Loading ...Divergent Signals…go with price
Ok, can’t draw it on yahoo charts, guess I’m too old and stupid to figure it out, but look at the price. Higher lows, in last couple months. Look at MACD, lower lows even with price not following. That’s a good sign that we may be near the end of this consolidation, or at least are in the back part of this. One of Sprott’s favorite picks by the way, at least it was a couple of months ago.
Can anyone recommend a service that has great charts and allows you to load your portfolio into it, and also tracks your overall allocation to each stock as a percentage of your portfolio. Don’t want to pay more than $20 a month, but would like to get this service before gold and silver takes off again. Hard to keep track of it when you have 6 separate accounts……
Now this is a leader stock, but GDX shows the same story except price for GDX is about the same for the last two lows. But, MACD is not confirming.
You should be buying PM stocks you love at this point as I believe the sale will be over soon. Good luck Tenters.
I still think we’re at least a month to a month and a half away from a good time to buy. I have a little bit in each of my favorites including Hycroft, but will be adding in around a month or less if gold and silver really seem like they’re on the move up. They don’t seem to be yet, from what I can tell. I Am Gold(IAG) has been beaten down savagely for some unknown reason. From here, the rise should be 40%. I sold nearly all right before the beat down. Yikes!
I think you’re correct Marcus….. another month at least .
Or, so we pray.
Sure, Gary, bald guy money, some others saying that. I think if the war ends soon, you’ll see a reaction sooner rather than later. And because everyone thinks gold will sell off on peace, it will go up.
Sprott owns 40% of Hycroft.
One that has me salivating is ERO (copper/gold). Down to $26 from a high of ~$40. When the market it turns, I want to be loooooonnnggggg! DYODD.
DD and others say watch copper jrs … copj … they dumped the most as most speculative. lowest on totem pole but with most to recover if bull thesis remains.
Thanks. FCX seems a bit pale by comparison, chart wise.