Contrarian Indicator?
He has been a gold bull for over two year,now he is saying to liquidate gold stocks and every gold/commodities related investements. (lots of PM analysts are saying the same thing)
Let’s hope this time he’s not right otherwise we’re screwed!
http://news.goldseek.com/CliveMaund/1544382510.php
Silver just made a higher high today and all I hear is crickets in here. Everyone including me is scared that this is another bull trap. I am more partially confident than not that this is the start of the stealth bull and the sentiment seem to confirm it.
Clive
Back in the Gold Bull Days we usd to call him Wrong Way Clive
Remember this guy…
It’s Feldman not Clive 🙂 From Gilligan’s Island.
Then again, maybe it is Clive!
Hey Hearst, I didn’t know that its possible to download pictures into the comment section. If pictures then charts too. Cool…
How did you do that?
Hearst is a Magician
🙂
every analysis sounds impressive,until reality proves it wrong.
his track record ,however,is not impressive at all.
Never follow gurus or any forecast, buy low, sell high. Last years every rally out of December low produced returns of 50%+ in GDXJ, these are facts, but only based on 3 years of data, time will tell if it works again, but looking at several gold stocks charts, only a return to gold price of $1300+, could spark nice rallies in these names.
Retail participation is VERY low in this rally, look at MUX, no action, typical retail stock.
Alex …you want to see a Retail Stock ?
Look at EXK TODAY
That one was THE leading Silver stock in the 2016 mania
It turns out I have the same gold price target as clive. Kinda funny.
Im looking at the intermidiate trend to change to get back in. Im shocked how week axu and mux are. I cant buy unless it has strength.
In 2008 Gold and stocks were in a bull market so it’s not surprising that gold declined with the stock market. If stocks go into a bear market in 2018-2019, why does it follow that gold, which has already been in a bear market since 2012 would follow? My reasoning is that the stock money has to go somewhere so why not gold or gold mining stocks? It’s a non sequitur, me thinks.