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Gold Market Update originally published Sunday, Decem

Compliments of Clive Maund https://www.clivemaund.com/

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#1 johngeorge

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Posted 16 December 2018 - 05:26 PM

Gold Market Update

 

Silver Market Update


Peace
johngeorge

#2 dougie

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Posted 16 December 2018 - 06:01 PM

wow he is quite the BEAR right here...

though i have to say I have never found him particularly useful even though i love reading his analysis



#3 dougie

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Posted 16 December 2018 - 06:32 PM

JG: i take it you are holding long here. What would change your mind?



#4 johngeorge

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Posted 16 December 2018 - 10:40 PM

dougie

 

Yes I remain long here and I too enjoy Clyde's analysis.  However I don't subscribe or follow his suggestions.  To change my mind I need to see gold below $1185 and GDX below $ 18.25.  I do anticipate a pull back in both in the near future so I am leaving myself some wiggle room.  My small cap explorers have taken a beating but I remain optimistic.  The worldwide debt that can't be repaid is what keeps me in the game.  That and the chance some of my small explorers will be taken out by the large caps.  Will know all in the fullness of time.


Peace
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#5 senorBS

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Posted 17 December 2018 - 10:14 AM

dougie

 

Yes I remain long here and I too enjoy Clyde's analysis.  However I don't subscribe or follow his suggestions.  To change my mind I need to see gold below $1185 and GDX below $ 18.25.  I do anticipate a pull back in both in the near future so I am leaving myself some wiggle room.  My small cap explorers have taken a beating but I remain optimistic.  The worldwide debt that can't be repaid is what keeps me in the game.  That and the chance some of my small explorers will be taken out by the large caps.  Will know all in the fullness of time.

looks to me that the smaller caps and laggards like CDE/HL/AUY and many more that have either made major new decline lows recently (Cde Fri at 3.8) or have been just hanging around their multi-yr lows, may have finally seen the majority of the tax selling pressure being done, IMO that should bode well for GDXJ which became my largest holding late last week

 

Senor



#6 johngeorge

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Posted 17 December 2018 - 12:20 PM

Thanks for the post Senor.

 

Maybe after all there is some light in the wilderness.  I hold JNUG a small position.  I was going to buy GDXJ, but JNUG was much cheaper.  So...........


Peace
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#7 gannman

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Posted 17 December 2018 - 03:23 PM

i would love to see gdx rip above 22 and stay there would be great for the bulls


feeling mellow with the yellow metal


#8 gannman

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Posted 17 December 2018 - 03:26 PM

and any one with patience should hold gold. the worm is turning

 

because the house of cards is burning ha ha. i continually add to 

 

my physical its a no brainer


feeling mellow with the yellow metal


#9 Comeback Kid

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Posted 17 December 2018 - 04:54 PM

I wonder what Clive is saying now?



#10 dougie

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Posted 17 December 2018 - 05:58 PM


Edited by dougie, 17 December 2018 - 05:58 PM.