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  • » March is around the corner, watch below for gold

#1 2017-02-14 18:09:33

leon1998
Member
From: United States
Registered: 2014-11-26
Posts: 687
Trades :   

March is around the corner, watch below for gold

Several points:

1. Rate-hike talk, is louder and louder; most important thing being, US dollar is moving up firmly.

2. Daily chart of gold in USD: MACD(price momentum)  turns down, deadth-cross is imminent; price overlap with previous peak ------ UGLY!

Looking forward to a retest of 1,200 USD/oz SOON. And more likely than not, the test will fail and see ya under 1,100 USD/oz before July.

tongue

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#2 2017-02-14 18:22:22

SpacePete
Silver Stacker
Registered: 2014-03-01
Posts: 13,437
Trades :   122 
Website

Re: March is around the corner, watch below for gold

neutral


Catus amat piscem, sed non vult tingere plantas

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#3 2017-02-14 18:38:52

spannermonkey
Silver Stacker
From: Vic or pissed
Registered: 2010-06-04
Posts: 14,645
Trades :   228 

Re: March is around the corner, watch below for gold

go-crazy-o_zps28cbd376.gif~original


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#4 2017-02-14 18:47:04

ozcopper
Administrator
From: Australia
Registered: 2009-07-16
Posts: 13,983
Website

Re: March is around the corner, watch below for gold

Lol.

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#5 2017-02-14 18:51:28

spannermonkey
Silver Stacker
From: Vic or pissed
Registered: 2010-06-04
Posts: 14,645
Trades :   228 

Re: March is around the corner, watch below for gold

It's Rene Rivkin's ghost stuck in the interwebbs tongue


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#6 2017-02-14 19:07:16

JulieW
Silver Stacker
From: Australia
Registered: 2010-10-14
Posts: 11,097

Re: March is around the corner, watch below for gold

Two more old pubs in Melbourne becoming apartment blocks. CFA gets front page on The Sun about "audacious" pay increases. Teachers now lining up for more of the same. Health Fund increases double CPI.

Germany taking home another 13 billion of their gold from New York. Fed pouring petrol on the fire.

Gold not worth owning?

Yeah sure.

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#7 2017-02-14 20:05:04

SpacePete
Silver Stacker
Registered: 2014-03-01
Posts: 13,437
Trades :   122 
Website

Re: March is around the corner, watch below for gold

JulieW wrote:

Two more old pubs in Melbourne becoming apartment blocks. CFA gets front page on The Sun about "audacious" pay increases. Teachers now lining up for more of the same. Health Fund increases double CPI.

Germany taking home another 13 billion of their gold from New York. Fed pouring petrol on the fire.

Gold not worth owning?

Yeah sure.

"What's coming down is the fruit of the gross mismanagement of our society since it became clear in the 1970s that we couldn't keep living the way we do indefinitely — that is, in a 24/7 blue-light-special demolition derby. It's amazing what you can accomplish with accounting fraud, but in the end it is an affront to reality, and reality has a way of dealing with punks like us. Reality has a magic trick of its own: it can make the mirage of false prosperity evaporate."


Catus amat piscem, sed non vult tingere plantas

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#8 2017-02-14 20:05:59

bretto
Member
From: Australia
Registered: 2011-05-07
Posts: 185
Trades :   17 

Re: March is around the corner, watch below for gold

hahahahahahhahaha   big_smile

Its an interesting time to be alive

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#9 2017-02-14 21:51:00

Nugget_Hunter
Silver Stacker
From: Southern Sydney
Registered: 2017-01-11
Posts: 1,310
Trades :   17 

Re: March is around the corner, watch below for gold

I'm working a double shift today.

Saw this great movie on the weekend. Who else liked 'Split' ?

My car got written off by Insurance company last week.

Mum's cat stayed at the Vet's all day recently.

I like coins .....

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#10 2017-02-14 21:53:28

spannermonkey
Silver Stacker
From: Vic or pissed
Registered: 2010-06-04
Posts: 14,645
Trades :   228 

Re: March is around the corner, watch below for gold

My dog farted
And spot fell
Is it my fault ?


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#11 2017-02-14 22:11:31

Stoic Phoenix
Silver Stacker
From: little things big things grow.
Registered: 2014-11-12
Posts: 2,940
Trades :   182 
Website

Re: March is around the corner, watch below for gold

Is the dogs name spot?
If so his flatulence and his clumsiness are both his own fault.


www.searchnstay.com    ....for all your accommodation needs worldwide

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#12 2017-02-14 22:31:23

spannermonkey
Silver Stacker
From: Vic or pissed
Registered: 2010-06-04
Posts: 14,645
Trades :   228 

Re: March is around the corner, watch below for gold

Stoic Phoenix wrote:

Is the dogs name spot?
If so his flatulence and his clumsiness are both his own fault.

All I know is
Spot is an evil bastardnand doesn't listen to anybody , never had any obedience training tongue
I don't own a dog  lol


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#13 2017-02-14 22:40:56

Stoic Phoenix
Silver Stacker
From: little things big things grow.
Registered: 2014-11-12
Posts: 2,940
Trades :   182 
Website

Re: March is around the corner, watch below for gold

spannermonkey wrote:

My dog farted.
Spot fell.
I don't own a dog  lol

All I can say is that must have been one hell of a fart.
My commiserations to you for your loss. wink

Last edited by Stoic Phoenix (2017-02-14 22:46:00)


www.searchnstay.com    ....for all your accommodation needs worldwide

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#14 2017-02-14 23:03:50

Jislizard
Silver Stacker
From: Australia
Registered: 2011-04-07
Posts: 7,467
Trades :   57 

Re: March is around the corner, watch below for gold

There is a death-cross imminent and you people are all carrying on as if it is nothing!?!?!?

What is wrong with you?

It's a @#$! DEATH-CROSS and it is IMMINENT! Which of those words don't you understand?

Wait...

it's a deadth-cross...

carry on


Now stacking: World Junk Silver Coins.
Swap your older, worn, dirty fractional silver coins for fiat, .999 rounds or legal tender. 
Individual coins, mixed lots or bulk. 
Not looking for Australian, bent, holed or damaged coins, thanks!

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#15 2017-02-15 02:37:52

leo25
Member
From: Sydney
Registered: 2010-06-08
Posts: 1,349
Trades :   

Re: March is around the corner, watch below for gold

can someone tell me what the time is?

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#16 2017-02-15 02:44:22

spannermonkey
Silver Stacker
From: Vic or pissed
Registered: 2010-06-04
Posts: 14,645
Trades :   228 

Re: March is around the corner, watch below for gold

leo25 wrote:

can someone tell me what the time is?

Hair past a freckle wink


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#17 2017-02-15 04:17:07

Skyrocket
Silver Stacker
From: Melbourne
Registered: 2014-07-20
Posts: 4,851
Trades :   36 

Re: March is around the corner, watch below for gold

spannermonkey wrote:
leo25 wrote:

can someone tell me what the time is?

Hair past a freckle wink

..past a wart actually  big_smile

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#18 2017-02-15 04:48:40

spannermonkey
Silver Stacker
From: Vic or pissed
Registered: 2010-06-04
Posts: 14,645
Trades :   228 

Re: March is around the corner, watch below for gold

Skyrocket wrote:
spannermonkey wrote:
leo25 wrote:

can someone tell me what the time is?

Hair past a freckle wink

..past a wart actually  big_smile

Maybe on your watch yikes
Mine runs to it's own beat big_smile


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#19 2017-02-15 04:56:09

kutylin
Member
Registered: 2014-04-16
Posts: 416
Trades :   

Re: March is around the corner, watch below for gold

leon1998 wrote:

Several points:

1. Rate-hike talk, is louder and louder; most important thing being, US dollar is moving up firmly.

2. Daily chart of gold in USD: MACD(price momentum)  turns down, deadth-cross is imminent; price overlap with previous peak ------ UGLY!

Looking forward to a retest of 1,200 USD/oz SOON. And more likely than not, the test will fail and see ya under 1,100 USD/oz before July.

tongue

I like your thoughts as I plan to buy gold in March and later )))

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#20 2017-02-15 05:02:24

spannermonkey
Silver Stacker
From: Vic or pissed
Registered: 2010-06-04
Posts: 14,645
Trades :   228 

Re: March is around the corner, watch below for gold

Actual pic of "Leon1998 " yikes

images1ww.jpg~original

Last edited by spannermonkey (2017-02-15 05:04:21)


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#21 2017-02-15 05:03:42

spannermonkey
Silver Stacker
From: Vic or pissed
Registered: 2010-06-04
Posts: 14,645
Trades :   228 

Re: March is around the corner, watch below for gold

Stoic Phoenix wrote:
spannermonkey wrote:

My dog farted.
Spot fell.
I don't own a dog  lol

All I can say is that must have been one hell of a fart.
My commiserations to you for your loss. wink

I was just claiming the glory ,as the dog was nowhere to be found yikes
2471_poop.jpg~original


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#22 2017-02-15 06:40:34

JulieW
Silver Stacker
From: Australia
Registered: 2010-10-14
Posts: 11,097

Re: March is around the corner, watch below for gold

spannermonkey wrote:
Skyrocket wrote:
spannermonkey wrote:

Hair past a freckle wink

..past a wart actually  big_smile

Maybe on your watch yikes
Mine runs to it's own beat big_smile

"I'm sitting on my watch so I can be on time"

- Bob Dylan.

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#23 2017-02-15 07:43:16

leo25
Member
From: Sydney
Registered: 2010-06-08
Posts: 1,349
Trades :   

Re: March is around the corner, watch below for gold

JulieW wrote:
spannermonkey wrote:
Skyrocket wrote:

..past a wart actually  big_smile

Maybe on your watch yikes
Mine runs to it's own beat big_smile

"I'm sitting on my watch so I can be on time"

- Bob Dylan.


I wonder if winding back an analog clock allows you to go back in time? i guess not otherwise Leon's timing wouldn't be wrong all the time.

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#24 2017-02-15 08:12:44

leo25
Member
From: Sydney
Registered: 2010-06-08
Posts: 1,349
Trades :   

Re: March is around the corner, watch below for gold

did someone here make this?

I-rarely-ask-questions-But-when-I-do-I-ask-Leon-meme-26356.jpg

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#25 2017-02-15 14:18:45

Noxx
Member
Registered: 2016-09-29
Posts: 39
Trades :   

Re: March is around the corner, watch below for gold

I think he is right. At this point it's still just a spike up on a long downward trend. It would have a little ways to go up yet before it breaks out of that trend. It's looking more likely that we'll have rate increases and money chasing those increases instead of gold and silver. The goal right now is eventually to hit 3% rate (and I think for this year 1.4%). That is a lot of rate increases and a lot of pressure against precious metals. And it's going to unfold for years. If it pans out they will keep going for more increases for years on end. If we get back to being able to make 5% in our savings accounts again where do you think all the money is going to go? It will be a guaranteed rate and almost risk free interest. Gold and Silver will look like turd investments compared to that for the general public.

However the dollar is also kind of high but could go either way though. It's on an uptrend but may want to pull back from these nice gains it's had. And I do see some cracks in the foundation of the economy too. So if things collapse it's Silver and Gold to the moon. I guess just do what you want to do but let's remember everyone is free to have an opinion. Should always have some gold and silver though. I'm still going to find the gains and follow cycles the best I can. I watched 40 oil stocks and most of those double and tripled this last year. I bought some of those at the bottom. Didn't get in enough though. Made some nice profits on what I did buy. Bought a lot more recently. Still have a massive upside potential. Making dividends too in the meantime. Ultimately you need to follow where you think the most is to gain. Don't have your heart stuck on one thing, and always diversify in case something doesn't pan out. People get tunnel vision with gold and silver. Don't get to attached to one thing. Try to step back and have an objective view of the entire markets.

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