gold now!
#21
Posted 04 October 2013 - 11:23 AM
#22
Posted 04 October 2013 - 11:44 AM
tell is slv?
Perhaps the big gap and fib support Silver has reached....
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#23
Posted 04 October 2013 - 12:03 PM
http://stockcharts.c...80906009058.png
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#24
Posted 04 October 2013 - 12:23 PM
http://bigcharts.mar...&mocktick=1.png
Edited by Russ, 04 October 2013 - 12:26 PM.
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#25
Posted 04 October 2013 - 04:35 PM
#26
Posted 07 October 2013 - 10:35 AM
that is how i am counting it and this is a wave 2. and the fibs so far seem to support that . silver should take over the lead. i read over the weekend, the platinum miners in SA are going to strike.not highly confident but I thought the new rally high in gold early on may have completed 5 up from 1276, if correct this should be a near term correction that ends aroung 1300, that of course is "if" the five up count is correct, we see
Senor
here is the gann guys presentation on gold/silver http://www.ganngloba...cfac263e84696b3
dharma
some thoughts
Sprott Resources has teamed up with the largest Chinese Gold miner, Zijin Mining, to form a global mining fund with an initial target of $500 Million in acquisitions. $500 Mln could easily take a few of the better advanced-stage deposits off the market.
And on Sept. 6, China announced that it's all ready to make oil trades using the Yuan rather than the U.S. dollar with any nation caring to do so... the Dollar has since fallen from 81.467 to 79.73. And on the following day, Sept. 7, China made an agreement with Russia that it can buy all the oil it desires from Russia without any limitations using the Yuan instead of the Dollar..
gold stock volumes have been collapsing on this decline
eg
There's 15-20% short interest in many names... an example would be ANV with 20.1% of the shares shorted and that percentage probably grew since last week.
china shanghai opens today after being closed last week
even though this is the indian festival buying season, i think it could very well be muted due to the bankster attacks
Edited by dharma, 07 October 2013 - 10:40 AM.
#27
Posted 07 October 2013 - 12:21 PM
that is how i am counting it and this is a wave 2. and the fibs so far seem to support that . silver should take over the lead. i read over the weekend, the platinum miners in SA are going to strike.not highly confident but I thought the new rally high in gold early on may have completed 5 up from 1276, if correct this should be a near term correction that ends aroung 1300, that of course is "if" the five up count is correct, we see
Senor
here is the gann guys presentation on gold/silver http://www.ganngloba...cfac263e84696b3
dharma
some thoughts
Sprott Resources has teamed up with the largest Chinese Gold miner, Zijin Mining, to form a global mining fund with an initial target of $500 Million in acquisitions. $500 Mln could easily take a few of the better advanced-stage deposits off the market.
And on Sept. 6, China announced that it's all ready to make oil trades using the Yuan rather than the U.S. dollar with any nation caring to do so... the Dollar has since fallen from 81.467 to 79.73. And on the following day, Sept. 7, China made an agreement with Russia that it can buy all the oil it desires from Russia without any limitations using the Yuan instead of the Dollar..
gold stock volumes have been collapsing on this decline
eg
There's 15-20% short interest in many names... an example would be ANV with 20.1% of the shares shorted and that percentage probably grew since last week.
china shanghai opens today after being closed last week
even though this is the indian festival buying season, i think it could very well be muted due to the bankster attacks
si amigo and "so far" it looks good but I need to stress that IMO there are NO EXCUSES here and I mean NONE as I currently see the wave count. Prices are either embarking on a rally to at least the 1450 area or if they undego a decline below 1300 the gates open wide IMO for a rapid descent to 1179 and maybe much lower, so I am bullish against 1300 but really do not want to see a decline below 1310, I think she goes norte but we will know very soon IMO
BSing away
Senor
#28
Posted 07 October 2013 - 12:33 PM
that is how i am counting it and this is a wave 2. and the fibs so far seem to support that . silver should take over the lead. i read over the weekend, the platinum miners in SA are going to strike.not highly confident but I thought the new rally high in gold early on may have completed 5 up from 1276, if correct this should be a near term correction that ends aroung 1300, that of course is "if" the five up count is correct, we see
Senor
here is the gann guys presentation on gold/silver http://www.ganngloba...cfac263e84696b3
dharma
some thoughts
Sprott Resources has teamed up with the largest Chinese Gold miner, Zijin Mining, to form a global mining fund with an initial target of $500 Million in acquisitions. $500 Mln could easily take a few of the better advanced-stage deposits off the market.
And on Sept. 6, China announced that it's all ready to make oil trades using the Yuan rather than the U.S. dollar with any nation caring to do so... the Dollar has since fallen from 81.467 to 79.73. And on the following day, Sept. 7, China made an agreement with Russia that it can buy all the oil it desires from Russia without any limitations using the Yuan instead of the Dollar..
gold stock volumes have been collapsing on this decline
eg
There's 15-20% short interest in many names... an example would be ANV with 20.1% of the shares shorted and that percentage probably grew since last week.
china shanghai opens today after being closed last week
even though this is the indian festival buying season, i think it could very well be muted due to the bankster attacks
si amigo and "so far" it looks good but I need to stress that IMO there are NO EXCUSES here and I mean NONE as I currently see the wave count. Prices are either embarking on a rally to at least the 1450 area or if they undego a decline below 1300 the gates open wide IMO for a rapid descent to 1179 and maybe much lower, so I am bullish against 1300 but really do not want to see a decline below 1310, I think she goes norte but we will know very soon IMO
BSing away
Senor
did buy some NUGt with tight stops, will likely exit very fast on any modest decline from here, will only hold position if we have a good strong close.
Senor
#29
Posted 08 October 2013 - 10:54 AM
that is how i am counting it and this is a wave 2. and the fibs so far seem to support that . silver should take over the lead. i read over the weekend, the platinum miners in SA are going to strike.not highly confident but I thought the new rally high in gold early on may have completed 5 up from 1276, if correct this should be a near term correction that ends aroung 1300, that of course is "if" the five up count is correct, we see
Senor
here is the gann guys presentation on gold/silver http://www.ganngloba...cfac263e84696b3
dharma
some thoughts
Sprott Resources has teamed up with the largest Chinese Gold miner, Zijin Mining, to form a global mining fund with an initial target of $500 Million in acquisitions. $500 Mln could easily take a few of the better advanced-stage deposits off the market.
And on Sept. 6, China announced that it's all ready to make oil trades using the Yuan rather than the U.S. dollar with any nation caring to do so... the Dollar has since fallen from 81.467 to 79.73. And on the following day, Sept. 7, China made an agreement with Russia that it can buy all the oil it desires from Russia without any limitations using the Yuan instead of the Dollar..
gold stock volumes have been collapsing on this decline
eg
There's 15-20% short interest in many names... an example would be ANV with 20.1% of the shares shorted and that percentage probably grew since last week.
china shanghai opens today after being closed last week
even though this is the indian festival buying season, i think it could very well be muted due to the bankster attacks
si amigo and "so far" it looks good but I need to stress that IMO there are NO EXCUSES here and I mean NONE as I currently see the wave count. Prices are either embarking on a rally to at least the 1450 area or if they undego a decline below 1300 the gates open wide IMO for a rapid descent to 1179 and maybe much lower, so I am bullish against 1300 but really do not want to see a decline below 1310, I think she goes norte but we will know very soon IMO
BSing away
Senor
did buy some NUGt with tight stops, will likely exit very fast on any modest decline from here, will only hold position if we have a good strong close.
Senor
possible 5 up in XAU and HUI, still long NUGT and using HUI 221.50 as my exit level, if bullish this mining stock pullback needs to end very soon and turn strongly higher, muy importante trading here
Senor
#30
Posted 08 October 2013 - 11:10 AM