this interview has alot of good thoughts in regard to the markets
https://www.kitco.co...show=Kitco-NEWS
dharma
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
Posted 20 February 2020 - 04:46 PM
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
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.
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
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
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
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.
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?
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.
Edited by ryanoo, 21 February 2020 - 11:58 AM.
Posted 21 February 2020 - 12:29 PM
looking at gdxj we are presumably in a 5th wave up here off the Oct lows , or?