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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: benwood who wrote (58572)3/11/2019 7:45:58 PM
From: gold$10k4 Recommendations

Recommended By
Anchan
benwood
OnlyNatural66
Rollocaster

  Read Replies (2) | Respond to of 60899
 
Oh, yeah.

<<Also, notice how the 9emma became support for the rally
from mid-2009 through the 2011 peak.>>
Message 31944223




To: benwood who wrote (58572)3/11/2019 10:30:18 PM
From: the longhorn  Read Replies (1) | Respond to of 60899
 
Greetings,

Any particular reason for the 20th? Just curious. Does seem like we will have another week noodling around before a serious attack on the $1300 resistance line again. Pretty sharp bounce off today but at least support held around 1290.

In some respects miners are kind of quietly outperforming gold already...at least in this etf. Some data I was looking at last night: since last year's low in August gold is up about 10.5%. GDX bottomed a bit later...Sept...and is up about 30% since then. Haven't compared GDX to the HUI...different constituents. OBV on GDX shows steady buying too..if I'm interpreting that correctly. GDX seems to be mostly the larger miners.

longhorn