By Avi
While the initial move down in GDX was a 3-wave structure, I have to say that a corrective rally will have me seriously looking at protective puts, as this could be a leading diagonal down.
Posted 25 January 2022 - 11:02 AM
By Avi
While the initial move down in GDX was a 3-wave structure, I have to say that a corrective rally will have me seriously looking at protective puts, as this could be a leading diagonal down.
Posted 25 January 2022 - 11:49 AM
the time segmented volume on gld, slv and rgld all looks good fwiw
Posted 25 January 2022 - 01:16 PM
jeremy grantham “Good Luck! We all need it.” In his interview, Grantham specifically recommended investing in precious metals. "Avoid US equities and emphasize the value stocks of emerging markets and several cheaper developed countries, most notably Japan. Speaking personally, I also like some cash for flexibility, some resources for inflation protection, as well as a little gold and silver."
Jeremy Grantham says it the following way, "The final feature of the great superbubbles has been a sustained narrowing of the market and unique underperformance of speculative stocks, many of which fall as the blue-chip market rises. This occurred in 1929, in 2000, and it is occurring now."
this is very significant for the metals he is a main stream guy and up until this point, to my knowledge , he has stayed away from the pms
dharma
Posted 25 January 2022 - 01:49 PM
thanks dharma i think gld has a real chance to run here it is breaking thru the down trend line from the aug 2020 top
so if it holds at these levels i think we can see a quick 200 dollar move fwiw
Posted 25 January 2022 - 03:09 PM
here is hadik starts at about 11min https://mail.google.com/mail/u/0/#inbox/FMfcgzGmtXLVdhTSKGVHHzHQPKtPQPdD 1/2hr interview
enjoy
dharma
Edited by dharma, 25 January 2022 - 03:09 PM.
Posted 25 January 2022 - 03:47 PM
By Avi
While the initial move down in GDX was a 3-wave structure, I have to say that a corrective rally will have me seriously looking at protective puts, as this could be a leading diagonal down.
BS, why not sell. I doubt that he owns it.
Posted 25 January 2022 - 04:05 PM
Why beat the dead horse to death? I see it as an ABC up with the C leg as a diagonal, that means all she rode." But who knows?
Edited by linrom1, 25 January 2022 - 04:07 PM.
Posted 25 January 2022 - 04:18 PM
This turd has made new low, who knows how low this is going? Curiously, the CEO is one of the smartest cookies in the business.
Edited by linrom1, 25 January 2022 - 04:19 PM.
Posted 25 January 2022 - 06:59 PM
This turd has made new low, who knows how low this is going? Curiously, the CEO is one of the smartest cookies in the business.
what is a turd to you looks like silver to me