Goldtent TA Paradise

Sitting Patiently

1. Bikoo99 says:

   December 3, 2018 - 12:29 pm at 12:29 pm

   If your chart HUI turns out to be where can I send best bottle of Champagne???

   • Northstar says:

     December 3, 2018 - 1:38 pm at 1:38 pm

     If it proves accurate Bikoo, I’ll be at my new holiday home in fiji/Caribbean/South of France 😉

2. Alex33 says:

   December 3, 2018 - 12:59 pm at 12:59 pm

   Although such forecast sounds insane for most people on this forum, looking at GOLD/HUI charts and assuming in a gold BULL market ratio turns in favor of HUI, then we should return to the ratio we had in 2010/2011. This is because current profitability of gold miners is very low and should improve once gold is at 1500$+. I assume once the rally in gold is for real 0.25-0.3 HUI ratio should be feasible, after that the ratio should go to 0.4 hui/gold (ratio of 2011 gold top). In order to reach HUI levels of 1000+, we need a gold price north of 3000$. Although this looks still very far ahead, it is the same as the advance we had from 2000-2005 ($250-$700), so possible in current time frame from 2016-2022

   • Northstar says:

     December 3, 2018 - 5:08 pm at 5:08 pm

     Thanks for the comments Alex.

3. scofield says:

   December 3, 2018 - 2:04 pm at 2:04 pm

   Excellent charts Northstar. I am definitely in agreement.

   • Northstar says:

     December 3, 2018 - 5:07 pm at 5:07 pm

     Thanks Scofield

4. JSKauai says:

   December 3, 2018 - 4:43 pm at 4:43 pm

   SUNDAY SILVER SERMON
   http://www.321gold.com/editorials/rosen/rosen120318.pdf

   • Northstar says:

     December 3, 2018 - 5:06 pm at 5:06 pm

     Wow. That would be awesome.

5. Fullgoldcrown says:

   December 3, 2018 - 5:40 pm at 5:40 pm

   Geez can I join this party ?

   I brought a friend

   Have you all met Bo ?

   🙂

6. pedro_deleon says:

   December 3, 2018 - 8:12 pm at 8:12 pm

   I have monthly sell short setups maturing (and probably triggering) later this month for the metals and miners. (Essentially, bear flags about to bust.)
   Better have a backup plan on that tropical retreat.

7. red label says:

   December 3, 2018 - 8:18 pm at 8:18 pm

   I find it curious that PM investors seem to be in a continuous state of “if the gold price does this” or “if the USD does that”. The “it’ll happen one day” mantra? Maybe it will maybe it won’t? And how many would recognize it and have the where with all to make the ride? I think back to the previous “Death Cross” in Gold. How many just couldn’t come to grips with the scenario? Same with the little “Bull Run” in the $US how many followed the charts? How many are still so set in what they think “has to happen”?

   I’m following the charts fwiw

   GLTA

8. Tbone says:

   December 3, 2018 - 9:51 pm at 9:51 pm

   I see a backtest to 155 on hui on monthly, then pain… lots of pain. More like slow torture down.
   I guess I see a double bottom from 2016 being possible too. That would be extremely bullish.

   Make me a believer Bo.

9. JSKauai says:

   December 3, 2018 - 11:00 pm at 11:00 pm

   Here is an ode to a gold/silver bug…https://www.youtube.com/watch?v=ISxskvJ9FwI&start_radio=1&list=RDISxskvJ9FwI

10. Music Man says:

    December 4, 2018 - 1:30 am at 1:30 am

    Thanks for being steadfast, Northstar. You da man!?