1010 replies to this topic

[K Wave]

And there goes Silver...blasting out over $15

 

Looks like there is a decent chance RGLD takes out ALL TIME HIGH today....

Edited by K Wave, 20 June 2019 - 07:07 AM.

[Russ]

Someone posted Avi GIlburt's bullish gold elliot wave chart a few weeks ago, anyone have a copy of it? I didn't have the patience to go through 80 pages in the previous string. 

[Russ]

Captain Ewave $1660 by Oct?

 

[dharma]

as for the dollar .its an election year. the debate is underway on raising the debt ceiling. so it will turn into a political football. will the politicians stumble and cause a renege,or delay in payment.? these are questions that will come into play. then w/the fed on pause and then lowering rates , the dollar will weaken   its game on.  and as i have mentioned its an election year

be careful what you wish for

the dems are going to contront trump at every stage.its politics

dharma

oh and by the way,silver is unloved , undervalued, and hated as an investment at this point  take a look at a long term chart

do you think the combustion engine is going the way of the dodo ? if not ,its a rare time  when platinum  sells for less than gold

if you dont punt and you see undervaluation these pms are mighty interesting

[gannman]

for what its worth i dont think we stop here i think we have more to go before a pullback

 

bottom line no reason to be anything but long here if you are an intermediate term trader

 

my take on gdxj here just to put a target out there is a minimum of 70 for this wave so we are

 

really just getting started. and 70 is a min 75 is probably more likely 

[Russ]

Stu's old link still works... https://stockcharts....11c&a=664342721

[dharma]

13 highs were 1433

dsi hit 94 today, so if you are about to hit the buy button , take a deep breath

most of my positions are longer term, i may play w/a small percent.

pullbacks should be short in time, i look for hgiher #s  before the year is through

we are essentially just starting 1405 right now. 

i was a newbie in 78 getting my feet wet and when i started selling in late 79 if i bought something back

i paid more than i sold it for .such is the nature of bull markets. if you are a top flight trader have a crack at it

for most buy and hold will be the way to big returns

dharma

[Russ]

Here's the Avi Gilburt chart as posted by lotus2t in the previous string... 

[Russ]

As reported by Kitco, Gold in Australian dollars has now set and all time high... Projection dates are possible future highs.

 

[senorBS]

that was IMO a nice decline to add positions. I focused on silver area, SILJ below 8.45 and SLV below 14.30, as always DYODD

 

Senor