Monday Technicals from Rick
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Big Al
The last day of the month (Nov.) profit taking and end of month sqaring off .
Peter
IT WAS ……the BRIC bat
Big Al, you receive my e-mail about the GLD, GDX and GDXJ on Friday? What do you think?
Big Al, HAPPY GOLDEN BIRTHDAY!!!
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.
HAPPY BIRTHDAY!!!
We share the same day so all the best.
Al,
If gold is going to react this way on your birthday maybe you should have a birthday everyday!
Happy Birthday!
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
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.
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!
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.
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.
Happy birthday Big Al.
Hope you enjoy the day celebrating it with family & friends
AL , JAY , AND RON PAUL ! AL at 60 YEAR’s ! https://www.youtube.com/watch?v=USSAEQl0XMM
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
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!
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)
Al…………..is the age of the swing from the bottom in gold……….