Loading ...Chartmaster’s call
Damn, this was quite a call, pretty bold statements:
“By tomorrow’s close we should see the beginning of the breakout and confirmation of whether I am correct or not will show up next week. Upward march in March.”
“We should see signs of strength today, (LEAP DAY) building to a crescendo on Friday.(March 1st) As the calendar flips to March on Friday, the breakout should be obvious, with a follow thru next week.”
“The bottom is in. Gold & Silver are higher from here. The only questions are how high, how fast and how long the bull market lasts?”
Based on today’s action and this arm wrestling, I decided to change few of my bottom fishing stink bids into buy orders. This way I have something in PF if PM’s decide to run up from here.
Chartmaster, what was your reason for so bald call yesterday? Just based on charts?
High five to PK for his chart and flagging potential break out yesterday as well! We have some smart posters here.
P.s. some charts do looks like this could be a potential bottom. Producers and near producers sure are oversold and cheap
https://stockcharts.com/h-sc/ui?s=EXK&p=W&b=4&g=0&id=p17269318121
https://stockcharts.com/h-sc/ui?s=ASM&p=W&yr=3&mn=0&dy=0&id=p66489570180
Don Duret and his “Mormons” (marry several and just hold)
And this are his top 9 – all 20-25 bagers (his estimate) if/when gold hit 3k and silver $200
He’s been calling for the beginning of a new silver bull for at least 3 years. Eventually something sticks, broken clock phenomena.
Yes, I have thought like many others it would have happened by now. That is why it doesn’t always show up in the charts when a market is as manipulated and held down by the entire US govt. and banking cabal. What has been occurring during these three years as I have been trying to explain is that things have changed. In the case of silver it was the exchange for physical and the taking of delivery in London and draining the Comex. Those things don’t show up in the charts. At least I explain, can see a potential bottom in the charts as I expressed yesterday and have explained for the last few months how a breakout would likely occur. Thanks for the kind words, Sir Buck. Appreciate the objectivity compared to critics and those who couldn’t find a bottom in a nudist colony.
Congratulations on your awesome call, Sir CM !
Don’t forget Fullgoldcrown…I get an assist …I told CM he was Nutz and There was No evidence
Wrong way Fully to the rescue
You’re Welcome !
🙂
Yes, yes, sorry I forgot! Without you calling him out, nothing would happen!
Credit, where credit is due!
😉
It was a great call. The negativity in the comments and the PM miners in general was a good contrary indicator signaling a buying opportunity. Sell some when there is too much optimism and slowly build your stack over time.