hi all, GOLD is staying above $2000 and now its making atrend to stay above it for the summer. Seems to me we can be headed for some troubled waters later this summer. So enjoy for now a steady market with the Federal Reserve behind us until the next meeting. I expect a good week in the markets for all!! So just keep a close eye on the morning moves and who knows where things will be. As for now lets look at the GOLD chart, we have two peaks upon us and the third is big. We hit that target of $2100 and is good bye to we test $2500. What is going to cause this to happen? Nobody knows so dont let anyone fool you on youtube. We can see GOLD move just because of inflation or the US dollar crash. Here is the latest on Michael Oliver....the BANKS
Now , as for PURE GOLD MINING, i still have my shares registered, We are still on the NEX and nothing has changed. Only time will tell when its time to offer the 28 million shares at $80 cents it seems. Regardless i owned shares since last year and 6months in the making. They have no choice to take on all 728million shares and i own a chunck.
So, lets look at this week on one stock that is a good share price play and that is DF stock. High paying dividend that missed the last 12 months and has a lot of cash. This stock has a NET of $14.60 trading at $4.30 average. That means our target to move towards $5 this week can happed as we know management at Quadravest are looking to hit that $15 NET AVG. Remember management makes the decision on the price so we can only ask they give a dividend of .10cents a share. However, look at the entry point and hold for a move higher this week and sell to take profits...
see the cycle below and its a good one!! We are in another cycle higher for the third time....so if you buy on the low and sell on the high to take profits you have done well. So lets do it again.
for now we need motivation for this week...so watch this and sit back and lets have an amazing week for trading!!