678 replies to this topic

[Smithy]

Off topic - the Queen's Xmas message - 7 mins. I was touched.

 

[Smithy]

Monday 28th - 2:30 pm  EST - bullish above, bearish below

 

[Smithy]

The role of gaps with SILJ

 

[Smithy]

A short term sell signal for gold as of today, Thursday's, close

 

[Smithy]

A while back I asked the question if there was an ag index against which I could see if DBA was under performing. I didn't find that, but I did discover the Bloomberg Ag Subindex ETN which appears to outperform DBA markedly. On Stockcharts  JJA.

Comments welcome.

[Smithy]

Weds - gold and silver are governed lockstep with the dollar this morning

[Smithy]

The first week of the year is often either an important low or the lowest price of the year. We may be heading into that with the present gold and silver price declines. 

[Smithy]

SILJ:SLV ratio 5 minute bars over 5 days

 

[Smithy]

Sunday night - I wonder if the last week of spot gold could be a contracting tri.

[Smithy]

Gann said that prices often make the extreme for the year in the 1st or 3rd weeks.

 

The low so far of $1,802 on last Sunday Jan 17th fit the bill.

 

Oldies will recall gold topped at $850 on Monday Jan 21st, 1980, again the third week of the year.

 

If he's right, gold will rise for at least the first half of the year.