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Charmin

Weekly Digger - June 13-17, '05

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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.

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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

post-1584-1118831229_thumb.jpg

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Kilo price is still 10 dollar away from the top

post-1584-1118831314_thumb.jpg

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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.

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Dollar collapses and it causes gold to drop some!? Gold now moving together with the dollar. Looks like gold is now the anti-euro.

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Dollar collapses and it causes gold to drop some!?  Gold now moving together with the dollar.  Looks like gold is now the anti-euro.

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

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Guest

Anyone looking at alternative energy stocks ? DESC has been wonderful the last few weeks

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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

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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. B)

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Dollar collapses and it causes gold to drop some!?  Gold now moving together with the dollar.  Looks like gold is now the anti-euro.

 

Never mind, it just took gold a bit to react...

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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

 

 

I might as well agree with you on this board as well. :D Looks like a trading turn is coming but may be a top 30 days from the bottom.

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