JNUG pulled back to 8.53 on Monday and was quickly bought…And all this with the $ up a big .650–BOOYAH-!
https://finance.yahoo.com/quote/CDE/options?p=CDE&date=1552608000
He lost me at 15:30 because in his ignorance, like many before him, he equates the occult to evil. The occult is comprised of positive and negative, good and evil, white and black. Every priest and minister who has baptized a child (or adult) has practiced the occult. Every Catholic who has blest themselves with holy water has practiced the occult.
It boggles my mind how those who don’t know (and don’t know that they don’t know) place themselves in a position to “teach” others, and so to pass on their idiotic beliefs. Good grief!
A lot depends on whether the machines are bullish on PM metals….I think they are, so u will see all dips being bought, they don’t seem that bullish on the shares….yet…..but hopefully soon will be. They are bearish the SM, hence the scum are having a v hard time.
The averages might be giving clues as, most metal Av’s are now bullish all Av’s are bullish in AU, in AG only some and not by much, the long term 80 month and 65 week are still bearish….200 day bullish but v close at 15.346.
Interestingly in Hui all are still bearish and it is banging its head on the 200 day Av for the last 9 days, no close above yet and last at @ 162.00….this might well be why the shares are lagging the metals…..so far….these prices might be bargains very soon.
there is a gap there and consolidation on the move down. if the USDX breaks down, we could get there soon.
rno
So, GLD and SLV have broken above their 200 dma’s – RSI’s above 70 which usually means sell in pm’s.
Doesn’t necessarily mean they can’t go a lot higher with some backing and filling but?
RNO – you have a target of $11 for JNUG before a pullback. How do you get there? Not in a straight line I imagine.
AAPL going to take the Nascrack down hard tomorrow. I expect the punters will be punting everything tech tomorrow.
not really a bad day for the metals and some of the beaten up juniors.
Such a hard sector to predict these days
The scum still able to bring the SM back whenever they feel like it
Lotsa good TA and Fibonacci info to back up Mike’s opinions.
Put SLV +10% and GLD +6% on the same chart to see it.
Not time to get giddy but …………….. 🙂
Look for a correction at $11.00. Hopefully not too far down.
rno
They started rolling over in 2015, but after Trump started campaigning they got a couple more good years. But they suddenly totally lost the 2018 gains or they would have gotten three more good years.
$Gold past 5 mo. http://schrts.co/zv17Lw
$Gold from late 2015 bottom. http://schrts.co/tPLn5U
$Gold back to 1974. Note the “run” starting after 9/11/01. Then accelerating after the 2008 crash. The reversal of globalization was after 9/11/01 and confirmed after the ’08 meltdown. The bozo bankers lost control imo. They have been winging it for a long time, on the defensive. Reacting to growing problems.
https://www.mrci.com/pdf/gc.pdf
JNUG pulled back to 8.53 on Monday and was quickly bought…And all this with the $ up a big .650–BOOYAH-!
https://finance.yahoo.com/quote/CDE/options?p=CDE&date=1552608000
and therein lies the problem…
We get a slew OR run of days where gold goes up $2-3 a day then have a day where gold goes down $20 and wipes out all the gains.
I hope I’m wrong but that’s what it feels like is coming.
With NEM, that is the perfect to manipulate the GDX and $HUI, who really knows what the hell they’ll do with that pig?
A mate said today, the problem with Gold is that everyone expects it to drop $ 20 at any time, so no-one is long.
and of course the shares are helping that thinking…..like why did NEM drop 2 % tdy and then come right back ?????
Tks for the Video…..he talks far too much sense to be listened to by anyone in the EU, so will be happily ignored, until the lights go out !!!!!
Is this the end of the beginning? Is the Gold Beast waking and stretching?
Silver is strengthening!
Who would have thought?
Macron needs to meet treefrogs guillotine! 🙂
Could be a sketchy day in pm’s although they are holding up well considering the USD strength. Time to be a bit Neutral?
Thoughts?
Martin Armstrong On The Coming Mini Ice-Age
https://www.zerohedge.com/news/2018-12-31/martin-armstrong-coming-mini-ice-age
(Edited)