Fri, Apr 25, 2014, 1:38 AM EDT - U.S. Markets open in 7 hrs 52 mins

Recent

% | $
Quotes you view appear here for quick access.

SPDR Gold Shares Message Board

  • equine_genius equine_genius Aug 7, 2013 2:32 PM Flag

    BEAR market reality for fatally wounded golds/silvers

     

    As a genius student of market historicals and technicals, whose knowledge vastly exceeds any typical inherited money ivy league she-male bozo on wall street, I can state one thing categorically about the rotten golds and silvers:

    when a sick sector features gold bullion that crashes more well over 100 bucks in a single day....and when every single burp upward thereafter is but a mere fraction of that crash figure...and when there is NO historical record of gold ever jumping a triple digit figure in a single day....and when all golds and silvers are incapable of mounting consecutive days of notable gains....then that is all you need to know WITHOUT DOUBT that these dying golds/silvers are now in a multi-year vicious BEAR that will see the majority FAIL and DISAPPEAR.

    FACT: in all genuine sustainable bullish uptrends, such genuine bull stocks sustain notable gains for at least 7-12 CONSECUTIVE DAYS....and you can NOT deny that the sick golds/silvers NEVER NEVER NEVER sustain their puny gains for any duration.

    It's a gold/silver BEAR, it will last at least another 10-15 years, and 90% of listed gold/silver companies will go under well before the BEAR ends, with the GLD destined to trade in single digits.

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
GLD
124.56+0.80(+0.65%)Apr 24 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Amazon.com Inc.
NasdaqGSThu, Apr 24, 2014 4:00 PM EDT
GW Pharmaceuticals plc
NasdaqGMThu, Apr 24, 2014 4:00 PM EDT