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E Thursday Precious Metals Report
Article By:
GoldPredict
Thursday, February 21, 2019 8:38 PM EDT
The negatively diverging MACD needed a sudden surge higher to restore the cycles momentum ... To remain immediately bullish, I wanted to see significant upside follow-through yesterday or today – we didn’t get it.
DRIP Rip
Article By:
Tim Knight
Saturday, December 15, 2018 9:30 PM EDT
Direxion Daily S&P Oil and Gas ETF has been absolutely on fire lately. I'm thinking precious metals miners will follow suit soon.
Emerging Markets: No Surprises There
Article By:
Tim Knight
Thursday, September 13, 2018 3:01 PM EDT
The emerging markets were reaching an important supporting trendline. It nailed it pretty much to the pixel and is going through an oh-so-predictable bounce.
Don’t Miss Your Opportunity In The Greatest Bull Market Ever
I agree that we are setting up for a big run in #gold soon. But given that we could see some downside in the miners over the coming weeks, I just can't see buying a leveraged instrument like $JNUG and riding it down if there is more correction to come. People who want to hold on to something like JNUG should be willing to buy some $JDST as a hedge until the correction plays out. Had I not bought $DUST and JDST as hedge, my gold mining positions would have led to a big draw down in my account.