The setup for the big trade

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Sun, Aug 11, 2019 - 3:11am
Solsson
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Do not underestimate the Cap

Do not underestimate the Cap-analysis. Transforming my small cap miners to large cap.

I hope I am going to W-in some more in August!

888 = The number of Abundance ...

Sun, Aug 11, 2019 - 9:28am
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Much more tidy

Now it's much more likely that that increasingly messy Epstein matter, in particular the high profile political connections part of it, won't be dragging on needlessly.

It will fade from the news, and also short term memory voter minds.

Some names inclusion on the list might be even forgotten completely by the end of the countdown to November next year. Other names, well some names might not have to even arise in conversations.

Casino (1995) Best Scene "Look... why take a chance?"
argentus maximus Rhythm and Price http://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Sun, Aug 11, 2019 - 11:14pm
Green Lantern
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Seems we have a situation

Seems we have a situation brewing in America that has yet to manifest.

Last time we spoke, NYC had a blackout which was approx 42 years from the previous one in 1977. The year the Yankees beat the Los Angeles Dodgers in the world series.

All of a sudden out of nowhere, the New York Mets have won 14 out of 15 games now vying for a playoff spot. The stadium is PACKED. Like EVERYDAY. They were probably giving tickets away.

And thus, it wouldn’t be surprising if the Yankee’s met the NY Mets in the FIRST Subway Series

New York Yankees, 10 year Cycle, last Championship: 2009, New York Mets, 50 Year Cycle, last championship: 1969, Last met In Series in 2000, Close to 20 yr Cycle, would not surprise if they met in Series, Mets extremely Hot

Yankees, 2009 was 10 yr cycle from 1999 championship over braves and 21 yrs (just past 20) of the 78 championship over the Dodgers, so its interesting

19 year Metonic cycle. Solar eclipses in Cancer

2000 Mets vs Yankees

1981 Yankees vs Dodgers (former Brooklyn Dodgers)

1962 Yankees vs SF Giants (former NY Giants)

1943 StLouis Cardinals vs NYYankees

1924 Washington Senators (currently the Minnesota twins) vs NY Giants

Every team, like markets has their own cycle which I haven't figured out.

What other significant events in baseball these days?

We are at a cycle low in viewership as are we at a solar minimum point.

We celebrated the 30 year anniversary of a very important movie and one that's filled with all sorts of hidden symbolism that was timed in a way that would boggle your mind. This is as symbolic as you get and your gematria cipher will not work.

“Ray, people will come. They’ll come to Iowa for reasons they can’t even fathom. They’ll turn up your driveway not knowing for sure why they’re doing it. They’ll arrive at your door as innocent as children, longing for the past. Of course, we won’t mind if you look around, you’ll say. It’s only $20 per person. They’ll pass over the money without even thinking about it: for it is money they have and peace they lack. And they’ll walk out to the bleachers, sit in shirtsleeves on a perfect afternoon. They’ll find they have reserved seats somewhere along one of the baselines, where they sat when they were children and cheered their heroes. And they’ll watch the game and it’ll be as if they dipped themselves in magic waters. The memories will be so thick they’ll have to brush them away from their faces. People will come, Ray.

The one constant through all the years, Ray, has been baseball. America has rolled by like an army of steamrollers. It has been erased like a blackboard, rebuilt and erased again. But baseball has marked the time.

This field, this game, it’s a part of our past, Ray. It reminds of us of all that once was good and it could be again. Oh… people will come, Ray. People will most definitely come.”

Field of Dreams (1989),

Field of Dreams (5/9) Movie CLIP - People Will Come (1989) HD

In the beginning of the movie only two people can see the players, all of a sudden there is a shift and others can see the players. This represents a shift of consciousness. This is happening now because another cycle is at hand and it's a loooooong cyle.

What is amazing about 1989 in baseball was all the events that lead up to the earthquake during the game and all the events that followed that were constellated around this moment in time and the movie field of dreams. Berlin Wall, Tianamen Square, San Francisco Earthquake, largest discovery of underwater gold. etc..

It was also the moment in time that the book that AM recommended by Landscheidt discusses. That year was when the center of the solar system and the sun center came together. A rare event that only happened 7 times in 3400 years. And it took place 1811 (New Madrid earthquake) 1810 was the worst, coldest weather US experienced since 1632. 1641 was one of the the worst 3 winters in the entire century for the colonists and the most volcanic activity in 500 years.

The baseball field as you probably know is filled with masonic symbolism and was invented by Abner, ("my father is a light" in Hebrew.) DoubleDay. (twin servant) Twin servant of the light and he also fired the first shot in defense of Fort Sumter, the opening battle of the war, and had a pivotal role in the early fighting at the Battle of Gettysburg.

First game was played during the constellation of the Twins, right across the river from Manhattan in Hoboken, New Jersey.

Baseball geometry

https://www.universalfreemasonry.org/en/article/baseball-esoteric-pastime

It's the temple. Both a cosmic one and an inner one. 3rd eye is second base, or 12'oclock, North on a cross. 1st and 3rd base are the pillars to the entrance.

The circle in the square but it's a diamond. If all the Grimm Fairy tales are about "gold" and alchemy. Diamonds aren't just a women's best friend, it is a higher order of celestial, cosmic, and beyond forces entering into the world of time, space and materiality. There is a more refined definition but would require looking for a book.

The whole structure of the game of baseball is built on the number 9. Shhhh, You were forbidden to utter the 9 in the Pythagorian mystery schools because of it's spiritual importance. by the way, we are in a Gann 9 year. The greatest of bull markets followed by................. (fill in the blank)

There are 9 players. The game is played in 9 periods called innings. (like INN or LODGE as in masonic) There is 90 feet between each of the four bases. The ball itself is nine inches in circumference. The heart of the playing field is a little circular mound of dirt called the pitchers mound, which has a nine foot radius. So the #9 is the first part of the baseball metaphor.

The diamond is second again which relates to a higher power. Combined it's a metaphor for the building of the temple. With outer cosmological implications and the inner process. I'd suggest that it's more than a symbol or a metaphor. The baseball field is a mandala.

Anybody who has read on baseball knows there are thousands of coincidences that make the Kennedy/Lincoln coincidences seem like Child's play.

Baseball marked the conjunction of the sun and solar system center event which was a marker of another historic event that hadn't happened for thousands of years. The event celestial event hit on April 28th, 1989, one week after the opening of Field of Dreams.

Baseball is a Carl Jung dream come true because the symbolism is always present but little noticed.

And it happened here in the United States, in the midwest, and culminated with another serious of world coincidences the year the Minnesota Twins won. That's an entirely different story.

Now 30 years after Field of Dreams,and the meeting of the sun and system center, we celebrate that anniversary in a very very different world.

And all of a sudden we are looking at either a Yankee/Dodger (used to be a New York team) or Yankee/Mets. Ok, just possibilities but some of those cycles are compelling. I'm open to suggestion what cycles I might be missing or how I could approach it. It seems even when the Dodgers and the Giants moved out of New York City, they still have it's birth in New York.

Of course the KING Potus Trump tower is right next to another building that is part of the Manhattan masonic grid measured exactly in cosmic measurements between the Statue of LIberty and the Egyptian Obelisk in Central Park right behind the American Museum of Art. As I've mentioned before, and many New Yorkers know Trump hired a Chinese feng shui expert for some of his Manhattan properties. And damn it, somebody, somebody knows how to time markets according to the celestial calendar. If you think billionaires are idiots, and summarily dismiss this stuff like the masses, I'd say reconsider. JP Morgan was a pro.

And the face of the most extreme left happens to be right across the river, in Queens, NY

Am I the only one that finds the New York coincides a bit strange? Don't think that's happened before.

All eyes on Chinatown in Manhattan. That's where Epstein just left this world. I think that's the one by all the court buildings.

My guess is a NYC subway series, the first in a 100 years, since the Trolley Series, would be appropriately symbolic not to rule out the Los Angeles Dodgers who probably live in the largest degraded city in the USA. New York has room to fall but you think Jamie Dimon, Jay Powell, Donald Trump, frickin' the worlds weathiest SAudi Princes with apartments on Central Park west are going to allow homeless on the streets they walk? There are so many cops in that neighborhood, if you sneeze, they have a laser on your back. 71 billionaires in total. But unfortunately, when the 2020 October eclipse hits, New York will be in a wheel barrow full of trouble with the "Worst Mayor in the United States" and I think the bailouts from Wall STreet might be finished.

A book could be written on this subject, and nobody has done it yet, to my knowledge although if you search it out, you'll find alot of strange things about baseball that you probably never considered. Like, it's the ONLY sport that is run on sacred time. Or liminal time. All the others, football, soccer, tennis, basketball are all ruled by Chronos. All played in a square or rectangle, by a clock. Baseball has no such features. This is SYMBOLIC too. The art of reading symbols requires paying attention to details that often got overlooked.

One more thing. Last year or so, I had posted about an eagle landing on a pitchers shoulder during a Minnesota, Seattle Game in Minnesota. There was symbolism in the location but focused only on the Eagle. There was some huffs and puffs about, it was all planned, it was animal unfriendly etc... But I was only concerned with the symbolism of the guy who stands in the diamond had the symbol of an eagle on his back.

Guess what happened to that guy?

He is now the ace pitcher for.....wait for it..... the best team in baseball. Yankees!!!

wouldn't that guy pitches the 7th game of the world series and wins. But I'm getting way ahead of myself. Rule #43, You don't go from an average pitcher in a small town city to the best franchise in baseball history unless an eagle lands on your shoulders. LUCK!! all luck i tell ya

This years world series is scheduled for October 22nd

By the way, the owner of the New York Mets, Fred Wilpon, lost ownership of the team because he gave the teams money to Bernie Madoff, and they were actually drawing salaries from Madoff. And George STeinbrenner, New York Yanks previous owner, now his son was what Trump called "His best friend" Trump tried to start a sports team. Probably more of that old fashion persuasion. But my guess is Trump won't be tweeting favorably for the Mets.

Mon, Aug 12, 2019 - 4:59am
CongAu
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EW now

Will it continue up now ?

Mon, Aug 12, 2019 - 5:01am
CongAu
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EW now

Will it continue up now ?

Mon, Aug 12, 2019 - 6:27am
GoldMania3000
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When does a market become a bull?

Many stories I've heard of very rich people who liked to trade. But they didn't understand how markets worked. One day this man placed a trade on the markets as it kept going up and his broker kept calling him you need to buy you need to buy...the person placed a $50m trade. He bought the high...the next day the market crashed.

There maybe indicators that speak to when a market has made it's high. Take for example the recent dow upward move. The correction in May then the reversal in June...it kept going up. There where people saying buy buy buy. With anticipation I watched and didn't take the bait. We reached a date where the dow hit around 273... that was an interesting day/target because it singled the high--the upper threshold of a channel. And sure enough the dow bounced off of it.

So when does a market become bull again...when a contagion occurs have you ever noticed the markets decline steeply and then rebound quickly.

There are many suckers out there but the trade goes on when the trend shifts--the signals are there for all to see because the markets are talking to us.

I remember back when gold was $45 the signal was there but many didn't' see..including I. but with time one learns to see if they want to or they continue down the path thinking that they know what lies ahead based on what's in their mind.

Not my problem if someone buys the high..only if i do then it's my problem. If the trend does shift upon the appropriate signals then you have the right to buy--the bull market then exists, but you know you are not buying the high.

2008 may not be upon us, but things do correct. Sometimes the corrections are steeper and may not resemble a "crash" but when a market get's closer to a bull it may do a headfake just to spank the crap out of you before it resume upward.

Mon, Aug 12, 2019 - 8:41am
Green Lantern
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Brrrr..... Anybody else?

Brrrr..... Anybody else? Those morning walks in the dark are chili. Feels like September. The challah bread gets sold out early this time of year.

Guess we know which way that inflection point is going to go. Two more incoming. Place your bets.

CongAu, do you do fibonacci retracement levels on those waves?

Mon, Aug 12, 2019 - 9:27am
Green Lantern
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The Justice Department and

The Justice Department and Federal Bureau of Investigation will be investigating Epstein's death out of an "Abundance of Caution" I love persuasion especially when they use it to feel me up at the airport. Just feels better somehow.

No worries Trump will be tweeting calling for full disclosure, including records of the video's and all the electronic data just like he did for vaccines and Kennedy assassination.

I am making a new counter offer to Vox Day. Instead of lets take down the left, let's #BITFD..... More persuasive.

Peace minded libertarians can be so harsh sometimes.

Ben Hunt

@EpsilonTheory

Take back your vote. Take back your distance. Take back your data. This is how we take back our autonomy of mind. This is how we confront the oligarchic sociopaths on a battlefield we control. This is how we Burn. It. The. Fuck. Down. #BITFD

Rough language by an intellectual.

Mon, Aug 12, 2019 - 10:13am
UncleFester
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FedRate

Are Powell and company behind the curve? 10 year Treasury has been falling since December of last year. US average mortgage rate has also been going down. Right now if the banks borrowed at the Fed open window, they can't make a spread buying US 10 year notes. Keep an eye on those excess reserves parked at the Fed. Will they go up or down? They're earning more interest than the 10 year T-bill.

US mass shootings, Epstein, Hong Kong protests, Venezuelan and Iran blockades...looks like a geopolitical peak. For those across the pond, the MSM in the US continues a narrative that doesn't exist. White supremacy is a less than 1% problem. But that is all you here as the MSM tries to hang that label on Trump and those who voted for him. The Dayton, OH shooter was a antifa-Bernie-Warren supporting radical left wing-nut who wanted to save the environment from human over-population. Once that was out...crickets from the MSM. Are they just actors on the stage, mere shadows on the cave wall? Agitation propoganda? Kabuki theater? All of the above?

Better get some financial insurance...sounds like support for a bull market in gold to me. Good luck and be careful. UF

Just because I'm paranoid, doesn't mean they aren't out to get me.
Mon, Aug 12, 2019 - 11:35am
CongAu
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Fibo

Well GL “early morning walk in the dark” - You are in a different time zone to me. It is light at 5:30am and I would not be up earlier.

I am about 70m above the valley bottom / river and it fills with mist first thing, like in Autumn.

I spent about 5 years doing fibo “things.” Some were incredible / spooky.

But, it works until it does not.

I posted (this morning) because I thought the retrace was over, and it should go up. That post was with 1 hour candles. I then changed to 10min candles. It did 3 waves up and went slightly wrong (doing a 4th up wave). Well – it went into retrace, but not text book. In £UK it was exactly to my book, in $USD it has not been so good.

I have spent a lot of time over the last 20 years studying EW and all the things associated with it. (as I have said) It seems to work really well, then it does not. That is why I am here – I always feel I have missed something glaringly obvious. Alf Field made a few really bad errors. That is easy to say after the fact – anyone can do that. But it taught me to observe what you see. I did spend a lot of time working out why those mistakes were made.

The first chart I did (above) was as good as I can do. The 21 month bars seem good and the count is as good as I can do. The internal structure (lower time frame) also works well. It is all basic 1,2,3,4,5 and abc. Except, there has to be 5 waves down after 2011, because it became a bear market.

EW is a step beyond for me. Fibo is also a step beyond. Trouble is it works for me, but if you put 2 things together it is a step too far.

That the price got above $417.90 in Oct '04 and then peaked in Sept '11 and then bottomed again in Aug '18 is interesting. Both being 1 month short of 7 years. So, it is not really 21 months, but a bit short.

So, after 8 years of doing nothing, it looks like it may just be coming together again. So, I may start having a bet.

Mon, Aug 12, 2019 - 12:17pm
zman
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@ "Zman, please let us know when you turn bullish on gold"

Sure, I have several things I want to see to before I'm truly convinced this is the start of a new bull market in precious metals.

1. I want to see a strong move down in the Dow/Gold ratio. If gold can't outperform stocks, I don't see the bull case for gold.

2. I want to see a breakout move in the Gold/30 year bond ratio. Right now there's a classic battle taking place on this ratio. If bonds win this battle, gold isn't going to have a bull market.

3. Mining shares need to start doing something here. Yes, some of the majors have had some gains, but we need to see much more in my opinion. The key is the juniors now, why isn't the smart money going into these shares yet? Because they don't believe in this rally thus far, that needs to change real soon in my opinion.

4. Silver really needs to do something here. I'm sorry, but a move to $17 oz just doesn't get me excited here at all. Wake me up at $35 oz silver and then we can start talking about a precious metals bull market.

5. Fundamentals- I understand that markets move before the fundamentals become apparent for investors, but I would love to start seeing some gold bull fundamentals here. Thus far, we have nothing in my opinion.

The case for a fake out in gold.

1. All of the all-time high prices for gold in so many foreign currencies. For some reason, people think this is bullish, but I don't buy it. It's all about gold priced in US Dollars and nothing more. Getting excited about the gold priced in foreign currencies could be a suckers play.

2. The breakout of a 6 year consolidation in gold has many convinced it's a new bull market. The fact of the matter is that gold needs to break the 2011 high of $1920 oz for a new bull market. Anything less is still a bear market rally.

3. The COT Report is just ugly, unless the bankers start covering into higher prices, the bulls have some issues to deal with.

4. The US Dollar needs to show some weakness at some point. Gold will not hit new highs without a serious decline in the US Dollar. How is the Euro going to trade better relative to the Dollar? That's a real tough one.

Mon, Aug 12, 2019 - 7:53pm CongAu
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CongAu

Maybe this just convolates the analysis but I wanted to call you attention to A.M.'s (discovery?) of the 75 and 89 week cycles. After all the 21-months is somewhat close 89 divided by 4.3 = 20.70 months?

I can't remember the source; but some guy extends fibo levels from highs and lows forward. Some are close hits in real time.

EW for your consideration: today completed sub-wave (minor wave 2 of impulsive wave 3. Thatis to say, the completion of impulsive wave 3, then corrective 4, then impulsive 5 are to follow? (See previous post. a while back)

WARNING: SHORT TERM FLUCTUATIONS I BELIEVE ARE RANDOM

Mon, Aug 12, 2019 - 9:03pm
Green Lantern
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Oops, I'm a day late, but it

We are somewhere within 2 to 4 degrees (solar orbit) of the forum moderators birthday yesterday.

I photoshopped each and every candle myself. So hopefully, I got the count correct.

Age=(# of blue, right, and white Candles * 0.618 + # of black candles * 13 lunations)-calories of the cake * Pi

My estimate of calories probably means he wasn't born yet

Tue, Aug 13, 2019 - 8:18am
Green Lantern
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Bottom line gold. It's

Bottom line gold. It's popping. That's clear and can't be argued away. However, step away from Elliott Wave and just do a monthly chart from 2011. Draw simple lines. Three declining patterns of lower lowers, and lower highs, in three different price area's. The second one gapped back up to the same price area with higher lows but lower highs. Charts take time to post with little interest so you're on your own. This would be the first higher higher in a new price area and unless you have a consistent pattern, you can't call it a bull market unless you have some other skills to read into the future. few people calling this a bullmarket put out a technical explanation other than, price is moving, and it's high.

I put out a technical chart on RnP last week and pretty much it's been working according to plan but wasn't sure which way the inflection point would move. But the moment I read other people, it goes in and effects my trading. I knew I had to put the trade in on friday, but got lazy, because I was tired and then started strategizing a late entry. Bad idea because gold doesn't give gentleman entries.

It looks like the cycle is UP. Another inversion and probably break 1600. It still won't confirm a bull market but confirms the market is becoming very bullish in the future. Miners aren't even close in performance to these price levels in 2011. that's a bad sign. That tells me all the regular people yelling it's a bull market are probably not buying as much as their bullish tenor suggests.

I still think they are bringing up the market. Gonna suck as many normies in as possible and bring it down. The forces for highs, and I've looked at 2020, 21, and 22 are out in the future. I don't see them here.

Bottom line, it's OK to buy at new highs in a new bull market. It's not ok to buy at all time highs in the final stage of a bull market. BAd, bad, bad. You have to know the difference. We don't have a bull trend. We have a bullish move. Difference.

You're worried that the market is going to run away and you'll miss the bottom. That's emotions and you can't escape it unless you have numbers to work with. NOBODY i know is that strong emotionally. Without technical indicators of some sort, you're wholly dependent on the crowd. So take some pressure off yourself and realize, if this is the beginning of a multi year bull market, allow it to confirm itself. If you let greed and fear take over, you're going to be in the same position as you were in 2011. They know you fear missing the move. THEY KNOW IT. Once it has taken over you, you don't. They can control you and you'll let them, says past experience.

I missed the trade on Friday. So what? I shouldn't be trading when I'm tired anyway. Too many mistakes. If it's a bullmarket, and you believe that it is a multi year market that is going to double, triple or more from these levels and you have no skill in timing markets, don't do it. Goldman is again pumping gold up to 1600.

My reference to the cold air, challah bread was a subtle reference to seasonality in gold and all that implies. Go back and look at what happened EVERY september since 2011. It's Indian summer. There is alot of implications to that. Seasons are IMPORTANT. One exception was it was a side market. If it's a bull market than September will be different.

I will either be buying in a lower price range, or a higher price range. I won't be buying at this price range NOW unless I can prove to myself that it is a bullmarket. And I can't. I have too many indicators showing, it's not ready. And I've watched enough investors, and short term traders that most don't know even know how to approach that task technically and some believe philosophically that it's dangerous to their short term trading to worry about the trend. That's not how I learned it. But to each their own.

Tue, Aug 13, 2019 - 8:22am zman
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Zman, juniors

Zman, I will comment on the juniors. Plenty have moved.

If you look at gdx and gdxj, both have a 52 week range in similar magnitude...

But gdxj are the bigger juniors.

Even looking at the smaller ones there are some that have moved. Some not.

The ones that have moved have finance.

If I look at the ones I follow, even the explorers with cash have moved.

The trend seems to be announce financing... Drop. Get finance. Impulse wave. Consolidate. Then lift off.

Examples would be tnx. To or tud. V

One who is just before lift off mode is the one a regular poster sold at. 47cents. They got finance, rose. Been consolidating. They should move soon.

Ones who have not financed yet but are likely to.... Well, they are languishing. Silver stocks underperforming aswell.

I am watching one who has just announced a financing. Its dropped. And its a silver stock... If that gets the money and has impulse 1..... Then its real for me. Because its a crap stock, raising money to be able to raise more money in the future. Plus its a silver play. If they get the cash, then you know the players are in town to bid up the miners.

Tue, Aug 13, 2019 - 9:52am
Green Lantern
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Yes, the miners have had

Yes, the miners have had great moves....trading wise and proving to be great leverage on the price of gold, if you're in the right ones. However, at this price level of gold in 2011, miners are at least two gaps down. 2nd the big geology mining brokers are reporting, people aren't buying. They've been soliciting business from clients with accounts, but it took two calls for them to admit, not alot of gold bugs buying here. If this is not consumer level buying, you can take a guess at who is doing the buying. Mines are great leverage on the price of gold. Discovery and digging is great. But no evidence YET, that it is sustainable or looking to jump back two gaps up to resume the 2011 prices. Explorers aren't the first properties to take off in a bull market and Rick Rules 9 year discovery cycle is about 8 years over due.

But I am deeply curious about this discovery cycle because ya can't find any information on it other than some old books on gold and silver. It relates to movement of the tetonic plates which I suspect relates to solar minimum. I don't have the resources to correlate discovery and the cycles we discuss here.

Tue, Aug 13, 2019 - 1:04pm
zman
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TSX Venture Composite Index

Trades at 591 today, the last time gold traded at $1500 oz in 2013 this index was at around 1000. When gold traded at $1500 oz in 2011, this index traded at 2000. The index peaked in March of 2011 at nearly 2500.

https://web.tmxmoney.com/quote.php?qm_symbol=%5EJX

So the question remains, why is this junior resource index lagging so badly today? It seems that the general commodity markets needs to move much higher before smart money goes into resource stocks, that includes gold and silver juniors.

At the end of the day, this rally in gold has many issues at this point. It doesn't resemble anything like the past in my opinion, it's boring and dead.

I'm sure people can cherry pick a few names that are doing well, but that's not really the point in my opinion. When this sector is alive, EVERYTHING moves higher. Some just move higher than others.

Tue, Aug 13, 2019 - 3:37pm
Solsson
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Oh, it is so obvious to me

Oh, it is so obvious to me now. It's not enough with drive, intellect, knowledge and wisdom. You need "it".

I guess I am a very different animal to most here. Got the exact same feeling with many of my fellow Swedes ...

I've been blind, but now I can see.

Tue, Aug 13, 2019 - 6:03pm
foscotanner
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Miners and gold

Well, when I look at the 10 Yr chart of gold, there is a level around 1550 that was very good support until it wasn't. It took a few bumps against it to break, which gave us a couple of year topping process.

Me thinks that the allergic reaction to the proximity of that level today could be significant.

Would it be unreasonable to assume that the topping process 2011 - 13 has given us a good amount of volume at 1550 to 1800 levels.... Would it be fair to assume we have a big chunk of volume between the bottom and 1360 that held as resistance for so long....

In which case we could have a possible upper and lower boundary for some volume to trade? But im not using any charts for these assumptions just some simple thoughts.....

Tue, Aug 13, 2019 - 8:43pm
HappyNow
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Hey GL, you don’t know me in

Hey GL, you don’t know me in real life, but I don’t bother myself with TA and about 95% of my trades show profit.

My buddy who does the real research-the-miner type stuff, writes puts and calls etc says I’m “picking up pennies in front of a steamroller” which means a few things, among them, my trade profits are small, I don’t do ‘big’ trades because I can’t stand still or the steamroller will get me, and I don’t do like the famous Turtle Traders accepting a number of smaller losses to hit the big gains.

I’ve seen AM express similar thinking, that focussing on the small, short windows means myopia, and missing the bigger, most profitable trades. That’s a fair comment and entirely true in my case. It’s also OK, I’m here making profit and having a good time in it.

The trades are done without emotion except that I enjoy being right.

You could apply all this wave analysis to surfing, or you could be in the water so much that you squint, decide, and just ride, even if it isn’t the biggest wave you’ve ever caught, or even the biggest one today....you may ride three or more times while the analyst waits. And you may accept that the only beach you will know like this is this one, what you know may not be transferable.

So, you do know one person. No TA, no emotion.

You are giving sound advice/wisdom to those who are eager for the bull market and eager to get the big win. Be very very sure first and don’t worry about being late to the party, the real party will go for days.

I do agree that the PM market today is bullish but not proven a bull market. I have nothing to back that up on paper of course but I’m sure I could plagiarize something in a hurry if pressed ;) Maybe I’d plagiarize yours just to see if you argue with it.

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
randomness