Don't think you could get a better buy signal for gold stocks than that.
You might be correct.
Posted 29 December 2021 - 12:43 PM
Don't think you could get a better buy signal for gold stocks than that.
You might be correct.
Posted 29 December 2021 - 12:50 PM
Hi Chili, not familiar with your bottom study which looks like some kind of oscillator. You could argue that it has room to the upside rather than it showing divergence, i.e., it isn't overbought.
Posted 29 December 2021 - 01:13 PM
Hi Chili, not familiar with your bottom study which looks like some kind of oscillator. You could argue that it has room to the upside rather than it showing divergence, i.e., it isn't overbought.
That's stocks above their 50 day moving average for the GDX
Posted 01 January 2022 - 01:55 PM
Posted 05 January 2022 - 01:51 PM
Posted 06 January 2022 - 12:44 AM
Posted 08 January 2022 - 03:40 PM
"That leaves the Fed and Treasury with a dangerous dilemma: allow asset prices and the economy to implode, which will certainly fix the inflation problem; but will most likely lead to a depression. Or, try and pull the economy and assets higher by once again borrowing and printing multiple trillions of dollars, which will send the rate of inflation skyrocketing from its 40-year high. That will risk destroying confidence in the USD and any faith that remains in the bond market. Therefore, the stock market and economy would collapse anyway as inexorably rising inflation pulls yields on sovereign, municipal and corporate bonds ever higher."
https://pentoport.co...to-in-the-news/
which one they choose will determine how low or high GOld goes IMO.
Posted 10 January 2022 - 03:13 PM
Posted 14 January 2022 - 11:33 AM