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golds next leg higher


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#31 dougie

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Posted 24 March 2020 - 01:56 PM

does paltinums outsized move here mean anything?



#32 dharma

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Posted 25 March 2020 - 10:22 AM

the board is dead, which is interesting we went from 1450 to 1700 in 7 trading sessions

the government and fed are going to print insane amounts of money.  

got pms. 

dharma

not inspired to post if  few if any are not posting.



#33 Smithy

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Posted 25 March 2020 - 10:31 AM

dharma, would u be willing to share where else you are posting?



#34 senorBS

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Posted 25 March 2020 - 11:41 AM

the board is dead, which is interesting we went from 1450 to 1700 in 7 trading sessions

the government and fed are going to print insane amounts of money.  

got pms. 

dharma

not inspired to post if  few if any are not posting.

 

What else to do but hold long gold/miners? We IMO just had our equivalent 2008 smash in gold/miners that ended in late Oct 2008 and IMO has ended in the miners. Wave wise IMO many HUGE wave 2 declines completed, I simply held and while it "hurt" look where we have already rallied back to, looking for a similar (at least rally phase compared to the huge int,. term/couple yr moves off 2008 lows. Love the HGNSI -22% stat you posted. 

 

Senor



#35 dharma

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Posted 25 March 2020 - 12:35 PM

 

the board is dead, which is interesting we went from 1450 to 1700 in 7 trading sessions

the government and fed are going to print insane amounts of money.  

got pms. 

dharma

not inspired to post if  few if any are not posting.

 

What else to do but hold long gold/miners? We IMO just had our equivalent 2008 smash in gold/miners that ended in late Oct 2008 and IMO has ended in the miners. Wave wise IMO many HUGE wave 2 declines completed, I simply held and while it "hurt" look where we have already rallied back to, looking for a similar (at least rally phase compared to the huge int,. term/couple yr moves off 2008 lows. Love the HGNSI -22% stat you posted. 

 

Senor

 

good to hear from you i wondered if something happened to you.  yes, i have this feeling  that 1 our rights are going to go out the window 2 gold/silver/miners/ platinum are going to go through the roof . there are huge premiums at coin dealers if you can get supply and w/swiss refiners closing on the 29  it will make fizz difficult to come by.    

i dont know, but i am feeling jupiter going into capricorn w/mars and saturn on the 31 is going to trigger a big up move ,its a guess that and the bus fare will get you on the bus

dharma

smithy i was invited on the board some of the folks and the leader i have been posting w/since 2k  everyone on it has been invited.  so i c. ant help you there the guy recommended ng @.13 and now he is a big bull on nsrpf . i have to say quentin hennigh is either a tremendous sales man , or he is quite the geologist. he was head geologist at newmont. but i am hyped on the stock too. and so far i am at a loss



#36 goldfungus

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Posted 25 March 2020 - 01:01 PM

 

the board is dead, which is interesting we went from 1450 to 1700 in 7 trading sessions

the government and fed are going to print insane amounts of money.  

got pms. 

dharma

not inspired to post if  few if any are not posting.

 

What else to do but hold long gold/miners? We IMO just had our equivalent 2008 smash in gold/miners that ended in late Oct 2008 and IMO has ended in the miners. Wave wise IMO many HUGE wave 2 declines completed, I simply held and while it "hurt" look where we have already rallied back to, looking for a similar (at least rally phase compared to the huge int,. term/couple yr moves off 2008 lows. Love the HGNSI -22% stat you posted. 

 

Senor

 

Welcome back. Yep, that was brutal. Wave 2... I love it!



#37 senorBS

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Posted 25 March 2020 - 01:14 PM

From late Oct bottom in 2008 GDX (and others) more that doubled by mid Dec 2008, heck GDX bottomed near 16 recently and a double gets it to 32.50 area and we are now above 26. Ultimately from the Oct 2008 lows we had a very large rally phase into the 2011 highs and most miner stuff had at least quadruples from Oct 2008 lows. Given what we are seeing from the Fed/stimulus stuff etc, things IMO have a decent chance to happen faster and have higher percentage moves, we see

 

Senor



#38 jabat

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Posted 25 March 2020 - 01:24 PM

Cd langley ST E waves chart

 

Silver looking VERY encouraging as 5 up developing off the low, but it needs a bit more upside to confirm that.  This would validate a lasting low in silver if we can hit 15.50+

QSIPrimaryAnalysisMar251039AM1hour.png


#39 jabat

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Posted 25 March 2020 - 01:26 PM

Gold ST chart by Cd langley

 

Even though an ICL is due in 1-2 months in gold, I'm open to it being sooner.  The price action just seems to imply that it is preparing to go higher sooner rather than later.  So I definitely want to be ready for this.

Starting to layer in 2021 Leaps.

This is my preferred count at the moment, but I have to see if 1540 will hold before breaking out.  This count implies over 2k gold this year.  That's a wave 1 of 5 top we just had recently.... so this is a count I had previously if one remembers.

QGCPrimaryAnalysisMar250632AM1hour.png


#40 gannman

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Posted 25 March 2020 - 02:57 PM

the stocks i like the best here are au nem and wpm fwiw 


feeling mellow with the yellow metal