1. Same story, different day...........year ie more of the same fiat floods the world
    Dismiss Notice
  2. There are no markets
    Dismiss Notice
  3. Week of 6/24/2017 Closing prices & Chg Over Last Wk---- Gold $1256.40 Silver $16.64 Oil $43.01 USD $96.94
  4. "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"
    Dismiss Notice

only gold chart that really matters???

Discussion in 'Gold Silver (All things Metal)' started by Scorpio, Nov 12, 2017.



  1. Scorpio

    Scorpio Скорпион Founding Member Board Elder Site Mgr Site Supporter ++

    Joined:
    Mar 25, 2010
    Messages:
    24,001
    Likes Received:
    25,892
    Trophy Points:
    113
    longer term, since 2013,

    gold has done absolutely nothing other than chop in a extended range,

    makes for a bad movie, the big snooze

    could go a buck and a quarter to the up and never leave the channel,

    we are now entering a seasonal for metals, where from here to Feb or March is the time to make hay,

    You can see it in the chart below also, almost every year, just a question of magnitude.

    so we see

    gold long term.jpg
     
    Oldmansmith, stAGgering and ttazzman like this.
  2. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    680
    Likes Received:
    316
    Trophy Points:
    63
    Is it a flag !?
    Is it resistance !?
    Is it USD eeevell ?!
    Nope, it's a bed, and Gold has been put to sleep.
    What is the awakening for the Sleeping Beauty ?
    Not a guy this time please.
    Perchance BitGold bait, to make the millennials crave the shine.
     
  3. smooth

    smooth Gold Member Gold Chaser

    Joined:
    Mar 31, 2010
    Messages:
    2,515
    Likes Received:
    3,933
    Trophy Points:
    113
    I was thinking the chart that matters looked more like this...
    price of gold.jpg
     
    Varmint Hunter, Irons and Usury like this.
  4. Ragnarok

    Ragnarok I'd rather be Midas Member

    Joined:
    Mar 31, 2010
    Messages:
    5,508
    Likes Received:
    4,355
    Trophy Points:
    113
    I’m waiting for someone to poke the sleeping gold bull with a stick.
    It’s gonna be a giod show.

    R.
     
    Glasgow likes this.
  5. smooth

    smooth Gold Member Gold Chaser

    Joined:
    Mar 31, 2010
    Messages:
    2,515
    Likes Received:
    3,933
    Trophy Points:
    113
    I'm thinking we are due for a little upwards action soon, nothing huge, but a leg up...
     
  6. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

    Joined:
    Mar 28, 2010
    Messages:
    29,159
    Likes Received:
    33,781
    Trophy Points:
    113
    Occupation:
    Retired
    Location:
    Planet Earth
    If they would quit dumping paper gold on the market this thing might get legs...
     
  7. Scorpio

    Scorpio Скорпион Founding Member Board Elder Site Mgr Site Supporter ++

    Joined:
    Mar 25, 2010
    Messages:
    24,001
    Likes Received:
    25,892
    Trophy Points:
    113
    One thing that shows up consistently over time, and all know it, is break from channels. Especially long extended channels or periods of relative inactivity.

    Whichever way it breaks should be a doozy
     
    JayDubya likes this.
  8. louky

    louky Silver Member Silver Miner

    Joined:
    Jun 8, 2014
    Messages:
    3,871
    Likes Received:
    1,868
    Trophy Points:
    113
    Location:
    Bluegrass
    Lookie familiars

    [​IMG]
     
  9. Ragnarok

    Ragnarok I'd rather be Midas Member

    Joined:
    Mar 31, 2010
    Messages:
    5,508
    Likes Received:
    4,355
    Trophy Points:
    113
    It IS the summer PM doldrums too, don’t forget. The metals are always lackluster in late summer then pick up into winter which is still a ways off.

    R.
     
  10. Irons

    Irons Deep Sixed Site Supporter Mother Lode

    Joined:
    Mar 30, 2010
    Messages:
    24,070
    Likes Received:
    32,896
    Trophy Points:
    113
    Yee Haaa! Muh cheap Sovereigns to stay cheap! . . :2 thumbs up:

    .
     

Share This Page