traderfromhell 0 Report post Posted June 15, 2005 Currently flat miners. I would be concerned if we can close below 184-185 HUI for the short term. We should be getting a tradeable bounce today or tomorrow. Today is 30 days from the May lows. Share this post Link to post Share on other sites
Ageka 2 Report post Posted June 15, 2005 Normally I do not like to show one ounce prices because the coining cost or value over melt may change but it did not much yet Share this post Link to post Share on other sites
Ageka 2 Report post Posted June 15, 2005 Kilo price is still 10 dollar away from the top Share this post Link to post Share on other sites
Old Habits 0 Report post Posted June 15, 2005 Come on silver. Time to bust out. Share this post Link to post Share on other sites
Old Habits 0 Report post Posted June 15, 2005 I never really gave the op ex theories much credence, but I suppose HUI 200 and XAU 90 would be good places to wipe out a number of option players. Share this post Link to post Share on other sites
Ander 0 Report post Posted June 15, 2005 Dollar collapses and it causes gold to drop some!? Gold now moving together with the dollar. Looks like gold is now the anti-euro. Share this post Link to post Share on other sites
OldMan 0 Report post Posted June 15, 2005 Dollar collapses and it causes gold to drop some!? Gold now moving together with the dollar. Looks like gold is now the anti-euro. <{POST_SNAPBACK}> My take on it: Over time it should become more obvious to more people that fiat currencies are not a good store of value. Of course, this is a slow process, but gold, silver, and many other commodities should benefit from it, eventually. OldMan Share this post Link to post Share on other sites
Charmin 3 Report post Posted June 15, 2005 creek at 9.40 area Share this post Link to post Share on other sites
Charmin 3 Report post Posted June 15, 2005 so far gold absorbing supply at the supply line... Share this post Link to post Share on other sites
Guest Report post Posted June 15, 2005 Anyone looking at alternative energy stocks ? DESC has been wonderful the last few weeks Share this post Link to post Share on other sites
wxman 0 Report post Posted June 15, 2005 my guess is that today is the top for HUI, XAU an approximate 70 trading day cycle would say this is the top, with a low about 9-10 weeks away. The previous peak in march was about 70 td previous and similarly the the May and Feb lows. The patterns are too similar for me not to ignore them. someone else's chart, maybe Grin's: http://tinyurl.com/d84vc we could now drop down to lower targets, HUI 140, if the next leg down is equal to the previous 2, (about 60 HUI points) http://tinyurl.com/7f437 Share this post Link to post Share on other sites
Charmin 3 Report post Posted June 15, 2005 can RGLD bust the weekly trading range highs around 20? approaching... GG 15.50? Share this post Link to post Share on other sites
Old Habits 0 Report post Posted June 15, 2005 Interesting take Waxman. I wouldn't have the slightest idea of what a top or a bottom looks like anymore, but your guess is as good as anyones. I guess you can color me "gold kook". http://wallstreetexaminer.com/index.php?itemid=1090 Sold my rental house in less than a week for a $1000 more than asking price at a ridiculous $400K for a dump in the California desert. At least I won't be the bagholder of record in this R.E. bubble. Share this post Link to post Share on other sites
Ander 0 Report post Posted June 15, 2005 Dollar collapses and it causes gold to drop some!? Gold now moving together with the dollar. Looks like gold is now the anti-euro. <{POST_SNAPBACK}> Never mind, it just took gold a bit to react... Share this post Link to post Share on other sites
traderfromhell 0 Report post Posted June 15, 2005 my guess is that today is the top for HUI, XAU an approximate 70 trading day cycle would say this is the top, with a low about 9-10 weeks away. The previous peak in march was about 70 td previous and similarly the the May and Feb lows. The patterns are too similar for me not to ignore them. someone else's chart, maybe Grin's: http://tinyurl.com/d84vc we could now drop down to lower targets, HUI 140, if the next leg down is equal to the previous 2, (about 60 HUI points) http://tinyurl.com/7f437 <{POST_SNAPBACK}> I might as well agree with you on this board as well. Looks like a trading turn is coming but may be a top 30 days from the bottom. Share this post Link to post Share on other sites
