agreed senor we are not that far away from the final low
CAPITULATION IN XAU, NUGT ETC.
Started by
SemiBizz
, Sep 11 2015 08:42 AM
20 replies to this topic
#11
gannman
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Posted 11 September 2015 - 08:32 PM
feeling mellow with the yellow metal
#12
fib_1618
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Posted 12 September 2015 - 02:21 PM
As long as the Federal Reserve continues to tighten monetary policy, the price of gold is going to trend lower.agreed senor we are not that far away from the final low
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
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#13
Chilidawgz
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A fool and his money... (the second mousie gets the cheese)
Posted 12 September 2015 - 03:41 PM
I will probably take a position in GDX next week
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
#14
johngeorge
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Posted 13 September 2015 - 08:12 AM
Thanks Chili for your usual awesome chart work. I too am looking for a trade in here with an eye to the Fed this week.
Best to you. 
Peace
johngeorge
johngeorge
#15
dougie
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Posted 13 September 2015 - 04:13 PM
Chili: I take it you have found the Chapman Wave analysis profitable?
#16
Chilidawgz
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A fool and his money... (the second mousie gets the cheese)
Posted 13 September 2015 - 04:20 PM
Chili: I take it you have found the Chapman Wave analysis profitable?
I used to try it out but I use different methods myself. I found it too variable on shorter time frames. Reminded me of the E wavers reinterpreting every wiggle with a new analysis. What I did find is the longer time frames weekly and especially monthly were more dependable.
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
#17
dougie
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Posted 13 September 2015 - 04:46 PM
Thanks
This would be for more than a short term bounce then?
#18
Chilidawgz
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A fool and his money... (the second mousie gets the cheese)
Posted 13 September 2015 - 05:32 PM
Thanks
This would be for more than a short term bounce then?
It would appear so. Fundamentally if the price of gold, silver, copper and other metals/ore goes much lower mines worldwide will go BK and dissolve. How likely do you think that outcome is. No more raw materials to support the world? Turn out the lights and everyone starve to death?
Edited by Chilidawgz, 13 September 2015 - 05:33 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
#19
fib_1618
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Posted 13 September 2015 - 06:15 PM
Very....that's how bottoms are created.How likely do you think that outcome is.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#20
brucekeller
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Posted 13 September 2015 - 06:46 PM
Thanks
This would be for more than a short term bounce then?
It would appear so. Fundamentally if the price of gold, silver, copper and other metals/ore goes much lower mines worldwide will go BK and dissolve. How likely do you think that outcome is. No more raw materials to support the world? Turn out the lights and everyone starve to death?
Creditors get gold dispensers on the cheap?
