Re: The GOLD scream room
Posted: Thu Feb 17, 2022 10:47 am
Fuck yeah, finally!!
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The GOLD scream room
https://www.gyroscopicinvesting.com/forum/viewtopic.php?t=4654
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Re: The GOLD scream room
Posted: Thu Feb 17, 2022 2:37 pm
That was a fast move up 1800 to 1900 in less than a month.
Re: The GOLD scream room
Posted: Thu Feb 17, 2022 3:00 pm
Aem, nem, sbsw, etc.
Re: The GOLD scream room
Posted: Thu Feb 17, 2022 3:02 pm
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.
Re: The GOLD scream room
Posted: Thu Feb 17, 2022 4:06 pm
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.
Re: The GOLD scream room
Posted: Thu Feb 17, 2022 4:09 pm
That's of no consequence as gold / gdx has breaken out.
Re: The GOLD scream room
Posted: Thu Feb 17, 2022 6:42 pm
Broken out of what? It was over $1960 in 2020?
Re: The GOLD scream room
Posted: Thu Feb 17, 2022 7:25 pm
Re: The GOLD scream room
Posted: Thu Feb 17, 2022 7:42 pm
Another chart to consider
https://twitter.com/graddhybpc/status/1 ... 4Kq6w&s=19
https://twitter.com/graddhybpc/status/1 ... 4Kq6w&s=19
Re: The GOLD scream room
Posted: Thu Feb 17, 2022 10:01 pm
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.
Re: The GOLD scream room
Posted: Thu Feb 17, 2022 10:08 pm
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
Re: The GOLD scream room
Posted: Thu Feb 17, 2022 10:31 pm
Thanks corto. I found this handy guide to interpret your chart.
- dem bones.png (406.63 KiB) Viewed 8413 times
Re: The GOLD scream room
Posted: Fri Feb 18, 2022 8:38 am
Thank you for the reminder, which should temper my enthusiasm for precious metal sector at the moment
Re: The GOLD scream room
Posted: Fri Feb 18, 2022 11:33 am
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.
Re: The GOLD scream room
Posted: Thu Feb 24, 2022 8:10 am
Wow. Well, I think we can all say we are happy to be owning some gold recently...
Re: The GOLD scream room
Posted: Thu Feb 24, 2022 9:02 am
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’
Re: The GOLD scream room
Posted: Thu Feb 24, 2022 12:12 pm
Come for the investment commentary, stay for the poetry!
Re: The GOLD scream room
Posted: Thu Feb 24, 2022 1:13 pm
If anyone didn't expect this, you haven't been tracking gold long enough.
Re: The GOLD scream room
Posted: Thu Feb 24, 2022 1:34 pm
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
Posted: Thu Feb 24, 2022 4:55 pm
I must have this watch.
- 8E8A193C-C348-4A23-AB28-9AB5380F2539.png (3.98 MiB) Viewed 8181 times
Re: The GOLD scream room
Posted: Thu Feb 24, 2022 8:54 pm
Nice - that’s my new favorite watch
Re: The GOLD scream room
Posted: 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
Posted: Fri Feb 25, 2022 9:38 am
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
Posted: 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 (2.64 MiB) Viewed 8044 times
Re: The GOLD scream room
Posted: Sat Feb 26, 2022 12:15 pm
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?