977 replies to this topic

[senorBS]

Also keep in mind earnings season is upon is, AEM just reported;

 

 

https://finance.yaho...-210000522.html

AEM nice beat and earnings and cash flow, 40% divvy increase as well, this could be a nice earnings season for many miners

[dougie]

i agree those are wise words. JL; Its the sitting

[dougie]

maybe we do a fractal of aslt consolidation FEB period in GOLD?

[senorBS]

maybe we do a fractal of aslt consolidation FEB period in GOLD?

cleanest count perhaps on the board to me is SILJ - 5 up from May, clear corrective decline to 50% retrace a week or so ago, possible 5 up hourly from 9.12 corrective low to recent high near 10, another short term correction that could be done, if correct a wave iii norte could begin very soon, not complicated so lets see if KISS (keep is simple Senor) method works out here

 

Senor

[johngeorge]

dharma

 

"i think we are going to have a december low which sparks a larger rally that goes into the march/april period. from there a top will occur

any and all opinions are appreciated!"

 

I have witnessed a similar pattern more than a few times over the years and think there is an excellent chance of seeing it again.  For me I remain bullish as the risk reward IMO is with higher prices.  As you have repeated pointed out,just what I believe the worldwide debt is not possible to pay off.  Gold is money.  Fiat will be worthless thanks to unrelenting printing by the CB's.  Thank you for the threads. 

[senorBS]

 

maybe we do a fractal of aslt consolidation FEB period in GOLD?

cleanest count perhaps on the board to me is SILJ - 5 up from May, clear corrective decline to 50% retrace a week or so ago, possible 5 up hourly from 9.12 corrective low to recent high near 10, another short term correction that could be done, if correct a wave iii norte could begin very soon, not complicated so lets see if KISS (keep is simple Senor) method works out here

 

Senor

 

Platinum which has a large abc decline from early Sep high had a BIG rally yesterday which IMO strongly suggests correction done, lets see if perhaps silver starts a strong leg higher with it early strength up 1.2% - it could dovetail nicely with my bullish SILJ count, to my eyes the ducks are falling in place for a renewed up move, we see

 

Senor

[senorBS]

Also keep in mind earnings season is upon is, AEM just reported;

 

 

https://finance.yaho...-210000522.html

AEM nice beat and earnings and cash flow, 40% divvy increase as well, this could be a nice earnings season for many miners

AEM up over 4.5% after good report, I have commented on the big correction in the miner/GLD ratios looking like they are ending - lookin better and better to me

 

Senor

[gannman]

You have to lose what is happening here target for slv is 24

[gannman]

Like not lose haha

[linrom1]

 

 

This is 4th attempt at 17.80 on not particularly strong volume in October, unless we can break above 18, I am watching?