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What time does fed speak?
Makes no sense. The whole sector has been crushed but yet both are up
I feel the hike is already priced in and if it doesn't happen then there isn't anymore credibility left for what little that they have already.
I saw that earlier. I gotta say if the rates do get raised next week then it's gonna put this economy in a recession.
I'm hoping, this thing has been showing oversold for awhile.
Why did it go down in after hours? What did I miss?
I'm waiting on the dip too. I'll wait till after hours
Gonna be interesting to see how this goes. Will be watching
Been saying that myself. I can see this market going at this pace for a longer period of time let alone sustainable.
I understand what you're saying. This thing is going to reverse split into an upswing of gold.
Let it split, still worth the same amount. Also when DUST reverse split it went and gold is still gonna go up so les just call this a "good thing"
Thank you!! That is exactly what will happen
Yes! Just like the $5 dollar idiot calls!
I absolutely agree. Dollar is too high already and see it crashing soon. So many uncertainties happening
Raise rates then it makes the dollar stronger while making exports more expensive then nobody buys our products then causing people to loose their jobs. Strong dollar causes profits to fall then economy goes into recession. Then gold will go up
Those two $5 dollar calls are best kept on ignore
Still showing 26.02 on the RSI, this will go up.
I'm rather surprised by this but it's definitely in oversold territory
Your way is an easy recipe for financial disaster
And that will lead to catastrophic losses doing that way of trading
Again, post the new age of trading so the charts and new age can be compared to make "educated guesses"
Keep the "educated guessing" charts going as it's part of my ammunition for me to make "educated decision" on which way NUGT is going.
Thanks Weaz.
Now that's some movement for the next leg up
Oh my!! I can't believe I was wrong from .62 to .68!!
Oh the humanity!!
Can this be a good thing??
Is this what scam companies do?
Keep posting those charts!! Appreciated and helpful to make "educated guesses".
Oops!! Back up to .62
Like it and got some at the low point
And what's the new age of trading? Post your analytical 50/50 guesses so then it can be compared to others charts
I'll take weazals charting and explanations anytime. Never touted going to the moon or crashing. But only pointing to the most educated direction it's going
Exactly. When do the fed minutes come out?
I haven't got a clue where $5 predictions are coming from when all signs point upwards in the near future. Bubbles, bubbles, bubbles every where
I agree. Maybe two but won't be till June and/or December
I would absolutely be surprise if the fed meeting minutes were even remotely dovish. It'll be hawkish and then when it comes time to raise rates she won't do it
Spoke too soon. Gold turning
I don't disagree but CHK is the second largest producer so it affects them a little more. But with oil showing up today I'm gonna bet it'll be up also even though Natgas is down
I think today and tomorrow can warrant some buying opportunity. Just as Ash states, Trump wants a weaker dollar
Also Germany's PMI is better than expected
Looks like it's related to the anticipation of the fed meeting minutes that doesn't come out till tomorrow from what I read on investing.com. Speculation that interest rates have a stronger chance of getting raised in March
And what's connected to gold bullion?? Miners that dig the metals out therefore increasing the stock price for GDX, NUGT, and others. Does it do that every single time? No it doesn't but most of the time it does
I didn't take it as being rude so we are good there. My belief is twice a year Natgas will go down is price and to me it's spring and the end of summer. Even though it's really a Natgas company it's trades strongly at times on oils prices too but Natgas should be the primary which it doesn't seem like at times.