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J150 GLD

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#41 Snippit

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Posted 10 September 2019 - 07:56 AM

Silver (spot), XAG/USD
 
This 4-hourly chart for the spot price of Silver sees this correction as Minute wave [iv] of Minor wave of Intermediate wave (3) of Primary wave [3]. This correction is seen to be copied by gold and is already well done with some burnt fingers appearing here and there. The chart for Gold has much the same pattern and wave count.

 

 

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

 

 

xagusd-240-090919.png

 

quovis nomine appellamus

 

Just as with all of the pattern analysis charts that I post, the standard version of the Elliott Wave Theory applies and the purpose is to demonstrate my own momentary view within my own application of that theory and to encourage others to give it a try. 
 
degree%2Btable%2BPrechter.png

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#42 Snippit

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Posted 04 September 2019 - 03:29 PM

So Old Mutual is now a communist dictatorship. Never expected to see the day. Next thing they will confiscate your investment because you cannot be trusted. No, too late, they already done that. Even Goldman Sachs regard their investors as muppets, so Trevor and his cohorts are just doing the monkey see thing. 

 

Meanwhile, back at the mine, 

 

JSE, Durban Deep GM, DRD

Durban Deep completes what appears to be Minor wave 3 at 1.62 of wave 1. A sharp 4th wave to close the gap is prescribed. 

https://jsecharts.bl...eep-gm-drd.html

 

drd-d-040919.png

 

vernaculos saltator

 

Maybe the iimperious Directors at the Old Mutual dynasty should consult a reputable Financial Adviser instead of the local witchdoctor. 

This form of management sends signals that are going cause the demise of Old Mutual. Sell.


Edited by Snippit, 04 September 2019 - 03:30 PM.

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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#43 Snippit

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Posted 03 September 2019 - 09:21 PM

Old Mutual loses it and dumps their top performing funds. Absolutely insane and with a total nonsense of reasoning.

Not a word out there to explain their true motivation. Clearly there has been a major coc kup behind the scenes. 

Only thing that makes sense is being caught unawares and issuing units before buying the underlying. Now they must make up for the market moving quickly to put them out of pocket. But whilst they have closed the Gold Fund and the Resources Fund to new business, they must run with these until end of October. 

There has to be a ballot of shareholders. Only a small % hold theses units and all unreturned ballots count in favor of merging them into the negative performing equity fund (at supposedly no cost). 

The reason given is that these funds are high risk for investors and the equity fund is much safer. You got that.

Wow. The new Old Mutual looks after investors like they are a bunch of village idiots. Even when they are not.

Great stuff Trevor. Senility is so becoming for you demented old far ts.

 

 omlist.png


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#44 Snippit

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Posted 03 September 2019 - 04:12 PM

Old Mutual loses it and dumps their top performing funds. Absolutely insane and with a total nonsense of reasoning.

Not a word out there to explain their true motivation. Clearly there has been a major coc kup behind the scenes. 

Only thing that makes sense is being caught unawares and issuing units before buying the underlying. Now they must make up for the market moving quickly to put them out of pocket. But whilst they have closed the Gold Fund and the Resources Fund to new business, they must run with these until end of October. 

There has to be a ballot of shareholders. Only a small % hold theses units and all unreturned ballots count in favor of merging them into the negative performing equity fund (at supposedly no cost). 

The reason given is that these funds are high risk for investors and the equity fund is much safer. You got that.

Wow. The new Old Mutual looks after investors like they are a bunch of village idiots. Even when they are not.

Great stuff Trevor. Senility is so becoming for you demented old far ts.


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#45 Snippit

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Posted 28 August 2019 - 02:40 PM

JSE, Gold Index, J150

 

update

 

https://jsecharts.bl...index-j150.html

 

J150-d-280819.png

 

28th August 2019:
The review of the bigger picture reminds that this is a bull trend, albeit with a painfully extended Primary wave [2]. The 3rd Primary wave is very evidently very active. The 3rd Intermediate wave within the 3rd Primary wave has reached the 1.62 fib ratio of the first Intermediate wave but this looks to be insufficient to ensure that there will be adequate clearance above [1] to accommodate a typical size of Primary wave [4].  ...

 

negans sic

 

 


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#46 Midas1

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Posted 26 August 2019 - 09:56 PM

Thanks
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#47 Snippit

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Posted 26 August 2019 - 11:04 AM

JSE, Gold Index, J150
The JSE Gold index has neared the point where wave (3) = 1.62 of wave (1). This can bring wave 4 but in high momentum situations can proceed on a blip into an extension of wave (3). Such an extension can be a full replication. 
We should remember that this price action for gold is driven by grave uncertainties and mushrooming risks in general equities, currencies and bonds. Perhaps we should be careful what we wish for.  
On the other hand this is insurance, and insurance is prudent.

 

https://jsecharts.bl...index-j150.html

 

j150-d-260819.png

 

exemplum simiae con


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#48 Midas1

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Posted 16 August 2019 - 07:50 AM

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
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#49 Snippit

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Posted 15 August 2019 - 11:00 PM

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?


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#50 Midas1

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Posted 15 August 2019 - 11:19 AM

Sold drd 640...not big profit about 5 percent but thought bank..I'll try buy back later if gold is not looking bearish...
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#51 Midas1

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Posted 14 August 2019 - 12:41 PM

Bought drd yesterday afternoon...as markets generally red and gold looks ok, hoping for some profit in next days...or today..
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#52 Midas1

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Posted 13 August 2019 - 09:48 PM

Do you trade snippit? Or have equities as investments?
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#53 Snippit

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Posted 13 August 2019 - 09:40 PM

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.

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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#54 Midas1

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Posted 13 August 2019 - 07:23 PM

I read an interesting article saying strikes make platinum go up...as production slows down
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#55 JK001

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Posted 13 August 2019 - 06:49 PM

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).


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#56 Dusty Mountain

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Posted 13 August 2019 - 05:25 PM

 

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

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Thanks for your input JK


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#57 JK001

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Posted 13 August 2019 - 05:14 PM

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

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#58 Dusty Mountain

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Posted 13 August 2019 - 05:12 PM

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? 


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#59 Dusty Mountain

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Posted 13 August 2019 - 04:54 PM

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.


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#60 Snippit

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Posted 08 August 2019 - 09:45 AM

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

 

xauusd-240-080819.png

 

resistere et eripere


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 






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