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The Gold Bull is free to run as far as I can tell


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#1 tria

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Posted 01 May 2016 - 05:08 PM

No reason to think today of where or when it stops running.

Potential early week weakness below 1,290 will get me more long.


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."
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#2 johngeorge

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Posted 01 May 2016 - 05:33 PM

tria

 

A most Happy Easter to you and all the Orthodox throughout the world . flowers.gif   A toast.......I believe it originates with our friends in Poland;  May you live forever and I never die.  smile.png

 

Best to you.


Peace
johngeorge

#3 AChartist

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Posted 01 May 2016 - 08:02 PM

I got a look at gold daily, that peak was in the cycles, if it has some congestion or pullback due here the next cycle ramp should be under way in 12 days

 

and better than what that just was with several good cycles aligned. And the epicenter of the next move up should be at 30 days.

 

 

I will try to be patient to pick up 3-4 more ounces over two weeks. hope for a dip.

 

 

I cataloged by inventory, it is 29 to 1 silver to gold weight and 2.8 to 1 gold to silver $value, not counting the bitgold.

 

I would like 3-4 more gold and 40 more silver to round out lots. It is a better dollar value than I thought I had

 

but never enough. It was all I can do in 2 years of accumulation.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#4 tria

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Posted 02 May 2016 - 09:40 AM

tria

 

A most Happy Easter to you and all the Orthodox throughout the world . flowers.gif   A toast.......I believe it originates with our friends in Poland;  May you live forever and I never die.  smile.png

 

Best to you.

 

Τhank you JG, 4 day holiday here up to this Wednesday AM.

Everything is closed, all shops, offices, banks etc.


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


#5 tria

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Posted 02 May 2016 - 09:44 AM

Well I got my below 1,290 price and bought it.

Let it now procceed if it so wishes with the above 1,380 or higher price by month's end or in early June.


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


#6 SemiBizz

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Posted 02 May 2016 - 12:18 PM

I'm never swayed by price alone... I had an upside target for today of 1307, I guess we can still test it, but 1305.92 might be enough...  I'm looking for a sharp pullback now.  We're up 70 bucks from where everybody got bearish early last week, it's time for a pullback now that they are all bulled up again...

 

yes.gif


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#7 tria

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Posted 02 May 2016 - 02:47 PM

Well despite Gold not dropping in USD terms last week and as I thought it would, Gold has corrected enough

of its buying power bull move since February. The up move started in late 2013.

Support was offered at the previous 4th  wave of lesser degree.

Anyway Gold's buying power had doubled in February of this year from the late 2013 low.

 


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


#8 dougie

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Posted 03 May 2016 - 01:31 AM

1210 area

#9 tria

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Posted 03 May 2016 - 06:18 AM

Gold at 1,336 and at 1,384 look like interesting potential upside targets.

 

Silver near the 17.00 area looks interesting too if one wishes to add on.


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


#10 SemiBizz

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Posted 03 May 2016 - 09:34 AM

I'm never swayed by price alone... I had an upside target for today of 1307, I guess we can still test it, but 1305.92 might be enough...  I'm looking for a sharp pullback now.  We're up 70 bucks from where everybody got bearish early last week, it's time for a pullback now that they are all bulled up again...

 

yes.gif

 

1270s.. somewhere in there should get tradeable bounce.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics