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  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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August 20, 2018

First Indication of Bottoming Action in Gold Shares

Monday August 20, 2018

Today we had the first indication of a bottoming in gold shares. I discussed this very issue this past weekend

Screen Shot 2018-08-20 at 5.03.21 PM

The PMO is turning up on the two hour chart.

UUP The US Dollar

Screen Shot 2018-08-20 at 5.06.21 PMThe dollar and gold are inversely correlated, here the dollar via UUP penetrates multiple MAs.

This is the perfect set up, the world believes the dollar is incredibly strong, but the markets suggest at least a pullback.

 Hecla

Screen Shot 2018-08-20 at 5.10.32 PM

 

the fun is in the early stages of developing, start checking this site frequently

Posted at 06:08 PM in Gold Silver |

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