Post by
catchdawave2020 on Sep 11, 2020 12:38pm
my thoughts......
If you look at the 2 past gold market bull runs you will notice that in the begining the gold price catches alot of people off gaurd and peaks. The price seems to drop a bit and churn for several months... During this time big money enters. The price of gold and stocks will not rise until they get their fill. This is what is happeneing right now. We have had great news and a solid gold price, but no volume. This is why the price is dropping. No one is selling. The MM are trying to make a market, for them it doesn't matter if it goes up or down they make their money regaurdless.
The one question one has to ask is who wants in at the $3.50 range? And how many shares do they want. The more this drifts up and down the more frusterated longs become and sell. They are taking your shares.
Also on another note, most people have picked their positiond in stocks and are now waiting for the election. If I was a fund I wouldn't want to commit anything until a winner is picked. Dems win market crash/ Rep win markets ralley. The only problem is that this election is going to be the biggest farce ever seen. Sit tight and get some popcorn
Comment by
paydirtontario on Sep 11, 2020 2:13pm
I liked $4.50 about a month ago, but that's about half of the price where I would even consider selling any shares . $8 to $9 I will entertain the thought but I'm in no rush.,.Too much positive here to risk playing the back and forth game for this guy . I usually regret things when I'm too impatient :)
Comment by
MarcusAntonius on Sep 11, 2020 2:48pm
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Comment by
PhillyJack1 on Sep 12, 2020 11:08am
Craig Hemke, who interviews Eric Sprott every Friday, did relay a message from ES that ES thinks the latest drill results from Tudor are excellent. No doubt Eric will elaborate on Frida, September 18.
Comment by
CobraShelby on Sep 12, 2020 5:05pm
For the Mustang lover in you CA and me also when we hit the top: About 255,000 US https://revologycars.com/car/1967-shelby-gt500/