iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts

Gold and Uranium Stocks Are Oversold

Gold stocks have been scrotum punched to death the past two weeks, as the bitcoiners stole all the thunder. On average, gold stocks are down a catastrophically 15% during the same time bitcoins crested towards new highs.

Simultaneously, uranium stocks have fallen hard — leaving both gold and nukes in an unlikely ménage with one another — OVERSOLD — according to the basic principles and laws set forth by Exodus.

Both oscillators, which are a composite grade of our technical rankings, are at extremely low levels — based off data compiled over the past year.

In other words, gold and uranium haven’t been this oversold since December.

Do what you like with the information. I’ll continue to hold out for better prices for my wretched $UEC and $URG holdings. SAD!

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10 comments

  1. small pleb

    https://youtu.be/By86PcLufOU

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  2. anjingbauwau

    SLW testing the breakout from Dec 29th….GOLD is the strongest name in the goldies….ABX is also relatively strong….AEM and NEM are weaker….GDX is also at the top of the bar from 12/29/16

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  3. hedge500

    Looks like a good call for both.

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  4. natehois

    March is poo for yellow metal tho, so it has been told to me by the book of Exodus

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  5. bennyhill

    UEC made your year and you are letting it get away!

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  6. s.k.

    If the markets view Trump as Reagan 2.0 then look at how gold performed during those years.

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  7. bennyhill

    Check this out you small minded little right wing tards;

    https://thinkprogress.org/al-qaeda-propaganda-is-using-steve-bannons-islamophobia-against-the-u-s-5a7a9cffc8d9#.440v1uilr

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    • heaterman

      Benny. When will you comprehend and internalize the fact those groups will use anything at all against the US.
      Anything.
      At all.
      Leaves us deserving of complete annihilation.

      No rocket psychology needed here.

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      • bennyhill

        Completely agree – and Trump and Bannon handed them this powerful recruiting tool for ISIS.

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        • JakeGint

          Right, because Obama’s gift of a fractured Libya and Specialty Wedding Drine strikes had them loving us to death? ??

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