Pretty good r/r if you ask me, last time it hit this level it took off, my sweet long-term PPLT Stock hold.
The chart shows that the price of platinum is at a very low level, according to the COT report analysis, it shows that compared to the previous publication, the number of open sales positions increased, but it is much smaller activity of sellers than in previous reports. This may mean that the downward trend is coming to an end. An additional factor to buy can be...
A few interesting points about XPTUSD and why it might be time to look at long positions: 1. 7-Year cycle in XPTUSD is bottoming out right now. 2. We are seeing a backtest of the initial breakout similar to what happened in 2000-2001 3. XPTUSD production is going to see major cutbacks moving forward from South Africa 4. Above ground stocks are winding down which...
Friends, A quick synopsis on this metal, coming to a cycle completion of the Geo: 1 - Price hit Predictive/Forecasting Model's qualitative target, defined at 98.27 on June 22nd; 2 - A "Warning Level" at this institutional weekly level may offer solid support and ground for reversal, here defined at 91.98; 3 - A large geometry defined by the "Geo" meets...
Personally, Rick Rule is an investing hero of mine, and I hang on his experience and follow many of his insights. This is so oversold, and PM's are about to turn the corner. As Japan does, so goes Europe and the US... we are all about to embark on endless QE as the deflation wave begins the prelude to the hyperinflation wave that will be coming in the years ahead.