This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Wednesday, 21 March 2012
Rio Tinto
The mining stocks are not sending out a pretty message...global recession ahead ?
I AGREE WITH P D , A NICE LONG TERM CHART THAT TRULY REFLECTS THE PROBLEMS IN THE P M'S AND THE THEIR STOCKS AND INDEX'S .
I AM PERSONALLY LOOKING FOR THE LOW 1500'S AND HIGH 1400'S FOR GOLD AND THEN , WE WILL HAVE TO SEE WITHER IT WILL RALLY OR NOT FROM THAT AREA . IT APPEARS WE MIGHT BE HEADED FOR DEFLATION , DESPITE WHAT THE FED RES AND THEIR ATTEMPT TO INFLATE .
THANKS C R , ALL THE VERY BEST TO YOU ALL . D-KNOX.
My favourite stock type, certainly an impressive H/S formation.
ReplyDeleteBargains to come later in the year..maybe.
--
Yours..
watching GDX.
HELLO C R ;
ReplyDeleteI AGREE WITH P D , A NICE LONG TERM CHART THAT TRULY REFLECTS THE PROBLEMS IN THE P M'S AND THE THEIR STOCKS AND INDEX'S .
I AM PERSONALLY LOOKING FOR THE LOW 1500'S AND HIGH 1400'S FOR GOLD AND THEN , WE WILL HAVE TO SEE WITHER IT WILL RALLY OR NOT FROM THAT AREA . IT APPEARS WE MIGHT BE HEADED FOR DEFLATION , DESPITE WHAT THE FED RES AND THEIR ATTEMPT TO INFLATE .
THANKS C R , ALL THE VERY BEST TO YOU ALL . D-KNOX.