Rick Ackerman’s Technical Forecasts – Thu 8 Aug, 2013

Rick Ackerman and Technicals

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Looks like Rick is correct and we will be updating this later this morning.


Featuring:
Rick Ackerman

Comments:
  1. On August 8, 2013 at 7:49 am,
    clay says:

    6 month GOFO went negative today for the first time ever.

    http://www.lbma.org.uk/pages/?page_id=55&title=gold_forwards&show=2013

  2. On August 8, 2013 at 8:00 am,
    cfs says:

    How about Platinum, hey, hey, hey!

    • On August 8, 2013 at 12:55 pm,
      JERRY the Long..................O^OTB says:

      I said last week, platinum was sneaking away from gold………..

      • On August 8, 2013 at 1:06 pm,
        JERRY the Long..................O^OTB says:

        the ratio is .89, gold to plat,,,that is the best in 3 yrs.or longer.

      • On August 8, 2013 at 1:44 pm,
        Big Al says:

        Yes you did The Tall!

  3. On August 8, 2013 at 8:15 am,
    Paul L says:

    Gold is clearly past the 20 day and headed to the 50 day around 1317. Glad I stocked up on a ton of nem the last 2 days. General market is weakening and dollar collapsing which should help this sector. At 1309 right now. It should break 1350 in a few days at most and head to 1400 I believe before the momentum dies and then it should correct down significantly down to 1350 or lower.

    • On August 8, 2013 at 10:19 am,
      Big Al says:

      Still, Paul L, $1350 is better than the last few weeks!

  4. On August 8, 2013 at 9:10 am,
    Fred says:

    Blew away the 1306.50 that Rick stated since it went past 1313, so that is good news so far.

    • On August 8, 2013 at 10:23 am,
      Big Al says:

      So far, Fred, so far!

    • On August 8, 2013 at 10:46 am,
      Irwin says:

      Slow and steady,
      moon-shot Freddie.

      • On August 8, 2013 at 1:37 pm,
        Big Al says:

        Should I add “wins the race”!

  5. On August 8, 2013 at 6:36 pm,
    Paul L says:
    • On August 8, 2013 at 9:35 pm,
      Big Al says:

      I believe you Wii be proven correct.