https://secureservercdn.net/192.169.220.85/9p0.61f.myftpupload.com/wp-content/uploads/2021/07/huixau_w.png great chart
gld above 200dma
dharma
Posted 29 July 2021 - 10:56 AM
https://secureservercdn.net/192.169.220.85/9p0.61f.myftpupload.com/wp-content/uploads/2021/07/huixau_w.png great chart
gld above 200dma
dharma
Posted 29 July 2021 - 02:17 PM
retail investors are all in the broad market
is robin hood going public the same thing as time/newsweek showing a raging bull on the cover of their latest issue?!!!!!
dharma
Posted 29 July 2021 - 02:21 PM
My trend projections for gold and gold stocks still stands for a high in late August, possibly around the 20th. I also have high trends for later in the year but need to do more work on that.
Posted 29 July 2021 - 04:01 PM
My trend projections for gold and gold stocks still stands for a high in late August, possibly around the 20th. I also have high trends for later in the year but need to do more work on that.
August 20th is 10 years from the orthodox EW gold peak 8/22/11.
Posted 29 July 2021 - 05:18 PM
My trend projections for gold and gold stocks still stands for a high in late August, possibly around the 20th. I also have high trends for later in the year but need to do more work on that.
August 20th is 10 years from the orthodox EW gold peak 8/22/11.
Eric Hadik was saying before that August time frame could be significant high for this bull market, maybe even the end of it, but Marty Armstrong thinks 3-4 thousand by 2024 which I posted before.
Edited by Russ, 29 July 2021 - 05:19 PM.
Posted 29 July 2021 - 06:19 PM
My trend projections for gold and gold stocks still stands for a high in late August, possibly around the 20th. I also have high trends for later in the year but need to do more work on that.
August 20th is 10 years from the orthodox EW gold peak 8/22/11.
Eric Hadik was saying before that August time frame could be significant high for this bull market, maybe even the end of it, but Marty Armstrong thinks 3-4 thousand by 2024 which I posted before.
Do you know what Armstrong's current position on gold is?
Posted 29 July 2021 - 11:45 PM
My trend projections for gold and gold stocks still stands for a high in late August, possibly around the 20th. I also have high trends for later in the year but need to do more work on that.
August 20th is 10 years from the orthodox EW gold peak 8/22/11.
Eric Hadik was saying before that August time frame could be significant high for this bull market, maybe even the end of it, but Marty Armstrong thinks 3-4 thousand by 2024 which I posted before.
Do you know what Armstrong's current position on gold is?
No sorry I am not sure, I don't subscribe to him but I think the 'next best trade' guy does. Sometimes you can find interviews on youtube where he throws a bone to the great unwashed though.
Posted 30 July 2021 - 06:47 AM
Armstrong GDX reversal numbers (copied from Armstrong and Socrates traders site on Facebook) show that for the monthly close today 37.07 is an important bullish reversal level if I am reading this correctly.
Edited by Russ, 30 July 2021 - 06:48 AM.
Posted 30 July 2021 - 08:55 AM
https://finance.yaho...-221800312.html
Not trying to pimp this particular stock, but this has been a common theme so far during Q2 earnings for gold miners. Most the companies have planned for gold sub 1500 and how to at least maintain current dividends in a low price gold environment. But at 1800+ a lot of these companies are able to finance CAPEX, increase dividends, and in the case of AUY start buying back common shares while also increasing dividends. Fundamentals are lining up here, as long as the technical picture for gold remains strong. GL and as Señor says: do your own due dilligence.
Posted 30 July 2021 - 10:19 AM
i have turns the 4-6 of august
i believe we have a run . the big inverse h&s pattern says to me the down side is limited and we could new highs fairly soon
i am not in hadiks camp, as he sees the gold bull market ending in august. i do see the 8yr cycle coming into play w/a high this year
then 1yr -2yrs of consolidation before the parabolic. folks this monetary madness does not end w/a whimper . there will be alot of fear.
look at the fear that has been created by covid which is very contagious but has a fairly low death rate . remember 9/11 w/the planes flying into the
world trade center every few minutes you turned on your tv
miners which are cash cows now, will be the darlings
dharma