177 replies to this topic

[johngeorge]

building a base.
couple of closes above 1375 and the market tips its hand.

dharma

Perhaps we see the first of those today: Spot Gold Gold Futures

I am sure Hawaii beats the heck out of -11 back home.

Best to you.

[stubaby]

3-month T-Bill crashing again - FED is losing control day by day - looking for a shift "away from the USD" as safehaven during next 'crisis du jour".

http://stockcharts.com/c-sc/sc?s=$IRX&p=D&yr=1&mn=6&dy=0&i=p01795919842&a=183995324&r=686.png

stubaby

[dharma]

maybe we get our 1st close above the 1375 resistance today. when russia invaded afghanistan in 79, the gold market spiked up a notch in volatility, i expect the same thing here. remember, volatility works both ways. i think we are @the precipice of an upside explosion. its why elliott wave is a minor tool in my bag of tricks. although, stubaby consistently gives clear , simple , easy to see good counts. its an art form. price chasers will be hurt. my portfolio has moved to a larger extant to the speculative end. i am not in love w/these positions and as things go parabolic i am using the opportunity to scale back, as i dd yesterday w/aabvf. buy weakness , sell strength. this move should be good for a couple of hundred gold dollars. gold =money. fiat=debt. buckle up dharma

[dharma]

new highs in silver! gold will not be far behind dharma

[dharma]

looks like we will get another close above 1375, 1392 on deck the silver shorts are losing big amounts of money. i wonder what price will cause panic? last time when their backs were to the wall, the exchange, members were also short, changed the rules, one could only sell silver , no buying allowed restrained moves here in gold. today is the full moon, and the harmonics have lots of time. dharma

[dharma]

is everyone silently aboard for the ride? or were most caught looking for 1260. there were some here who correctly called the market and even though they were looking for 1260 they went in and were willing to hold if the market went against them. in bulls, give the market the benefit of the doubt. dharma

[rooster]

is everyone silently aboard for the ride?
or were most caught looking for 1260.
there were some here who correctly called the market and even though they were looking for
1260 they went in and were willing to hold if the market went against them.
in bulls, give the market the benefit of the doubt.
dharma

I'm in! I got in way too early and had to sit through a bit more of the correction than I would have liked. I'm still looking for a good one that hasn't moved much yet. I've found a little extra cash. Any ideas would be welcome.

[stubaby]

Reproduced a chart from Gary at: Biiwii Blogspot

Interesting view of Gold:USD -

http://stockcharts.com/c-sc/sc?s=$GOLD:$USD&p=D&yr=2&mn=6&dy=0&i=p22816148959&a=225295472&r=2271.png

stubaby

[dharma]

Reproduced a chart from Gary at: Biiwii Blogspot

Interesting view of Gold:USD -

http://stockcharts.com/c-sc/sc?s=$GOLD:$USD&p=D&yr=2&mn=6&dy=0&i=p22816148959&a=225295472&r=2271.png

stubaby

wow! that is quite the story
thanks for that one stubaby
dharma

[cgnx]

That IS very pretty Stubaby. TY