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. bemac

    bemac Midas Member Midas Member

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    I need that dead cat to really bounce or I'll kill it.
     
    Zed and stonedywankanobe like this.
  2. louky

    louky Silver Member Silver Miner

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    As you can see, $6 is easy to reach after we break 16
     
  3. bemac

    bemac Midas Member Midas Member

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    $6 oz silver and fuck buying a house.
     
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  4. louky

    louky Silver Member Silver Miner

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    Something in the news? Wild market moves for this time of night....

    Oil
     
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  5. bemac

    bemac Midas Member Midas Member

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    Silver's up a clad nickel? WW3 starting?
     
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  6. louky

    louky Silver Member Silver Miner

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    You know it's just a matter of time before the fake news hits

    Just like brexit last year

    You think the wolves were chewing up this carcass for no reason at the lows this morning? Lmao

    [​IMG]
     
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  7. Zed

    Zed Size doesn't count! Midas Member

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    Nice, I see what you did there.
     
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  8. Zed

    Zed Size doesn't count! Midas Member

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    Well, Friday needs to be good to keep the weekly on track.
     
  9. Zed

    Zed Size doesn't count! Midas Member

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    US hedge fund hitting BHP hard, wanting to take it off the ASX .

    Some one thinks that this commodity bearishness is wrong.

    Inflation play?
     
  10. Zed

    Zed Size doesn't count! Midas Member

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    POG needs to go $22 north tonight. Not impossible.... but?! LOL
     
  11. louky

    louky Silver Member Silver Miner

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    Probably would be a dead cat bounce. Per block trades, but they opened the door to much lower.
     
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  12. louky

    louky Silver Member Silver Miner

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    Accumulation continues. I do think we get a bounce next week or so. Then probably crash through that trend line to lower


    [​IMG]
     
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  13. louky

    louky Silver Member Silver Miner

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    Going to sell the pop on remaining paper positions and re evaluate.

    Always long and strong the physicals of course. Will never sell most likely unless i'm in an unforseeable crisis
     
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  14. louky

    louky Silver Member Silver Miner

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    With 1251 gone, the base most likely down to 1197, probably even 1179.

    Just small pivot at 1215

    Cant be stubborn here.
     
  15. louky

    louky Silver Member Silver Miner

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    And there you go. Oil flush last night. Then erased.....
     
  16. southfork

    southfork Mother Lode Found Mother Lode

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    PPT
     
  17. louky

    louky Silver Member Silver Miner

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    Nope, time for a pop on the chart so they had to flush it first :)
     
  18. Nomis Elpmis

    Nomis Elpmis Minimalist Silver Miner

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    Gold and the Yen are correlating. Does this mean anything?
    goldyuen.jpg
     
    Last edited: May 5, 2017
  19. Zed

    Zed Size doesn't count! Midas Member

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  20. Zed

    Zed Size doesn't count! Midas Member

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  21. louky

    louky Silver Member Silver Miner

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    Normally very high correlation between the two. Lots of gold traders follow USDJPY (sushi) exclusively
     
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  22. louky

    louky Silver Member Silver Miner

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    Another you may find useful, USDCAD

    70% of miners canadian (GDX)
     
  23. louky

    louky Silver Member Silver Miner

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    it's going to be spectacular :)

    [​IMG]
     
    Last edited: May 5, 2017
  24. louky

    louky Silver Member Silver Miner

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  25. louky

    louky Silver Member Silver Miner

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    Yeah, i was loading up Oil stocks for that last hammer too
     
  26. louky

    louky Silver Member Silver Miner

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  27. louky

    louky Silver Member Silver Miner

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    [​IMG]
     
  28. Zed

    Zed Size doesn't count! Midas Member

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    Dunno... @ the mo its kinda looking like $15 & 1K are slipping back onto the table. Lets see who wins France.
     
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  29. Zed

    Zed Size doesn't count! Midas Member

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    Maybe if we all gave up and went long beenie babies... maybe then things will perk up?!
     
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  30. louky

    louky Silver Member Silver Miner

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    Yeah Zed, projecting out first of the year, that's what it looked like. Then hope and outside influences creep into the view.....creating a bias to the upside



     
    Last edited: May 6, 2017
  31. louky

    louky Silver Member Silver Miner

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    With 1251 gone, hopes of summer highs are gone and the path to lower is opened up, i'm sorry to say.

    I think the eventual path doesnt change, it just gets delayed. As long as gold holds up at 1179, that is.

    Then double top or slightly higher high is still on the table this year
     
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  32. louky

    louky Silver Member Silver Miner

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    1098

    1179-1188-1197

    1215 small pivot

    1251 pivot

    1269-78-87-1296

    As long as we're in this range, everything else is noise
     
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  33. louky

    louky Silver Member Silver Miner

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  34. louky

    louky Silver Member Silver Miner

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    Will look to sell my mining positions for a decent profit on this anticipated May pump and dump
     
    Last edited: May 7, 2017
  35. louky

    louky Silver Member Silver Miner

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    Follow blood trail til you see tha pack of wolves, then buy your ass off

    [​IMG]

    High odds of success
     
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  36. louky

    louky Silver Member Silver Miner

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    Target

    [​IMG]
     
  37. louky

    louky Silver Member Silver Miner

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  38. louky

    louky Silver Member Silver Miner

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  39. silverwood

    silverwood Silver Member Silver Miner

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    Woe is silver...maybe this can cheer you up?

    An Ode to the 800 pound Gorilla

    AS I PASS through my incarnations in every age and race,
    I make my proper prostrations to the Gods of the Market Place.
    Peering through reverent fingers I watch them flourish and fall,
    And the Gods of the Copybook Headings, I notice, outlast them all.

    We were living in trees when they met us. They showed us each in turn
    That Water would certainly wet us, as Fire would certainly burn:
    But we found them lacking in Uplift, Vision and Breadth of Mind,
    So we left them to teach the Gorillas while we followed the March of Mankind.

    We moved as the Spirit listed. They never altered their pace,
    Being neither cloud nor wind-borne like the Gods of the Market Place,
    But they always caught up with our progress, and presently word would come
    That a tribe had been wiped off its icefield, or the lights had gone out in Rome.

    With the Hopes that our World is built on they were utterly out of touch,
    They denied that the Moon was Stilton; they denied she was even Dutch;
    They denied that Wishes were Horses; they denied that a Pig had Wings;
    So we worshipped the Gods of the Market Who promised these beautiful things.

    When the Cambrian measures were forming, They promised perpetual peace.
    They swore, if we gave them our weapons, that the wars of the tribes would cease.
    But when we disarmed They sold us and delivered us bound to our foe,
    And the Gods of the Copybook Headings said: “Stick to the Devil you know.”

    On the first Feminian Sandstones we were promised the Fuller Life
    (Which started by loving our neighbour and ended by loving his wife)
    Till our women had no more children and the men lost reason and faith,
    And the Gods of the Copybook Headings said: “The Wages of Sin is Death.”

    In the Carboniferous Epoch we were promised abundance for all,
    By robbing selected Peter to pay for collective Paul;
    But, though we had plenty of money, there was nothing our money could buy,
    And the Gods of the Copybook Headings said: “If you don’t work you die.”

    Then the Gods of the Market tumbled, and their smooth-tongued wizards withdrew
    And the hearts of the meanest were humbled and began to believe it was true
    That All is not Gold that Glitters, and Two and Two make Four
    And the Gods of the Copybook Headings limped up to explain it once more.

    As it will be in the future, it was at the birth of Man
    There are only four things certain since Social Progress began.
    That the Dog returns to his Vomit and the Sow returns to her Mire,
    And the burnt Fool’s bandaged finger goes wabbling back to the Fire;

    And that after this is accomplished, and the brave new world begins
    When all men are paid for existing and no man must pay for his sins,
    As surely as Water will wet us, as surely as Fire will burn,
    The Gods of the Copybook Headings with terror and slaughter return!
     
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  40. louky

    louky Silver Member Silver Miner

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