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#21 dharma

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Posted 03 June 2015 - 10:12 AM

starting in europe http://ca.reuters.co...N0OD14Z20150528
ag sent this letter to the cftc http://www.firstmaje...df/3259_001.pdf
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#22 dharma

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Posted 04 June 2015 - 10:20 AM

well chairman of ag letter to cftc is greeted w/another slam, it is the pattern before the jobs report
coming out of the report , gold usually rallies
still in the seasonal weak time of year.
waiting and waiting
all the while the mountain of debt grows
this out of ecb http://americasmarke...on-qe-timeline/
the shift to bull will come.
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#23 dharma

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Posted 05 June 2015 - 10:33 AM

*IMF CUTS U.S. 2015 GROWTH FORECAST TO 2.5% FROM 3.1%
*FED SHOULD WAIT FOR TANGIBLE SIGNS OF WAGE, PRICE GAINS: IMF
*DOLLAR `MODERATELY OVERVALUED,' CURBING U.S. GROWTH, JOBS: IMF
*IMF URGES FED TO DELAY FIRST RATE INCREASE UNTIL 1H 2016
the fed is supposed to be independent of politics. and here comes the imf dictating to the fed
http://gracelandupda...5jun5china1.png
on the 11th sun/mars conjunct its a war like conjunction. there are more important ones in august = just a heads up
gold testing lower boundaries of tr. oversold. it would nt surprise to see the banksters have lowered their short positions
not in this weeks cot.
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#24 dharma

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Posted 05 June 2015 - 02:53 PM

commercials added to their dollar shorts
http://news.goldseek.../1433532611.php

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#25 dharma

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Posted 08 June 2015 - 10:43 AM

the gold oscillators are oversold on a daily chart
this is also the seasonal weak time of year http://seasonalchart...ssics_gold.html keep in mind this a smoothed chart
there is always talk of in a bull the dow/gold ratio trades @1:1 this ratio chart presents an interesting picture.
http://gracelandupda...015jun8dow2.png
gold was oversold on this chart for quite some time and now it is in a rally mode
another look vs indu http://gracelandupda...015jun8dow1.png
the gold bull has not begun yet, but the turn does not appear to be far off
i have been looking for the june/july period for the bottom and turn. it seems to me everyone is looking for one
more shot down. few actually catch the bottom. there are some configurations in the heavens that indicate a turn is near
starting on the 11th of june. of course the influence doesnt have to be immediate.
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#26 dharma

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Posted 09 June 2015 - 10:03 AM

this is the feds velocity of money chart http://www.graceland.../2015jun9m2.png note that it is lower now than in the 70s recession. if it went back far enough , it would be lower than the great depression. 0 interest rates are not profitable for bankers to lend, and not motivating for consumers to spend. janet will do something, she will be forced to
also, the surprise is the europens have extended greeces loan payments. kick that can to march 16 no surprise there
this is the season for gold to make lows. @ least that is what the seasonal chart shows. i will begin a light buying program. in the june /july time frame. w/the intent on holding.
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#27 dharma

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Posted 09 June 2015 - 10:26 AM

to me the long term silver chart looks like a cup and handle dharma

#28 jabat

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Posted 09 June 2015 - 11:07 AM

Saxo Bank
https://www.tradingf...on-gold-5098315

Dharam- please keep up the good work. Always read your input.

#29 dharma

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Posted 10 June 2015 - 10:09 AM

thanks jabat
it seems to me almost everyone continues to have the one more low scenario . yesterday i got a new hadik, who is looking for the final low in june /july. the economic structure in the world is so tenuous and there are so many hot spots. and now isis has been created, i doubt the situation continues in a sideways scenario for very long. in addition crude oil appears to have bottomed and seems to be developing potential for a new leg up. but , the whole almost 4yr bear in gold has been a drawn out affair. if we continue to see china, india, dubai, and russia building out infrastructure to support the jewelry end of the biz and put on new physical exchanges then that will be the life blood of the gold bull. its certainly not going to come from the west. try talking to intelligent people about gold.
yes i agree w/marty the dollars up phase may not have run its course. however there are times when both rise together
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the gann guy http://www.ganngloba...cd8901e138f6743

#30 dougie

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Posted 10 June 2015 - 01:33 PM

sure looks like we are impulsing down off the may highs hee in a nice 5 wave structure but 5 Of WHAT?