Originally posted by: cohodk Gonna go out on a limb and show this chart of a plausible scenario for gold over the next 2 years. 2016 could be entertaining as the pattern evolves.
I posted this chart and comments on July 14, 2013. Stupid charts. LMAO!!!
Originally posted by: jmski52 It does look like volumes have grown larger since 2008. So, are you calling the inflection point around July 15th?
See sigline.
Chart needs to be updated. Point was...don't expect much until 2016. Given that PMs are up about 20% thus far in 2016, seems the blind man maybe ain't so blind.
A break below 94 should be a very, very strong signal for gold momentum.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Originally posted by: cohodk Direction does not only involve up or down.
Downtrend line is still up near 1400.
But at leaSt 2016 has been so far been more exciting than 2012, 2013, 2014, 2015...
I did okay with the 2012 W Gold one ounce American Eagles from the mint. Some gold shines brighter than other. But that's a one off. Not much else to speak of since, until the Mercury Dime in gold arrived yesterday. Barring the Reverse Proof Gold Buffaloes in '13, we've got the Standing and Walking liberties coming this year, too. A centennial thing. A hot dog with mustard, out of the chute.
Comments
Gonna go out on a limb and show this chart of a plausible scenario for gold over the next 2 years. 2016 could be entertaining as the pattern evolves.
I posted this chart and comments on July 14, 2013. Stupid charts. LMAO!!!
Knowledge is the enemy of fear
I knew it would happen.
It does look like volumes have grown larger since 2008. So, are you calling the inflection point around July 15th?
See sigline.
Chart needs to be updated. Point was...don't expect much until 2016. Given that PMs are up about 20% thus far in 2016, seems the blind man maybe ain't so blind.
Knowledge is the enemy of fear
is Its Time to break the downtrend this time? Maybe will, maybe won't
I'll start to get excited at $1500 or $900, don't really care which one,
Just wish it would pick a direction and start to really either break out or break down...
Liberty: Parent of Science & Industry
Downtrend line is still up near 1400.
But at leaSt 2016 has been so far been more exciting than 2012, 2013, 2014, 2015...
Knowledge is the enemy of fear
A break below 94 should be a very, very strong signal for gold momentum.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Direction does not only involve up or down.
Downtrend line is still up near 1400.
But at leaSt 2016 has been so far been more exciting than 2012, 2013, 2014, 2015...
I did okay with the 2012 W Gold one ounce American Eagles from the mint. Some gold shines brighter than other. But that's a one off. Not much else to speak of since, until the Mercury Dime in gold arrived yesterday. Barring the Reverse Proof Gold Buffaloes in '13, we've got the Standing and Walking liberties coming this year, too. A centennial thing.
A hot dog with mustard, out of the chute.