Charmin Posted November 19, 2004 Author Report Share Posted November 19, 2004 The bank index BKX didn't confirm the market indices rally on Wednesday nice to have stock getting dumped and HUI rising Dollar crisis at the doorstep weekly XOP is 81.91 - no strength so far Link to comment Share on other sites More sharing options...
Guest Posted November 19, 2004 Report Share Posted November 19, 2004 has anyone noticed that gold and xau are rising in a bearish wedge pattern? dharma Link to comment Share on other sites More sharing options...
Charmin Posted November 19, 2004 Author Report Share Posted November 19, 2004 come on GG - lets kiss 15.60 goodbye Link to comment Share on other sites More sharing options...
Charmin Posted November 19, 2004 Author Report Share Posted November 19, 2004 crude Link to comment Share on other sites More sharing options...
Charmin Posted November 19, 2004 Author Report Share Posted November 19, 2004 If you were going to trade a basket of oil stocks would the OIH be a pretty good vehicle for the crude chart Link to comment Share on other sites More sharing options...
gold liberty Posted November 19, 2004 Report Share Posted November 19, 2004 Buying GCU-v Think very attractive------Just another Dover Sole Junior! Favorite is a basket through EDV at a discount! Link to comment Share on other sites More sharing options...
Charmin Posted November 19, 2004 Author Report Share Posted November 19, 2004 Look at the chart of PETD and Crude - do they look similiar? Link to comment Share on other sites More sharing options...
Guest Posted November 19, 2004 Report Share Posted November 19, 2004 ALAN GREENSPAN: "'In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value... The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth.'" - Alan Greenspan, "Gold and Economic Freedom," 1967 The Secrets of the Federal Reserves Link to comment Share on other sites More sharing options...
Guest Posted November 19, 2004 Report Share Posted November 19, 2004 Retest of high volume low on decreasing volume then demand shows up and a sign of strength. Link to comment Share on other sites More sharing options...
gold liberty Posted November 19, 2004 Report Share Posted November 19, 2004 ALAN GREENSPAN: "'In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value... The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth.'" - Alan Greenspan, "Gold and Economic Freedom," 1967 The Secrets of the Federal Reserves <{POST_SNAPBACK}> Smart man back then! My continued take-----We are in a powerful trend after long trading range. 2-05 600 6-05 800 gold and my take on Silver-----There is a HUGE short-----Powers that be trying to hold down but it IS NOT going to work! More and more taking delivery-----when it goes it will be fun to watch! G/L Link to comment Share on other sites More sharing options...
Charmin Posted November 19, 2004 Author Report Share Posted November 19, 2004 RIG breaking out today above the 2002 highs in the high $39 area it ain't even on the canslim leaders list beautiful saucer/cup formation I'm going to buy a little Link to comment Share on other sites More sharing options...
Charmin Posted November 19, 2004 Author Report Share Posted November 19, 2004 so far our gold is continuing to outperform crude at the moment - I'd love to see a break of the last swing high Link to comment Share on other sites More sharing options...
Charmin Posted November 19, 2004 Author Report Share Posted November 19, 2004 remember when crude goes higher the market falls at least it's been that way for awhile Link to comment Share on other sites More sharing options...
Charmin Posted November 19, 2004 Author Report Share Posted November 19, 2004 PXP looks like a worthy candidate bouncing off 50dma lower volume stock Link to comment Share on other sites More sharing options...
lineup32 Posted November 19, 2004 Report Share Posted November 19, 2004 so far our gold is continuing to outperform crude at the moment - I'd love to see a break of the last swing high <{POST_SNAPBACK}> Just a quick thank you Charmin and the rest of the this board, very informative and thoughtfull posts, mostly, LOL-I sold all my gold back in Jan 05 and waiting for a clean break of 450 to re-enter. Link to comment Share on other sites More sharing options...
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