There she goes, one more big decline? Nope....
too son to declare victory IMO
golds next leg higher
Started by
dharma
, Mar 18 2020 11:33 AM
859 replies to this topic
#101
dougie
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Posted 06 April 2020 - 03:03 PM
#102
senorBS
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Posted 06 April 2020 - 08:41 PM
There she goes, one more big decline? Nope....
too son to declare victory IMO
or by the time some "declare victory" 75% of the rally will be over?
Senor
#103
dougie
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Posted 07 April 2020 - 02:38 AM
There she goes, one more big decline? Nope....
too son to declare victory IMO
or by the time some "declare victory" 75% of the rally will be over?
Senor
if this is 75% of the rally i dont want any part of it.
#104
dougie
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Posted 07 April 2020 - 02:58 AM
why are miners lagging BADLY?
#105
senorBS
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Posted 07 April 2020 - 07:50 AM
why are miners lagging BADLY?
IMO because until recently the general markets have been so weak and we have also had many mine shut downs. Been watching the miner/gold ratios and IMO they look like they are ready to rally hard to the upside as is the GSR to break hard down
Senor
#106
dharma
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Posted 07 April 2020 - 10:44 AM
gdx, gdxj , goau. all have the market peering over the neckline. however i dont think its decisive victory for the bulls , yet.
i want to see more positive action. the spread between spot and june gold is striking - rounding off its about $60 try to buy something buillion or coin at spot. its near impossible to even buy a coin near the $60 difference. spot is no longer the market . in spite of what the press says, there is scant physical to be had and those that do have some want hefty premiums
i remind myself in 09 it took some time for the sector to get rolling. these enormous schemes to get the economy kick started involve printing large amounts of dollars.. rickards is saying the imf will also print sdr..i just dont see gold staying range bound for long. and to top it off we have an election coming up.
dharma
#109
dharma
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Posted 07 April 2020 - 11:32 AM
by the way tomorrow and the 9th are the treasury auctions
lets see what happens. does the fed buy it all? who shows up/
dharma
#110
dharma
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Posted 07 April 2020 - 12:20 PM
golds dsi =jumped 15 to 90 hmmmm
hgnsi =28
that dsi # is troublesome
captain e waves http://www.321gold.c...wave040620.html
any comments by the elliotticians on the board
thanks
dharma
