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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (73053)4/13/2011 4:54:06 AM
From: alpine_climber  Read Replies (1) | Respond to of 217647
 
Why do I think the following are going to be extremely bullish for gold, silver and the whole PGM complex beginning today instead of in the days ahead:
- China indexes are already internalising the latest shock waves (esp GS well timed signal of lower oil prices and commodities accompanying the Alcoa habitual bad news every quarter) and racing ahead;
- it seems the ducks are lined up to see oil and connected commodities edge up again, and maybe even go back to new highs in the (summer) days ahead;
- EUR and GBP exchange rates are gradually appreciating against the USD, ignoring all the bad news on this side of the pond;
- JPM announces results today, and I suspect they are going to reverse the GS/Alcoa-induced negative sentiment tide on US equity markets, which will also be bullish for precious metals above;
- Mr. Obama's speech today will be DOAed immediately, esp by the many GOP presidential hopefuls, including Trump who is inching ahead in the polls btw;
- if you actually look at gold and silver warrant prices and volume traded yesterday and today, it looks like the worst is over.

I wonder if you are watching for a signal or trigger to decide to go back to precious metals again? Any indication of the length of wait from where you watch?