“This Could Be the Start of Something Big”
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We believe that the lackluster performance of the equities markets throughout the world have resulted in the performance of gold which so far in 2016 has been very strong. How about you?
a good summary……………imo
Chris and Rick are true honest people. No wild claims. smart advice.
I couldn’t agree more. If Doc says “like I have been saying for weeks” again I am going to explode. Doc totally missed this move and many others and I wish he would acknowledge more.
LIKE DUH……………..
meant for the quote on the stock market
Right on Frank.
Chesapeake energy statement.
http://www.chk.com/media/news/press-releases/Chesapeake+Energy+Corporation+Statement+2+8+2016+
usawatchdog……….Greg Mannarino(sp)…..Dow might be looking at 6000
Parity with gold in other words…yes?
I would think so……………..
I mentioned before,,,,,,,,,,T BOONE……..has dumped all his OIL STOCKS …zerohedge
this is the MAN WHO has been BULLISH OIL for years………
Has there been any corroboration of that story elsewhere? That’s one of the things I surely wouldn’t take Zero Hedge’s word for.
I went to the site, Professor. Not really sure how much credibility it has.
Maybe we could wait for CNBC to come out with the story…..or NY TIMES, or Bloomberg, ……
funny
I’ll answer my own question:
This contains a link to a Bloomberg interview with Pickens.
oops……………………..
thanks for the apology…………
As neither would I, Chris.
He likely dumped on the powerful rally that just happened and is likely buying back in slowly.
I bought a small amount of Dust at 6.24 and 6.48 for the 1st time. Sold my vixy too early at the open. I bought back my big BP position much lower then my last selling price a few days ago when I saw some strength in oil as it bounced back to 30+. For the 1st time I bought some Netflix from 82 to 84.. I had been waiting for 70 to 75 but I don’t think that will happen. Netflix will get pushed up well over a $100 again.
Exxon is breaking out above the 50 and 200 day averages which means the bottom in oil is likely in. It is up .86% now.
Not necessarily. XOM might profit long term from an oil drop to $20 as their competition sells assets dirt cheap. XOM will be buying.
You could be right but I bought back in my huge big oil position and I am positive even with this market crash. I think investors want to get in to the large caps before it is too late as they expect oil to be much higher by year end near $50.
look out , you might have to verify……………….lol
Oh, thanks for the extra reports on T Boone……………….
As I look at the TIMING of gold price changes and stock market changes AROUND THE WORLD….
It seems to me that most of the FEAR factor in prices changes is coming out of Europe.
America seems, for the most part, complacent. Reacting to changes, Yes, but not driving the changes.
2cents.
I feel the same way at least at this moment in time, Professor.
Europe has more reason to be skittish…its banks are about to implode again, despite all the money printing by Draghi
Gary Savage and Michael Oliver seems to have nailed it recently, you should bring those guys on more often. They are very specific and accurate
As soon as we get a few things agreed to, Gregory.
Absolutely TRUE,the ONLY two guys who deserve to be remembered about the end of this damn bear market in gold are MICHAEL OLIVER and GARY SAVAGE.
Avi Gilburt,Rambus,Plunger,Jordan Ray Byrne,Dan Norcini and MANY other were all convinced that another downleg was in the making.
Now most of them are saying that the bear is over!!!
Clive Maund 🙂
Agreed on Clive Maund. Morris Hubbartt & Gary Wagner also nailed it. Eric Coffin was also on track, and there were #’s of traders on goldtadise and 321gold that called this move. etc…. etc….
It is very rarely just 1 person calling anything in such dynamic markets.
Exxon now up 1.74%.
Professional jock………..lol