RGLD? what else.
I'm talking retirment trade buy and hold 5 years, leverage up
I have paas and ag, gdx, gdxj, sgdm, silj
and I'm not even talking about the 401k at 25% gold yet.
Thanks,
Edited by AChartist, 23 January 2017 - 08:15 PM.
Posted 23 January 2017 - 08:12 PM
RGLD? what else.
I'm talking retirment trade buy and hold 5 years, leverage up
I have paas and ag, gdx, gdxj, sgdm, silj
and I'm not even talking about the 401k at 25% gold yet.
Thanks,
Edited by AChartist, 23 January 2017 - 08:15 PM.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
Posted 23 January 2017 - 08:32 PM
RGLD? what else.
I'm talking retirment trade buy and hold 5 years, leverage up
I have paas and ag, gdx, gdxj, sgdm, silj
and I'm not even talking about the 401k at 25% gold yet.
Thanks,
AEM, GG, NGD and yes, PAAS. I have others but not for public consumption. They're too good to share! LOL
Posted 23 January 2017 - 09:31 PM
DRD, SBGL, SA - just enough to bribe the border guards.
Too good to share? Definitely that's a LOL. With gold, a rock is a rock is a rock.
Edited by diogenes227, 23 January 2017 - 09:33 PM.
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
Posted 23 January 2017 - 10:46 PM
Thanks all
It could be 5 to 8 weeks for the weekly chart to really be ready, patience.
I think the daily chart has several days left in it and will have another good supporting
cycle in the span up to 5 weeks.
Edited by AChartist, 23 January 2017 - 10:50 PM.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
Posted 24 January 2017 - 01:11 AM
DRD, SBGL, SA - just enough to bribe the border guards.
Too good to share? Definitely that's a LOL. With gold, a rock is a rock is a rock.
Posted 24 January 2017 - 10:03 AM
AKG missed a great opp at 2.50 area 3.50 now..thought gold was going lower and staying lower..
missed out for now..still not bullish on gold..
donc
Posted 24 January 2017 - 10:30 AM
Posted 24 January 2017 - 12:13 PM
DRD, SBGL, SA - just enough to bribe the border guards.
Too good to share? Definitely that's a LOL. With gold, a rock is a rock is a rock.
Are you saying all gold mining companies will perform the same?
Posted 24 January 2017 - 01:09 PM
DRD, SBGL, SA - just enough to bribe the border guards.
Too good to share? Definitely that's a LOL. With gold, a rock is a rock is a rock.
Are you saying all gold mining companies will perform the same?
Of course not, but there are times when it's possible to spend so much time looking for the precious nugget that one misses the vein.
Key is to be with the general market direction in SOMETHING.
Looking back, the gold stocks last bottomed on 12/15/16. From the close of the next day, the three stocks I mentioned above have gained: DRD, 37 percent; SBGL 35%; and SA 32%. Those are just random returns (although DRD and SBGL have dividends too). A quick look at the sector just now told me most gold stocks are up 30-some percent. IAG happens to be up 41 percent. A biggie like NEM is only up 15 percent, ABX 28 percent. RGLD, mentioned at the top of this thread, is up 16% (maybe it's going to run now and play catch up).
And I suppose there are little guys out there I have never seen nor heard of that are exploding and turning anyone who has them in lifelong gold bugs. But so what? Anything here is a worthy return for a month if one knows when to dig in.
By the way, NUGT and JNUG, the 3x-leveraged ETFs for the gold stocks are up 95% and 122% respectively. Same time, same signal. Makes mining a whole lot easier.
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
Posted 24 January 2017 - 01:14 PM
DRD, SBGL, SA - just enough to bribe the border guards.
Too good to share? Definitely that's a LOL. With gold, a rock is a rock is a rock.
Are you saying all gold mining companies will perform the same?
Of course not, but there are times when it's possible to spend so much time looking for the precious nugget that one misses the vein.
Key is to be with the general market direction in SOMETHING.
Looking back, the gold stocks last bottomed on 12/15/16. From the close of the next day, the three stocks I mentioned above have gained: DRD, 37 percent; SBGL 35%; and SA 32%. Those are just random returns (although DRD and SBGL have dividends too). A quick look at the sector just now told me most gold stocks are up 30-some percent. IAG happens to be up 41 percent. A biggie like NEM is only up 15 percent, ABX 28 percent. RGLD, mentioned at the top of this thread, is up 16% (maybe it's going to run now and play catch up).
And I suppose there are little guys out there I have never seen nor heard of that are exploding and turning anyone who has them in lifelong gold bugs. But so what? Anything here is a worthy return for a month if one knows when to dig in.
By the way, NUGT and JNUG, the 3x-leveraged ETFs for the gold stocks are up 95% and 122% respectively. Same time, same signal. Makes mining a whole lot easier.
Totally agree on NUGT and JNUG. Trade them both. And I mean trade ONLY.