Running Flat Correction: http://www.321gold.com/editorials/rosen/rosen021616.pdf
In this report I look at the long term technicals for the gold price, the dollar index and the silver price.
Why the Second Leg of the Gold and Silver Bull Market Will Be One for the Ages.
7 years ago by maneco64 (74)
$41.04
- Past Payouts $41.04
- - Author $33.74
- - Curators $7.30
82 votes
- + ats-david: $21.274 (20%)
- + worldfamous: $5.346 (100%)
- + themonetaryfew: $2.707 (100%)
- + justinws: $1.897 (100%)
- + bobbylee: $1.861 (100%)
- + dan-bn: $0.840 (20%)
- + speda: $0.676 (25%)
- + jchch: $0.647 (20%)
- + bacchist: $0.448 (20%)
- + thylbom: $0.439 (100%)
- + maneco64: $0.384 (100%)
- + ilanaakoundi: $0.373 (20%)
- + freeforever: $0.368 (70%)
- + michelle.gent: $0.367 (20%)
- + mckenziegary: $0.304 (100%)
- + ourlifestory: $0.303 (20%)
- + kepo777: $0.231 (100%)
- + supergoodliving: $0.230 (20%)
- + greymass: $0.219 (20%)
- + ebargains: $0.173 (20%)
- … and 62 more
Well done post You deserve for getting Upvote from me. I appreciate on it and like it so much . Waiting for your latest post. Keep your good work and steeming on. Let's walk to my blog. I have a latest post. Your upvote is high motivation for me. Almost all Steemians do their best on this site. Keep steeming and earning.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@hamzaoui Thanks.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
U are welcome and plzzz help by Upvoting
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This comment has received a 0.07 % upvote from @booster thanks to: @hamzaoui.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This comment has received a 0.07 % upvote from @booster thanks to: @hamzaoui.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Markets are crazy nowadays. So many geo political uncertainties, but gold don't seem to bother.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Based on this chart, I'm shocked we didnt see some action on Thursday and Friday.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@longstocksilver Just like the seasons markets sometimes do not react exactly when we expect.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Indeed. It does have me bullish/optimistic in the coming weeks.
Great video, thanks!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Options expiry. Wait until next week.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I focus on Silver. I see the dollar going lower. I also see the gold silver ratio as being high. So, the up side for silver is very strong. I expect an external event to motivate the next move higher.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The silver move will be even more impressive than gold a great deal more volatile in my opinion.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's silver chart you posted maneco is really Insane. Just highlights so clearly how the cartel has put more energy into suppressing silver. How on earth it can be below $17 is crazy. I guess Bill Murphy is right when he says silver is the cartels kryptonite
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin is going to replace gold :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@mountrock We will have to see about that. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Is going to? Without cypto gold and silver would not be in the doldrums.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin and gold are somewhat complementary. Gold as a physical store of value, Bitcoin as a digital medium of exchange with some inflation protection. I think in reality what we will see is some government backed crpto with an element of gold backing - OneGram from the middle east is a solid contender for that region. There will be others.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
GOLD, why no go up ლ(ಠ益ಠლ)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hopefully the gold move will be sooner rather than later. Since the cryptos took off gold and silver seems more unloved than every
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@dune69 Yes but patience is key.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Definitely.. I've ridden the metals markets down and back up again with all my holdings intact . I'm all set and happy to wait it out.
I always enjoy your take on the market.. Thanks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@maneco64 this is an interesting topic to have a discussion!
The path chosen for civilization is the digital economy (cashless society) so viewing that script we can entertain the idea of what will happen to the U.S. Dollar and if we should even peg our gold and silver in terms of dollars?
Fedcoins, bitcoins, steem dollars or commodities such as housing, food, etc...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@ronmamita Let's hope we do not get anything related to the Fed like FedCoin.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think it's a done deal, the central banks and governments are too far along with their plans to implement blockchain tech - see the 2017 schedule:
https://steemit.com/blockchain/@ronmamita/pressure-to-rollout-central-banks-and-governments-blockchain-policies
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree it's an interesting subject. In an ideal world free competing market (not government) currencies would be the answer.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Which is why I write about it so frequently: #endthefed , and the digital economy for what they call "the fourth industrial revolution" with bots, blockchain tech, biometrics, A.I. supercomputers, etc.
PS: I know you know the cartel don't want free and competitive markets
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice to see another market technician here. I do have to respectfully disagree on the long-term Gold price. I'll include a chart for reference.
Source Image Link (Right-click to open in a new tab or window.)
What I'm seeing here is a long term parabolic rally (the three phases marked on the monthly chart), followed by the inevitable correction and a sideways movement into a winding triangle.
This indicates to me that volatility is declining at the moment, but when it reaches the apex of that triangle of ~1,240's around early January of 2018, my personal take is that there's a good probability of Gold breaking lower before any recovery occurs.
It may seem a bit counter-intuitive, but given the rumors of gold-fix suppression and market manipulation, I think this will be the final swan dive before the out-of-control debt in the system provides the fuel for a Gold rally.
Like the commentary, followed and look forward to your future posts!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You could be right there, although it does seem like everything is coming to a head and the price will resolve itself soon. I agree / hope with Maneco that it will resolve to the upside.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has been ranked within the top 80 most undervalued posts in the second half of Jul 01. We estimate that this post is undervalued by $21.82 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jul 01 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hope so. The downtrend of the last 6 years is wearing a bit thin now. I've been through every investment emotion.
2011 - Euphoria then Shock
2012 - Hope
2013 - Despair
2014 - Disinterest
2015 - Head in hands!
2016 - Cautious anticipation
2017 - Sigh!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit