_____________________
Flying around the Central Mitten today via large American Sedan, one cannot help but be astounded by the plethora of funnel clouds in so many seemingly peaceful rural burgs these days. If Mother Nature cannot leave lie a town known for 361 days of Christmas (despite its Mary Shelley-esque name) and not one but two Wiener Schnitzel Emporiums, then I just don’t know what the world is coming to. I tell you, if this road trip gets any more adventuresome, it may take me four days to hitch hike from Saginaw all the way home.
Things were no less tornadic in the precious metal miners markets today, with that rally off support finally coming through for us:
Even more mucho blasto than Baby $HUI, however, were my faithful Jacksonians, with SLW, EXK, ANV, PAAS, SSRI, EGO and even TCK up anywhere from 5% to 9% today.
And not to be overly boastful, but I thought it quite shiny that my final call of yesterday’s post — that laggard AG would catch up to it’s brethren in rapid fashion — came through like a dolorous Dakota Fanning in a crying scene, to the tune of almost 11% in cash gains. Note the chart, and the accompanying caveat:
Note well my easily excitable Adderall dependents — one strong day does not a rally make. As you can see above, many many of our Jacksonians are banging their heads on 20 and 50-day EMA’s. I would not be surprised at all, therefore, to see a pullback from these levels, and perhaps one all the way back to the 500 level on the Baby $HUI.
Most likely we’ll see the most trouble at the old breakout line on the $HUI — at $519 give or take a smidge. Be aware of your levels and do not get caught flat-footed. In the meantime, silver still looks like the recovery drug, although traditionally hot money gold plays like ANV (up 8.83% today) are coming in close behind.
Be safe out there, and keep your helmets on.
________________________
If you enjoy the content at iBankCoin, please follow us on Twitter
Yeah, more of same probably, but great charts, and $ HUI’s 200 MA looks convincing.
well a person can work up a mean, mean thirst
after a hard day of nothing much at all
the summer has past its too late to cut the grass
….
….
you’re like a picture on the fridge thats never stocked with food
i used to stay at home now i stay at the house
call out your name
yeah now here comes a regular, am i the only one here today?
i’ll take a great big whiskey to you anyway
Okay, I’ll bite… what’s the reference? Besides the Replacements tune, I mean?
_______
Stop at the Frakenmuth brewery. It’s well worth the visit. Good food.
Wish I’d talked to you last night. We went to the Lederhosen joint instead for laffs. Upside was we got the one hot waitress in the joint.
___
Or if you want a disgusting quantity of bacon, go to Tony’s. They put a pound on every BLT! Fat-back America baby!
I haven’t eaten at Tony’s in years. Used to stop there all the time, when I was younger.
Tony’s is sick anyways, I would highly suggest skipping it.
Ha, have you ever even been there?
Perhaps we should invite him to a certain microbrew south instead…
http://rt.com/news/netherlands-mint-scannable-coin/
Interesting idea. Modern tumbago.
Yes another brilliant comment Go2. BTW: I had to take a pause at terraforming Mars (Ch. 8). Brilliant book, but only so much time and energy in a day. Will finish soon, Great reference!
Glad you’re enjoying it!
Saginaw? Go Yoop or go home. Only trolls go below da bridge, eh.
Fug the Yoop. If I want to see inbred fuckers, Eastern Kentuck is a lot closer.
____________
Final tranche in QRM taken @ $4.32 …
Also, I increased my “exposure” to GDLNF by 150% @ $.55 for the coming uranium bounce and long term HREE/LREE reserves.
Correction: $5.32 on QRM
Nice moves up today! Good call on the GDLNF Senator.
Dysprosium has tripled this month!
$HUI pulled back from the 50 dma (527.51) on the weekly and closed right on the 20 dma on the daily.
Now what?
Just protect your ass-ets (profits) at this point?
Chessnwine had a video in The PPT about the miners and his take is they are a long trade.
Question is, how long, lol?
Marc David hasn’t been around, but I sure hope he took your advice Jake to buy some GDX.