Barrick Gold Corp (ABX)

[NYBob]

chevy56 thank you, Trump Bull Run Coming, -

http://finance.yahoo.com/news/trump-sets-stage-huge-gold-233000938.html

chevy56

GLTA

Gold Could Retrace Some Short Term -
By Tim Ord | May 2, 2017

• SPX Monitoring purposes; Long SPX on 4/24/17 & 2374.15
• Monitoring purposes Gold: Neutral
• Long Term Trend monitor purposes: Neutral



Above is the longer term view for gold.
The top window is the monthly RSI for Gold.
Monthly RSI above 50 suggests major trend is up in gold and
below 50 a major downtrend; RSI close at 51.37.
The red vertical lines on the Gold chart represent the 8 year cycle
for gold bottoms.
The last one came in December 2016 suggesting this major cycle
has bottom for gold.
In bull markets; gold stocks outperform gold and that happens when
the XAU/Gold ratio is rising.
This ratio had a bullish crossover in early 2016.
Next window down is the monthly Slow Stochastics for Gold.
In bull markets the Slow Stochastics stays above 50 and the current
reading is 53.51.

Gold retraced 50% of the move form the 2000 low to the 2011 high
at December 2015 low.
A Fibonacci 50% retracement suggests the December 2015 low is
the half way point of the move up suggesting gold could reach
2750 range (sec chart above).
Gold could retrace some short term but the monthly charts remain
on a sold buy signal.

The monthly charts remain bullish -

http://www.talkmarkets.com/content/us-markets/gold-could-retrace-some-short-term?post=133688


chevy56 Yes, a big KABOOOOOOOOOOOOOOOOOOOOOOOOOM -

ex....
RE:10,000. gold -

https://www.youtube.com/watch?v=9gY_JNNeoG4

You think you like the dividend now just wait till the beginning of 2018
when they double it.
With all the major capital spending on the main shaft done and
production increasing and costs going down and down and down.
Should get huge boost in share price going into fall of this year and
into 2018.
Now if gold jumps as well in the fall, which is quite easily possible,
we could have a windfall in this stock.

Other gold companies have come down to the point of being almost as
cheap as CAL.
Looking at some but they are not as simple of an investment than CAL
becuase they still have to spend to get their growth, CAL doesn't since
it will have done all the spending after this year..

Anyway, should be a fun ride going into the fall this year in CAL.
I am also Looking forward to my $1000.00 CAL dividend cheque end of
this month.
Will probably buy more shares if someone out there is dumb enough to
hand over shares at $1.67 like happened on Monday of this week.
by rawcolt yhank for good info -

Bottom may be in....


http://www.marketoracle.co.uk/Article58884.html

chevy56 thanks for good info smile)
GLTA

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130685832

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130836953

Caledonia Mining Corporation Plc: Caledonia declares quarterly
dividend of 1.375 cents per share -

http://www.marketwired.com/press-release/-2207433.htm

http://www.caledoniamining.com/

In GOD We Trust -


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130262275





http://www.kitconet.com/images/live/au0001wb.gif

Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

- God Bless -