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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Sunday, 21 July 2013

NUGT

The first chart was posted by someone in the comments section. The line chart overlay is the MFI (money flow index)





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5 comments:

  1. Anonymous21 July 2013 at 20:49

    It seems reasonable to me, that all these PM miners need to do is stop selling their output for a month or two, to set a match to the gasoline-soaked shorts. Panic would ensue and many would get what they are due.

    ReplyDelete
  2. Anonymous21 July 2013 at 21:00

    "You smell that? Do you smell that? A Gold vault, son. Nothing else in the world smells like that. I love the smell of smouldering Gold vaults in the morning." :O

    ReplyDelete
  3. Anonymous21 July 2013 at 21:22

    Ag Cu patterns:

    http://3.bp.blogspot.com/-vmaQoKGa7Qk/UeNoVqLP7CI/AAAAAAAAKkI/tZNiWTxkDAA/s640/Screen+Shot+2013-07-14+at+8.05.27+PM.png

    ReplyDelete
  4. Anonymous22 July 2013 at 01:59

    You guys are delirious. The miners are facing tremendous debt loads and will be cutting their dividends soon. Wake up!

    ReplyDelete
    Replies
    1. Chartrambler22 July 2013 at 08:13

      I am not saying they are a buy yet,just monitoring an interesting situation.eg see Doc Barton post.I did post a buy setup on NEM recently but the s/l was very close.

      Delete

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