Edelson bottom, 2 charts
SSRI is down over 30% looked like good spot, think it can outperform here again, so bot some, was 100% out. Added a tad of TGZ too yesterday.
BTW Edelson is crowing this week, did call a Oct 5 bottom, I think today might be it
However June 8th he said late June bottom then buy, well it went way up at end of June and then he did not say to buy
https://www.moneyandmarkets.com/gold-78827
Wednesday he crowed, prior week he did call Oct 5 bottom (close enough if its today). https://www.moneyandmarkets.com/critical-week-82256
That shows a super rally from now to Dec 1 in gold.
This one seems more plausible that him calling 6? of the previous 1 gold crashes
I have been buying some JNUG today, options on ABX etc.
The USD is DRIVING gold again, very close correlation again.
SSRI is down over 30% looked like good spot, think it can outperform here again, so bot some, was 100% out. Added a tad of TGZ too yesterday.
BTW Edelson is crowing this week, did call a Oct 5 bottom, I think today might be it
However June 8th he said late June bottom then buy, well it went way up at end of June and then he did not say to buy
https://www.moneyandmarkets.com/gold-78827
Wednesday he crowed, prior week he did call Oct 5 bottom (close enough if its today). https://www.moneyandmarkets.com/critical-week-82256
That shows a super rally from now to Dec 1 in gold.
This one seems more plausible that him calling 6? of the previous 1 gold crashes
I have been buying some JNUG today, options on ABX etc.
The USD is DRIVING gold again, very close correlation again.
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