OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Farmboy, FYI, PMs Market Thoughts Here

Posted by Mr.Copper @ 15:56 on August 16, 2016  

I think we are past due for another leg up to new highs re bullion and shares. Gold peaked July 6 and 8th. Little pennant formation showing. Usually they break out violently up or down.

Another thought, maybe the Dow SnP were giving PMs a tailwind, that may be ebbing.
Also possible rotation going on from the best performers (500% ytd) to the lagging ones only 150-200% up.

Dollar breaking down nicely, 94.6 now, was over 100 late 2015, may give us the violent up-side move if it drops lower which I think is the right path.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.