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gold in a pennant (Part 3)


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#21 dharma

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Posted 04 May 2010 - 01:32 PM

MGH taking quite a beating today Dharma
Thompson has the psychology down seemingly

besides stating the obvious,
your point is?
thanks
dharma

#22 dougie

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Posted 04 May 2010 - 05:38 PM

wondering if this horse has legs in it and so a buy here or have we IT topped early?

#23 dharma

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Posted 05 May 2010 - 09:47 AM

xau/hui hourly divergences from oversold -i use wilder 9bar rsi and have been for 30 years looking for a bottom the 6-10th. and an assault on new forever highs dharma do your own dd, investing in juniors is treacherous Fire River Gold Announces 3.7 Opt (128 G/T) Gold Over 16.7 Ft (5.1 M), Nixon Fork Gold Mine, Alaska * 3.7 opt (128 g/t) gold over 16.7 ft (5.1 m) in hole N07U048 o including 6.7 opt (231 g/t) gold over 1.6 ft (0.5 m) o including 7.7 opt (264 g/t) gold over 4.9 ft (1.5 m) * 2.2 opt (77 g/t) gold over 4.6 ft (1.4 m) in hole N07U047 * Results pending for 76 additional underground holes * Results pending for 7 additional surface holes i bought some, looks promising

Edited by dharma, 05 May 2010 - 09:50 AM.


#24 dharma

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Posted 06 May 2010 - 09:01 AM

well here we are testing 1183 again, shortly i expect this # will be left in the rear view mirror. there is still plenty of time in this upcycle for the gold market to get into a run. and there is enough fundamental stuff for some to hang their hats on. next resistance is 1198, which is the round # and will be stiff. i am expecting new forever highs dharma i know alot of folks are bullish on silver. i have a small position there. and i cant bring myself to buy more. silver has not made a high for 2years. and has yet to display its use as a monetary metal. i do hold some silver stocks though and that is the extant of my participation there.

Edited by dharma, 06 May 2010 - 09:02 AM.


#25 dharma

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Posted 06 May 2010 - 10:36 AM

out here talking to myself
jim rogers weighs in on the financial crises
http://economictimes...how/5895803.cms
dharma

#26 Ken

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Posted 06 May 2010 - 10:53 AM

out here talking to myself


Don't worry dharma. There are plenty of readers who appreciate your input including me.

I just wanted to add that Raymond Merriman in his latest SOS Global Stock Markets report (May 5, 2010) also believes that as long as the XAU doesn't close below 168.5 that precious metal equities have a good chance of retesting the highs of April 30th or go even higher in the next 2 to 4 weeks. So far so good. The precious metal equities are making a big move today.

Ken

#27 dharma

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Posted 06 May 2010 - 11:22 AM

out here talking to myself


Don't worry dharma. There are plenty of readers who appreciate your input including me.

I just wanted to add that Raymond Merriman in his latest SOS Global Stock Markets report (May 5, 2010) also believes that as long as the XAU doesn't close below 168.5 that precious metal equities have a good chance of retesting the highs of April 30th or go even higher in the next 2 to 4 weeks. So far so good. The precious metal equities are making a big move today.

Ken

thanks ken
its why i post
dharma