American Creek Resources Ltd V.AMK

Gold Technicals........

[Stockmoves1]

are super weak... for a while i thought just maybe i missed it but I am starting to think the last rally wasn't anything more than a relief rally and Gold just may end up doing what I was spewing about before which is that 1600$ range if not asd low as 1500$.. If that happens this sector will really grind lower for a few years but it will come back in force and I hopefully will have a mitfull of beaten up plays. One thing is certain in these markets always prepare for the worse and you will come oyut the other end just fine... the key is not to be shy when it happens... I hope I am wrong but things are looking a tad bleak... look at the MA50 and MA100 and do your own analysis

[Stockmoves1]

oops Gold Futures Technical Analysis - Investing.com Canada

[fordster]

Yeah....we're contrarian. Central Banks are pushing it lower. All this talk about a third and fourth quarter  rally is BS....but it's a good time to accumulate!!! Dont forget....we still have assays coming.

[fairdinkem]

The Eternal OPTAMIST am "I" !   Put my thought into the NR release Ported by BofA back about mid 2019 or there abouts that GOLD per ounce forcast is 2600 per ounce.  You see "I" like that figure for starters and "I" like the source of this forecast from Bank of America.  It matters that such a Bank would stand out and predict such a call. 

[Stockmoves1]

Don't get me wrong, I am bullish gold just not in the short term.... that is a very bullish chart and I feel the next rally will be 2300-2600 just not yet.... these shysters have a way of flushing every last dog before rallies picking up the scraps....the next rally will likely be the largest rally i will be a part of in my lifetime and it would be the 4th wave I have been part of in my short

[fordster]

I keep forgetting BofA is Morgan Stanley.....it's a big name.

[fairdinkem]

That was/is unknown to me at this time first time to have heard about it.  But a powerful as MS is they could realistically be the controler of BofA.  Of note all of the manipulations from past to control the PPO of GOLD,,and to know that Bof A has continued to aquire such and such assets to be stored in their VAULTS,, which may end up in Swiss Banks?  You got me on that 1.......

[fairdinkem]

On point,, covid gave us a skip session for the 21 drill program,but the as yet un appraised cores from 21 tallied into 43-101s will be added to the 2022 numbers added to the 2020 numbers.  To say that Treaty Creek is a virtual Fruit Garden laden with Golden Cherries and Silver Grapes all for the picking in the Golden Tri Angle and now espiceally in/on the Treaty Creek Claims.