Aden Sistas Report Gold Nov 2017

Discussion in 'Gold' started by finicky, Dec 3, 2017.

  1. finicky

    finicky Well-Known Member Silver Stacker

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    https://www.google.com.au/search?q=...id-telstra-au&sourceid=chrome-mobile&ie=UTF-8

    Attempted from tablet. If link doesn't work just google 'Aden Sisters Gold' for latest basically positive update in pdf form - second item from top of google page. By "basically positive", I refer to their ABCD system whereby gold is still in a D decline but a new upward 'A' move was felt to be imminent (my reading) and this report was issued a month ago, November 3rd.

    Excerpts:from November 3 edition

    GOLD usd
    "Gold reached its C rise peak on September 8, and it’s been coming down in a moderate D decline for 8 weeks now. Gold is holding near $1270 while its leading indicator declines with room to decline further.The decline isn’t over yet, and gold could still test this average near $1255, but in a worst case, we could see the almost two year uptrend near $1200 tested before the de-cline is over.Most inter-esting, if gold stays above this uptrend, it’ll be a mild decline, and therefore a bullish one."

    GOLD Big Picture
    " ... gold is poised to rise much further.You can also see that gold reaches a mega low every 30 years, just as it does when it reaches a high. This means that a mega low could occur in 2029. BUT before this, the 11 year cycle is putting a likely top in near the year 2020. These are all guidelines, but more impor-tant, the flow continues to move in the right direction."

    GOLD STOCKS u.s.
    "Gold mining companies are producing less than they did four years ago. And as Ian Telfer of Goldcorp says, gold mines are running out of gold, and it’s harder to find with the technology they have today. The mining business will come back to life once again. We believe it’s just a matter of not-too-much time before we see bright lights ahead for this universe."

    SILVER usd
    "SILVER IS STARTING TO FIRM UP! This is good news for all because silver tends to be a sleeper. And when it wakes up, it tends to soar. We may be getting closer to seeing this type of action.Chart 20 shows a good look at silver. You can see it’s moved into a sideways range this year. The flash crash of last July is wear-ing off. This dip essentially held at the December lows, and now silver is holding above its 15 week average. This is firm action.Once silver breaks above this year’s high near $18.50, it’ll be off and running, and it’ll likely outperform gold. The $21 level would then be the next stop .."

    PRECIOUS METALS, ENERGY, RESOURCE:
    "The resource sector is bubbling with crude oil and copper on the rise. Meanwhile, gold, silver and gold shares are under pressure with the stronger U.S.dollar. Gold and silver are holding up well, however, and while gold shares were harder hit, they too are holding above a key support. We could see more weakness (Nov) while gold’s D decline further develops. In a worst case, gold has strong support at $1255 and $1200. Keep your positions. If you don’t have any positions, buy some during this weakness while the turnaround is underway. Crude has confirmed a bull market, and we now recommend buying the crude oil ETF: US Oil Fund (USO). The oil price has been stronger than most energy shares."
     
  2. tolly_67

    tolly_67 Well-Known Member

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    Aden sisters ........... unfortunately many fortunes have been lost listening to these two lassies. If they are confident, then I am scared. Looks like the low is not yet in.
     
    wrcmad likes this.

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