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Doc shares his thoughts on gold, GDX, and the US markets

Cory
October 28, 2019
Comments (15)

Doc is back this week and is sharing his thoughts on the PMs and US markets. It is very interesting to hear Doc’s outlooks and noteworthy that he is not seeing any major breakouts or corrections in the longer term charts.

GDX gold US Equity Markets
Discussion
15 Comments
    CFS
    Oct 28, 2019 28:32 PM

    https://www.bullionstar.com/blogs/jp-koning/why-are-gold-and-bonds-rising-together/

    CFS
    Oct 28, 2019 28:51 PM

    https://confoundedinterest.net/2019/10/28/worlds-most-elite-bond-club-primary-dealers-are-getting-their-mojo-back-thanks-to-fed-and-congress/

    Some interesting graphs.

    bonzo b.
    Oct 28, 2019 28:05 PM

    Doc, I hope you were at the Michigan-Notre Dame game. Maybe Mich. can beat the Buckeyes after all. Go Astros!

    RICHARD/DOC
    Oct 28, 2019 28:00 PM

    bb, Michigan finally looked like a team worthy of adulation but they will not beat the Buckeyes.

      bonzo b.
      Oct 28, 2019 28:24 PM

      Well if Michigan does not beat the Buckeyes then Bama or LSU will.

    Paul
    Oct 28, 2019 28:15 PM

    Doc will gdx test 25/26 and gold test 1450 in order to clense mkt in order to reset for next move higher?

    CFS
    Oct 28, 2019 28:54 PM

    This talk is about the state of the US in 2014:

    https://youtu.be/7OXBFFJMdTg?t=61
    (Lest we forget where we were headed.)

      CFS
      Oct 28, 2019 28:04 PM

      OOPS WRONG SECTION.

    CFS
    Oct 28, 2019 28:02 PM

    I have an idea for PG&E…..
    https://www.france24.com/en/20191028-energy-companies-turn-to-animal-poo-for-clean-power
    Nothing like two solutions in one.

    Matthew
    Oct 29, 2019 29:24 AM

    If GLD breaks the blue support line on the following chart, the downside move could be 4 or 5 percent (about $75 for gold for a move to around 1415)…
    https://stockcharts.com/h-sc/ui?s=GLD&p=W&yr=3&mn=11&dy=0&id=p81420819398&a=696262434

    Matthew
    Oct 29, 2019 29:48 AM

    The HUI turned up at fork support and is again above its 2018 high…
    https://stockcharts.com/h-sc/ui?s=%24HUI&p=W&yr=5&mn=7&dy=0&id=p53514801757&a=612640758

    Matthew
    Oct 29, 2019 29:23 AM

    SLV’s dip this morning filled most of Thursday’s gap and now an important pivot resistance is in play…
    https://stockcharts.com/h-sc/ui?s=SLV&p=D&yr=1&mn=0&dy=0&id=p46678265745&a=668642308