Followers | 14 |
Posts | 641 |
Boards Moderated | 0 |
Alias Born | 02/20/2014 |
![](https://investorshub.advfn.com/uicon/452334.png?cb=1481614692)
Monday, June 22, 2015 8:57:41 AM
I believe that for this stock a day to day research of the chart is not enough to know the potential of this stock. Future development in the commodity sector and valuta are as much important as the chart.
IMO
1) Marron's forecast " Why Gold Will See $2,000"
http://online.barrons.com/articles/SB52018153252431963983004580525183824316108
2) Greece, the euro and the dollar
According to Capital Economics, the risk of a Greek default could help lift gold price to $1,400
http://seekingalpha.com/article/3257235-the-future-of-greece-and-gold
3) Oil prices will rise again and dollar will make a correction
If you look at the chart of the oil price we are in the same starting blocks as in 2009.
DIP...July 4, 2008 $142.46/barrel...to...Feb. 13, 2009 $36.91/barrel
UP...Feb. 13, 2009 $36.91/barrel...to... spring 2011 $110/barrel
DIP...spring 2011 $110/barrel ...to... spring 2015 $45/barrel
trend is UP!
The dollar had a strong run but is due for a correction. This will help gold and oil to rise.
RMRK has a great position to skyrocket. If only one of the above would happen, or all $$$$
I'm loaded 1.5M for the upcoming and still grabbing shares. I believe in targets between 0.001 and 0.002 in the coming weeks and 0.003+ if the trend would continue.
GLTA
discl: Do your own DD, trading is risky and you should know what you are doing. All posts are my own opinion.
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM