thanks
bottoming process continues
#521
Posted 22 March 2019 - 11:24 AM
#522
Posted 22 March 2019 - 12:40 PM
Gold is sneaking up out of a triangle. Hopefully not an overthrow before a big dump.
#523
Posted 22 March 2019 - 01:14 PM
It was an overthrow, now we'll see if the bottom line contains it and completes an 'e' and we go up again.
#525
Posted 24 March 2019 - 11:55 AM
dharma
"once the qt ends the next significant move will be qe and lowering rates.gold likes both of those and somewhere in that change of approach investor will find silver and platinum my average cost of plg is 1.53 i will add as it starts taking out significant resistance."
Recently Platinum and Palladium have been doing well. I have a small position in PLG also cost is $1.56. Also own small position in SPPP cost is $9.88.
Thank you and best to you.
johngeorge
#526
Posted 24 March 2019 - 05:21 PM
yes the vulnerability of the fed is now on display from 4 hikes in 19 to 2 to 0 shows the true state of the economy
its time
Peter Boockvar: “Do not view what central banks are doing as accommodative anymore. Their policy is now restrictive. And you add that to growth that is slowing, particularly in China, that’s spilled over into Europe and into the US, it’s time to buckle up and own some gold, cash and short-term T-bills. And don’t think that the Fed or other central banks are going to save your {bleeeep} this time because they are completely
dharma
#527
Posted 25 March 2019 - 01:51 AM
i think i saw something where the budget deficit for the first 5 months was over 550 million
not good for the dollar imo just something to watch i think they usually have a surplus in april fwiw
#528
Posted 25 March 2019 - 07:48 AM
Silver possibly getting very, very close to erupting....multiple shorter time frames re-syncing upside last night...
If it can take and hold 15.60 level this AM, then likely only a matter of time until it blows past the big 16 pivot zone and bears start to throw in the towel from a longer term perspective...
Back below 15.40 now would mean something may be wrong....
Edited by K Wave, 25 March 2019 - 07:49 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#529
Posted 25 March 2019 - 10:06 AM
the yield curve has inverted=banks do not make money.this is going to cause big problems in the economy
gold remains firm. pressure is building. a breakout seems to be coming
patience
dharma
#530
Posted 25 March 2019 - 01:56 PM
johngeorge