5 replies to this topic

[tria]

FWIW I took a nice $18 and quick (in 2 days) profit on my short Gold trading position but I am not buying trading longs yet. -tria

[senorBS]

both gold and silver had what looks to be abc declines into overnight lows and impulsive looking rallies off those lows, looks near term bullish for another push to new rally highs IMO BSing away Senor

Edited by senorBS, 26 June 2014 - 08:53 AM.

[dharma]

not so sure the correction has completed. very soon more signs of inflation will show up. i am getting exposure to more commodities. platinum is going to be in obvious short supply. and if the boom everyone is talking about shows up , more cars will sell. cats are made from platinum dharma india seems serious about making a major push for solar energy= silver is the conductor there

[senorBS]

not so sure the correction has completed. very soon more signs of inflation will show up.
i am getting exposure to more commodities. platinum is going to be in obvious short supply.
and if the boom everyone is talking about shows up , more cars will sell. cats are made from platinum
dharma
india seems serious about making a major push for solar energy= silver is the conductor there

I am confident a short term correction has completed, GDX fell to a new low by 3 cents (25.44) and has now rallied in a short term 5 waves to 25.77, we only deal in probabilities but I like the case a rally to new highs is mow underway, we see

Senor

[dharma]

not so sure the correction has completed. very soon more signs of inflation will show up.
i am getting exposure to more commodities. platinum is going to be in obvious short supply.
and if the boom everyone is talking about shows up , more cars will sell. cats are made from platinum
dharma
india seems serious about making a major push for solar energy= silver is the conductor there

I am confident a short term correction has completed, GDX fell to a new low by 3 cents (25.44) and has now rallied in a short term 5 waves to 25.77, we only deal in probabilities but I like the case a rally to new highs is mow underway, we see

Senor

dont get me wrong, fridays have been unkind to gold. mercury goes direct on monday. somehow geopolitics have not found their way to the news. china has sent some rigs to what was the philippines. being long gold is the way to go. i am nibbling
dharma

[tria]

not so sure the correction has completed. very soon more signs of inflation will show up.
i am getting exposure to more commodities. platinum is going to be in obvious short supply.
and if the boom everyone is talking about shows up , more cars will sell. cats are made from platinum
dharma
india seems serious about making a major push for solar energy= silver is the conductor there

I am confident a short term correction has completed, GDX fell to a new low by 3 cents (25.44) and has now rallied in a short term 5 waves to 25.77, we only deal in probabilities but I like the case a rally to new highs is mow underway, we see

Senor

dont get me wrong, fridays have been unkind to gold. mercury goes direct on monday. somehow geopolitics have not found their way to the news. china has sent some rigs to what was the philippines. being long gold is the way to go. i am nibbling
dharma

I am also a bit cautious since recently the days around Dragi's BS talk have been unkind to longs.
July 3rd is the date.

-tria