andrew maguire. i found this piece informative
http://kingworldnews...-get-destroyed/
dharma
possible ending diagonal
Started by
dharma
, Jul 18 2015 11:12 AM
143 replies to this topic
#13
dharma
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Posted 27 July 2015 - 09:34 AM
august gold expires tomorrow
yellen yells tomorrow
india is getting richer and this guy buys a very large swiss refinery
http://gracelandupda...5jul27val12.png
900tons a year
"Zhu Zhigang, vice president of Guangdong Gold Council believes that the current price of gold has nearly bottomed out, then if the US Federal Reserve to raise interest rates, gold prices will certainly rebound. Therefore, now it is the preferred physical gold buying in batches opportunity." - Ming Pao news, July 27, 2015,
saturday venus (finances )went retrograde and sunday uranus went retrograde
i think stocks were going up now will be going down. gold which was going down will be reversing
by the way the 17th , 24th and 31 st were all signigicant dates for hadik on gold . he may have called the market perfectly=again. in time we will know
it will be interesting to see how the gold market reacts to the call for higher rates. rising rates in the last bull were supportive to gold price.
dharma
yellen yells tomorrow
india is getting richer and this guy buys a very large swiss refinery
http://gracelandupda...5jul27val12.png
900tons a year
"Zhu Zhigang, vice president of Guangdong Gold Council believes that the current price of gold has nearly bottomed out, then if the US Federal Reserve to raise interest rates, gold prices will certainly rebound. Therefore, now it is the preferred physical gold buying in batches opportunity." - Ming Pao news, July 27, 2015,
saturday venus (finances )went retrograde and sunday uranus went retrograde
i think stocks were going up now will be going down. gold which was going down will be reversing
by the way the 17th , 24th and 31 st were all signigicant dates for hadik on gold . he may have called the market perfectly=again. in time we will know
it will be interesting to see how the gold market reacts to the call for higher rates. rising rates in the last bull were supportive to gold price.
dharma
#14
goldfungus
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Posted 27 July 2015 - 10:22 AM
august gold expires tomorrow
yellen yells tomorrow
india is getting richer and this guy buys a very large swiss refinery
http://gracelandupda...5jul27val12.png
900tons a year
"Zhu Zhigang, vice president of Guangdong Gold Council believes that the current price of gold has nearly bottomed out, then if the US Federal Reserve to raise interest rates, gold prices will certainly rebound. Therefore, now it is the preferred physical gold buying in batches opportunity." - Ming Pao news, July 27, 2015,
saturday venus (finances )went retrograde and sunday uranus went retrograde
i think stocks were going up now will be going down. gold which was going down will be reversing
by the way the 17th , 24th and 31 st were all signigicant dates for hadik on gold . he may have called the market perfectly=again. in time we will know
it will be interesting to see how the gold market reacts to the call for higher rates. rising rates in the last bull were supportive to gold price.
dharma
Nope. Gold has to go down!
#15
dharma
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Posted 28 July 2015 - 10:07 AM
nothing has been revealed @this point . today is options expiration and the fed is today/tomorrow.
the guy Raj Mehta that bought the 900 tons a year swiss refinery is also expanding his stores from 82 to 450
he is also talking about taking stakes in some australian miners. the love trade is developing and taking shape
in the usa for example maybe 1% of investors have taken stakes in gold. it is the far east that will lead the
bull market
but right now all eyes are on the fed. every word will be scrutinized look for a quiet session until the announcement
tomorrow.
dharma
#16
tria
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Posted 29 July 2015 - 12:23 AM
"Trying to understand the idea that rising rates are an automatic negative for gold. Not finding it."
So says Jason Goepfert @ https://twitter.com/sentimentrader
A big 5,052 number of end of June GLD 105 puts are due to expire on 7/31.
IMO, not much downside till Friday and not much upside either, since there are many 106.50 @ 107 calls outstanding.
-tria
So says Jason Goepfert @ https://twitter.com/sentimentrader
A big 5,052 number of end of June GLD 105 puts are due to expire on 7/31.
IMO, not much downside till Friday and not much upside either, since there are many 106.50 @ 107 calls outstanding.
-tria
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
#17
dharma
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Posted 29 July 2015 - 09:25 AM
yes, interest rate rising cycles are bullish for gold. if one does an overlay of a rising rate cycle over the price of gold it is apparent. the rest is just opinion
sentiment
HGNSI was unchanged yesterday at -30%
MarketVane’ Bullish Consensus was unchanged at 29% today
DSI was unchanged at 13%.
"Given our industry size, the industry should be able to derive its own price for gold in India and we should be in a position to dictate price to the world. It is a cause for concern...." - IBJA secretary S. Mehta, July 28, 2015. http://gracelandupdates.com/.../20...5jul29i1.pngthe
the cot is the most constructive that i have seen.
@the top the banksters were saying price is going higher.
hadik said it was going lower
now the banksters are saying price is going lower
hadik is saying price bottomed
the banksters are buying
dharma
forget about what folks are saying , watch what they do -in the case of the commercials their actions speak , their words corral the masses
sentiment
HGNSI was unchanged yesterday at -30%
MarketVane’ Bullish Consensus was unchanged at 29% today
DSI was unchanged at 13%.
"Given our industry size, the industry should be able to derive its own price for gold in India and we should be in a position to dictate price to the world. It is a cause for concern...." - IBJA secretary S. Mehta, July 28, 2015. http://gracelandupdates.com/.../20...5jul29i1.pngthe
the cot is the most constructive that i have seen.
@the top the banksters were saying price is going higher.
hadik said it was going lower
now the banksters are saying price is going lower
hadik is saying price bottomed
the banksters are buying
dharma
forget about what folks are saying , watch what they do -in the case of the commercials their actions speak , their words corral the masses
Edited by dharma, 29 July 2015 - 09:27 AM.
#18
dharma
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#19
dharma
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Posted 29 July 2015 - 05:31 PM
so far the bulls have proved nothing
they have not been able to take out resistance
the proof of burden is on the bulls
dharma
#20
dharma
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Posted 30 July 2015 - 10:38 AM
listening to hadik now http://financialsurv...rick-predicted/
this could be a 2 or it could be a new leg down?!
not clear . so on the fence i sit
it is clear the commercials are working towards getting long
which reminds me of the 70s when they also did so
cautious , but hopeful.
1033 is a big horizontal area of support.
seeing infrastructure build out in india , which is 1 or2 in the world for accumulation
next i want to see the dollar lose some lustre
sure looks , in the 4 stage model, that 3topping in the broad market is ongoing and we are in the weak time of year
coming into crash season-august-oct
dharma
this could be a 2 or it could be a new leg down?!
not clear . so on the fence i sit
it is clear the commercials are working towards getting long
which reminds me of the 70s when they also did so
cautious , but hopeful.
1033 is a big horizontal area of support.
seeing infrastructure build out in india , which is 1 or2 in the world for accumulation
next i want to see the dollar lose some lustre
sure looks , in the 4 stage model, that 3topping in the broad market is ongoing and we are in the weak time of year
coming into crash season-august-oct
dharma
