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GSS is on the crux of a melt-up. 2X?
Just broke the top of the rim.
http://trending123.com/stocks/chart_of_gss.htm
GSS is on the crux of a melt-up. 2X?
http://trending123.com/stocks/chart_of_gss.htm
"Sent By: westpacific Date: 6/5/2003 10:33:39 AM
I did not say major drop, but gold will retest $320.......
YOu think FED will not fight it.
LOL.
Big move starting in 2004"
You don't get it. ECB and FED are in competitive devaluation situation already.
Gold going up is what they actually want. Not wanting it is fighting the FED.
NEM breakout in the cards, darn right, 40 by July 4th.
westpacific on golds, he does not recommend, he was talking major drop yesterday.
Posted by: mojo90291
In reply to: westpacific who wrote msg# 115165 Date:6/5/2003 10:05:08 AM
Post #of 115232
Bearmove,
RE: Gold Stocks
Which ones do you recommend?
Thanks in advance.
Mojo
As the broads fall into July, golds stocks will climb.
We now have a bull market in Euro gold.
Bull flag in bullion broken to upside today.
http://futures.tradingcharts.com/chart/GD/83
Gold shorts getting spanked, hard.
The bull is leaving the paddock with the fewest participants possible, as usual.
Not being long gold stocks is fighting the Fed, the ECB and a billion Chinamen.
westpacific re:gold
Cross of major signifigance.
http://finance.yahoo.com/q?s=^HUI&d=c&k=c3&p=e200,e50&t=3m&l=on&z=m&q=l
Whatcha got?
BB
Gold Bull FLag.....see it any other way?
http://stockcharts.com/gallery?$GOLD
Gold stocks positive, rising with gold down, bullish divergence.
lee kramer
In reply to: Bernard_Barouk who wrote msg# 114045 Date:6/3/2003 11:15:12 AM
Post #of 114077
B. Barouk: Looking at the quarterly and monthly NEM charts you might want to see 32.75 taken out.
This will probably do the trick either way.....
GOLD-$XAU Up again!! 3 days of a GAP DOWN REVERSAL to close on the
highs or very close to it. Going long anywhere around $XAU $72.00 I
believe would offer the most substantial rewards with least risk if
you stick to this sector of the market. Gold stocks continue to make
NEW "Sneaky" 52 week highs right under everyone's nose. NEM high
volume rally!! Very nice!
http://trending123.com/stocks/chart_of__gold.htm
Golds stocks up while bullion drops today, a major bullish divergence.
NEM broke out of multi-year huge bullish flag formation yesterday.
"There is always physical gold on the street.
All it takes is 'price' to find it.
good luck,
Dan"
Addendum, at the current prices, in light of the fact that Japanese bullion buying is accelerating, the Chinese basically came off the gold standard (by letting thrifty citizens buy it for the first time starting this week), the U.S. and World Gold Coucil gold ETFs coming simulateously, and NEM basically setting the banksters up for a good hard stiffing by the mining industry as hedge book tab goes bad..........all in one week.........at current prices there is very little in relative terms, gold to be had, at near these low current prices.
$400ish by 4th of July.
NEM is going to 40 by mid-July.
There is no physical gold on the Street right now.
NEM just busted the gold carry trade, the QQQ may dive harder than one would have expected.
SNP probably tanks into close.
The buck is leading that way.
Gold, bassser Dan, re: Leonard Kaplan.
I would take his comments with a grain of salt. He clears gold trades for the banks too and may well shill for them.
Also, he dwells on COT a lot, and as you can see here, it does not work with gold, as commercials have been very very wrong for a very long time:
http://lvlamb.itgo.com/charts/20020909/cotau.png
best regards,
BB
Golds stocks up in Germany, even though bullion down $8 since last session.
Now (Socrates asks), what does that tell you will happen to gold stocks?
Hint....radical bullish divergence.
Slider also was a big buyer of the airlines in wake of 9/11, as the mother of all opps, and they blew up.
He made great calls in the oils 2 out of 3 times, over a three year period, and is batting about 50% in golds.
Slider missed a 40% upmove in the OSX, and an 80% upmove in small cap golds with that attitude, over the last 6 months.
He makes clever timeframe references.
Bitter grapes.
Golds - June 9th is the spike up cycle in golds, that happens evey 82 trading days. Has for two, going on three years now.
That coupled with the artificial supression of gold this week to make the mutual funds and insitutional investors look smart, one would expect a huge boomerang in gold stocks over the next two weeks.
Thus my stock recos.
Posted by: renshen1
In reply to: Bernard_Barouk who wrote msg# 112842 Date:5/30/2003 12:08:28 PM
Post #of 112908
What's the significance of monday June, 9?
TIA
"Posted by: Bernard_Barouk
In reply to: None Date:5/30/2003 11:42:54 AM
Post #of 112908
Todays' gold downdraft was end of month institutional market rigging.
SNP went right up and touched 965 MAX TECHNICAL POINT we can go to and STILL be in a bear market.
$ went to 93.60ish, the MAX TECHNICAL POINT which the buck can go and STILL be in a bear market.
Ditto gold in three day $15 swoon to point where technically it had to hold to remain in bull market.
Ditto XAU of 72.
Ditto HUI 138.
Total rig job, and it all reverses here.
Strong buy on GSS/CUSIF.ob/BENGB.ob. We have a huge spike up coming into Monday June 9th:
20%+ up GSS
2x CUSIF.ob and BENGB.ob"
Todays' gold downdraft was end of month institutional market rigging.
SNP went right up and touched 965 MAX TECHNICAL POINT we can go to and STILL be in a bear market.
$ went to 93.60ish, the MAX TECHNICAL POINT which the buck can go and STILL be in a bear market.
Ditto gold in three day $15 swoon to point where technically it had to hold to remain in bull market.
Ditto XAU of 72.
Ditto HUI 138.
Total rig job, and it all reverses here.
Strong buy on GSS/CUSIF.ob/BENGB.ob. We have a huge spike up coming into Monday June 9th:
20%+ up GSS
2x CUSIF.ob and BENGB.ob
George, agreed, this is an SNP blowoff.
Golds holding up pretty well on a $6 bullion downdraft.
Gold bounce. Gosh, called that one right, and right on time.
http://informer2.comdirect.de/de/detail/_pages/charts/main.html?sSymbol=GLD.FX1&sRange=1&sB
"Posted by: Bernard_Barouk
In reply to: None Date:5/29/2003 9:47:13 AM
Post #of 112482
Gold trend. This guy is way short-term for me, and turns on a dime, but has been a hot hand with gold lately, up and down.
http://trending123.com/stocks/chart_of__gold.htm"
Gold trend. This guy is way short-term for me, and turns on a dime, but has been a hot hand with gold lately, up and down.
http://trending123.com/stocks/chart_of__gold.htm
Gold hot hand - this guy has been on the money all year.
Gold 400-420 should be the wave BIG 5 implied here, in the next 6 weeks.
http://markets.tradingtech.com/html/outlookdetail.asp?amaspHidden_listActive=true&amaspField_ID=...
Gold......George agreed to a large extent about gold price, but expect it to hold $355 gap point. Could happen overseas in light trading in a flash.
This likely is priced in gold stock prices already.
GSS spiked down hard from 2.18 to 1.95 and has recovered nicely today. It is a great leading indcator of gold and gold stock prices.
BENGB.ob and CUSIF.ob have bottomed, did not drop a cent on $12 spike down in gold price. Their bids are to the contrary, actually rising.
Illustration of gold support and potential......
www.stockcharts.com/def/servlet/SC.web?c=$gold,uu[r,a]dallyyay[d19920322,20031231][pb50!b200][vc60][J10994849,Y]&listNum=29
Posted by: George Cole
In reply to: Bernard_Barouk who wrote msg# 111821 Date:5/28/2003 11:18:18 AM
Post #of 111859
I do not think either POG or the HUI have bottomed yet. I expect POG to drop to $350 or lower before this correction ends.
Gold Funds aren't going to let you in as cheap as individual issues.
Golds recovering nicely and later today prices will be higher, and marked up at fundies.
From the low at 318.90,gold continues to rise,to its min target of 388.90(nearest futures).
"Posted by: Bernard_Barouk
In reply to: None Date:5/12/2003 4:22:03 PM
Post #of 111379
Gold right on schedule. Prepare to rock.
http://share.esignal.com/groupcontents.jsp?folder=&picture=goldW051003.png&groupid=20
Gold Commercials are ALWAYS wrong.
Look carefully at this.
http://lvlamb.itgo.com/charts/20020909/cotau.png
GSS, Basser, scroll down to GSS, and see what I am talking about.
Second link attempt
http//stockcharts.com/def/servlet/Favorites.CServlet?obj=ID442636&cmd=show[s11217223]&disp=O
Thanks,
I see CUSIF.ob and BENGB.ob doing same deal, but more like slim-jims ready to bust a move. They typiclaly lag GSS by 3 weeks. Check out the trajectory GSS has had over the last few weeks, and extrapolate these two into mid-June doing same. 2X?
GSS, Basser, scroll down to GSS, and see what I am talking about.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID442636&cmd=show[s11217223]&disp=....
Thanks,
I see CUSIF.ob and BENGB.ob doing same deal, but more like slim-jims ready to bust a move. They typiclaly lag GSS by 3 weeks. Check out the trajectory GSS has had over the last few weeks, and extrapolate these two into mid-June doing same. 2X?
"Posted by: basserdan
In reply to: Bernard_Barouk who wrote msg# 110646 Date:5/23/2003 2:16:08 PM
Post #of 110748
*** Gold related post ***
GSS breaks 2.25 and we are off to the races.
Hi Bernard,
One of my most favored ST plays and acting quite well of late. $3.60 by June seems overly optimistic to me at this point.
Fwiw, $2.85ish will be fine by me. LOL!
I don't think 2.25 is all that important and should be easily breached near term.
What is needed, imo, is for the PoG to get back into the $380's to justify the rash of PM breakouts that are just waiting to happen.
My only question is whether we see a dip to $350 before the January highs get tested?
Your CUSIF seems to be warming up as well...... <gg> Good luck."
GSS breaks 2.25 and we are off to the races.
Line drawn across tops of this charts show 2.25 is the resistance line to breakout to upside.
http://finance.yahoo.com/q?s=GSS&d=c&t=2y&l=on&z=b&q=l
GSS will blow as high as 3.60 by June.
We are good through June 5th. Hang on to them.
Posted by: nwsailor
In reply to: Benj who wrote msg# 109823 Date:5/21/2003 2:24:02 PM
Post #of 109837
XAU looks a little toppy. Any of you gold experts thinking of taking some profits here?
GOLD JUST BLEW OUT ALL RESISTANCE. The weekly high since 1997 is 371. We closed higher today.
We move to 392 in the next five trading days, vibrate and go to 409-415 by the second week in June.
Book it.
GSS leads ...............leads CUSIF.ob and BENGB.ob by three weeks, which means huge pop in these two by end of May.
Look at the magnitude of the GSS lead, CUSIF.ob and BENGB.ob move 2-3X faster up when they get going.
http://finance.yahoo.com/q?s=GSS&d=c&t=5d&l=on&z=b&q=l"
GSS is number one gold pick and is screaming.
http://trending123.com/stocks/chart_of_gss.htm
BENGB.ob and CUSIF.ob will fly to follow GSS now.
Gold Bus left the station, right on schedule.
Move has lots of life left.
Still ways to get on.
"Posted by: Bernard_Barouk
In reply to: None Date:5/3/2003 8:14:00 AM
Post #of 109241
Gold. Little expresses my market sentiments more than this illustration and commentary.
I usually take this guy with a grain of salt. But he does show the stars aligning accurately, here:
http://trending123.com/stocks/chart_of__gold.htm"