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I have a feeling it will take off and leave many in the dust while they keep shorting and re-shorting and bull wait, thinking they will get one more chance to get in...
I don't see it as easy as everyone thinks it is...
I read the same comments repeated like parrots almost everyday on different boards, I've even said them myself...
"Don't worry, double bottom is coming and 1180 retest of lows"
"800-1000 coming"
"When taper comes, gold will crash"
Why would tapering make gold crash if QE has made gold crash this year...obviously, if QE isn't helping gold, then maybe what you've been saying is correct, manipulation, the greatest trick of the FED and banker magicians is the misdirection and herding of the sheep into the stock market and making them believe tapering will cause gold to crash, while the powers that be are preparing for a gold rush once they taper.
The stock market is at it's peak
For some reason, the microphone is yelling out to me, end of 2015 bottom. Why December 2015, I don't know, parallel channel of 2008 I guess...would make it just above 5700.
https://www.tradingview.com/x/jY0RskCJ/
My only issue is....if the stock market crashes....won't gold crash with it?
Or has gold crashed before the market this time around...
Seems like if the DJI would crash tomorrow, Gold would tank another 200-400 points in a few months...
Am I missing something here? or has the FED tried to scare us out of gold and into stocks while the smart money is buying gold before the crash...maybe that makes more sense?
Check my updated chart.
Squeezing tightly here...no idea if it crash or soar.
Thoughts?
https://www.tradingview.com/x/wlCNCeBR/
Still holding almost 35,000 shares at avg price of 0.69
Yeah, I know...I know...I bought a bit early a couple of weeks ago...the last bull trap in gold got me...I chased it up and it failed...crooks...
Going long here, good luck all.
I'm hoping we've seen the floor for gold today...if not we're going into the 50's , I'm still looking for a knock on the top of resistance channel, all depending on what gold does of course, since this is a producer, it follows the POG
BUT, will it finally break out of this DREADED long term channel, been stuck in it since the gold crash in April.
https://www.tradingview.com/x/CP525dFs/
When it breaks out of the channel @ 0.80, it seems to run for another 5-10 cents...then sells off quickly...I'm looking for a bounce of hold on resistance of 0.80, if it doesn't hold, I'll be all out at 0.78 x 0.79
A true break out, could rip us past $1
$5? you living in a dream world...
Jeez man...get real...ROFL
If you're EXTREMELY lucky, you might, maybe see 0.80 cents again ... but never higher then that.
After a reverse split in 2014, you might see $5
Go do some DD, this one's as good as dead g
You do realize they don't have enough money to last the rest of the month right? go do some reading there pumper.
FYI, I'm in with 20,000 shares at 0.49 on the Canadian side, not shorting, just losing hope...
If they don't get REAL financing by next Q, game over, this co will be owned by the banks.
They need to get a CEO and clean up that shit hole, or there will be another failed POS canadian scam mine.
BS, another flush....wtf
Stop pumping, they will finance again and it could break down into the 20's next...
Seems baked in now...but the 22M they financed won't last a month, something makes no sense.
Picked up 10,000 0.46's today
I don't like buying a lot while it's still under the triangle, I usually wait until it break out...but today, it poked itself out of there for a while at 0.48...looks like the daily MACD might start to turn this week or next.
I will buy another 10,000 shares if I see 0.51+
Looking for 0.60 - 0.65 then I sell.
If I see 0.43, I'm also out.
Look at this chart and tell me what you think.
https://www.tradingview.com/x/5Qhv1wIh/
If gold recovery, 1.50 - 3.00 PPS in q1 - q2 - 2014
Miners will go parabolic. They are at 2008 lows.
How come gold is impossible to chart?
How come the only pattern I see are mini versions of the daily in hourly and 15 minute time frames...but they repeat over and over, sometimes, reversed or mirrored, but always a mini version of the daily. I guess they're called fractals...I see them constantly with gold but not with any other stocks...
Does anyone else see this?
There's another one happening on the 15 minute...
Not going to happen, 99% of the world says gold is headed to 1000$, so it will happen, no?
Rally?
I would like that....but,
why is it that 90% of people think gold is headed to 1150, 1000 etc...
Has everyone given up?
One more thing....
It just seems a bit strange, how almost EVERYONE I speak too in the market KNOWS gold is headed to 1000-1150...
Can everyone be right? probably not...
In the market 90% of people are wrong...not right...
but, if gold breaks down, we will be bag holders for years, until BAA goes bankrupt.
There will be no recovery from the next crash
https://www.tradingview.com/x/aZzBBNYF/
LOL 5-10?
Relax, how about breaking this multi month resistance first....then try to get to $1 and not BK.
https://www.tradingview.com/x/vWP8JrTO/
The chart makes sense to me.
Agreed, won't happen....USD is worthless...
The key is tapering...people think gold will crash when they taper...it won't...the market will crash and money will come back into gold...
my prediction, no tapering until end of 2014.
Back in at just above 0.71 here with 20,000 more shares,
Made a profit of 5K on the last run into the 90's
Hope to see another run here into the 80's
Looking at this chart, hourly
https://www.tradingview.com/x/kWrQFaOh/
Thoughts?
I'm thinking of picking some on open tomorrow.
Thoughts?
5000 shares to start maybe.
yeah check hourly MACD, crossing nicely....in at 12.55 and 12.76
Will sell if any dip below 12.50
But looks good for a +10-20% bounce....extremely oversold for no reason JUST FOR A DELAY, ROFL, so many chicken shit sheep out there....dumb asses
One of my miners are behaving like it was when gold hit 1180...
So I agree, that we're headed to 800-1000
Let's face it...people hate gold now, miners are slowly withering away and running out cash, most juniors will be dead by next year...
I'm currently holding one that has enough cash until mid 2015...but gold will take maybe 5-10 years to continue it's run IMO.
Game over for most juniors and I'm holding huge bags of them
LOL, you had 5 days to go short....might be too late...it's extremely oversold on the daily and hourly RSI...
Shorting here might be suicide...
Yup, this one is heading into BK land...
People will be happy with 50 cents soon when it goes into the 20's
Remember, this company is basically worthless now...too much debt, no way to pay....more dilution coming soon
I'm stuck in here since 0.81...
Will bail will huge losses if it break support at 0.67
take it easy insider, you must be getting scared with your free shares Banro gives you...
This is NOT a gift at these levels...It will be a gift at 0.65 next week...Insider, your account should be banned for pumping this POS company.
I was in and out again with a 1 cent gain. Gold heading for double bottom at 1250 or so....Banro will be a GIFT there in low 0.60's
Wait for it, insider...stop your obvious pumping douche bag.
Took a stab here at some 10K x 0.85's
It's a big gamble...but there are plenty of shorts out there...
I expect a short covering soon...how low can this POS go...unless they're BK and not telling anyone
LOL, don't base your trades on some dumb website called www.stockconsultant.com
ROFL
man, learn charting...
In at 0.83 and 0.80......out at 0.82 LOL
+1 penny for the day...too risky to hold for more than a day with gold crashing back down to reality.
should have taken your profits...
Feel like crap now that I'm back at 0.83...already down big.
I'm back in at 0.83....what an idiot I am...
Will be down like 5K soon....
So pissed off right now
Going where.,
all I see is this.
Finish the shoulder, then it will break down IMO
https://www.tradingview.com/x/9BGEyK1I/
All out here @ 86.
Made a ton on this, moving on.
Was nice a pump.
Anyone selling here?
Seems like top to me.
https://www.tradingview.com/x/pChPF9AC/
pumped to the top today....
I'm setting a tight stop at 0.77
If gold breaks 1330 support, we're headed back to 1250 - 1300 in no time..
Gold is in control of the banks...nothing more...
Last time it hit 80 cents, it gave up 110% of it's SP....I won't become a bag holder here...not again
So, gold got a good couple of days...I don't see why the banks won't bring it back down to 1200-1250 now?
They have a month until any other news...
Thoughts?
Looks like it could test long term resistance...
https://www.tradingview.com/x/XWZtTRiV/
If it doesn't break this time...I'm keeping my stop nice and tight , 0.90 - 0.95, it's not getting away from me next time...
If it doesn't break this time, IMO it'll test 50 cents or lower...
Banks will attack gold with all they've got this time.
Could take 5 years or so to 1900 again...
Or can it spike up faster.
What are your gold predictions for August 2014.
What do you do at Banro? job title, etc...project management? or just PR / advertising?
I'd like to know your predictions for PPS in Q1 2014.
Just read this on yahoo....worried me a bit. 15%??? seriously?
http://www.bloomberg.com/news/2013-10-11/congo-s-government-wants-15-stake-of-new-mines-in-revised-code.html?cmpid=yhoo
Just read this on yahoo....worried me a bit. 15%??? seriously?
http://www.bloomberg.com/news/2013-10-11/congo-s-government-wants-15-stake-of-new-mines-in-revised-code.html?cmpid=yhoo