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If you have parameters for gold and the HUI which if reached, would convince you the pm bull is OVER for now, and that the BEAR has resumed, please tell us.
There is absolutely nothing to suggest the gold bull is over. We just had an incredibly powerful baby bull and now we are getting a very frustrating pullback that will try to convince everyone the bull is over.
It’s just a correction.
Gary — thanks, am still long miners. Question: what are you seeing in the stock market in short to intermediate term?
I’m seeing a market that is being supported ahead of the elections. But a market with no natural buying pressure. So no need to do anything with stocks right now.
I am all in miners again, looking forward to next leg up 🙂
A triple top forming in Gold? The same thing happened when Gold hit a long term low;
Triple top in DOLLAR not Gold, sorry …
Gee Mr. Savage you sound like one of those Elliot Wave guys.
If not A then B and if not B then C.
Gee whiz, tell me something I don’t know boss.
I made it pretty clear. It’s even right there in the title. I think this is the final kiss goodbye and the 200 DMA will get left behind.
If the HUI drops below 205, then I’m flat wrong.
thx !! gary
Hope youre right, but I’m afraid gold is going lower unfortunately.
Took profits on DUST and DSLV yesterday. Profits on NUGT today. Back in DUST for tomorrow.
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