This gallery contains 9 photos.
Lets start with the daily bar chart for the pm complex which has the horizontal black dashed S&R line taken from the previous high. Think of them as more of a support zone, brown shaded areas on the left side … Continue reading
This gallery contains 11 photos.
In this last post for the Quarterly Report I would like to update some very long term charts for some of the US stock markets and other areas to see how this secular bull market has been progressing since the … Continue reading
This gallery contains 5 photos.
For the last 2 days our internet has been down which really makes you appreciate this miracle invention. We’ve had intermittent problems through the years that no one has been able to figure out until today. The phone company finally … Continue reading
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The trading range on the HUI and other PM stock indexes continues its job of confusing both the bulls and bears alike. I’ve always said that trading an impulse move is much easier than trading during a consolidation phase. During … Continue reading
This gallery contains 5 photos.
I’m not going to have a major theme this weekend but more of a general look at some of the different areas that make up the markets. Most will be long term charts so we can get a feel for … Continue reading
This gallery contains 7 photos.
I’ve been posting exclusively for the last 2 months on the PM complex as I know that is most of our members main focus. Since the PM complex is now in consolidation mode I would like to take this time … Continue reading
This gallery contains 18 photos.
Trivia Question-Who said this quote? “Gold gets dug out of the ground in Africa, or some place. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. … Continue reading
This gallery contains 5 photos.
Tonight lets take a look at the bad boy of the PM complex, silver. If you’ve been following silver for any length of time then you know it can be aggravating at times as we’ve seen fairly recently when gold … Continue reading
This gallery contains 11 photos.
Tonight I would like to go over some PM charts looking for a possible place for our current impulse move to find some strong resistance that could lead to the next consolidation phase. It’s not going to be easy as … Continue reading