134 replies to this topic

[Midas1]

Makes no difference me which broker others use. I'm opposed to these instintaneous logon and pay off your card systems as a friend cant access his money at all using ebrokers for us trading....but 8f you insinuating I'm part of try rip off other cartel...no I'm not...make my own cash for myself by myself..have a happy day

[Snippit]

Do you trade snippit? Or have equities as investments?

 

Do you have any discernible methodology to your buying and selling touting or are you just a component of the noise machine that seeks to drum up trading business for your broker interests? As circa 90% of the rest hereabouts do?

[Midas1]

Sold drd 640...not big profit about 5 percent but thought bank..I'll try buy back later if gold is not looking bearish...

[Midas1]

Bought drd yesterday afternoon...as markets generally red and gold looks ok, hoping for some profit in next days...or today..

[Midas1]

Do you trade snippit? Or have equities as investments?

[Snippit]

Gold miners were already going down steadily against a rising gold price before the US announcement on tariff delays.

Not sure how much the insider trading effect has to be in everyone's face before any watch dog anywhere will ever wake up and attempt to do their job. The SEC leads the way for being the most in your face fake entity on the planet. Such consistency takes true grit or something that rhymes with it. The main players of institutionalized corrupt trading practices are of course also the main trading institutions in the USA, but being global brings enormous efficiencies. If your not their partner in crime then you are their victim.

Edited by Snippit, 13 August 2019 - 09:41 PM.

[Midas1]

I read an interesting article saying strikes make platinum go up...as production slows down

[JK001]

Thanks for your input JK

unfortunately there is a lot of 'surfaced' platinum so a strike may not necessary result in a demand issue (short term).

[Dusty Mountain]

 

Actually all gold related shares took a whack today;

Gold is just a store of value where investors hide in rough times:  So equities happy = gold unhappy

Additional tariffs delayed to 15 December =  equities happy

What could make equities unhappy earlier is if HK strikes escalates to violent oppression.

Sibanye got a tripple wammy that made them suffer more the gold shares:

gold unhappy

platinum unhappy

AMCU unhappy with wage offer and threaten to strike

•  

 

Thanks for your input JK

[JK001]

Any news that has brought on the 12% drop in Sibanye?

 

Only news affrecting gold miners is the delay in some trading tariffs from September to December.

 

Gold price has drpooed to below $1500, but that shouldn`t have caused such a drop in sp.

 

Actually all gold related shares took a whack today;

Gold is just a store of value where investors hide in rough times:  So equities happy = gold unhappy

Additional tariffs delayed to 15 December =  equities happy

What could make equities unhappy earlier is if HK strikes escalates to violent oppression.

Sibanye got a tripple wammy that made them suffer more the gold shares:

gold unhappy

platinum unhappy

AMCU unhappy with wage offer and threaten to strike

•  

[Dusty Mountain]

Just read that Lonmin are in wage increase negotiations with amcu, amcu were not pleased with the initial offer but are still open to ongoing negotiations. Could this have been the TERRIBLE news? 

[Dusty Mountain]

Any news that has brought on the 12% drop in Sibanye?

 

Only news affrecting gold miners is the delay in some trading tariffs from September to December.

 

Gold price has drpooed to below $1500, but that shouldn`t have caused such a drop in sp.

[Snippit]

XAU/USD

The 3rd wave usually extends. The manner of the sub-division and arrangement of the fractals depends essentially upon how the kaleidoscope is turned.

https://wavecount.bl...8/xauusd_8.html

 

 

resistere et eripere

[Snippit]

XAU/USD hourly

This hourly chart of XAU/USD is gearing up for a bounce at the resistance boundary. If that happens then I would expect to see a halt to the equities sell off.

https://wavecount.bl...usd-hourly.html

 

 

iungo eos

 

[Snippit]

XAU/GBP

The monthly chart puts a Primary wave [3] of 1.62 of Primary wave [1] at the half-way mark..

 

https://wavecount.bl...pot-xauusd.html

 

 

ut bonum ut aurum

Edited by Snippit, 05 August 2019 - 07:58 AM.

[Snippit]

Channels - 3 charts 

 

https://jsecharts.bl...8/channels.html

 

 

quibus lineae

 

[Snippit]

XAU/GBP

When wave 4 arrives it will impede the charge. Maybe wave 3 will split. Maybe GBP will get a bid. Maybe the US will stop selling bonds.

 

https://wavecount.bl.../08/xauusd.html

 

 

sacramentum hoc

Edited by Snippit, 01 August 2019 - 05:17 PM.

[Dusty Mountain]

Thanks Snippit appreciate, your charting seems to be accurate 

[Snippit]

Snippit can you please give a bit more clarity on the chart, is it saying no fretreat beyond 1400 and a retrace to 1420?

 

To me it says if lower channel boundary is breached then it will probably test before continuing to downside target(s). I would prefer a bounce hereabouts. The rate reaction is absurd, but charts predicted it and maybe still more to come. US may need a little more time to settle themselves. They take themselves and their rabid media far too serious for their own good. Too much money in too few hands. 

 

Like all of the charts that I post, this pattern analysis employs the standard version of the Elliott Wave Theory and is intended only to demonstrate my own momentary view within my own application of that theory. 

 

[Dusty Mountain]

Snippit can you please give a bit more clarity on the chart, is it saying no fretreat beyond 1400 and a retrace to 1420?