678 replies to this topic

[Smithy]

Hadik. . .

 

[Smithy]

The Chinese year changed last Friday, Feb 12th. It was the year of the "metal rat" and rats make money.

 

This new Year of the Ox is about hard work, duty, discipline, and building. It is about following through on projects begun in the 2020 Rat year. The Ox stands for solidity and stability. The task of the Ox is to plow the field and work diligently.

[AChartist]

wow an AG eagle at apmex $40, a roll $800

[Smithy]

Haven't see one of these in ages.

 

[Smithy]

Sunday morning

 

Hadik has been banging the drum for a major gold high around May. I'm not seeing a lot of upside potential in the next 12 weeks. The precious metals upmove that started last March may be running out of time 

 

At the risk of stating the obvious, bulls want to see $1700 gold and $26 silver hold.

Edited by Smithy, 28 February 2021 - 09:52 AM.

[dougie]

Sunday morning

 

Hadik has been banging the drum for a major gold high around May. I'm not seeing a lot of upside potential in the next 12 weeks. The precious metals upmove that started last March may be running out of time 

 

At the risk of stating the obvious, bulls want to see $1700 gold and $26 silver hold.

hadik might be inverted

[Smithy]

I like that spot gold made a low yesterday (1701.8) and silver today (25.83), the divergence is a requirement for a low.

 

Unfortunately the $BPGDM downticked. As and when it turns up from these low levels is a buy signal in my book. 

 

So near and yet so far.

[Smithy]

Good chance of a double bottom at yesterday's and today's spot gold lows both at 1687.2.

 

Easy vicinity for stops. Risking $10 or less.

 

I'd like to see $BPGDM uptick intraday.  TWT

Edited by Smithy, 05 March 2021 - 10:15 AM.

[Smithy]

Preview Chartbook of the In Gold We Trust 2021 report.

 

Has some awesome charts.

 

https://mcuserconten...om=auto,-45,550

[Smithy]