Replies to post #172 on Gold Playground

[sumisu]

GOLDCORP, INC [GG]



Based on the above chart, the current price has reached its 200-day average. Also, the RSI has risen quite high. I would not buy at this level.

Also, please review Hussman's posts of:

January 16, 2017 titled Cassandra's Song

https://www.hussmanfunds.com/wmc/wmc170116.htm

and then his warning of January 23, 2017 titled Rare Signatures

https://www.hussmanfunds.com/wmc/wmc170123.htm

I believe that the markets will top later this year and investors will protect themselves by even selling precious metals. After a steep market decline, investors will rush back into precious metals again. That is my gut feel.

sumisu

[sumisu]

SIGNIFICANT DEVELOPMENTS IN THE PRECIOUS METALS MARKET: Where We Go From Here

Posted by SRSrocco in Economy, News, Precious Metals on October 27, 2017

https://srsroccoreport.com/significant-developments-in-the-precious-metals-market-where-we-go-from-here/