1565 replies to this topic

[senorBS]

so far so good amigos, we are at/close to a lot of key resistance levels like GDX 22.25, NEM 38.50-38.55, GDXJ 32.85-33.10, got the popcorn out and watchin

 

Senor

[EHW]

so far so good amigos, we are at/close to a lot of key resistance levels like GDX 22.25, NEM 38.50-38.55, GDXJ 32.85-33.10, got the popcorn out and watchin

 

Senor

Senor, are you concerned about the silver's underperforming here?  The gold:silver ratio is still stuck at the tight range.  Thank you.

[jabat]

 

[dharma]

folks get hung up on gold/silver ratio.  cbs hold gold  , none to my knowledge hold silver. when scrutiny abounds , banks become afraid of each other. and they resort to only paying each other in gold .   so silver is in the hands of investors. not cbs.  silver will be pulled along by gold

the day after the high price in 1980 gold was down 115 dollars .silver was locked limit down for weeks.   whereever and whenever this thing tops it will be quite ugly for silver it is only in the hands of speculators.  be careful 

touched 1351 resistance this am   the key resistance points on the chart are there for all to see. as are the pieces to the puzzle. politicians will take care of the rest. once in office kudlow repeated his cry of a strong dollar and sell gold.  he has been saying that for years. the market is deaf to him.  but the trade wars are being pushed into place.  and the trump card is china is the largest holder of us debt.  they are being pushed into a trade war and the dollar is on the skids. rates are rising bond prices are falling. so they are losing money in bonds on all fronts.    pass that popcorn    china/india/fed  ala thompson are the gold drivers

dharma  

bcekf has a strong pattern on a monthly chart i dont own any  do your own dd or you will go broke

[EHW]

folks get hung up on gold/silver ratio.  cbs hold gold  , none to my knowledge hold silver. when scrutiny abounds , banks become afraid of each other. and they resort to only paying each other in gold .   so silver is in the hands of investors. not cbs.  silver will be pulled along by gold

the day after the high price in 1980 gold was down 115 dollars .silver was locked limit down for weeks.   whereever and whenever this thing tops it will be quite ugly for silver it is only in the hands of speculators.  be careful 

touched 1351 resistance this am   the key resistance points on the chart are there for all to see. as are the pieces to the puzzle. politicians will take care of the rest. once in office kudlow repeated his cry of a strong dollar and sell gold.  he has been saying that for years. the market is deaf to him.  but the trade wars are being pushed into place.  and the trump card is china is the largest holder of us debt.  they are being pushed into a trade war and the dollar is on the skids. rates are rising bond prices are falling. so they are losing money in bonds on all fronts.    pass that popcorn    china/india/fed  ala thompson are the gold drivers

dharma  

bcekf has a strong pattern on a monthly chart i dont own any  do your own dd or you will go broke

Thank you for all your posts, they are greatly appreciated.

[dharma]

on the trade wars-Robert Lighthizer was the architect to reagan , when reagan was president , he was the one that imposed tariffs and japanese and german cars back then( japanese car makers had put the big 3 on the ropes they were having trouble competing), the result of which is toyota/honda/bmw all have plants in the usa. giving americans high paying jobs w/benefits.   now in a cabinet position in the trump administration lighthizer is now orchestrating from that same play book . this time w/china. solar panels/appliances/steel/aluminum/high value tech/are all coming under tariffs from this administration. these tariffs have been part of american policy since hamilton was in the washington administration they were called bounties.   now we see how china responds to it all.   trump=america first.    

there are certain companies that are going to benefit  from these trade wars. lets look at broadcoms recent bid for qualcom.  broadcom is singapore based and is under chinas influence. to what extant is not clear. but qualcom is a leading chip maker in smart phones.  taking them over alot of intelectual property would have fallen into the hands of the chinese. they could have made the us smart phones fall behind in advancement. currently the 5g rollout is being built and qualcom is a leader in that development . its easy to see how giving up qualcom could have cost the us the lead in smart phone development. trumps actions could very well have saved the leadership of the us in smart phone development. it was very strategic   there are other companies and industries that will benefit from these actions. much like hamilton imposed bounties on foreign gun makers for example , these actions preserved the us fledgling companies against the larger british companies.  trump is not blazing new paths . he is doing what other presidents have done throughout history.  stealing intellectual property has been frowned upon for hundreds of years. protecting us industries has been going on for centuries.   end of rant. 

dharma

Edited by dharma, 23 March 2018 - 11:26 AM.

[K Wave]

Silver still struggling for the breakout.

Just need a close at or over the intraday high thus far to lock in Bullish engulfing on weekly chart....which should turn the tide upwards...

[Russ]

Signal on the HUI for a high in mid April, possibly to the top of the channel at 205... 

[K Wave]

In the mean time, already up a 100% on margin required in just a couple of days on GC!

 

And methinks this is most likely just getting under way....

[K Wave]

NUGT has a clear reversal breakaway gap above 24 today....this should run now....