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Charts from the Lunatic Fringe.

Zed

Size doesn't count!
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Welcome back Zed! Hope you're well rested!

From the BOJ pdf: "They cannot stop buying government debt for there is no bid at these rates."

What are they using for 'money' to buy this government debt?
The ink isn't dry on it, I bet. Freshly minted for sure.
 

louky

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Guru post yesterday

Charging higher still and a test of my $1300 target is looking likely here. This is resistance of the triangle in my chart from February. Its hard resistance but if it can break out of a consolidation this long (with such a clean resistance line) a new high is likely
Charts, lines, triangles and fancy terminology....

Or just simply

Bottom of the box 1269
Top of the box 1296

Here for years Lol
 

dpong

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Platinum to Gold ratio is still at historic levels. If gold starts to rise, wonder what Platinum might do. I like this play.

sc-14.png
 

dpong

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By historic, of course I mean that the current ratio is an outlier, which can be expected to correct back towards the mean, by and by.
 

savvydon

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By historic, of course I mean that the current ratio is an outlier, which can be expected to correct back towards the mean, by and by.
Platinum has been looking more robust for the past couple of months. I think, as a monetary metal, gold is not quite as easy to push around as silver and platinum. Therefore the ratio of plat:gold and silver:gold have both become outliers as the PTB have attempted to relegate precious metals into the dustbin of the collective consciousness of the masses. When the cracks in the system become big enough so that they are impossible to merely paper over the metals will wake up. When that happens these two ratios will return toward the mean, and likely overshoot it by a good bit.That's just my tin foil hat take on things, but I like the platinum play as well, along with everybody's favorite punching bag, silver.
 
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Who was the one pumping terra gold ?spelling? years ago
 

Zed

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Talk dirty to me you slutty little vixen.

BUCKLE UP: Greyerz Says Swiss Refiners Confirm Supply Of Silver Is Now Extremely Tight - King World News
 

Goldhedge

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Zed

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Bart is dead.

 

Zed

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Slightly green down here ATM ~0.5% only notable feature is it is across my universe of gold stocks, no losers.... as I type.
 

Zed

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... oh and volumes are up on averages by 30-40%.
 

Goldhedge

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Zed

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Slightly green down here ATM ~0.5% only notable feature is it is across my universe of gold stocks, no losers.... as I type.
Closed out flat... yawn!
 

Goldhedge

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1269 bottom of the box, 1287 top of inner box. Perfection would be 1278 bottom of inner box happening now
Overachiever...

Screen Shot 2019-04-29 at 10.07.37 AM.png
 

jelly

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The bear view:
potential dead cat bounce in play in the miners. We are sitting on the recent lows, so If the miners go much lower, I think the bear view will be in play.
gdx.png


From the bull side, I would not want this to break below the 200-DMA. If it does, I think any chance of gold breaking above $1400 this summer is completely toast. If we break below, might be best to walk away until the fall when seasonality is in gold's favor.
 
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JayDubya

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Damn! That's sad news about ole Bart Chilton.
Bart was one of the good guys. Bart would actually engage you in an email conversation while he was the CFTC commissioner. I personally had a back & forth email session with him and he never tried to duck out on anything or give blow off answers like "well, that's just the way it is".
He was always engaging, polite, and never once gave the air of being pompous, or self important. I always got the impression he was extremely well grounded and sincere.
 

Strawboss

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Damn! That's sad news about ole Bart Chilton.
Bart was one of the good guys. Bart would actually engage you in an email conversation while he was the CFTC commissioner. I personally had a back & forth email session with him and he never tried to duck out on anything or give blow off answers like "well, that's just the way it is".
He was always engaging, polite, and never once gave the air of being pompous, or self important. I always got the impression he was extremely well grounded and sincere.
I also had email exchanges with him and actually believed he was trying to fix things.
 

Strawboss

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The bear view:
potential dead cat bounce in play in the miners. We are sitting on the recent lows, so If the miners go much lower, I think the bear view will be in play.
View attachment 130505

From the bull side, I would not want this to break below the 200-DMA. If it does, I think any chance of gold breaking above $1400 this summer is completely toast. If we break below, might be best to walk away until the fall when seasonality is in gold's favor.
We seem to be at an inflection point with gold and the miners. They are either gonna rally from hereabouts...or not.

Its gonna totally depend on the bigger fish to determine whether to throw money at this or keep it in the S&P casino...