Gold chart looking bullish; Pd to lead new PM surge?

[PatColo]

My MS Paint job w Pd chart, https://imgur.com/a/qr2q9gL

Pd's busting out of that handle today,
http://bigcharts.marketwatch.com/qui...e=&freq=&show=

dammit I'd hoped to have a seat on this next ride up with couple/few futures contracts by now; my fault for sitting on the pot thinking about it for too long. Maybe she'll pull back < $1560 (ask) & give me a 2nd chance? Doubt it though.

[Cebu_4_2]

Could Gold Confiscation Happen Again?
The United States has seen four different gold confiscations — the last of which was in 1933. Few people realize that when the freedom to own gold was restored in 1972, the President retained the power to require us to surrender our gold which he can do again any time (probably on a Friday) with the mere stroke of a pen.
That means all confiscated gold could possibly be compensated at only $42.22 per 1oz. and not at the world market price. Don’t take this decision lightly. It is a blatant warning that the government may be contemplating grand larceny — AGAIN.

[old steel]

Keep stacking, as long as all your other preps are in place.

[Cebu_4_2]

Keep stacking, as long as all your other preps are in place.

My boat sunk

[Horn]

My boat sunk

Did you ever even have a boat?

[PatColo]

Pd's busting out of that handle today,
http://bigcharts.marketwatch.com/qui...e=&freq=&show=

yuuup; back into the blazing new all time highs zone again; $1,622x high so far today
http://bigcharts.marketwatch.com/qui...1&show=&time=7

[Horn]

yuuup; back into the blazing new all time highs zone again; $1,622x high so far today
http://bigcharts.marketwatch.com/qui...1&show=&time=7

I just read somewhere that autos expect to slump somewhere into early 2021

[PatColo]

yuuup; back into the blazing new all time highs zone again; $1,622x high so far today
http://bigcharts.marketwatch.com/qui...1&show=&time=7

Just yesterday afternoon I nearly commented in this thread, how with past ~week's PM downdraft, Ag was 5% off recent multi-year high; Au 4%, & Pd only 2%

I didn't get around to posting that comment, but come today with PM bounce, Pd is +$33 (+2.1%) punching to another new (all time) high touching $1628, as Au/Ag are only up < 0.5%, still several % off their recent highs.

Pd atm: https://www.tradingview.com/x/1XNJ60FE/

[PatColo]

Pd up another $30 atm, touching $1,650
snapshot; not live: https://www.tradingview.com/x/tnmlMab9/

compare with
Au https://www.tradingview.com/x/oM1QEsCx/
Ag https://www.tradingview.com/x/z0QzjcEA/

"easy money" going long Au/Ag here as a shorter term play; their following Pd's lead & snapping to new multi-year highs = a layup, & SOON (today?)

[PatColo]

Just yesterday afternoon I nearly commented in this thread, how with past ~week's PM downdraft, Ag was 5% off recent multi-year high; Au 4%, & Pd only 2%

I didn't get around to posting that comment, but come today with PM bounce, Pd is +$33 (+2.1%) punching to another new (all time) high touching $1628, as Au/Ag are only up < 0.5%, still several % off their recent highs.

Pd atm: https://www.tradingview.com/x/1XNJ60FE/

Pd recovering like the boss again today, high so far $1673, +$32 / 2% AKA only $3 off its all time high of $1676 in Tue night trading, before the whole PM complex tumbled during Wed COMEX trading.

Pd ~6 month snapshot: https://www.tradingview.com/x/SdofSK3X/

Pd chart w hourly ticks below, covering past ~5 trading days. Check out the table on the right, listing Au Ag Pt & others; compare Pd's speedy % recovery today with the listless +/- mix of Au & Ag

https://i.imgur.com/tG3OxAO.png