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Gold/Mining/Energy : Gold and Silver Miners and the U.S Markets.

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To: The1Stockman who wrote (1736)4/4/2014 8:15:35 PM
From: Robov  Read Replies (1) of 1954
 
Don't doubt what he says, but I'll believe it when I see it and if it does happen it will be as he says, a once in a lifetime opportunity. I still say we are at an intermediate bottom here at the very least and due for a bounce if even only back up to the 1350/60 level. Here is a chart with this weeks candle and that looks like a bullish hammer candle to me after a very dramatic two week correction. Daily also looks to be turning back up. I think we get a bounce here at least through the balance of this delivery month to at least 1335/40. Once again I have stopped putting a lot of stock in any of these guys analysis. Hell we had Sinclair swearing up and down that the cartel would never get gold below 1550 and once they did they peeled almost $250 off the price in three days. And he was posting this Bo Baloney Polny's charts saying the same thing and he wrong every time. I mean this guy is charging people money for being wrong. And I mentioned another analyst earlier who is now charging for his services of analysis that is sometimes right but often wrong. I say "People" quit paying someone else to give you faulty analysis at best and use the money to learn from a reputable outfit like The Online Trading Academy or someone else that has a proven, profitable trading style or come here for free and accurate analysis.
I mean what really struck me in his analysis was some double speak. Out of one side of his mouth he is predicting what is ultimately going to happen to gold this summer while out of the other side he makes this comment; "Predicting where this market is going to go in the short term would require inside information as to the banking cartel’s intentions next week. Unfortunately I doubt they are going to send us a memo on that."
My sentiments exactly. This market is going wherever TPTB want it go until they are a ready unless of course some serious unforeseen sheet hits the fan and they loose control because Russia or China or both say enough is enough and we have enough physical accumulated now to say the US $ dominance is over.
Again I'm saying this can't happened any more than he is qualified to say it will. Manipulated or not TA and indicators are still relevant to marking short term & intermediate tops and bottoms. IMO we reached a short term or intermediate bottom but could still move to the very bottom of a current 10 month range trade consolidation with 1180/1200 on the bottom and 1400/30 on the top.

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