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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (17933)3/11/2009 9:55:36 PM
From: TH1 Recommendation  Read Replies (1) | Respond to of 29622
 
VT,

Excellent and timely, as I was going to (gold)bug you for some new charts.

What do you make of that dollar chart?

I wrote a memo for the currency department at my company last month where I used one of your charts and explained that we would probably break up out of that triangle, put in a few days above, then sink below and quickly blow back through again. And then, what happened next might give us some real direction.

My gut says it goes higher, but if we peek above and can't hold it, we might see a real down move. And for gold, this moving in the same direction as the dollar will end once that next down move starts. Gold should finally make the rip through that dreaded four digit barrier.

I think. I mean I hope. I mean it is supposed to work that way in a rational and balanced universe.

As for the action today, I'm not convinced to add. We are still below my sell point on almost every miner I was holding. I'm going to watch a bit more. Somehow I just think a final shake to 850 is in the cards, but anything below that will be bought in force.

GT
TH



To: gold$10k who wrote (17933)6/16/2009 4:58:42 PM
From: jimsioi1 Recommendation  Respond to of 29622
 
Looking at VT charts it looks like today was a retrace bounce with trend still in deterioration mode. Meanwhile Sinclair says Armstrong will be right about the lift of coming in June.

Personally while I feel gold prices ought to be higher we'll need some type of market changing event to get through $1000 gold, and it probably won't be pleasant.



To: gold$10k who wrote (17933)7/27/2009 1:44:33 PM
From: dara3 Recommendations  Respond to of 29622
 
Thanks for updating your charts so regularly. I always enjoy your comments.



To: gold$10k who wrote (17933)11/26/2009 2:57:53 AM
From: marcos3 Recommendations  Read Replies (1) | Respond to of 29622
 
Thanks for keeping these updated, vt, it's nice being able to follow progress on the same charts ... agree with your concern of yesterday in re XAU/gold, the stocks are not confirming the move in the metal, and juniors even less so ... don't know anything else to do about it except shrug and wait, holding lots of juniors

[for those who haven't seen these yet, gold10k, in whose nick the 'k' does not appear to stand for 'karat', keeps in the referring post some great charts he updates often, excellent for periodic quick scanning of pattern]



To: gold$10k who wrote (17933)1/25/2010 2:56:51 PM
From: jimsioi1 Recommendation  Read Replies (4) | Respond to of 29622
 
VT, looking at your charts

Option expiration on Tuesday and a big auction, again, this week....looking at Wednesday/Thursday as the time to restock the shelves...I think we will start seeing the indicators turn up for at least a good bounce by then.
stockcharts.com

Agree seasonals aren't positive until March and it'll probably be that long before the dollar runs out of steam. A continuation of QE should be very supportive of a spring rally.



To: gold$10k who wrote (17933)10/5/2010 11:59:10 PM
From: Rollocaster1 Recommendation  Respond to of 29622
 
This page has been bookmarked!



To: gold$10k who wrote (17933)1/28/2011 10:28:17 AM
From: littlebitmoore2  Respond to of 29622
 
gold 10K:

Really appreciate your chart. I refer to it often.

lbm1