OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

One thing to remember-gold goes for weeks and months looking friendless and hopeless.

Posted by Richard640 @ 11:21 on April 8, 2017  

Then, schizoid-like–with no “event”–with no transition–and no discernible cause–a switch is thrown on–and it starts going up–day after day…that has been the pattern for the past 20-25 yrs.

When gold is in the “hopeless” mode–for a long time–like now–I always look to take a stab on  days when, say, JNUG is down 10%-20%–and gold futures are down less that one %…sometimes ya can catch a bottom like that…rather than waiting for confirmation–which usually comes after 30-40% of the move is in the record book.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.