1. Same story, different day...........year ie more of the same fiat floods the world
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  3. Week of 6/24/2017 Closing prices & Chg Over Last Wk---- Gold $1256.40 Silver $16.64 Oil $43.01 USD $96.94
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Charts from the Lunatic Fringe.

Discussion in 'PM Trading/Stocks/Technical Analysis' started by Zed, Oct 21, 2014.



  1. Zed

    Zed Size doesn't count! Midas Member

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    OK... thanks. Obvious to you maybe but I've not looked that far into it to be sure of these things.
     
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  2. solarion

    solarion Gold Member Gold Chaser Site Supporter

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    I don't mean to seem insulting, it's just these same conversations have been hashed and rehashed. I did post a link and even took the time to add up all the bitcoin addresses with the largest balances until I got to just under 96%, but I was then told that the link didn't work even though I've no difficulty with it then or now.
     
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  3. louky

    louky Silver Member Silver Miner

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    What conversations? There's been none here to my knowledge.

    Did you cover the fact that 1,000 people own 40% of bitcoin?
     
  4. louky

    louky Silver Member Silver Miner

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    Litecoin up 100% lol
     
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  5. bemac

    bemac Midas Member Midas Member

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    Damn I REALLY considered buying some of that @ $8.
     
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  6. solarion

    solarion Gold Member Gold Chaser Site Supporter

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    "Here"? ...meaning this thread or GIM2? Are you requesting assistance with using google? ...GIM2's search functions?
    Did I "cover" it? No, I "covered" what was posted. I'm a private individual...not associated press. This was posted and I offered guidance:
    If fans of collectivist policies are displeased with their perceived "distribution of bitcoin wealth" then they should just avoid bitcoin.
     
  7. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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  8. hernancortes

    hernancortes Gold Member Gold Chaser

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  9. louky

    louky Silver Member Silver Miner

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    Lol

    [​IMG]

    So from last Feb to now. Can it still be this easy/obvious all these months later?

    [​IMG]
     
    Last edited: Dec 13, 2017
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  10. louky

    louky Silver Member Silver Miner

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    1238 today was fib bounce

    [​IMG]
     
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  11. louky

    louky Silver Member Silver Miner

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    Didnt get that final flush I expected. Only in partial miners positions. I think buy dips now.
     
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  12. louky

    louky Silver Member Silver Miner

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    Maybe still

    [​IMG]
     
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  13. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    After two weeks of strong selloffs, has gold bottomed leading into today's Fed rate hike announcement?

    11:38 AM

    With the mania of Bitcoin taking the spotlight, even so much so that CNBC has virtually dedicated the entire week to talking about the cryptocurrency, gold appears to have been relegated to the back shelf, seeing a series of selloffs and dumps that has taken it below its 200 day moving average.

    But with the past couple of days having gold hold onto a tight range between $1238 and $1247, has the precious metal price bottomed out as the world awaits Janet Yellen's swan song call of a new interest rate hike?


    [​IMG]
    Chart courtesy of Silver Doctors

    We may well have just seen the bottom in gold and silver yesterday:

    That is not to say we can’t take another trip down, and the move faded overnight.

    The significance of today cannot be understated.

    Today is December FOMC day. In 2015, silver bottomed two days before this day, and in 2016, silver bottomed six days after.​

    In other words, we either saw the bottom yesterday, or we are very near the bottom right now. – Silver Doctors

    Perhaps in about 20 minutes we will find out the answer to this question
     
  14. louky

    louky Silver Member Silver Miner

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    Gold 1258

    We now have target 1269

    Done deal.
     
    Last edited: Dec 13, 2017
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  15. Zed

    Zed Size doesn't count! Midas Member

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    Gold looks good for a week or two.
     
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  16. louky

    louky Silver Member Silver Miner

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    So far so good, target approaching
     
  17. louky

    louky Silver Member Silver Miner

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    USDCAD up .6%, so gdx/gdxj action was actually bullish at -.36 and -.25 today
     
  18. savvydon

    savvydon Gold Member Gold Chaser

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    Cot report was impressive today. Another huge turnaround with specs going short and commercials becoming less so. Definitely has the look of a possible spec short squeeze forming with potential upside to PMs.
     
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  19. Zed

    Zed Size doesn't count! Midas Member

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    It's due, over due even... on the charts and seasonally speaking. So yeah... but, you know, when I see it, weary and all that!
     
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  20. Zed

    Zed Size doesn't count! Midas Member

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    BTC volume falling again, normally not a good sign but last time this happened it shot up.
     
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  21. perry

    perry New Member

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    BTC will make the Winklevoss twins extremely wealthy if this thing can't be regulated other than paying capital tax gains. Can they be the first trillionaires? Right now they are single digit or double digit billionaires and I bet they won't document it.
     
  22. louky

    louky Silver Member Silver Miner

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    1269 target stands of course, we don't miss, but be aware

    121 x 10.5ish

    [​IMG]
     
    Last edited: Dec 18, 2017
  23. louky

    louky Silver Member Silver Miner

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    buy the dips i think
     
  24. stonedywankanobe

    stonedywankanobe Gold Member Gold Chaser

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    Hey Lou I'm working up a chart on how bad the Razorbacks are going to wreck Kentucky on the hardwood this year. Bake it!
     
  25. Zed

    Zed Size doesn't count! Midas Member

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    Aussie gold stock portfolio having a good day. +3% with ~ 2 hours to trade. Santa rally is here....
     
  26. savvydon

    savvydon Gold Member Gold Chaser

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    Pretty solid day for the gold stocks up this way as well... for a change.

    C’mon Santa!:gold:
     
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  27. louky

    louky Silver Member Silver Miner

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    silver, bottom of the box is 16.29
     
  28. louky

    louky Silver Member Silver Miner

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    looks like it already hit 1268.8

    [​IMG]
     
  29. louky

    louky Silver Member Silver Miner

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    below 1254.60 opens the trap door

    [​IMG]
     
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  30. louky

    louky Silver Member Silver Miner

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    When gold hits 1269 tomorrow, you'll see claims it's because of bitcoin selling. Of course we know better. Target here days ago ;)
     
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  31. Zed

    Zed Size doesn't count! Midas Member

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    I used to know better, but now I know better!
     
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  32. Zed

    Zed Size doesn't count! Midas Member

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    BTC testing that 10 day MA
     
  33. louky

    louky Silver Member Silver Miner

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    I'm sure ya'll see bonds crashing......oh, and target hit :)

    [​IMG] ...
     
  34. louky

    louky Silver Member Silver Miner

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    50% fib hit

    [​IMG]
     
  35. louky

    louky Silver Member Silver Miner

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    check out the 61.8, good spot for roll over maybe?

    1269
    1278
    1287
    1296
     
  36. louky

    louky Silver Member Silver Miner

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  37. louky

    louky Silver Member Silver Miner

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    Gold/GDX didn't hit the suggested upside levels a few weeks ago, so hopefully not the down side either, but just sayin'
     
  38. louky

    louky Silver Member Silver Miner

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    Haha, just saw this
     
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  39. louky

    louky Silver Member Silver Miner

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    Closed on 1269 next day, so weird, ya know?
     
    Last edited: Dec 20, 2017
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  40. bemac

    bemac Midas Member Midas Member

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    Tax bill passing is inflationary, no?
     

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