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Monday Technicals from Rick

Big Al
December 1, 2014

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Discussion
18 Comments

    Al…………..is the age of the swing from the bottom in gold……….

    Dec 01, 2014 01:49 AM

    Big Al
    The last day of the month (Nov.) profit taking and end of month sqaring off .

    Peter

    IT WAS ……the BRIC bat

    Dec 01, 2014 01:50 AM

    Big Al, you receive my e-mail about the GLD, GDX and GDXJ on Friday? What do you think?

    Dec 01, 2014 01:51 AM

    Big Al, HAPPY GOLDEN BIRTHDAY!!!

    Dec 01, 2014 01:54 AM

    Happy Birthday Al.

    I am surprised there isn’t more discussion about the change in the Indian import rules. The Swiss referendum was priced in….the Indian change wasn’t.

    The oil price going lower helps India more than most countries. Extra money in the Indian’s pockets goes to gold. Extra money in American’s pockets goes to silicone implants and iphones.

    Dec 01, 2014 01:05 AM

    HAPPY BIRTHDAY!!!
    We share the same day so all the best.

    Dec 01, 2014 01:20 AM

    Al,

    If gold is going to react this way on your birthday maybe you should have a birthday everyday!

    Happy Birthday!

    Dec 01, 2014 01:24 AM

    Cory you want to wait on the sidelines until you see a clear trend…

    You and everyone else who is out of the market.

    When will you realize it is you who are taking on the risk by being out of this market?

    You can’t accumilate if you don’t speculate
    You can’t pick it up if you don’t put it down.

    Now is not the time to play it close to the vest
    It is the time to take the rubberband off the bank roll and bet with both hands

    Dec 01, 2014 01:38 AM

    Cory I like your attitude.You are a clever guy and you are an example of how a trader should be.Patient,diligent and not jumping into conclusions.Technicals are still bearish for gold.A day does not make a trend.

    Dec 01, 2014 01:45 AM

    Al, happy birthday and thanks for the site!

    I appreciate the commentary from Gary, Rick, Doc and others here. I gladly consume the info and then just think for myself.

    Good job ‘banging the gong’ on that rude dude. His points may have been valid, but he could have chosen to be less hostile. Oh well, c’est la vie!

    Dec 01, 2014 01:49 AM

    Heads up Rick I bought in gdxj $27 Dec. 20 calls at 1.20 and sold at 2 today thanks to you writing that gold is a bull call at (I believe) 1176. Thanks.

    Dec 01, 2014 01:58 AM

    Happy birthday Al and many thanks for the site.You and your team(cory,gary,chris,rick and the doc) are doing a great job and I appreciate it a lot.I never miss a day.I should say that your site is one of the very best out there. Well done Al and keep up the good work.

    Dec 01, 2014 01:02 PM

    Happy birthday Big Al.
    Hope you enjoy the day celebrating it with family & friends

    Dec 01, 2014 01:26 PM

    AL , JAY , AND RON PAUL ! AL at 60 YEAR’s ! https://www.youtube.com/watch?v=USSAEQl0XMM

    Dec 01, 2014 01:19 PM

    Rick, some months ago a few times, you made a really prescient comment about howthe really dumb money often buys at the Asian open. This morning they sold gold and silver off aggressively and then they got taken to the cleaners thoroughly!

    Happy Birthdday Al from me and my little Goddaughter Misha! xoxoxxoxo

    Dec 01, 2014 01:23 PM

    I just read this on Kitco:
    “Citi Forecasts Average 2015 Gold Price Of $1,220/Oz, Silver $16.50/Oz – Kitco News, Dec 1 2014 9:04AM”
    Wow, guys, these guys get extra bonuses for their fertile imaginations! These pieces are within 1% of where they are today. DUH!

    Dec 01, 2014 01:46 PM

    MARKET ALERT!!!
    Massive volume shares registered on GDX and GDXJ:
    25.534778 GDX shares / $19,77/ 16:04pm (after market)
    1.250.000 GDXJ shares/ $27,71/ 17:24 pm (after market)