mp
Junior Member
Posts: 77 
|
Post by mp on Sept 13, 2014 20:47:02 GMT -5
GOLD Digging deeper and doesn't look like there is any bottom as of yet. Longer term target still intact. Any break below the previous lows will surely confirm this.
|
|
|
|
Post by brad949 on Sept 18, 2014 12:23:06 GMT -5
Very quiet here lately.
Painful as it was I added my third 20% tranche of GDX yesterday and 23.43. Waiting for GDXJ to go little bit lower.
|
|
|
|
Post by brad949 on Sept 18, 2014 12:33:55 GMT -5
Interesting activity over the last few months with bullion down much more than miners and GDX down considerably more than GDXJ. Highly unusual looking back at activity over the last 3 years. Prior few times that bullion bottomed lower/sooner, a sharp rally followed.
|
|
|
|
Post by simonsays on Sept 18, 2014 20:22:47 GMT -5
I think adding is a good idea, as long as you can endure a little more downside. Miners are indeed showing relative strength and are being accumulated. This is a tough phase because of the whipsawing but in two years, all the painful adding will start to look really smart. Just MHO.
|
|
|
|
Post by MoonCow on Sept 19, 2014 11:47:48 GMT -5
Amazing actions in grains etc. I bought sugar (SGG) yesterday, thinking it was pretty extreme, but the power-dive continues. In SPX-land, the relief rally for Scotland voting no has been cancelled apparently. It's all looking very deflationary & equities seem to be gasping for air. There is (I suppose) a limit to how far the charade can continue...
|
|
