Gold Bull

  1. 4.7k
    Posts

    January 2017 - February 2020: Increase of $2.25T US M2 money Supply.
    February 2020 - May 4, 2020: Increase of $2.25T

    After 8 full weeks of market action since QE∞ was announced on March 23.

    Dollar Index $DXY -2.4%
    Comex gold $GC +17.8%
    S&P 500 $SPY +24.1%
    Comex silver $SI +37.7%
    Gold miner ETF $GDX +77.9%

    Infllation coming?

    1 like
  2. 2.6k
    Posts

    Nice early move.....1754US

    1 like
  3. 4.7k
    Posts

    POG easing down to the buy zone. Next Monday PH Memorial Day in USA.
    I will be looking for the buy point next week after .the PH

    1 like
  4. 5.7k
    Posts

    It's been a long time since I've seen the gold producer sector retrace this hard overnight/intraday.

    Did have a huge run.

    Reset for next????

    Or gold to Peter????

    Former imo.

    Plenty of green with volumes amongst the gold specs. Taking sector lead now

    3 likes
  5. 2.7k
    Posts

    The "Federal" Reserve chairman Powell's statement to do whatever is necessary to help the economy, which translates to a fake prop-up of the US stock markets, has had the DOW go from 18,000 to 25,000 therefore diminishing the the inverse correlation between it and the gold price.

    1 like
  6. 155
    Posts

    prob a few bargains if you dont think this prop up will last long

    2 likes
  7. 4.7k
    Posts

    TBR 0% drop.
    Buy the dip

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