The GOLD scream room

Discussion of the Gold portion of the Permanent Portfolio

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ochotona
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Re: The GOLD scream room

Post by ochotona » Fri Feb 09, 2018 8:53 pm

PP67 wrote:This may to satisfy anyone here as well but here is some more food for thought...

https://www.bloomberg.com/news/articles ... s-sold-off
That's pretty sad if people are so highly levered that the first real correction in a while jams them up.
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Desert
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Re: The GOLD scream room

Post by Desert » Fri Feb 09, 2018 9:03 pm

ochotona wrote:
PP67 wrote:This may to satisfy anyone here as well but here is some more food for thought...

https://www.bloomberg.com/news/articles ... s-sold-off
That's pretty sad if people are so highly levered that the first real correction in a while jams them up.
Investors have very short memories.
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dualstow
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Re: The GOLD scream room

Post by dualstow » Sat Feb 10, 2018 7:29 am

Desert wrote: Investors have very short memories.
So true
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ochotona
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Re: The GOLD scream room

Post by ochotona » Sat Feb 10, 2018 10:02 am

Jesse Felder: Gold Fireworks on the Horizon

"The gold price has risen about 20% since I wrote “It’s Time To Get Greedy In The Gold Market” but it looks to me like it could now get really exciting for gold bulls.

On the weekly chart there is now a clear head and shoulders bottom pattern in play. A break above the neckline would confirm the pattern and project an eventual target near $1,650. There is also a very interesting price analog from 2008-2009 (hat tip, @ECantoni) that suggests this breakout could be imminent."
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Kriegsspiel
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Re: The GOLD scream room

Post by Kriegsspiel » Sat Feb 10, 2018 7:13 pm

You know, I've been seeing a belt whisker contraindicator for gold the past few weeks, but it hasn't triple nippled yet, I'm hoping the dandruff shakes off the head and shoulders for all us gold investors soon, know what I'm saying?
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dualstow
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Re: The GOLD scream room

Post by dualstow » Mon Feb 12, 2018 8:09 pm

O0
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PP67
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Re: The GOLD scream room

Post by PP67 » Tue Feb 13, 2018 1:47 pm

"A break above the neckline" sounds like a hanging of gold investors... not to be confused with the usual guillotine approach...
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Re: The GOLD scream room

Post by modeljc » Tue Feb 13, 2018 6:03 pm

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Re: The GOLD scream room

Post by dualstow » Wed Feb 14, 2018 2:33 pm

Gold's teasing us again today. O0
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Re: The GOLD scream room

Post by eufo » Wed Feb 14, 2018 8:13 pm

dualstow wrote:Gold's teasing us again today. O0
Don't worry, it'll lose all those gains at the open tomorrow and then chill all day to hold the loss.
Don't agree with me too strongly or I'm going to change my mind
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Re: The GOLD scream room

Post by technovelist » Wed Feb 14, 2018 11:58 pm

eufo wrote:
dualstow wrote:Gold's teasing us again today. O0
Don't worry, it'll lose all those gains at the open tomorrow and then chill all day to hold the loss.
I certainly hope so. I'm waiting for a sizable cashout to buy more!
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Re: The GOLD scream room

Post by buddtholomew » Fri Feb 16, 2018 1:09 pm

First hint of inflation and gold runs like a coward.
I’m even eating on a yellow plate at my favorite buffet.
Gold is leading stocks and bonds YTD, but International investments are the winner with the USD falling.
Gold is up 3+% but that’s not very much.
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