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we either have a wave 1 of a new bull market or more backing and filling


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#4641 Smithy

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Posted 29 March 2024 - 09:50 AM

Thanks, Senor



#4642 K Wave

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Posted 29 March 2024 - 09:56 AM

Silver actually in the process of clearing the last big swing high against Swissy...

 

This looks Sooooo ready......just needs a spark

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4643 dougie

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Posted 29 March 2024 - 03:53 PM

where to draw the DT line on Silj weekly?



#4644 dougie

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Posted 29 March 2024 - 07:00 PM

it is said that solver versus gold breaks out AFTER Silver makes its own breakout



#4645 K Wave

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Posted 30 March 2024 - 07:29 AM

G/S...Hang 'em High?? 

 

89+ is historically a very high level...So now we see if this monthly Hangin' Man that just showed up does the trick

 

IF...they can get G/S back under 89 PDQ, very good possibility the Silver outperformance begins in earnest as early as next week

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4646 K Wave

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Posted 30 March 2024 - 07:47 AM

AEM already took out the swing high.....nice increase in relative strength on that one... could be a good one along with WPM when things really get underway.

 

 

RGLD also perkin' up...trying to emerge from multi-year high flag...so much better action than the big losers GOLD (the Barrick one) and NEM

 

 

 

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4647 K Wave

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Posted 30 March 2024 - 07:55 AM

PLG could be interesting one if PL can get back above 920...

 

Starting to look possibly bottomy....but you have to deal with a country where the inmates are running the asylum right now....total clown world in SA, and not sure that it does not get much much worse before it gets any better.

 

 

 

 

 

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4648 Smithy

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Posted 30 March 2024 - 09:10 AM

Gold seasonals (MRCI) are up to April 11th. That would be the inverse of Russ' low date.



#4649 Smithy

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Posted 30 March 2024 - 09:19 AM

I'm not seeing forecasts to this effect but to me the future looks like constant grinding inflation across the board.

Reminiscent of the 70's.



#4650 senorBS

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Posted 30 March 2024 - 02:59 PM

AEM already took out the swing high.....nice increase in relative strength on that one... could be a good one along with WPM when things really get underway.

 

 

RGLD also perkin' up...trying to emerge from multi-year high flag...so much better action than the big losers GOLD (the Barrick one) and NEM

 

 

 

 

 

AEM been my number one individual miner to own for quite a while now, said that many times here and remains my largest position

 

Senor