If US Market Turmoil Increases Where Is The Money Going To Flow?
Doc joins me today to share his thoughts on where money will flow if we continue to see turmoil in the US markets. We also look at the gold vs gold stocks performance.
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The 13th really should be an unlucky day for JC.
Well, both $silver and SLV closed above the flat lower border of their Ichimoku clouds. Let’s see if we can go higher from here in silver.
Silver’s Ichimoku cloud picture on the daily chart looks extremely supportive to me going out at least 6 weeks. As usual, we will see.
Huber gets interviewed on the 14th.
au revoir le macaroni et bonjour la penne!
peut-être
A sign of strength: GLD/Gold is above its weekly Bollinger bands:
http://schrts.co/Ae4HYq
Gold is above some important long term weekly moving averages, including the 600 week, but GLD would have to rise another 1.7% to catch up:
http://schrts.co/Z7BNL6
A lot of indicators look good for GDM:
http://schrts.co/dVP7RQ
HUI breakout + next resistance:
http://schrts.co/peYdmi
Nice move up on ISVLF on good volume, but not heavy volume. I assume the same for IPT.V. USAS ended the week pretty strong on heavy volume. Looks like it might be starting to turn. Worst day for the USD in a long time. Fed day should be interesting.
OFF TOPIC:
The day after D5
https://www.youtube.com/watch?v=B2YsaFMgNPQ
Here comes Le Deluge.
Si le déluge avait été seulement local, Dieu aurait pu tout simplement les envoyer dans une partie du monde plus sécuritaire.
It may start in France, but look out world.