AGQ
Looking for my first entry into AGQ.
Any opinions on what price? At market, today?
Better vehicles?
Thanks in advance.
GL
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You can buy now but watch the SLV chart
if the bottom line goes…get out
http://schrts.co/bHQUBeBH
Thanks Sir Fully.
Or, may be, buy now, and cost avg down if the bottom line on SLV goes out?
What does Sir Plunger opine?
GL
My Cycle work shows that Gold & PMs are moving into their next 5-6 month Intermediate Cycle Low (ICL). If correct, Silver should at least test its 50ma near the 22-23 level in late September to mid-October.
Wise wisdom Surf. I have tried to leave breadcrumbs. I challenge anyone to show us where a gold index triples in 5 months and then just resumes climbing. The only time that occurs is in the last year of the bull market. This is not the last year of this bull market.
😉
Don’t do AGQ now. You can always add on a break out to new highs or buy the dip Surf and others are calling
Yes, after some thought, have held off today. Still have zero AGQ.
BTW, nice out-performance by Auryn Gold today!
Fully has a good point too. 🙂 I am looking at SILJ, GDXJ and the candle today looks like another shorter term bottom. Hard to play this chop fest
Dear Sir Silverhawk,
Here’s what Dr Rambus advised earlier today 🙂
https://goldtadise.com/?p=474958
GL
I disagree.
This is a valid flag here and now
What is wrong with this as a half way pattern ?
http://schrts.co/DTtaFrjJ
Time, from a Cycles standpoint, argues against an upside breakout. Nothing is absolutely certain in markets, but it is getting quite late in Gold’s Intermediate Cycle to be betting heavy on the long side.