Loading ...Reasons To Be Bullish
- Fed Balance Sheet v Gold
2. Gold/Silver Ratio still high and has a long way to fall
3. Gold Mining Index – Bollinger band width indicates a large move ahead. At the start of each large move down, the money flow index was at, or close to the red line. Unsurprisingly that isn’t the case at the moment. We are still languishing at historically low values. If a large move is coming, which direction looks the most likely ?
You make a great case Northstar,
Thanks
Its a tricky time isn’t it ? There are convincing arguments for both bull and bear outcomes.
Thanks Northstar.
That third chart is a wowzer!
We won’t be bimbling around much longer, me thinks.
If a chart could talk…that one would be saying ‘buckle up’ 😉
NS
I’ve always wondered what you trade or invest in? Futures, PM’s long term short term?
Just an observation you chart $US Gold and the DXY exclusively?
Yet you are from the UK?
I’m from Canada and invest in PM’s and the list of miners I invest in is getting real short and the length of the positions even shorter, NG, Copper & Base Metals are my new interest…..what is your play NS?
Just a question to understand your focal point with the DXY and $US Gold. Never any charts of ABX or Lonmin?
I assume you are LT PM’s? just an assumption? The DXY seems to be your focus?