nasdaq near all time highs, while more than half the index is making new lows
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Some gold affirmation... I'm OK, you're OK... well actually I'm OK and you're fucked...
It's like a corpse farting, and everybody thinking it's still alive...Despite gold negating its breakout, it seems that overall investor sentiment is that the sector is still bullish. Mining shares are still making higher highs and higher lows, and are also staying above their 50DMA, both important to still be considered in a bullish position. RSI still above 40 as well.
So, things aren't looking pretty, but it's not a deathblow to the sector yet.
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It's like a corpse farting, and everybody thinking it's still alive...
It's like a corpse farting, and everybody thinking it's still alive...
This is just a wild ass guess, but maybe the preponderance of shorts are commercial/banker while the majority of specs are long. If so, and the numbers are coming in low, maybe your project is a proxy estimate of how hard the metals are being held back? 2c...Yeah... I think the options forecast project is a fail... after a good start it's been a big miss all round and I can't see a way of fixing it.
Great perspective. Sometimes I get narrow minded and forget there's more than just the US dollar. Looks much better in the Aussie dollar.
I've been watching Rick Rule interviews for many years now, even the early interviews from the mid-2000's. I have never seen Rick so strongly opinionated and energetic about buying something as he is silver miners right now.
Great perspective. Sometimes I get narrow minded and forget there's more than just the US dollar. Looks much better in the Aussie dollar.
It's like a corpse farting, and everybody thinking it's still alive...
Yep.It's been dead for years... I don't think it can get that much deader...
And yet it’s tickling everybody’s fancy at the moment. A rush into a dead dollar would be Quite the catalyst for a bubble pop.Yep.
That's why 'charting' is a fools errand IMO.
If it helps you that's great, but for me... I'm sitting on the sidelines.
Not only is it a farting corpse, it's like vultures picking over the bones while trying to figure out when the body will rise from the dead.
Yep, mega caps. I must have missed Armstrong's blue chip forecast? Also some of the hyped pandemic trades are unwinding. Stocks like Peloton, Zoom, Teladoc, etc.It's all about the top 5-7 stocks! Armstrong's Blue Chip forecast?!
Yep, mega caps. I must have missed Armstrong's blue chip forecast? Also some of the hyped pandemic trades are unwinding. Stocks like Peloton, Zoom, Teladoc, etc.
When has it not?And yet it’s tickling everybody’s fancy at the moment.
So true. I mean why would we even be on a site called “Goldismoney2”?When has it not?
location, location, locationMy problem with cryptos.
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