bottoming?
#41
Posted 12 September 2014 - 01:39 PM
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#42
Posted 12 September 2014 - 03:06 PM
gold cot getting more in line
http://news.goldseek.../1410550376.php
dharma
#43
Posted 12 September 2014 - 04:38 PM
miners hanging in there the divergence continues
gold cot getting more in line
http://news.goldseek.../1410550376.php
dharma
Dharma,
The commercials are only 37% bullish vs. 68% for large specs and 52% small specs, the commercials are usually right so until they get over 50% bullish this is not so good is it?
Are you in disagreement with Marty that gold will go down to the 1000 area next year?
R
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#44
Posted 12 September 2014 - 05:17 PM
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#45
Posted 12 September 2014 - 06:29 PM
If Gold's correct outcome is behind door #3 then I think the wave pattern could be as follows: from the June 2013 low gold then completed wave E (July high at 1345) of a large contracting triangle and now we might be thrusting down below 1180 for a final low, we see.
Yes - this is what I've thought for a long time, and the same for Silver and the XAU. HUI isn't as pretty a picture, but still can be a sideways correction from the 2013 low, then more downside to come (possibly coming soon?)
If so, should be some very interesting places to be looking to get long in the not-too-distant future.
#46
Posted 13 September 2014 - 07:50 AM
The link above has a report written last May by Gabriella Mittelman, the report predicts that the EURO would bottom on Oct. 10, 2014 based on the position of Mars, the chart for the Euro is showing it bottomed on Oct. 9 , so its possible it will hold and go up from here the chart looks like a capitulation, Gold has come down with the Euro and Yen. Also of note is that Merriman predicted a Euro peak around July 2nd.
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#47
Posted 13 September 2014 - 10:42 AM
http://www.merrimanm...dependent.shtml
The link above has a report written last May by Gabriella Mittelman, the report predicts that the EURO would bottom on Oct. 10, 2014 based on the position of Mars, the chart for the Euro is showing it bottomed on Oct. 9 , so its possible it will hold and go up from here the chart looks like a capitulation, Gold has come down with the Euro and Yen. Also of note is that Merriman predicted a Euro peak around July 2nd.
It's September 10, 2014. He wrote in European style, day-month-year, 10-09-2014. I have been accumulating miners the past few days, and believe euro has hit a short term bottom. Thanks.
#48
Posted 13 September 2014 - 10:45 AM
http://www.merrimanm...dependent.shtml
The link above has a report written last May by Gabriella Mittelman, the report predicts that the EURO would bottom on Oct. 10, 2014 based on the position of Mars, the chart for the Euro is showing it bottomed on Oct. 9 , so its possible it will hold and go up from here the chart looks like a capitulation, Gold has come down with the Euro and Yen. Also of note is that Merriman predicted a Euro peak around July 2nd.
It's September 10, 2014. He wrote in European style, day-month-year, 10-09-2014. I have been accumulating miners the past few days, and believe euro has hit a short term bottom. Thanks.
Yes its September , thanks for the correction, I just typed it wrong I knew it was sept. The yen has hit what looks like major multi year support too.
Edited by Russ, 13 September 2014 - 10:51 AM.
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#49
Posted 13 September 2014 - 12:02 PM
As I mentioned on Dharma's post, one of Merriman's students posted an article on the Mars relationship to the Euro and the Dollar last May in which it was predicted that the Euro would go down into September 10, it looks like the Euro so far hit bottom on the 9th of September.
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#50
Posted 14 September 2014 - 02:51 PM