The GOLD scream room
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- buddtholomew
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Re: The GOLD scream room
Fuck yeah, finally!!
Re: The GOLD scream room
That was a fast move up 1800 to 1900 in less than a month.
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Re: The GOLD scream room
Aem, nem, sbsw, etc.
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Re: The GOLD scream room
Now that gold has broken out, it's time to take money out of the safe harbor of the pp and put it to work.
- Cortopassi
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Re: The GOLD scream room
My prognostication, Ukraine deintensifies yet again, and the markets go way green tomorrow and gold goes back to being unloved, at least for a day or two.
That has been SOP for years. Sure, it could change today.
That has been SOP for years. Sure, it could change today.
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Re: The GOLD scream room
That's of no consequence as gold / gdx has breaken out.
- Cortopassi
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Re: The GOLD scream room
Broken out of what? It was over $1960 in 2020?
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Re: The GOLD scream room
Another chart to consider
https://twitter.com/graddhybpc/status/1 ... 4Kq6w&s=19
https://twitter.com/graddhybpc/status/1 ... 4Kq6w&s=19
- Cortopassi
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Re: The GOLD scream room
Murph, being a big time gold owner since 2008, I would like nothing better, but gold always digests gains, which it now seems to be doing. It seems exceedingly rare to have multiple up days in a row.
- Cortopassi
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Re: The GOLD scream room
And while I sometimes think tech analysis and charting have some value, if gold drops tomorrow, the line will be redrawn like below, and your breakout moves to summer.
And there was also I'm sure a previous chart that connected these two tops...so your breakout should have happened ~Nov 2021.
Just sayin
And there was also I'm sure a previous chart that connected these two tops...so your breakout should have happened ~Nov 2021.
Just sayin
- Mark Leavy
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Re: The GOLD scream room
Thank you for the reminder, which should temper my enthusiasm for precious metal sector at the moment
Re: The GOLD scream room
I always have the opposite reaction when gold moves sharply. I get nervous. It feels like plate tectonics. It's so big and such an unseen part part of humanity. When it moves everyone is going to feel it.
- Cortopassi
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Re: The GOLD scream room
Wow. Well, I think we can all say we are happy to be owning some gold recently...
- dualstow
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Re: The GOLD scream room
There once was a fellow named Putin
He oft had a craving for lootin’
I wish I’d bought gold
When the war was still cold
Alas, he has started a-shootin’
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Re: The GOLD scream room
Come for the investment commentary, stay for the poetry!
- Cortopassi
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Re: The GOLD scream room
If anyone didn't expect this, you haven't been tracking gold long enough.
- dualstow
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Re: The GOLD scream room
The Nasdaq is up 1%. The market is far more resilient these days.
No flight to quality, no long-term climb for gold. Well, there’s a slow climb.
No flight to quality, no long-term climb for gold. Well, there’s a slow climb.
Re: The GOLD scream room
I must have this watch.
MB
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www.allterraininvesting.com
Ruby on Rails rules all
www.allterraininvesting.com
Re: The GOLD scream room
Nice - that’s my new favorite watch
- Cortopassi
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Re: The GOLD scream room
I am imagining all the newbie gold owners going, wait, what the hell, a country was invaded and gold is down?
Re: The GOLD scream room
Yikes! I am much more comfortable when gold moves slowly over the course of years. I don't think we are going to have that luxury in 2022.Cortopassi wrote: ↑Fri Feb 25, 2022 9:12 am I am imagining all the newbie gold owners going, wait, what the hell, a country was invaded and gold is down?
Re: The GOLD scream room
This part in bold is a big reason why the naysayers, well, nay. They don’t get that currency crises arise from seemingly out of nowhere and transpire extremely quickly. They simply aren’t captured in most traditional return data sets used by the likes of Morningstar etc.
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
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- vnatale
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Re: The GOLD scream room
Smith1776 wrote: ↑Fri Feb 25, 2022 7:52 pm
This part in bold is a big reason why the naysayers, well, nay. They don’t get that currency crises arise from seemingly out of nowhere and transpire extremely quickly. They simply aren’t captured in most traditional return data sets used by the likes of Morningstar etc.
75806B68-B497-4FC6-9BB6-514DD9231AC8.jpeg
Obviously from Dalio's book?
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."