Loading ...Wait For It- Check Your Charts & Buy The Dips
Two weeks ago from today the banksters orchestrated their massive takedown of gold and silver. Those lowpoints for both metals marked the bottoms. Gold has had a steady, if unspectacular rally since and after today’s nice pop should spend the rest of this week pulling back to support, Silver on the other hand had it’s test of the low all last week and if you bought on Friday congrats to you on nailing the optimum entry point. Silver too, will have some pullback during this week (see Mortdiggity’s post regarding timing). FGC can break out the picture of the Bottomz Inn. The bottoms are in for the metals. The miners have to be looked at individually but most will follow the trajectory of the metals.
Gold should make it to 1808-1815 before it has it’s pullback. Not sure yet on Silver.
Same story. Gold jumps, then goes back down. Suckering in the hopefuls.
That’s my read MJ. Same on his tech post. I have FNGU on another unfolding buy signal this week. Overall, I see no willingness or ability to distinguish dead cats from trend moves. Nor acknowledge of persistent miscalls. An Unrelenting attitude can be a virtue, but not when “Selling” others on market moves.
At some point, esp. when $ does reverse back down, PMs should rally. That might even be reasonably close at hand.
You two trolls should start a club. I don’t sell anything to anyone. Still waiting for either of you to post something of value on your own.
FWIW
I support CM in any and all of his “Calls”
He posts what he believes and he has had some big hits and some misses…like all of us mortals
I also support good natured hones rebuttals and dialogue
We are all on the same team