285 replies to this topic

[tria]

dharma, Have you listened to Tom McClellan's interview about the ECB's leasing of Gold ? -tria

[rooster]

dharma,

Have you listened to Tom McClellan's interview about the ECB's leasing of Gold ?

-tria

Do you have a link for the interview?

[dharma]

tria i think this is what you are referring to .
mclelland
http://www.mcoscillator.com/
i posted this issue , i think on the previous page from another writer
dharma

[tria]

tria i think this is what you are referring to .
mclelland
http://www.mcoscillator.com/
i posted this issue , i think on the previous page from another writer
dharma

Yes this is it.
I was thinking that since the CB's do not own Silver I might have to like it more than Gold in the near future.

tria

[dharma]

not much support. gold gliding lower. 1603 coming into play. below 1603 ,1513 comes into play dharma

[stubaby]

dharma:

Feels like Wave 3 of C here:

http://stockcharts.com/c-sc/sc?s=$GOLD&p=D&yr=0&mn=5&dy=0&i=p69637676040&a=250836454&r=9053.png

1,624 is a logical ST bottom - with Waves 4 and 5 to finish off Wave c of C. Wave 5 will be the "crap-shoot" as to whether or not it too (like Wave 3) extends. Let's hope not - Nice symmetry though.

stubaby

[stubaby]

dharma:

Feels like Wave 3 of C here:

http://stockcharts.com/c-sc/sc?s=$GOLD&p=D&yr=0&mn=5&dy=0&i=p69637676040&a=250836454&r=9053.png

1,624 is a logical ST bottom - with Waves 4 and 5 to finish off Wave c of C. Wave 5 will be the "crap-shoot" as to whether or not it too (like Wave 3) extends. Let's hope not - Nice symmetry though.

stubaby

Still in Wave 3 of C - next stop dharma's 1,603!

[dharma]

• The HGNSI collapsed 13.4 points to 0.3% yesterday . . . this indicator has been nearly flawless for picking lows in the Gold price since the 2008 lows whenever it has been near or below the “0” mark. And MarketVane’s Bullish Consensus rose 2 points from yesterday’s “suicide watch” level to an extremely depressed 68%.
w/gold leasing rates so low, selling gold is the name of the game. i agree w/stubaby. this has more to run. this will set up a great buying opportunity. i suspect we could get into the 1400s for gold and 24ish for silver.
if the ecb and fed sit idly by, its down the rabbit hole. they will be pressed like they were in 08 if they dont respond. the big deflation will have its sway
from what i see kyle bass is one of the smartest guys out there, and if you have an extra 5million you can invest w/him . if not

this is over an hour long. i cant remember if i posted this or not, and i dont have the time to go back and review
dharma

[dharma]

here is the hulbert piece
http://www.marketwat...owel-2011-12-14

i have an astro turn on friday!
we shall see
dharma

[dougie]

how far might it extend Stu?

dharma:

Feels like Wave 3 of C here:

http://stockcharts.com/c-sc/sc?s=$GOLD&p=D&yr=0&mn=5&dy=0&i=p69637676040&a=250836454&r=9053.png

1,624 is a logical ST bottom - with Waves 4 and 5 to finish off Wave c of C. Wave 5 will be the "crap-shoot" as to whether or not it too (like Wave 3) extends. Let's hope not - Nice symmetry though.

stubaby