_______________________
_______________________
_______________________
_______________________
© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy
hey chess, what do u make of the miiner/commodity divergence? i am short gold and expecting some kind of mean reversion between the two.
expect miners to play a bit of catch up here
thx for the reply. i gotta say the force is strong in gold, keeping it on a tight leash….
I have found that your analysis of silver has been correct for the past two months (as long as you have been covering it actually). When I look on the PM sites I either get the “silver is going straight to $100 or “it’s over with, we’ll see $20”. Moreover, the miners have been punished for achieving such great success in such a short period of time and the current general market pull back compounded this correction. Having said this I am still in a holding pattern, awaiting further confirmation.
Concerning an earlier blog and domestics, might I suggest Oregon Pinots in general, but Snoqualmie for their Riesling.
If you put the Bollinger bands on GLD it appears to be entering a tight squeeze. Looks real nice if it plays out.