Miners are starting to look tasty
Started by
Chilidawgz
, Oct 30 2014 08:46 PM
22 replies to this topic
#1
Chilidawgz
-
- Traders-Talk User
- 5,626 posts
A fool and his money... (the second mousie gets the cheese)
Posted 30 October 2014 - 08:46 PM
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#3
dougie
-
- Traders-Talk User
- 9,064 posts
Member
#4
stubaby
-
- Traders-Talk User
- 1,661 posts
Member
Posted 31 October 2014 - 12:54 PM
wil look much more tasty at 86
repost:
http://scharts.co/1EsoXs1
Or that "round-trip" at $35 That couldn't happen - could it?
stubaby
#5
Russ
-
- Traders-Talk User
- 7,199 posts
Member
Posted 31 October 2014 - 01:03 PM
guess not
Interesting that Platinum has not taken out its Oct. 6 low. Gdx and gld are showing divergences in money flow which could give at least some relief rally...
http://stockcharts.c...14778389737.png
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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/
"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/
#6
Russ
-
- Traders-Talk User
- 7,199 posts
Member
Posted 31 October 2014 - 01:15 PM
Copper has also not taken out its previous low.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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/
"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/
#7
dharma
-
- Traders-Talk User
- 9,621 posts
Member
Posted 31 October 2014 - 01:52 PM
when stuff gets into the cost of production zone.@ some point miners will be forced to shutter unprofitable mines. they are not doing this for fun. they are trying to make $$$ . its only a matter of time. watching the long tentacles of the vampire squid. last time they took india out of the game. what else could they do. i read today that the donations being sent to promote gold holdings by the swiss cb , are being frozen by the swiss cb/ so i am not optimistic for a fair and square vote
this could take some time to sort out
dharma
#8
gannman
-
- Traders-Talk User
- 6,948 posts
Member
Posted 31 October 2014 - 03:47 PM
i dont see any divergences yet. ill be patient here fwiw
feeling mellow with the yellow metal
#9
Russ
-
- Traders-Talk User
- 7,199 posts
Member
Posted 31 October 2014 - 03:52 PM
wil look much more tasty at 86
repost:
http://scharts.co/1EsoXs1
Or that "round-trip" at $35 That couldn't happen - could it?
stubaby
That would mean gold going back down to its 1999 low, very unlikely, 900 area is probable.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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/
"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/
#10
dougie
-
- Traders-Talk User
- 9,064 posts
Member
Posted 01 November 2014 - 08:32 PM
of course it could happen, but the likelihood if it is in iverse proportion to the very fact that you are suggesting it might.
miners to gold are at all time lows here.
miners to gold are at all time lows here.
wil look much more tasty at 86
repost:
http://scharts.co/1EsoXs1
Or that "round-trip" at $35 That couldn't happen - could it?
stubaby
