2512 replies to this topic

[senorBS]

took 2/3 of logs off during todays bounce, might go flat by the close, a TRADER is all I am here

 

Senor

held my remaining longs, very modest position, looks good today "so far" as we have Fed time a little later. Charts IMO look as good as anytime on the past few yrs for a good trading low given the technical divergences and a possible BIG ABC decline ending from last years huge August FIVE up high from March 2020 crash lows. Does not mean it will bottom here but IMO all the necessary ingredients are being seen, that being said I am keeping long positions on the light side at this time, as always DYODD

 

Senor

[linrom1]

Looks bad for GDX

[senorBS]

been buying in last 15 minutes as I see a lot of potential hourly and daily 4/5 subdivisions ending into new decline lows this morning, we see, bot rather aggressively doubling position to 30% long, I remain a TRADER here, as always DYODD. KL remains a TOTAL STUD

 

Senor

[Smithy]

Spot gold kissed 1750 and bounced. I'm probably out of longs below that.

[gannman]

the xle and the oil stocks is the play imho i think they are starting a wave 3 up

[tradesurfer]

Gold looks like it it big trouble here to me... not sure why silver not following.

 

I guess the USA could default on its debt and lead to a mini deflationary meltdown... that maybe what the metals are smelling...

 

All hands on deck ! SOS !

[linrom1]

Relative to price decline, miners are bullish. Bought NEM.

[dougie]

platinum. one word

[senorBS]

CRYPTO/BITCOIN: China makes it illegal, will other countries eventually follow? If Cryptos get destroyed will some of that money flow back to gold/miners? Interesting juncture 

 

Bitcoin ($BTC USD) News: China PBOC Says Crypto-Related Transactions Illegal - Bloomberg

 

Senor

[senorBS]

platinum. one word

"Bullish' the word? Looks like 5 up to me off recent 901 low, also the decline from Feb's1337 high could be an ending/ended abc down into that 1901 low - that's my preferred count, we see

 

Senor