As, I said yesterday, this was what I was looking for. Gold got within spitting distance($1) of the 50 day and therefore has reached it’s target. It is a buy anywhere close and can resume rallying at any time. Silver could still fall to the 50 day near 23.35 but if gold breaks back above 1795 it would be time to buy.
Was just having some fun, there, Chartsmaster, but I appreciate your solid response. I’ve been on the sidelines for months (took me that long to lick my wounds) but on today’s drop I put 50% in. Now is the waiting time. Any weakness going forward I’ll add the other 50%.
I’ve been watching the strength in the stocks and the resilience of both precious metals. Also paying close attention to Rambus’ buys. He sees the big move coming, so the odds clearly are moving in gold’s and silver’s favor when you add it all up.
One other thing: money keeps flowing into these mining juniors. They seem to have zero problem getting financing, even the long long-shots. Yet another sign.
Nuclear also a good place to be putting your bets as there is a supply shortage and construction has been approved on a slew of new reactors around the world. Not in the USA, which has zero national energy policy, but as these other nations move to “zero emissions” the only path there runs right through the heart of nuclear.
Yeah buy now before it goes straight to the moon…LOL
Oh, you got me, right in the heart… 🙂
Oh and for some extra fun you could play DWAC and TSLA quite a bit of PHUN there…LOL
As, I said yesterday, this was what I was looking for. Gold got within spitting distance($1) of the 50 day and therefore has reached it’s target. It is a buy anywhere close and can resume rallying at any time. Silver could still fall to the 50 day near 23.35 but if gold breaks back above 1795 it would be time to buy.
Very little dip in miners so far.
Good observation. It shows you how strong they are and that this dip won’t go much further nor last for much longer.
Was just having some fun, there, Chartsmaster, but I appreciate your solid response. I’ve been on the sidelines for months (took me that long to lick my wounds) but on today’s drop I put 50% in. Now is the waiting time. Any weakness going forward I’ll add the other 50%.
I’ve been watching the strength in the stocks and the resilience of both precious metals. Also paying close attention to Rambus’ buys. He sees the big move coming, so the odds clearly are moving in gold’s and silver’s favor when you add it all up.
One other thing: money keeps flowing into these mining juniors. They seem to have zero problem getting financing, even the long long-shots. Yet another sign.
Nuclear also a good place to be putting your bets as there is a supply shortage and construction has been approved on a slew of new reactors around the world. Not in the USA, which has zero national energy policy, but as these other nations move to “zero emissions” the only path there runs right through the heart of nuclear.