too early to come to conclusions, but i like the action. the sector looks constructive. awaiting markup
a friend sent me this from armstrongs private blog, i am not a fan of his https://scontent-dfw...582&oe=5BE1BA61
dharma
Posted 06 July 2018 - 10:53 AM
too early to come to conclusions, but i like the action. the sector looks constructive. awaiting markup
a friend sent me this from armstrongs private blog, i am not a fan of his https://scontent-dfw...582&oe=5BE1BA61
dharma
Posted 06 July 2018 - 12:24 PM
Posted 06 July 2018 - 01:01 PM
According to Cdelanley- Gold needs to go to 1250 to 1247 for wave 2 bottom
Posted 06 July 2018 - 01:50 PM
gdxj from july 2 it looks to me as though we are in a 5 wave move up
fwiw now if we can get gld to join the party we will see some good upside action
Posted 06 July 2018 - 01:54 PM
added some NEM into this pullback below 37.80. FWIW and DYODD. now about 65% long
Senor
Posted 06 July 2018 - 03:14 PM
cots delayed till monday, apparently the day off threw the bean counters into confusion. which will be straightened out by monday whew
while this last low has had all the parameters of a classic contrarian bottom. i believe there will be an event happening w/in the next 6 months
which gets the bull in big price markup mode. there are so many possibilities i will not venture a guess which will be the catalyst. if one goes back
to 01 , then 09 , they can vary as well. but w/all the money thrown at the markets since 09 something is not right. for now all is papered over and the stock
bulls rejoice . yet, something is not right. why anyone , who has studied any history at all would move towards a trade war is beyond me . no one has ever won one
and in the end it lessens trade and costs the consumer more. an event is coming into view. and it will change everything.
dharma
eg https://www.clivemau...cle.php?id=4707
ps i have watch rifel over the years, he is a ceo who is for his share holders, and he is the biggest one.
Edited by dharma, 06 July 2018 - 03:16 PM.
Posted 06 July 2018 - 09:29 PM
It appears that the global debt crisis is fairly well developed. Video of 2 Aussie economists discussing it regarding Australia, but the issue is worldwide. I think it is 36 minutes well spent to understand the issues.
thepatientinvestor.com/index.php/2018/06/27/australias-debt-bomb/
Certainly supports a gold bull market.
Posted 07 July 2018 - 07:22 PM
Posted 08 July 2018 - 05:48 PM
Posted 09 July 2018 - 10:26 AM
bottoming process continuing. imo very constructive action. the complex appears to be carving out a bottom.
pvg announced https://www.pretivm....ed/default.aspx
i believe this strike is very similar to novo's strike. very uneven. pockets of very high grade. difficult to access the structure and thus how many ounces. investors like things clear cut, not the case, so when looking at these 2 stocks buy only when they are behind the woodshed.
east indians have a long history of being taken advantage of. so when they accrue wealth , they buy gold. they dont trust banks so when i see this https://economictime...ow/64904997.cms
it gets me to think there will be good buying in the pm sector.
dharma