Platinum
GOLDSILVER RATIO NOW AT HISTORIC LEVELSWow!
The last time there was as large a disconnect between gold and silver was never, the closest we have come is briefly in 1991-2, and again in 1941. The gold silver ratio has now seemingly surpassed those previous peaks.
Over the previous few years, silver has loosely tracked the rise and fall of gold - while consistently under-performing. However, last week or two gold set a number of 7 year highs while silver continued to correct. Now, either gold has become the best thing since floating soap or investors, increasingly without reasonable options (think negative real and negative nominal bond yields, a over-extended equity market built on debt fuelled share buy-backs and cheap credit now in correction territory, gold USD1700 an ounce), might be looking around for good deals in commodities / hard assets (they wont it in housing that's for sure). It doesn't leave many options if you take bonds, equities, gold, and property off the table does it?
I bought silver in the first place because I felt that it was undervalued relative to gold, and intended to trade in silver for gold once the goldsilver ratio got below 45. This was always a trade, and not a short-term one either (original horizon set at 2-5 years). So I found low premium dealer with ultra-low storage charges and started to buy regularly. I will be adding about 10-20% this week when we see price in my blue "buy box" range. I have some concerns relating to the fact that silver is primarily an industrial metal, and I don't think people yet grasp the degree to which the economy will be shuttered in the US shortly - personally I assume the shut-down will be more extensive than anything seen in multiple generations. However, I see silver and also Platinum benefiting from purchases by investors faced with almost certain losses in equities and certain losses in bonds looking towards silver after seeing gold as a little too expensive. Remember, money-printing will go into even higher gear soon, and may include helicopter drops (as seen recently in Hong Kong), and we are basically in potential hyperinflation territory. Is inflation possible? Well, we will see as those shop shelves become more and more sparse as manufacturers, shippers, and logistics operations go off-line. Jeez, sorry I didn't mean to go all post-apocalypse. Anyway, people will see relative value in silver vs gold and start buying - so Investment demand could very easily take up any slack from Industrial demand, considering the amounts of money in play. I was interested in miners, but is on hold right now because miners are just as exposed to this outbreak as anyone else and they rely heavily on corporate credit markets - which may freeze up.
IMP - Bullish EngulfingJust by purely looking at the charts, JSE:IMP has formed a bullish engulfing chart pattern and we could see an upward move confirmed by the stochastic.
I am remaining cautious as the world markets are all majorly down this morning, so I will definitely wait for a solid confirmation before entering long.
WE TOLD YOU! - GOLD CRASHES & WE R RICH.! BUY STOCKS ASAP - READFOLKS & OUR FOLLOWERS, SEVERAL DAYS AGO WE TOLD EVERYONE THAT GOLD WAS A BUBBLE - SHORT IT.!!
GOLD CRASHED AND WE MADE A FORTUNE
NOW WE'RE BUYING STOCKS BECAUSE THE CHINA VIRUS IS "FAKE NEWS" - THE REGULAR FLU KILLS OVER 600,000 PEOPLE WORLDWIDE PER YEAR
STATS LINK
www.medicinenet.com
THE "FAKE NEWS" CHINA VIRUS IS NOT EVEN COMING CLOSE
WHY AREN'T STATES TELLING YOU HOW MANY CASES OF THE REGULAR FLU THEY HAVE..???
DIRTY CALIFORNIA HAS A FLU OUTBREAK YET BUSINESS GOES ON AS USUAL
THE FLU IS OUT OF CONTROL IN MANY STATES YET BUSINESS GOES ON AS USUAL
THERE ARE SEVERAL POSSIBLE DRUGS BEING TESTED FOR THE CHINA VIRUS, IT'S A MATTER OF DAYS BEFORE A VACCINE IS ANNOUNCED
WHY IS THE MARKET BEING SOLD OFF..? THE ANSWER... THE MARKET IS BEING SOLD OFF BECAUSE OF "FAKE NEWS"
WE LOOK AT THIS DROP AS A HEALTHY CORRECTION, A LONG OVER DUE CORRECTION AND A BUYING OPPORTUNITY
AIRLINE STOCKS HAVE GOTTEN DESTROYED, TECH STOCKS, MEDICAL / PHARMA STOCKS, THE CORRECTION IS ACROSS THE BOARD
TAKE SMALL POSITIONS AND IF THE STOCKS DROP MORE, BUY AND COST AVERAGE DOWN
TAKE ADVANTAGE OF THIS DROP BECAUSE IT'S A GIFT!!
BEST OF LUCK WITH YOUR TRADES!!
DISCLAIMER
This website and our posts are for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this website and our posts has been researched and is thought to be reasonable and accurate, any investment is speculative in nature. StockKid, and/or our agents cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.
By reading and reviewing the information contained in this website and our posts, the user acknowledges and agrees that StockKid, and/or our agents do not assume and hereby disclaim any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this website or our posts, to make any investment decision, whether such errors or omissions result from
negligence, accident or any other cause.
Investors are required to conduct their own investigations, analysis, due diligence, draw their own conclusions, and make their own decisions. Any areas concerning taxes or specific legal or technical questions should be referred to lawyers, accountants, consultants, brokers, or other professionals licensed, qualified or authorized to render such advice.
In no event shall StockKid, and/or our agents be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this website, our posts or any information contained herein. StockKid, and/or our agents specifically disclaim any guarantees, including, but not limited to, stated or implied potential profits, rates of return, or investment timelines discussed or referred to herein.
$JSE Gold miners gearing up to outperform platinum miners?The series of higher lows on my RSI and MACD indicator against a series of lower lows in Price is starting to give me some technical indication that we could start to see Gold miners outperform platinum miners. We are seeing Bullish divergence here and it would not surprise to see this pair ratio of (J150 GOLD miners vs. J153 Platinum miners) move from current levels of 0.40 to 0.50 (25%).
This will be interesting to monitor as we head into Q1 of 2020 with platinum miners having aggressively outperformed gold miners in 2019.
WE CRUSHED IT AGAIN! VIRUS CURE SHIPPED! - GOLD CRASHES! - READFOLKS, EVERYONE, WELL MOST, POSTED NEGATIVE COMMENTS WHEN WE SAID GOLD WAS A BUBBLE RUNNING ON HYPE, FEAR, PANIC AND MOST OF ALL, "FAKE NEWS"
WELL...GOLD DROPPED LIKE A ROCK FROM ITS HIGH TODAY LIKE WE SAID WAS GOING TO HAPPEN
WE MADE ALMOST $20 FROM TODAY'S HIGH SHORTING GOLD WHEN IT HIT $1688.66..!!!
AFTER HOURS ITS STILL SINKING AND VERY ACTIVE AS TRADERS RUSH TO GET OUT
TODAY'S 1000 POINT DROP IN THE STOCK MARKET WAS ABSOLUTELY OUTRAGEOUS AND COMPUTER GENERATED
YES, "FAKE NEWS" PLAYED A MAJOR ROLL TOO
CHINA VIRUS CURE SHIPPED - WE SAID THIS WAS GOING TO HAPPEN SEVERAL HOURS AGO BEFORE THE JOURNAL REPORTED IT...NOBODY BELIEVED US..?
WALL STREET JURNALAL - 2 HOURS AGO
www.wsj.com
THE SELL OFF WAS CAUSED BY "FAKE NEWS" AND WAS EXTREME ESPECIALLY GIVEN THE FACT THAT COKE ALREADY SAID THE CHINA VIRUS "WILL NOT" HURT EARNINGS. "MIGHT" CAUSE 0.01 TO 0.02 CENT CHANGE, THAT'S IT.!!
WE ARE BUYERS OF QUALITY STOCKS AT CURRENT LEVELS
BEST OF LUCK WITH YOUR TRADES!!
DISCLAIMER
This website and our posts are for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this website and our posts has been researched and is thought to be reasonable and accurate, any investment is speculative in nature. StockKid, and/or our agents cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.
By reading and reviewing the information contained in this website and our posts, the user acknowledges and agrees that StockKid, and/or our agents do not assume and hereby disclaim any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this website or our posts, to make any investment decision, whether such errors or omissions result from
negligence, accident or any other cause.
Investors are required to conduct their own investigations, analysis, due diligence, draw their own conclusions, and make their own decisions. Any areas concerning taxes or specific legal or technical questions should be referred to lawyers, accountants, consultants, brokers, or other professionals licensed, qualified or authorized to render such advice.
In no event shall StockKid, and/or our agents be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this website, our posts or any information contained herein. StockKid, and/or our agents specifically disclaim any guarantees, including, but not limited to, stated or implied potential profits, rates of return, or investment timelines discussed or referred to herein.
CURE FOR CHINA VIRUS - BREAKING NEWS! - BUY THE DIPS IN STOCKS! WATCH WHEN SEVERAL DRUG COMPANIES LAUNCH A CURE...GOLD WILL TANK!
BREAKING NEWS...
Coronavirus treatment: Vaccines/drugs in the pipeline for Covid-19
www.clinicaltrialsarena.com
GOLD IS WAY DOWN FROM WHEN WE FIRST POSTED TO SELL GOLD...WE MADE A HUGE PROFIT ALREADY!
DO NOT SELL STOCKS INTO THE "FAKE NEWS" PANIC...GOLD IS OVER PRICED, HYPED AND FRANKLY, THERE IS A HUGE RESERVE OF GOLD THROUGHOUT THE WORLD.
DISCLAIMER
This website and our posts are for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this website and our posts has been researched and is thought to be reasonable and accurate, any investment is speculative in nature. StockKid, and/or our agents cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.
By reading and reviewing the information contained in this website and our posts, the user acknowledges and agrees that StockKid, and/or our agents do not assume and hereby disclaim any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this website or our posts, to make any investment decision, whether such errors or omissions result from
negligence, accident or any other cause.
Investors are required to conduct their own investigations, analysis, due diligence, draw their own conclusions, and make their own decisions. Any areas concerning taxes or specific legal or technical questions should be referred to lawyers, accountants, consultants, brokers, or other professionals licensed, qualified or authorized to render such advice.
In no event shall StockKid, and/or our agents be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this website, our posts or any information contained herein. StockKid, and/or our agents specifically disclaim any guarantees, including, but not limited to, stated or implied potential profits, rates of return, or investment timelines discussed or referred to herein.
SHORT LIKE CRAZY! THE FLU IS 100X WORSE THAN CHINA VIRUS - LOOKSHORT GOLD LIKE CRAZY!
THE GLOBAL CENTRAL BANKS ARE ARTIFICIALLY PUSHING UP THE PRICE OF GOLD AND USING THE DIRTY CHINA VIRUS AS THE REASON
BARRICK ALONE HAS OVER 71 MILLION OUNCES OF GOLD IN RESERVES AND THIS IS NOT COUNTING ANY OTHER COMPANY OR COUNTRY
THIS IS ONLY ONE COMPANY, ADD UP ALL THE RESERVES OTHER COMPANIES ARE HOLDING AND THEN TOP THAT OFF WITH THE RESERVES AROUND THE WORLD THAT COUNTRIES ARE HOLDING
BARRICK ALONE HAS ENOUGH GOLD FOR ALMOST 1/3 OF THE USA POPULATION
GOLD IS NOT IN RALLY MODE & THERE IS ABSOLUTELY NOT A SHORTAGE OF GOLD - GOLD IS IN FAKE NEWS HYPE MODE
GOLD WAS TRADING AROUND 1470 SEVERAL WEEKS AGO - AND THEN CHINA CREATED THE FAKE CHINA VIRUS TO THROW OFF THE USA ECONOMY
GOLD IS ONLY UP AT BEST, $200... YOU THINK THIS IS A BIG RALLY..??? NO.!!!
DO NOT GET CAUGHT IN GOLD STOCKS BECAUSE WHEN THEY DROP, THEY ARE GOING DOWN HARD
BARRICK HAD A GOOD EARNINGS REPORT BUT...BUT...BUT...WITH THE SIZE OF BARRICK GOLD, AS A COMPANY, AND THE HYPED PRICE OF GOLD, EARNINGS WERE HORRIBLE AND REVENUE WAS EVEN WORSE!
ROYAL GOLD (RGLD) EARNINGS AND SALES ESTIMATES MISSED WALL STREET EXPECTATIONS AND THE STOCK GOT SLAMMED
GOLD STOCKS ARE A HUGE SCAM!
FOLKS, AS WE'VE BEEN SAYING, THE DIRTY CHINA VIRUS IS FAKE NEWS AS THE CORRUPT & DIRTY MEDIA CONTINUE WITH A NEGATIVE AGENDA TO CRASH THE STOCK MARKETS AROUND THE WORLD BEFORE THE 2020 ELECTION
THE DIRTY CHINA VIRUS HAS CAUSED AROUND 2000 DEATHS WORLDWIDE, YOU THINK THIS IS ANY CAUSE FOR ALARM..??? NO..!!!
THE FLU KILLS OVER 80,000 PEOPLE A YEAR, DO YOU SEE THESE DIRTY BROKERS / WALL STREET FIRMS SELLING STOCKS BECAUSE OF THE FLU..??? NO..!!!
CDC: www.statnews.com
EARNINGS FROM OVER 70% OF THE REPORTED COMPANIES WERE ROBUST. THEY BEAT ESTIMATES.
NOTHING IS GOING TO STOP THE EXPANSION OF THE USA ECONOMY ACCEPT FAKE NEWS AND THE PEOPLE THAT LISTEN TO IT!
FACT
• EARNINGS SCORECARD: FOR Q4 2019 (WITH 77% OF THE COMPANIES IN THE S&P 500 REPORTING ACTUAL RESULTS), 71% OF S&P 500 COMPANIES HAVE REPORTED A POSITIVE EPS SURPRISE AND 67% OF S&P 500 COMPANIES HAVE REPORTED A POSITIVE REVENUE SURPRISE.
• EARNINGS GROWTH: FOR Q4 2019, THE BLENDED EARNINGS GROWTH RATE FOR THE S&P 500 IS 0.9%. IF 0.9% IS THE ACTUAL GROWTH RATE FOR THE QUARTER, IT WILL MARK THE FIRST TIME THE INDEX HAS REPORTED YEAR-OVER-YEAR GROWTH IN EARNINGS SINCE Q4 2018 (13.3%).
• EARNINGS REVISIONS: ON DECEMBER 31, THE ESTIMATED EARNINGS DECLINE FOR Q4 2019 WAS -1.7%. NINE SECTORS HAVE HIGHER GROWTH RATES TODAY (COMPARED TO DECEMBER 31) DUE TO POSITIVE EPS SURPRISES.
DO NOT SELL INTO THE FAKE NEWS TRYING TO INTENTIONALLY CAUSE WORLDWIDE PANIC
THE UNITED STATES ECONOMY IS BOOMING!
DISCLAIMER
This website and our posts are for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this website and our posts has been researched and is thought to be reasonable and accurate, any investment is speculative in nature. StockKid, and/or our agents cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.
By reading and reviewing the information contained in this website and our posts, the user acknowledges and agrees that StockKid, and/or our agents do not assume and hereby disclaim any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this website or our posts, to make any investment decision, whether such errors or omissions result from
negligence, accident or any other cause.
Investors are required to conduct their own investigations, analysis, due diligence, draw their own conclusions, and make their own decisions. Any areas concerning taxes or specific legal or technical questions should be referred to lawyers, accountants, consultants, brokers, or other professionals licensed, qualified or authorized to render such advice.
In no event shall StockKid, and/or our agents be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this website, our posts or any information contained herein. StockKid, and/or our agents specifically disclaim any guarantees, including, but not limited to, stated or implied potential profits, rates of return, or investment timelines discussed or referred to herein.
platinum Platinum has sold quite aggressively for the past couple of days.
We are back on that demand line we have been founding support for the last few weeks now.
If buyers continue finding value on these levels we will finally pass the high at 985 and eventually the higher resistance level at 1020
IF not next stop bellow is the 940s level .
As we can see on the MACD negative momentum so far has been building up with no signals of divergence . Also the more price bounces on a trend line the buying power reduces and looking left we have been bouncing on this trend line for a while.
Good sing though is that we are now sitting just above the average price of Platinum that the last 50 days give as the 50 day MA on the Daily confirms and that has been a strong support so far .
Signals on this are mixed right now.
Platinum update Attempting to take that 0.618 fib level at 992 that we got rejected from couple of weeks ago.
That will negate the head and shoulders pattern shown on the right on the 4H chart,
Histogram on MACD on the right has a bit more way to go , staying on these levels it will just give a bearish divergence between A and B
Good news on the Daily -left - negative momentum is just about to start turning positive - MACD - and RSI has reached bullish area above 50
Looking at the 4H - right - RSI looks like while price is moving upwards it will have to rest just above this 0.618 Fib level to catch up momentum again before moving higher .
Platinum There is a head and Shoulders formation on platinum that could keep bulls on the hold,
One thing about price action and TA though is that what can not evolve vertical in price it can evolve sideways in time.
What I mean here is one would expect according to that H&S for price to go in lower levels, instead of that though and because of the strong support we found on the 50MA on the daily - marked by the green line on chart - price has been moving sideways using that level as a good buy zone
Also the down slopping trend line underneath is the trend we broke out after that multiyear bear market taken from that pick we had back on end of February 2008 , so we see that having all this support underneath we have a good reason to believe that price is set to go to the upside on the long term.
Forming that sideways move as we do at the moment negates the bearish sentiment of the H&S formation . A spike up will not favor the bulls at the moment as it will valid the bearish pattern.
I would like to see the price moving sideways for a while reversing slowly to the upside as it actually does for the last couple of days.
platinum Failed to keep that higher high at "A" platinum heading south to find more value
Staying above 960 would be quite good as we will have just one more higher low on the chart which indicates uptrend.
Failing to hold these levels we are going to find support back to that buy zone at 950- 956 BUT we do have a head and shoulder pattern forming as well that doesnt look exciting at all for the bulls , so I am prepared for even lower levels at 940 , 920 and 900s bellow that.
These are levels that I am likely to load on my long position as I am generally bullish on platinum on the long term .
platinum looking goodPlatinum looking good at the moment .
We just created a higher high taking the 0.5 level that we got stopped recently after breaking out of that descending channel,
Strong resistance above us the 0.786 fib level that also coincides with the resistance we found on those levels in mid January.
Platinum Platinum broke out of the descending channel as indicated by the bullish divergence on the 4h on the MACD
price got stopped at the 0.382 level , next stop upwards form here and once we pass this resistance is the first stop in the golden zone at the 0.5 Fib level as indicated on the chart .
XPDUSD - Continuing up or falling back further down?Since the rally to 2525 price started to cooldown a bit. Price formed a range now around (2333-2256 region) the 38.2% fib level. If prices whishes to continue upwards then it must hold the bottom of the range. safest execution would be to enter on a break&retest of the range. This ofcourse applies for both ways. Palladium refused to fall down even with the pressure from the 'coronavirus' while equivalent commodities took hard hits, this is why i think there is possible more room for palladium to go up.
-We must monitor price carefully and execute on what we see, not what we think.
~Gratz TopTok.
platinum long Likely to see a consolidation next to this bottom reversal pattern as shown on the the Daily chart on the left.
on the right we see the 4hour chart where the price moves inside a descending channel giving a bullish divergence on the MACD , touching a buy zone of good support that has a bottom on 950 .
Platinum XPT/USD (Massive Drop is on the way?)View On Platinum XPT/USD (26 JAN 2020)
We are expecting a massive devaluation in Platinum is coming up.
It may be a lil too early right now but the chance of it going down is higher.
It can $960 region can be a good target/
DYODD, all the best and read the disclaimer too.
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Thank You!
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