1292 replies to this topic

[dharma]

http://www.321gold.c...llan080520.html   interesting relationship

gann guy

http://www.ganngloba...98a0b8cac0e9c09

 

good to see you stu, hope all is aok in your neck of the woods

i see this as the wave of recognition, and i believe we are still in 3of 3  wave 5 of that. then 4of 3  as i said above. 

or if we finished as you/senor suggest . then the next wave will be an extension.  which i give a lower probability

dharma

i still think miners are undervalued. 1900s gold in 11 vs 2k here miners are alot lower!

Edited by dharma, 05 August 2020 - 11:00 AM.

[stubaby]

http://www.321gold.c...llan080520.html   interesting relationship

gann guy

http://www.ganngloba...98a0b8cac0e9c09

 

good to see you stu, hope all is aok in your neck of the woods

i see this as the wave of recognition, and i believe we are still in 3of 3  wave 5 of that. then 4of 3  as i said above. 

or if we finished as you/senor suggest . then the next wave will be an extension.  which i give a lower probability

dharma

i still think miners are undervalued. 1900s gold in 11 vs 2k here miners are alot lower!

The miners will show their hand during this upcoming Wave 4 correction in Gold by showing relative strength vs Gold - that will be the trend-change confirmation and could look and feel like 2010-11 for small cap miners during the move up in Wave 5 to follow

[CHAx]

 

PL 2 hour still looks to be the chart to watch there...

 

If the real launch is coming on PL, about here is where it should begin.....

 

 

I love it when a plan comes together.

 

 

Congrats Im sure you picked up a lot of points on this one!  I also grabbed some PL contracts on Friday's close, but coughed them up yesterday afternoon.  Hah wish I had a bit more conviction, tough when the volatility is 5%+ per day.

[dharma]

 

http://www.321gold.c...llan080520.html   interesting relationship

gann guy

http://www.ganngloba...98a0b8cac0e9c09

 

good to see you stu, hope all is aok in your neck of the woods

i see this as the wave of recognition, and i believe we are still in 3of 3  wave 5 of that. then 4of 3  as i said above. 

or if we finished as you/senor suggest . then the next wave will be an extension.  which i give a lower probability

dharma

i still think miners are undervalued. 1900s gold in 11 vs 2k here miners are alot lower!

The miners will show their hand during this upcoming Wave 4 correction in Gold by showing relative strength vs Gold - that will be the trend-change confirmation and could look and feel like 2010-11 for small cap miners during the move up in Wave 5 to follow

 

that is exactly my deliberation.  i think miners could go higher while gold corrects. it seems like we at least have an intraday correction going on right here right now

dharma

[K Wave]

Any one see something along these lines, as a possibility for SLV going forward?

 

[dharma]

Any one see something along these lines, as a possibility for SLV going forward?

 

yup , not sure it will be  a W but could be . yes

dharma

[AChartist]

Yes according to weekly cycles,

unless this clears 27.5 with a correction holding 23.5 instead of the larger correction

that you show

 

Any one see something along these lines, as a possibility for SLV going forward?

 

[gannman]

Well I say this is still 1 of iii of 3. I don't think we have entered the crazy cray stage yet we will I want to see that 200 dollar up day it's coming

[dharma]

@ some point we are going to have a correction, its healthy, its part of the process.  there are 2 things that have caught my attention:

1    for the last several months ,  deliveries on the comex have been increasing.  comex made an agreement w/london , if they want/need the gold they can take it/borrow it from london.   seems to me there may be a short squeeze developing.(heads up)

2 since i dont see gold being sent from switzerland to india , i thought  india has been quiet. well that is not the case , the indian market has moved to almost entirely black market mode.   normally when the price moves up , they wait , adjust to the new price and come back in. that has not been the case. they have been steadily in the market . the strong part of the buying year is coming up w/the indian festival season so demand will be there

the complex remains strong and well bid for physical . will the banksters be squeezed? are they being squeezed?

also  note dba has moved off the base on the bottom. i have thought late august is when this market should start to move i have done several purchases in the base. mcClelland s piece was interesting to me

dharma

[dougie]

Miners flagging while metals soaring. Not ST bullish is that?