Jordan did a good piece recently coining the phrase the “Bearish Gold Bull”

Its tough when you are a Gold Bull at heart ……to be bearish .

I really want Spock ,Norvast ,Graddhy, Surf and others to be right that the Bottomz Inn ,
and its time to buy cheap beaten down Miners for the long haul,
Damn the Torpedos……Dec 2015 was THE Bottomz Inn.

Gold 1050 ( from a high of 1920 ) was ENOUGH !
Silver 13.75 ( from a high near 50 ! ) was Enough !
HUI 99 ( from a high of 420 !) was ENOUGH !
GDXJ 15 ( from a high of ARE YOU SH!TT’N ME…. 145) was E efen N O U G H !

But Rambus and Plunger have compelling charts too.

So….Its hard being a Bearish Bull.

I wanna be a Bullish Bull already

sheesh .

This is so complex…maybe that’s why we call it the Precious Metals Complex.

Well then you just want to simplify this ….just One Chart to watch…which one would you pick ?

Ah :The Golden Triangle 20 Year Monthly

Look at the perfect Geometry…

We study geometry all day every day here and we make it Soooooooooo Complex.

Well here is a pattern painted so simply by Mr Market that the mind boggles

Look at the 90% Angle at the top and those 45% angles it the bottoms.

It looks like a kite. All we need is some strong wind and it will soar.

But if things get calm it will succumb to gravity.

Sure is a beautiful Triangle though.

.