Metals Take A Break
Podcast: Download (Duration: 16:55 — 11.6MB)
Gold, silver pull back for the next leg up.
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Ross Clark
Is an investment advisor with CIBC Wood Gundy in Vancouver, Canada. He has specialized in technical analysis of the markets since the 1970’s. As a charter member of CompuTrac and then user of TradeStation he has developed trading programs and proprietary indicators. It is his belief that market timing and shifts in asset allocation can add value to investment portfolios.
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gold has found support around $1550. What is the next step? Consolidate for how many months then take off for new high?
Thanks a ton.
are you sure about the Gold Stocks Ross ??
One compare GDXJ with Amazon or Apple Inc.
About 80% of the individual GDXJ stocks charts, point to catastrophic downside levels. ( 2008 levels and beyond )
Silver is down from $50 to $26. Ross, do you think we might go below $18?
Goldragon …why do you ask if silver goes to $ 18 when Ross just said $ 23 – to $ 27 ?
Anyways, I started to listen to Ross for some weeks now … I think he does awesome work .
Very easy to listen too .. no jambojumbo … very accurate and timely stuff .
Simple a joy .
Thanks Ross .
Heidi
Guys, calm DOWN. Drink a Heineken,
My old man runs a firm
I will ask him his advice on stocks.
Ross does excellent work
Hello Ross. hello Phil – thank you for your weekly commentary and congratulations on the great work. I always follow the charts and I find it very frustrating that the parameters for various indicators (MAs, Bollinger) are not marked. Sometimes, you annotate the chart indicating which MA is the red line, or the green line, etc. Wouldn’t be possible for you to change the settings of your platform such as the parameters are always displayed? Thank you.
GDXJ is flying , 2006 levels….