starting to protect myself the ferocity of this move and the extant of this move, smells of the start of a correction. there will be rallies
but i am taking a defensive stance.
dharma
continuing this leg higher
Started by
dharma
, Aug 08 2016 10:20 AM
55 replies to this topic
#52
dougie
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Posted 24 August 2016 - 03:37 PM
How defensive D?
Anyone thing new lows could actually materialoze?
I do but less than 20% chance
#53
dougie
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Posted 24 August 2016 - 03:43 PM
Weekly DUST chart shows it could be just getting started. Hourly overbought of course
#54
dharma
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Posted 25 August 2016 - 10:10 AM
the gdx chart has taken out its last low @ 27.5 which is an indication of change in trend
gold however is pressing its lower boundary , demand side of the pennant.
hadik has been spot on. but i think we rally, either from here or tomorrow morning
dharma
#55
dharma
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Posted 25 August 2016 - 02:55 PM
there is a difference in price for silver in the east and in the west. the higher price in the east assures that physical silver will flow that way
http://didthesystemcollapse.com/
dharma
#56
dharma
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Posted 26 August 2016 - 10:10 AM
us election
french election
italian referendum
there are lots of monetary events slated for september. including the sdr in september. china might have to actually be forthright on its gold reserves
at this pt , at this juncture , i think gold is in a correction and we are either in A or this is the B wave which ends next week. i am off all margin. my plan is to sell a % but not a large % surprises will be on the upside. but my plan calls for me to take in consideration that new lows is a possibility. i dont give it a high % probability but i feel it needs to be on the radar.
one of my stocks came out w/drilling results and they were phenomenal and the stocks is up pennies. far from the doubling again in price of gsv. which reinforces timing is everything. in an impulse gsv doubles and this stock is up 10% ish . on the announcement
the big thing is to miss getting on board. the rest are small tiny mistakes
the rally has provided good gains . from 96 -16 the miners were in a bear market vs gold . that is changing. i see it in how miners are being valued
this will equate to price very soon
i am not in the hyperinflation camp. i have always been in the stagflation camp. we will see it in commodity prices and rising wages. which have been stagnant. the fed seems to be talking down the dollar.
trump is the outsider none of the establishment wants to see this guy in the oval office. so i doubt the fed does anything but talk between now and the election
dharma
