Friday, November 18, 2016 11:27:41 AM
Here's an "interesting" miner ....
Totally collapsed back to the bottom.
Now,after watching the giant outrageous super pumped rally in 2016 for miners..... I couldn't help wonder where is this rally coming from.
C,the rally reached its mathematic peak target zones in the first wave that reached March/April. Then there was hardly any "wave 2" pullback, but it kept on soaring to the August tops. That target zone became the peak of a giant rally that under normal speed, should have taken at least a year and a half to complete. but it finished in 6 and 1/2 months.
It forces one to ask an obvious question....Why the Rush? what was the hurry for the wall street cartel to push it up so far and so fast.
IF it was the first part of a giant trick....then the second phase comes the pullback. How's this for a pullback. Ive always thought of Premier gold as a good miner to own. Ive owned it before and sold it and watched it...and now it does this. They financed and bought some mine this year,ok, but is That the reasonable excuse to see this kind of Total Collapse. I couldn't imagine in all my cynical caution,that any miner would totally collapse again to retest the mother of all bottoms we were at when the year started.
I don't know if there are other miners that have totally retraced the whole giant rally. I was definitely watching to see at least a good 50% haircut on every miner. I wont even think of buying any unless it hits some kind of target at the 50% Fib area.
But This is a total collapse for Premier gold.
I was tempted to buy some here around 1.75 but after looking again the other day, decided that it could collapse even more, so I held off and sure enough down it goes even more.
This miner could be acting like a bellweather ... I wonder how many more will collapse all the way back down.. I do wonder.
If I was on the Cartel 'trading desk team' I would be looking to sell the miners All the way Down to the bottom Again.
If the market is run on computer programs,and I was instructed to prop up the dollar and take gold down and take the miners down again....why not do it all the way . so that wall street can rinse and repeat the whole Giant Game all over again.
Can you Imagine this?? Can you look at this Giant outrageous super fast Rally the miners had in 2016 and now Imagine the Cartel powers on wall street are collapsing the whole thing all the way back to the Bottom all over again ????
I don't imagine all the miners will do this...but look at this one.
Totally collapsed back to the bottom.
Now,after watching the giant outrageous super pumped rally in 2016 for miners..... I couldn't help wonder where is this rally coming from.
C,the rally reached its mathematic peak target zones in the first wave that reached March/April. Then there was hardly any "wave 2" pullback, but it kept on soaring to the August tops. That target zone became the peak of a giant rally that under normal speed, should have taken at least a year and a half to complete. but it finished in 6 and 1/2 months.
It forces one to ask an obvious question....Why the Rush? what was the hurry for the wall street cartel to push it up so far and so fast.
IF it was the first part of a giant trick....then the second phase comes the pullback. How's this for a pullback. Ive always thought of Premier gold as a good miner to own. Ive owned it before and sold it and watched it...and now it does this. They financed and bought some mine this year,ok, but is That the reasonable excuse to see this kind of Total Collapse. I couldn't imagine in all my cynical caution,that any miner would totally collapse again to retest the mother of all bottoms we were at when the year started.
I don't know if there are other miners that have totally retraced the whole giant rally. I was definitely watching to see at least a good 50% haircut on every miner. I wont even think of buying any unless it hits some kind of target at the 50% Fib area.
But This is a total collapse for Premier gold.
I was tempted to buy some here around 1.75 but after looking again the other day, decided that it could collapse even more, so I held off and sure enough down it goes even more.
This miner could be acting like a bellweather ... I wonder how many more will collapse all the way back down.. I do wonder.
If I was on the Cartel 'trading desk team' I would be looking to sell the miners All the way Down to the bottom Again.
If the market is run on computer programs,and I was instructed to prop up the dollar and take gold down and take the miners down again....why not do it all the way . so that wall street can rinse and repeat the whole Giant Game all over again.
Can you Imagine this?? Can you look at this Giant outrageous super fast Rally the miners had in 2016 and now Imagine the Cartel powers on wall street are collapsing the whole thing all the way back to the Bottom all over again ????
I don't imagine all the miners will do this...but look at this one.
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