1289 replies to this topic

[K Wave]

Test number 3

[ryanoo]

"The demand for gold is being driven by the "de-dollarization" of global economies, with central banks around the world buying more gold as they reduce their dollar holdings: Goldman Sachs' Jeff Currie"

 

"Central banks have been buying nearly 20% of the world's gold supply, approaching the highest levels since the Nixon era, compared with being net sellers from 1971 through 2010: Bloomberg Intelligence's"

https://twitter.com/...022939001262083

[K Wave]

OK pivot likely set now...

 

If bears want control they need to take it down now...

 

One more move over 27.10 now would likely mean bulls have held the line...

Edited by K Wave, 09 December 2019 - 10:32 AM.

[linrom1]

 

Is this a pig, or what?

[dougie]

bullish hourly divergences in gdx

[linrom1]

 

Simple external time and price projections? 15.80 in 4 days?

Edited by linrom1, 09 December 2019 - 11:56 AM.

[dharma]

i have choppy action in gold till the 18th , however this can trend at any time. as we know we have the fed wednesday and the decision on tariffs sunday. i am using the directionless trading to buy. i am in on a thinly traded junior when i get my quota i will share it.it looks interesting but its a crapshoot

something like 12trillion in debt is in negative rates.  lots of suckas out there.  the deficits keep mounting stagflation will rear sometime late this year , by then gold should be higher. we are years away from the parabolic. but its coming.  the fake bugs either pointed to pluto or the basement.  history has a definite outcome of this mess and it aint pretty

the rollover in the gold contract showed a whale  someone has a large paper long. these moves require alot of patience

contemplating buying silj or some miners that have better potential and chart patterns.

if we break then we could test 1400 

so i am keeping some amo 

dharma

[dharma]

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

dharma

still looks like a backtest of the breakout in the miners

Edited by dharma, 09 December 2019 - 12:12 PM.

[dharma]

dsi =25 at the recent lows. it was 24 . 

dharma

[Smithy]

Thanks dharma