Updates On Gold:GBP, Gold:Yuan, and Canamex Security Tokens
David Vincent, Canamex CEO and technician joins me to share a couple gold charts he is watching as well as provide an update on Canamex. The gold charts a presented below and show gold in terms of GBP and Chinese Yuan.
In terms of Canamex the Company is now one step closer to having fully trade-able security tokens by signing a deal Memorandum of Understand (MOU) with Malta Digital Exchange Holdings. David answers some basic questions on how this exchange will function and the benefits to investors when it is up and running (anticipated in early 2019). The Gold token offering is closed but the silver token offering is still open until the end of November.
Click download link to listen on this device: Download Show
Click here to read over the full news release.
Here are the charts (click on the charts for a full screen view)…
Yes, a very exciting chart, one that I have never looked at before.
I assume this will make gold even more attractive in chinese eyes.
The gold-silver ratio is probably working on a double top:
Gold could drop to 1205 this week without causing a technical problem:
GDXJ has essentially filled its Oct. 11 gap:
As usual thanks for the great charts. Would you mind sending some charts on SIL and SILJ? Also, wondering if you picked up and additional shares of ISVLF given the drop down to $0.20 today.
I only trade Impact using IPT but did not buy today.
Stocks are still having a hard time bouncing despite oversold readings:
Anyone on the board know what is going on with Dolly Varden today? Looks like it might be breaking out.
I no longer own or follow DV but it does look good:
Let’s see what it does with that .45 area:
Thanks for the level. The volume has picked up some, but still fairly light. I have been on the sidelines for a while given the added volatility.
Speaking of levels, .265-.26 is one to watch for IPT…
I like that gold:CYB chart. Here it is without the ads over it: