Traitors Abetting The Deep State's Dirty, Dying War On Gold - by Stewart Dougherty - May 8, 2017 -
Evidence is mounting that the Deep State (DS) is starting to lose the dirtiest financial war in history: their War on Gold. More deeply, it is a war against something the Deep State profoundly loathes: personal financial liberty.
The War on Gold, which has raged for 37+ years, has generated more than $1 trillion in criminal profits for the Deep State plunderers, while costing the worldwide owners of physical gold multiple trillions of dollars. All of this is coming to an end.
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.
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 -