1292 replies to this topic

[K Wave]

SLV 3 min time frame finally reclaimed by bulls, after 15 min time frame held solid on Friday.

 

As long as it remains above 25 now, long bias is the way to go.

 

Back below 25 again would be major short term warning now....

 

[dharma]

1963 https://gracelandupd...4funhouse1.jpeg

after being a participant in the 70s gold bull and the 2k gold bull market  i decided on this bull ,no trading but riding only. so that is my strategy. and will be until we are well into the parabolic'   few can trade. kwave and senor maybe 2. we shall see. they both post their trades.  the pgms are starting to become steeds, they are being pressed by folks taking delivery. same thing happened w/gold and england stepped in.  most of the worlds supply comes from s/africa. its why i have bought  shares of producers.  the pgms are going to rip at some point. gdxj: sp    https://pbs.twimg.co...ng&name=900x900

the fed meets wednesday

dharma

bill holter

https://palisaderadi...ystem-collapse/

Edited by dharma, 14 September 2020 - 09:54 AM.

[ryanoo]

1963 https://gracelandupd...4funhouse1.jpeg

after being a participant in the 70s gold bull and the 2k gold bull market  i decided on this bull ,no trading but riding only. so that is my strategy. and will be until we are well into the parabolic'   few can trade. kwave and senor maybe 2. we shall see. they both post their trades.  the pgms are starting to become steeds, they are being pressed by folks taking delivery. same thing happened w/gold and england stepped in.  most of the worlds supply comes from s/africa. its why i have bought  shares of producers.  the pgms are going to rip at some point. gdxj: sp    https://pbs.twimg.co...ng&name=900x900

the fed meets wednesday

dharma

bill holter

https://palisaderadi...ystem-collapse/

Wow! minimum wage surged 1400%! 

But the house price rose only 60-fold, lol!

[ryanoo]

and this will be the recognition wave. when  gold gets to  2100 and is not going back

 

big money will come in and the volume will go up 

the institutions may be accumulating since before the buffet news? maybe they are holding it down until they have enough position to show their shareholders.

[gannman]

ryanoo right now this is as close to a gimme trade as we ever get low risk imho 

 

this is going to be fun

[gannman]

we are looking at a minimum of about 70 on gdx that is a long way to go 

[dharma]

the patterns are quite bullish. we have a close above 1954  which is encouraging.  w/the fed this week volatility  reigns supreme

the market feels somewhat skiddish

dharma

[ryanoo]

gannman, i am ready. it's been consolidating for a while now and i think it will start the next upleg here.

also it's tricky near the end of w2 or w4, only super nimble and super accurate traders can handle, and much better to stay put for me.

[gannman]

no reason to trade out of this one my friend we are going to make a lot of money 

[dougie]

PVG just made ATHs