1426 replies to this topic

[dharma]

hourly divergences, doing some nibbling . my dates are the 10-14

1716 holding. love the doubts coming into the markets. its what is supposed to happen

senor, when majors have to sell for 4% yields it is screaming something , in a 0% interest environment

i like kl, i just wonder what eric is doing w/the company. he has not appeared on his radio weekly show for the last couple of months

so no longer know his thoughts.
platinum and silver  are screaming buys imo. hard to find commodities selling below their 1980 highs silver and  sugar is the other one that comes to mind. we are going to see bouts of deflation also.  along w/bouts of stagflation.   nothing so far is out of the ordinary.  gave the #s for this price cycle.  one thing is for sure  the dollar is going to lose pp. in all seasons. 

dharma

Edited by dharma, 01 March 2021 - 03:58 PM.

[dougie]

HOW LOW can she go?

[senorBS]

hourly divergences, doing some nibbling . my dates are the 10-14

1716 holding. love the doubts coming into the markets. its what is supposed to happen

senor, when majors have to sell for 4% yields it is screaming something , in a 0% interest environment

i like kl, i just wonder what eric is doing w/the company. he has not appeared on his radio weekly show for the last couple of months

so no longer know his thoughts.
platinum and silver  are screaming buys imo. hard to find commodities selling below their 1980 highs silver and  sugar is the other one that comes to mind. we are going to see bouts of deflation also.  along w/bouts of stagflation.   nothing so far is out of the ordinary.  gave the #s for this price cycle.  one thing is for sure  the dollar is going to lose pp. in all seasons. 

dharma

agree, we now have a string of 1-12 hr divergences in gold into the 1706 overnight low and are "coiled" big time IMO, like what I see for at least a good near term low being put in place, as always DYODD

 

Senor

[senorBS]

 

hourly divergences, doing some nibbling . my dates are the 10-14

1716 holding. love the doubts coming into the markets. its what is supposed to happen

senor, when majors have to sell for 4% yields it is screaming something , in a 0% interest environment

i like kl, i just wonder what eric is doing w/the company. he has not appeared on his radio weekly show for the last couple of months

so no longer know his thoughts.
platinum and silver  are screaming buys imo. hard to find commodities selling below their 1980 highs silver and  sugar is the other one that comes to mind. we are going to see bouts of deflation also.  along w/bouts of stagflation.   nothing so far is out of the ordinary.  gave the #s for this price cycle.  one thing is for sure  the dollar is going to lose pp. in all seasons. 

dharma

agree, we now have a string of 1-12 hr divergences in gold into the 1706 overnight low and are "coiled" big time IMO, like what I see for at least a good near term low being put in place, as always DYODD

 

Senor

 

Looooooooking gooooooooood so far

 

Senor

[CHAx]

agree, we now have a string of 1-12 hr divergences in gold into the 1706 overnight low and are "coiled" big time IMO, like what I see for at least a good near term low being put in place, as always DYODD

 

 

 

Senor

 

 

I started building longs on /GC over night actually expecting more selling today.  I will add on weakness tonight if I see any. 

 

We may have put in the IT low last night.  Classic washout selling Friday, followed by low volume overshoot of Friday's high volume low.  It looks reasonable for a low.  Cautiously optimistic!

[dharma]

agree. too early for me to call a bottom.  dsi gold=14 same as yesterday. 10-14 is my date. but i am open . 1735 next resistance 1716 support 1754, 1773 ends the cycle.  seems to me the best value out there are gold/silver miners

buy the fishing rod, sell the rhino

dharma

[gannman]

looking at the chart of nem from early jan you could say it has completed 5 waves down for a c wave 

 

its a definite maybe

[Chilidawgz]

If the ten year yield has hit it's peak and stabilizes or retreats, we might have a low in gold. Rumors are the FED has stepped in to actively control the yield curve now, buying ten years. Doncha just love socialist/central planned government comrades?

 

[CHAx]

If the ten year yield has hit it's peak and stabilizes or retreats, we might have a low in gold. Rumors are the FED has stepped in to actively control the yield curve now, buying ten years. Doncha just love socialist/central planned government comrades?

 

 

Really demonstrates the temporary insanity of market participants.  The belief that "real rates" have been rising as a driver for institutional shorting on gold is literally crazy nonsense.  I get it, that it is working at this moment, but that trade is going to blow up in spectacular fashion over the coming years.  Not that any of this matters in the short to intermediate term.  Fundamentals, heh.

[CHAx]

Really demonstrates the temporary insanity of market participants.  The belief that "real rates" have been rising as a driver for institutional shorting on gold is literally crazy nonsense.  I get it, that it is working at this moment, but that trade is going to blow up in spectacular fashion over the coming years.  Not that any of this matters in the short to intermediate term.  Fundamentals, heh.

 

 

 

 

Just to clarify, I meant that none of my beliefs about the long term fundamentals matter, in the short to intermediate term.  And absolutely, the institutional selling and belief in 10yr rates and gold correlations DO MATTER, because they drive monetary flows.  The institutional flows in/out of gold definitely matter in the intermediate term!

Edited by CHAx, 02 March 2021 - 01:52 PM.