Loading ...Rambus Knows Gold
I’m Tellin Ya
This is a must read piece on what an impulse move in Precious Metals can do to you if you are not aware !
Been there Done That
“Since it’s the end of the week below is the weekly combo chart which shows the 2016 bullish falling wedge with the classic H&S bottom that formed at the fourth reversal point. If one just focuses in on the minute and very short term daily charts they can panic you out of a perfectly good trade. One really needs to know what their time frame is and how they want to play the PM stocks. Most say they are in for the long haul but that is much easier said than done especially if you just look at the short term charts.”
For Members
Great advise!!!
Which one to sub Rambus or Spock if one can afford only one???
Thanks.
Rambus posts daily ….6 days a week.
Rambus can be paid monthly
Spock is great too, Posts weekly and is more of a niche ( Rock Portfolio as well s Global market analysis)
Spock is paid 6 Monthly.
Rambus hands down. I’ve subscribed to both for awhile. I stopped my Spock sub after he moved to his new Spock global format.
I will caveat that I think I will make more money from Spock’s subscription from his Spock rock portfolio than my time with rambus. But I need rambus more now that I’m already positioned in Spock’s miners.
I haven’t renewed to Spock for the last several months. I still hold all of his rocks and most of them have been doing really well.
I plan to go back, but have to say that the charting here and at Rambus has been such a huge help!
What I want to get back to with Spock is his buy and mostly sell recommendation. I’m not sure when I’ll finally quit holding my breath for a bull market, maybe 2000 gold? 🙂
Mr Spock does not always update much. He is presumably so very advanced into the future, researching innovation beyond innovation. Perhaps now he is exploring innovations advanced far beyond financing explorecos with cryptos, and will periodically come back to this galaxy to report to us in the present.
Most explorer/developers on their webpages update presentations in .pdf forms about once a month. On the Canamex (company associate with Spock) website today I see (July 27, 2019 11:15 a.m. EDT USA) https://canamexgold.com/presentation/
“January [sic] 2019 Corporate Presentation — Coming Soon”.
Disclaimers: I have subscribed to Mr Spock’s service since close to the beginning and may renew in about a month. I have sold many of the recommended stocks, but overall have done o.k.–also, one I sold a while back and bought back at a much lower price. There is one that has paid for the subscription many many many times over. As I’ve written before I wouldn’t be astonished if people who have held his old portfolio may end up looking like geniuses, though I think there might have been easier and less risky methodologies….
Karl, in retrospect, selling when the charts turned would have been the thing to do. But who knew if and when gold would go back up.
One of the indicators when we went in with Spock was that Plunger was skeptical of that being the bottom.
As of now, I figure if we get even half of what Spock led us with we’ll be in great shape.
I watch many of Spock’s rocks doing really well. I’m sure there will be some losers, but in a few months maybe we’ll be back where we got to in 2017.
When the bottom was depends on your time frame. I still see the bottom as being early 2016 (or from a longer term perspective around 2000). However we would have been smarter to have sold more earlier when things either went to high too fast in 2016 or when they backed off. Haven’t I read here somewhere that Plunger sees 2016 as “the bottom” too?
Again, just one of Spock’s picks has made the subscription incredibly worthwhile for me, and I have overall made significant money from the subscription, having started early in 2016–I felt bottom was in and was desperate for names of things to buy, having mistakenly sold too much in 2015.
In the past weeks/months I have bought more of that one that I learned about from him and another that he may or may not have recommended (I forget–I already owned it), as well as some others. So far so great in recent weeks with these, and some of the ones I never sold..) And, again, I suspect people who have held everything he recommended may end up doing really well. The fact is that when these things rise, even some of the worst ones rise too, if they aren’t bankrupt, and they can rise astonishingly fast.
However what I personally wish I had done much more of — and I think should have been encouraged rather than going off into Deep Space — is constant review of all of the holdings, paring down the ones with some combination of particularly bad charts or bad news releases or too little money in the treasury. I was too tranquil for too long, and did not sell some of the garbage until 2018 when I saw some great opportunities (opportunities included 1-3 of Spock’s better recommendations) and needed to raise cash for them. If I had sold some of the ones with the worst charts and the worst news and the worst finances even well after Au had come off its highs I would have been–well, golden. As it was, I did fine with Spock personally, though other peoples’ experiences may definitely have been far different.
Whoops didn’t read this before i wrote my reply. But ditto to what you said!
From Rambus…..”The bottom line is that GLD is the only one to have broken out of its massive 6 year H&S bottom so far.”
Making me still hold my breath!
I don’t subscribe to Spock or Rambus or anyone for that matter. I did take a small position in Canamex though. Could someone kindly inform me if Cananex is on Spock’s list?
I do not believe that I as subscriber should comment on specifics of the contents of the spock service or any service to which I might subscribe. However since companies commonly provide investors information about which analysts follow them, perhaps writing info@canamexgold.com might help.
As noted above I am somewhat curious about seeing an updated Corporate Presentation on the Canamex website. A Corporate Presentation sometimes includes such information.