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I only post on one message board just because I have a lot of personal funds involved in this company. Also have some in eurasian as well. I used to be involved with TRX but sold that back at the last high in gold back in oct/nov for certain reasons. Similar to keepshorting. Because he understands one simple truth. Markets never go up in a straight line. They go up and DOWN. Btw he was right by the way and I'm sure banked big. I more or less like to browse but felt the need to warn in a drop of gold a few months ago and knew it was going to drop a couple weeks before GS came out on that friday. Not by my own analysis but a few others I like to listen to. One being Brent Cook who warned to wait til this summer to start looking at the miners, while the people around him where still bullish at the time. Cautioned was advised way before GS. They just participated in the trend. My dad WAS a firm believer in JS and still talks about bank manipulation etc to a degree. I don't need to disclose who I am and you can take what I say with a grain of salt. Also it wasn't JS that said Gold wouldn't break 1300 it was another guy that he posted on his website and he only posts stuff about gold going up and to the moon. just as he did two days ago. I agree that this bull market is still intact. It just has to pause and is correcting hard due to all the mistruths surrounding gold. Thanks to people like Turks who always say buy and never sell because hes a damn bullion dealer. Even doug casey and jim rogers we're like its way over valued and were not going to come into the market til it hit around 1000ish. Rogers is only starting to nibble but has a feeling the lows are not in place but he has a different strategy. Listen to the pros not the schmoes. for example...Mike Malloney(sp)....wrong. Anyway i could go on and on and am not here to fight with anyone. I like the posts about MUXs progress and I like Rob M. He made a smart move with Argentina but then it back fired. Once Argentina reboots then he'll be able to make head winds down there. The politicans are attacking wealth that is what they do. Also i posted dead cat bouce? Why because it was going to be one. I'm just an average joe btw and dig deep to find out the truth and have wised up to those who actually have your best interest in mind. One more thing, there is a stock cycles pattern for companies going from explorer to producer thats just how it is. This stock was going down no matter what but the fact that g was dropping just made the effect that much more extreme. This chart should be a direct resemblance of that pattern when gold trades up into 2017ish. Alright thats a wrap. GLTA
Bulls vs Bears the basic fundamentals of markets. Gotta love it.
I was just referring to all the gold promoters out there that manipulated the markets up claiming hyperinflation with QE etc...No different that GS coming out saying they were shorting gold. That's all. I'd go into more detail but I don't want to rehash stuff thats been said on a lot of the other forums and will keep this more MUX related. Where ever gold goes. MUX is sure to follow. Sorry for the previous rants. : /
Also I forgot but JS also posted some guy that said gold would NOT break 1300....but it did. Had to throw that in there, also there is alf fields(sp)...again not right with the elliot wave theory stuff. That should be noted. Also, if markets get "manipulated" down by the banksters, who "manipulates" them up, promoters...??? Is that not unethical also? Are markets only suppose to go up? Sorry kept going I apologize :).
Also i forgot but JS also posted some guy that said gold wouldn't break 1300....guess what it did.
With all that being said of course gold is still is in a bull market and will reach higher highs in the coming years. Something we can probably all agree on and this stock should be a diamond in the ruff. Just wish Argentina wasn't so messed up otherwise Rob would be well positioned at the moment. But that will come to and end all in due time.
Look at the charts a little closer, we're basically retracing to where gold broke out on the monthly levels, and pollux(sp) im guessing thinks it will break past that to the most extreme point which keeps this bull market intact the 650-700ish area. 900 is my extreme low. Id say more but hey I know there are a lot of JS cigas out there and respect their theory even though I tend to disagree. Just my two cents.
Idk just hard to find a good trigger point below where it is now but ill be taking a closer look at that price point when I can since you mentioned those two numbers.
winner winner, chicken dinner, gapped up nicely
pop to two? should be fun to watch tomorrow...
we'll see if it bounces against a golden waterfall...
Always making the move when I'm not watching :)
Mux has been a turd the last couple days. Looks like a short cover rally took place. I'd be cautious. Thoughts?
Yeah that volume was insane!
Yeah should get a nice little bounce this week.
Gold poked through 12, will it make it to 1155 this week? We'll see. These waterfalls are pretty. Getting closer to the real bottom. May have to wait til next month. Glad mux is holding up well here as are most quality miners, at least in my portfolio ;). Good luck guys on the bottom fishing.
This bear isnt a tiny cub its a grizzly bear :).
Btw bottom may have to wait til next month...then I may load up depending :)
Nope, like I said we gotta start with a clean slate. The faster it drops the sooner it recovers, otherwise we'll be in a real short term bear market and wont find a bottom until next year, with that being said most of the damage will occur this year but the miners profits wont accelerate just yet :(. Sucks i know, i feel the pain but is what it is :).
Brotherhood 0%, sorry had to say that : /, gotta wait a little longer, this is great news imo for gold for the reasons ive already stated. No pain no gain.
That's a dead cat bounce bro. Sucks but let it drop now or the low wont be achieved til next year and then we enter a short term bear briefly and we have more of a minor pause. Btw f&@$ Goldman, they don't know shiz :).
So what about gold breaking 1400, looks like it just broke 1300, headed down further to 1150ish. Gotta wipe everyone out so we can recharge this bull market. Long term trend still intact of course, the bull just needed a rest. The sooner this is over the faster we start banking into the later part of this decade. Bring on the pain :).
This stock is a drag. The cash flow has gotta kick in to high gear. Unfortunately we will have to bear the storm a little while longer.
gold to break 1400? thoughts? I personally think it will head down further, the sooner the better, then this market will be completely rejuvenated and we can start watching these stocks start to fly.
We'll see if g cracks 1320 by the end of the month, mux should be heading lower with g. Sucks but all weak hands gotta be washed out and then this thing is going explode to the upside and these gloomy days will all be forgotten :). Sooner the better imo.
yeah super, short term we should get a bounce but g hasnt caught bottom so how negative can the sentiment go is the question but granted these guys were really sold befor g crashed so may not correlate, tbd for sure, 2 is still good shizz based of fundamentals and not much of a downside from here
thanks super, and yes agree with the price pts, really stepping up my tech and starting to look further out to the weekly and monthly(obviously many other forms of analysis should be applied as well) but my game was lacking here, youve done a big favor to all here, wish i knew more two months ago but now im in the know, not the worse stock to learn on, could be a zombie penny stock which trades to its real value....0 :), g broke to just above 1310ish and bounced to almost 1400, it aint over til the fat lady sings and in the month to come is going to hit a pretty high note haha, listen to the pros and not the schmoes, and super is one of the pros(btw you gotta be banking bro haha), thanks again! 1-1.5 may = 1000ish, if you know what i mean, time will tell, hopefully sooner than later
yeah nothings changed fundamentally, only going to get worse, lets get this capitulation over with so we can start heading to 5000+ which will be the magnet for this quality company and others alike
take it with a grain of salt im no superman haha wheres he at today?
buy should be sometime this week i would assume, i think a short term rally will come sometime over the next month in the pm's and mux is sure to follow, 1365 seems to be holding for now
not calling anything just wondering where it may go, never seen anything like it but thats bc im fairly young compared to most on the board, im still learning obviously but feeling the pain, no pain no gain though, glad im not on margin for sure so i can withstand the pressure, i got the cojones
further down the rabbit hole we go, 1374...headed to 1300ish?? we'll see
2 pre market
should be guaranteed now :) 1438, the washout has begun, curious to see how it reflects on the quality miners, feel sorry for those shit junior companies bc its time for them to go off the board, too many anyway, time to consolidate, brent cook saw this a mile away imo haha good thing i dont pay attention to the tv bots on the squawk box, they will be screaming that the gold bull market is over! not true to those that know whats up
we'll 2.24 :)
2.25 haha funny
im slightly surprised there was no morning panic all the way to 2 as mux gapped down, maybe we'll have to wait till next week, we're getting closer to washing out all the weak hands, no weaklings here in this forum though ;)
uh oh! 1538.....
ahh gotta wait another day
2.55, we'll see if it holds today