX as well today, hopefully below 55.80-
Looking for near a $50 rally in Gold and for a $2.00 in Silver from this week's lows, by the end of the week.

-tria

If we break over the median line of that pitchfork, you might be right! And I hope so



http://i931.photobuc.../SLVdailyPF.jpg


gis

gismeu-interesting pitchfork traderama and i have come up w/today as marking a turn. tomorrow is the full moon, so it could come tomorrow. i have some chop this month, but then i see the possibility of gold getting some upside mojo. of course its all a guess on my part, i come up w/dates based on various information, and then the problem comes , trying to put it in a framework. in certain instances, i trade off the information that i have gathered, in others. i just watch. if we are oversold or overbought w/divergences, then i take action, otherwise its just a point of interest for me. i feel the market is setting up here, this downward move is in reaction to the 1764 and 1754 in my work. now , we see if we hold in here, find solid footing and then make another attempt to assault the 1800. dharma

tria, [[[Looking for near a $50 rally in Gold and for a $2.00 in Silver from this week's lows, by the end of the week.]]] Guess that is where the 200 MA for Silver is right now, right? gis

Edited by gismeu, 06 February 2012 - 11:17 AM.

or a top came in a bitearly

The fate of gold rests on this upcoming test of the 1705 "Panic Pivot". We'll see.