Jump to content



Photo

wave 3


  • Please log in to reply
1289 replies to this topic

#1051 dharma

dharma

    Member

  • Traders-Talk User
  • 9,618 posts

Posted 20 February 2020 - 03:08 PM

this interview has alot of good thoughts in regard to the markets

https://www.kitco.co...show=Kitco-NEWS

dharma



#1052 gannman

gannman

    Member

  • Traders-Talk User
  • 6,948 posts

Posted 20 February 2020 - 04:46 PM

https://www.gold-eag...d-gold-standard

 

good stuff here about the developing situation


feeling mellow with the yellow metal


#1053 gannman

gannman

    Member

  • Traders-Talk User
  • 6,948 posts

Posted 20 February 2020 - 05:00 PM

also this corona virus is nowhere near resolved imo. when you have large amounts of people contracting it it becomes harder and harder

 

to control the spread. i sincerely hope they do control it but i am far from convinced that they can control it. there are implications to the markets for this

 

and we might start to see things start to move very rapidly in stocks and in the metals. we will see i dont know but nothing would surprise me here


feeling mellow with the yellow metal


#1054 Russ

Russ

    Member

  • Traders-Talk User
  • 7,196 posts

Posted 21 February 2020 - 07:26 AM

Why are the gold stocks lagging the price of gold so much?   You can see that GDX was higher in 2016 when gold was about 250 less than now and it was even higher last summer when gold was lower.  


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#1055 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,809 posts

Posted 21 February 2020 - 09:08 AM

looking like decent possibility of breakaway gap up on GDXJ after clearing major resistance zone at 43...next stop 2016 highs??


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1056 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,809 posts

Posted 21 February 2020 - 09:10 AM

TLT within pretty easy striking distance of all time highs now...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1057 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,809 posts

Posted 21 February 2020 - 09:15 AM

Not sure what's going on with PL...but if it does not start to perk up PDQ, then something may be amiss with the bull case...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1058 dharma

dharma

    Member

  • Traders-Talk User
  • 9,618 posts

Posted 21 February 2020 - 11:38 AM

there are alot of things about this market that are worrisome. the fundamental backdrop looks excellent. so i am of the mind , that it will all fit in place  so i am not super comfortable, but i am sitting

per hugs interview, the supply side of the pgms  is in question. ie s/africa is probably not providing normal supplies . china is shut down so manufaturing is at a standstill. palladium and rhodium are stellar , plat is the laggard  when the corona virus passes in china i think plat will perform well. i am buying pgm miners in n/america

anyway my 2c

dharma

john hathaway interviewed by rick rule

https://www.youtube....61044-211658593


Edited by dharma, 21 February 2020 - 11:43 AM.


#1059 ryanoo

ryanoo

    Member

  • Traders-Talk User
  • 660 posts

Posted 21 February 2020 - 11:49 AM

looking like decent possibility of breakaway gap up on GDXJ after clearing major resistance zone at 43...next stop 2016 highs??

looks like a nice c&h breakout?

87158697_10213501308722038_6634130180459

The daily above is a tiny c&h; the weekly below has the huge c&h.  Once it breaks above 31 or so, convincingly, then really, sky is the limit.

Just one more woomp to break the ceiling at 31.

87065176_10213501346802990_9211821972147


Edited by ryanoo, 21 February 2020 - 11:58 AM.


#1060 dougie

dougie

    Member

  • Traders-Talk User
  • 9,047 posts

Posted 21 February 2020 - 12:29 PM

looking at gdxj we are presumably in a 5th wave up here off the Oct lows , or?