BIG PICTURE GOLD CHART
QUARTERLY LOG CHART
If you are NOT a Long Term Gold Bull….You are a MORON
when this breaks out it’s going to RUN !
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is that an investments advice or an opinion?
It’s the Fully jinx!!!
IT’S A FACT
IF YOU ARE LONG TERM BEARISH YOU ARE A MORON
LOOK AT THIS CHART
LONG TERM BEARS ARE EXTINCT
AT THE TURN OF THE CENTURY 23 YEARS AGO GOLD WAS ` 250 NOW 2000
23 YEARS BEFORE THAT IT WAS 100
UP 2000% IN 46 YEARS
….ONLY A MORON WOULD HAVE BET AGAINST IT .
IF YOU DONT HAVE PHYS AND ONLY HAVE FIAT …YOU ARE A MORON …
ESPECIALLY IN ANY OTHER CURRENCY ALL OF WHICH HAVE DEPRECIATED EVEN MORE VS GOLD !
In rear view, certainly.
Looking ahead, where’s your crystal ball?
Do you not have any takeaways from your ONLY indicator?
I have two. The massive divergence.
And the most recent fast below slow sell signal. One of the previous ones signaled trouble.
Its just ONE indicator, so if you have a more bullish one, its time to pull that out.
I removed the TSI indicator before your comment
Momentum indicators on a Quarterly chart ? Thats an oxy moron IMO
Useless as tits on a Bull
The price action says it all
there is ZERO bearishness on this chart…all it does is go up then pause then go up
10 period MA is positive over the 20 MA ..and both are supportive
Amen! You have explained it so even the deaf, dumb and blind should understand.
Mind your words Sir!
And moreover … your chart informs us that:
Since 1980-top; price ‘only’ doubled and such was 43 years ago
Since last 2011-mania-top, price barely moved and such was 12 years ago.
Moreover … Goldsbugs lead newbies into believing in the End of the Rainbow (gold-pot) as Gold ‘only goes up’ by luring them investing into PM-miners. Such investments over the last 30 years has been devastating for ANY Portfolio.
Moreover … I can make a case for Gold to test 1450 while Silver test 8-6.
Moreover … what is your age? How long have you been invested ‘in’ and you present a 55 year chart that not investing in ‘such chart’ is being a moron … suggesting to wait ‘what’? How many more years? 12, 30, 43 or 50 years? And then what; start living?
Having replied such … assuming you gave ‘opinion’ while disregarding chartists with ‘other opinion’ by calling them MORON makes you a WOKE GOLDBUG. Having said and presented MyCharts as my view, such … does not make me GOLD-BEAR as I consider myself a GOLD-BULL but there is a TIMING for everything.
Have a nice New Moon day.
Nicely said, Sir Nightingale.
Charts aside…all one has to do is observe what the BRICS are doing and you should be long gold.
The timing on this chart is decades…LONG term and the Vehicle is Physical Gold In HAND
I have been in since 1995 and did most of my buying in 99 to 02 or so
I have sold some to pay off a mortgage years ago and then bought some back at $1600isH
NEVER EVER REGRETTED HOLDING PHYS !
this is a 50 year quarterly chart …do you see any sign the price will drop from here to 1450 ?
I wouldn’t call people a moron for not being long gold. I would just call them ‘financially ignorant’. I would call anyone working in behalf of the federal reserve a moron. I would call our fake president a moron. I wouldn’t call anyone who took the jab a moron. I would just call them ignorant. I would call anyone supporting the current narrative a moron. I wouldn’t call anyone eating pop tarts for breakfast a moron. I would just call them health ignorant. I could go on and on but I’ll stop there.
IN MY EXAMPLE MORON REFERS TO ANY “INVESTOR” WHO IS NOT LONG TERM BULLISH …ANYONE WHO TRADES MARKETS AND IS ONLY IN FIAT AS IT MARCHES TO ITS REAL VALUE OF ZERO ….ANYONE WHO CALLS THEMSELVES A GOLD BUG BUT SITS AND FRETS ABOUT IT DROPPING ALL THE TIME AND THEREFORE NEVER ACCUMULATES PHYS…IS…BY DEFINITION AND FROM THIS CHART…A MORON
NOBODY HERE OF COURSE …WE ALL HAVE PHYS FIRST…RIGHT ?
HAVING SAID THAT MY HEIRS WILL PROBABLY SELL AS SOON AS THEY GET THEIR HOT LITTLE HANDS ON IT…SO I THINK I’LL SELL IF I AM LUCKY ENOUGH TO GET A 2 MINUTE WARNING FOR MY DEMISE ( FIGURATIVELY) AND DONATE THE PROCEEDS TO THE DONKEY SANCTUARY
Very nice rising diagonal you show there Sir Fully. Traditional analysis says that if the price breaks the upper line we should see a significant move upwards. Thanks for the long term view.
Yup. “if”
Meanwhile, $$$ is being made in other places, hand over fist. Always a bull market somewhere…like oil services.
Rambus loaded up on gold/silver stocks this afternoon. If that’s a sign of anything…