239 replies to this topic

[stubaby]

I have an initial small position at $36.99 (12-16) - will add on breakout of wedge:

http://stockcharts.c...592913&r=46.png

http://stockcharts.c...49782&r=543.png

http://stockcharts.c...2002&r=8572.png

http://stockcharts.c...529784&r=20.png

My initial foray in early November was stopped-out at breakeven after the move-up.


stubaby

[dharma]

hathaway
http://kingworldnews...s_for_Gold.html

embry
http://kingworldnews...ern_Buying.html
dharma

[dharma]

too early to come to conclusions, but it is looking good. dharma bearishness so thick , you can cut it w/a knife

[dharma]

i read this piece again, i think that it is really profound
http://kingworldnews...om_in_Gold.html
dharma

[gismeu]

i read this piece again, i think that it is really profound
http://kingworldnews...om_in_Gold.html
dharma

Thanks dharma,

gis

[dougie]

bought some physical and miners early today probably means we have a lot lower to go

[johngeorge]

bought some physical and miners early today
probably means we have a lot lower to go

[stubaby]

bought some physical and miners early today
probably means we have a lot lower to go

[dharma]

its hard enough to trade. its all just a thought anyway, why promote negative thoughts? it just makes it tougher i have said , every nickel will be earned in this gold bull. james sinclair , was instrumental in my ending my bond clipper days and becoming a trader. he has a daily column that is well worth your time. www.jsmineset.com. i dont know or didnt read many of the other prominent gold market analysts of today, and i dont know their history. but i do know sinclairs history as a gold trader. he was in the thick of it in the last bull market and he is here today -reading him will help give you perspective. gold analysts were tripping over themselves to say they are long term bullish , but bearish in the short term. now , if this was the low, what do they do??!! wealth will be made by owing the gold , putting on a forecaster hat will make you nothing. my question remains the same. when england, canada etal were selling their gold who was the buyer? we never heard who he/she was! now cbs are buying the gold. who is the seller?? he who controls the gold makes the rules. yesterday, looked , felt, and acted like a bottom. i dont want to jump the gun and say the down move is over. and the evidence from my perspective is that it is over. silver made an exact double bottom. gold took out the 1535 low. and the mining indexes barely took out their oct lows. being in this sector is a major battle. and it aint over.! dharma soros- i have followed soros for decades. he talks out of both sides of his mouth. be careful if you think you have him pegged

[dougie]

yes that Soros is a sly one Gold Bubble Seen by Soros on Brink of Bear Market Dec. 29 (Bloomberg) -- Gold is poised to complete its 11th consecutive annual gain, the longest winning streak in at least nine decades, on the brink of a bear market. George Soros, the billionaire who two years ago called it the “ultimate asset bubble,” cut 99 percent of his holdings in the first quarter, Securities and Exchange Commission data show. Betty Liu reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)