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
23,445 Blog Posts

EXODUS OBSERVATION: Gold Flagged Oversold and Now Rallying Off the Lows

Gold was so hated, earlier this week, it bottomed and is now rally off the lows — led by gains in $GORO, $MUX, $NGD, $IAG and $SA.

If you’re a member of Exodus and need a live demo to better understand the platform, please inbox me. For those interested how our algorithms could help you trading sectors, or individual names, please observe our oscillator for gold and how it nailed the bottom in gold — almost to the exact second.

Would you’ve bought gold had you seen the oscillator at the annual lows? Who knows? The point is, you were provided an edge to trade off of — instead of wallowing out there like idiots playing with your StockTwits feed.

What’s OS now? REITs, Drug stores and oil and gas. If you want the details, you’re just gonna have to join the league of gentlemen and quit leeching from the internets.

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13 comments

  1. anjingbauwau

    strongest names include ABX GG GOLD… each of them only pulled back about 50% off the recent high…..

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    • Po Pimp

      Pulled back “only” 50%? Well that’s comforting.

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      • anjingbauwau

        yes it is Pho Shrimp…you could have been in CDE or maybe HL……they took out their December lows…….

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        • Po Pimp

          Or maybe something that didn’t pull back 50% to begin with? Novel concept to you I’m sure, curry muncher.

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  2. anjingbauwau

    DGC detour gold……. these guys would make a nice addition to one of the majors….

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  3. soupbone

    Gold will take your money. Oil and gas will be needed for your car to proceed down the road. Unless you are driving something liberal or maybe bicycling.

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    • peaches

      Women like shiny things. We would be picking berries in the jungle covered in feces if we didn’t spend our lives trying to make women happy. Buy a girl in your life something made of silver or gold.

      In 100 years oil will be sticky stuff we used to use.

      Silver will be scarce. Solar panel construction, cell phone and electronic device consumption, especially in developing nations and central bank manipulation everywhere.

      I highly doubt anyone will ever walk by a gold eagle on the ground. Ever.

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  4. lesurgeon

    I saw the OS yesterday and bought 500 shares of JNUG.

    BECAUSE, In exodus I trust…

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  5. peaches

    Silver. SIL AG HL.

    AG First Majestic. They own silver mines all over the world. It costs them less this year than last year to take it out of the ground, and will cost less next year. It’s a good buy even if the price of silver stays where it is.

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    • anjingbauwau

      HL really? MAG PAAS GPR USAS or even ASM.. but HL I think not

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  6. moosh

    I’m tempted to dip my toes into tankers. What the shit is going on with $DHT?

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  7. the dude

    Dollar falling. Gold going to go higher.

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