GREY:RNKLF - Post by User
Post by
Geodan2on Sep 19, 2018 7:10pm
183 Views
Post# 28651438
Rob McEwen+Simple Digressions Make Compelling CaseGoldBottom
Rob McEwen+Simple Digressions Make Compelling CaseGoldBottom RNKLF has pulled off a 4 bagger in a week in the most hated sector there is now, gold miners. What if gold sector was neutral or up? This article is quite convincing the bottom is in now
https://seekingalpha.com/article/4204138-rob-mcewen-right-precious-metals-market
There are permabulls for gold who are wrong most of the time, but tha article shows that multiple indicators are at all time extremes that have been gold bottoms before. Worth the read.
here are two of the charts: And the Gold/Silver ratio going back to 2000 is calling a bottom here:
That would be lighting the afterburners on RNKLF