15 look at Silver
Posted 26 January 2022 - 09:38 AM
Posted 26 January 2022 - 09:39 AM
Gold is bullish April onwards. OI is increasing
Posted 26 January 2022 - 10:14 AM
New note from Jeremy Grantham on "the most dangerous breadth of asset overpricing in financial history. If valuations across asset classes return even two-thirds of the way to historical norms, U.S. wealth losses will be on the order of $35 trillion."
https://www.gmo.com/...d-rumpus-begin/
dharma
Posted 26 January 2022 - 10:20 AM
I certainly don't expect much before Fed runs its mouth....
After that, things could change dramatically with big wedgie ready to break....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 26 January 2022 - 10:55 AM
Kwave, thoughts on bitcoin? I'm long.
Posted 26 January 2022 - 11:00 AM
1.24 Hurst update on SPX Bitcoin Gold...Gold at 20 minute mark
gold..looking for a peak Mar/Apr time frame
donc
Posted 26 January 2022 - 11:00 AM
From Armstrong
Be mindful that with a Panic Cycle next week, it remains possible that penetration of this week's low could result in the March low I warned about at the WEC. At the very least, this could push the DOW lower into the week of February 28th. A weekly closing BELOW 34005 would warn that a test of the 26760-25700 level becomes a possibility. A reaction low appears to be 2 to 3 months which means we could see February as the lowest monthly closing and March as the intraday low.
We need to close the week above 35172 to imply a temporary low for now. A closing below 34870 for this week will keep the market in a vulnerable position. A weekly closing above 1876 in Nearest Gold Futures will also warn of geopolitical uncertainty ahead.
Posted 26 January 2022 - 11:21 AM
just look at oil it is on a mission towards 100 methinks
Posted 26 January 2022 - 11:35 AM
on the hourly charts i see 5 waves up on gdx, this all is a wave2 correction.
https://galacticupdates.com/wp-content/uploads/2022/01/2022jan26big1.png there is talk of lowering the gold import tax again, its obviously quite bullish for gold if it happens,it makes gold less expensive for indians to buy
dharma