977 replies to this topic

[linrom1]

 

Are miners undervalued?

[hhh]

Shouldn't the last wave in B have 5 waves instead of 3?

[linrom1]

Shouldn't the last wave in B have 5 waves instead of 3?

5-3-5

 

I don't know anything about the mining business, but are NEM and ABX making any more money than they did in 1990s? What if someone like AOC gets elected, wouldn't they ban most mining especially gold mining since its about the dirtiest endeavor there is?

 

I am just musing..... I saw this real good? Elliott Wave analysis on Yahoo with gold projections going to $800. If one looks are at gold, silver etc and treats the movement since 2011 as corrective, you end up with this GIANT wave C.

 

But, as far as miners are concerned, one need not be concerned with them at all: buy physical or hybrids like SLV and GDL.

[hhh]

 

Shouldn't the last wave in B have 5 waves instead of 3?

5-3-5

 

 

Not sure what you mean by 5-3-5. The last wave of the 3 waves that make up B should be 5 waves, not just the 3 that have developed so far, from 16 and change in late 2018 to present.

[linrom1]

 

 

Shouldn't the last wave in B have 5 waves instead of 3?

5-3-5

 

 

Not sure what you mean by 5-3-5. The last wave of the 3 waves that make up B should be 5 waves, not just the 3 that have developed so far, from 16 and change in late 2018 to present.

 

 

 

 

 

This chart? So its like this.

Edited by linrom1, 27 November 2019 - 05:15 PM.

[linrom1]

 

 

Shouldn't the last wave in B have 5 waves instead of 3?

5-3-5

 

 

Not sure what you mean by 5-3-5. The last wave of the 3 waves that make up B should be 5 waves, not just the 3 that have developed so far, from 16 and change in late 2018 to present.

 

It can be 3-3-5, with the final wave C a 5, but I think leg A is 5 waves; b 3 waves and C should be 5 waves.

[linrom1]

 

Do humans trade this stuff too?

[hhh]

That last chart is the weirdest I've seen in years. I didn't think a B could be 3-3-3 as you've drawn, but OCICBW.

[senorBS]

interesting day, 5-day DSI now below 30%, note that on the charts I use gold made a new daily CLOSING low for this large correction on Monday with daily RSI diverging, guarantees nothing but that and the DSI does give some "juice" to the possibility that the correction may have ended, also most individual miners and almost all miner ETF's/indices above previous lows as well, we see

 

Senor

[senorBS]

Also, Trump just signed the two bills supporting Hong Kong protesters, be interesting if this causes any "serious" issues regarding the trade talks, we see

 

Senor