Member
Posted 16 February 2020 - 05:14 AM
i am just not liking the action in the stocks here. aem got crushed absolutely crushed
rgld is not trading well . paas reports this week and the time segmented volume does not
look good. i would not be surprised if it cratered after it reports. dont like it .
gld itself on the other hand looks fine so quite a dichotomy here
Member
Posted 16 February 2020 - 12:03 PM
i meant to say the correction lasts into the 19/20th
i see more consolidation
this will ultimately make the market stronger
i do see 1750-1800 in april/may
but i think the 2nd 1/2 of the year as a stronger period
patience will be rewarded and we need alot of patience in this market
dharma
i know gold rewarded and aem taken behind the woodshed seems really overdone
Member
Posted 16 February 2020 - 04:10 PM
Is Barrick gold considered a Bellwhether for the sector or no ? Barrick looking extremely strong. But then there are the other ugly looking ones....
i am just not liking the action in the stocks here. aem got crushed absolutely crushed
rgld is not trading well . paas reports this week and the time segmented volume does not
look good. i would not be surprised if it cratered after it reports. dont like it .
gld itself on the other hand looks fine so quite a dichotomy here
Member
Posted 16 February 2020 - 04:56 PM
i am just not liking the action in the stocks here. aem got crushed absolutely crushed
rgld is not trading well . paas reports this week and the time segmented volume does not
look good. i would not be surprised if it cratered after it reports. dont like it .
gld itself on the other hand looks fine so quite a dichotomy here
I always follow/chart the miner/gold ratios like HUI/Gold and GDXJ/Gold etc. IMO they have been correcting since their late Dec highs from their large mid year rallies to year end. I think their corrections are in the 9th inning and are likely to end this week, I will likely continue to look to buy weakness early this week if it occurs, just my take
Senor
Member
Posted 17 February 2020 - 10:54 PM
Agree with Senor, Gold and Silver Breaking out tonight....
Member
Posted 18 February 2020 - 01:18 AM
Agree with Senor, Gold and Silver Breaking out tonight....
i think thatspike high should be ignored
Member
Posted 18 February 2020 - 08:36 AM
Starting to look like Silver has finally regained a bullish stance on the shorter time frames.
Longer time frames never flinched during the corrective action...
As long as she holds above 17.80 now, liftoff move could be dead ahead...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 18 February 2020 - 08:38 AM
Meanwhile. Gold in Euros continues to rocket to new 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
Member
Posted 18 February 2020 - 09:08 AM
Agree with Senor, Gold and Silver Breaking out tonight....
i think thatspike high should be ignored
Should it? Gold is breaking out in all the major currencies, a sign of a real bull market according to Mr. A. 
Member
Posted 18 February 2020 - 09:24 AM
Just need a 15 min stick that closes over 28.60 on GDX, and bull should be out of the barn...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
