2016 non-member reader info. Rambus: gold bear over; Armstrong: gold to rise

[ximmy]

The Chartology of a Generational Precious Metals Miner Move

Posted on July 9, 2016, 2:44 am by Rambus
From Rambus:

I think the charts are showing us, now is the time to be strongly invested in the precious metals stocks. To try and trade in and out of a strong bull move like we’ve been seeing since the first of the year can take one out of the market just when the time is right to take advantage of a possible life changing event. Opportunities like this don’t come around very often in ones investing career and to be on the ground floor, well that’s just the frosting on the cake. The general pubic isn’t even aware of what is taking place in the PM complex right now. If you have been following the PM complex for 10 to 15 years then yes, you should be aware of what is taking place right now and taking advantage of what you have learned through the years. I believe most gold bugs see the rally that is taking place but aren’t fully aware of the magnitude of what is really taking place right now in the PM complex. As always we’ll know in the fullness of time if these charts are telling us the truth. Have a great weekend. All the best…Rambus

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If you’ve been a precious metals complex investor, or as some like to call them gold bugs, this is the absolute best buying opportunity in 20 years to buy your favorite precious metals stocks. The unwinding of the parabolic 20 year arc is something you don’t see everyday and to be on the ground floor of the rebalancing move should be very rewarding if one can stay in the saddle.
https://rambus1.com/wp-content/uploa...gold-xau-1.png
Below is another ratio chart in which I compare the HUI to gold. When the ratio is rising the HUI is outperforming gold. If the ratio chart above has any validity then we should see the HUI rising in a near vertical move vs gold. After building out a Diamond reversal pattern at the bear market low, this ratio has been in a strong impulse move higher. Note the breakout and backtest to the top rail of the current bullish rising wedge. As long as the apex holds support we need to let this ratio fulfill its destiny.
https://rambus1.com/wp-content/uploa...5-720x1024.png
This next chart is a 10 month daily chart for gold which shows the breakout and backtest to the top rail of its six point bullish expanding rising wedge. If gold is just now breaking out in a brand new impulse move up, what does that say about the GOLD:XAU ratio chart we just looked on the first chart above? In order for the ratio to keep falling in a near vertical manner, as it has been doing since January of this year, the PM stocks are going to have to go up faster than gold itself which they’ve been doing since January.
Note the huge volume bar on the breakout from the six point bullish expanding rising wedge. Also note the backtest to the top rail that took place this morning. These are major clues that this consolidation pattern is mature and ready to make its next move.
This chart also has what I consider to be the most important moving averages for gold. The 50 day simple ma has held support except for the move below it at the sixth reversal point in the bullish expanding rising wedge. It even held on the big volatility day when gold broke out from the bullish expanding rising wedge. As you can see all the moving averages were slopping down coming into the December 2015 bottom. It took until last month June, for all the moving averages to have a positive crossover when the 200 finally moved above the 300 day moving average which was the last piece of the puzzle for the moving average alignments. They are now all proper aligned for the new bull market and pointing up.
https://rambus1.com/wp-content/uploa...1-621x1024.png
The longer term daily chart for gold shows the rally off the 2008 crash low and how all the important moving averages aligned to show the bull move that took place. During that big bull run up to gold’s all time highs the 150 day moving average was the one moving average that held support the best. It was never violated until the first move down from the 2011 top which also tested the 200 day moving average for the first time during that epic run.

https://rambus1.com/2016/07/09/late-...ght-charts-47/

[ximmy]

Wednesday Report…A Potential Life Changing Market

https://rambus1.com/2016/07/27/wednesday-report-129/

The first six months of our new bull market is now over and there is no way to get it back. Many have missed the bottom and have been waiting patiently for a pull back to get in . This strategy is not working. Many have tried to trade in and out of this new bull market and are left standing at the train station waving goodbye to the conductor as the train leaves. Personally I sold my positions a few months back and quickly realized this was a mistake and scrambled to buy them back at somewhat higher levels . This is how a new bull market works taking as few along for the ride as it can. At some point there is going to be a correction which will end up forming some type of consolidation pattern which will be needed to get the overbought condition back to normal. However predicting when and how this will occur will prove to be very challenging.
I have a ton of charts I could post tonight but I’m going to leave this Wednesday Report just the way it is. This is the first time since we opened up our doors at Rambus Chartology in which I didn’t post a chart , which is weird for me. What is most important to understand is this new bull market that is already six months old and isn’t waiting around for you to make up your mind if you want to participate or not.

[Joshua01]

The Chartology of a Generational Precious Metals Miner Move

Posted on July 9, 2016, 2:44 am by Rambus
From Rambus:


---------------

If you’ve been a precious metals complex investor, or as some like to call them gold bugs, this is the absolute best buying opportunity in 20 years to buy your favorite precious metals stocks. The unwinding of the parabolic 20 year arc is something you don’t see everyday and to be on the ground floor of the rebalancing move should be very rewarding if one can stay in the saddle.
https://rambus1.com/wp-content/uploa...gold-xau-1.png
Below is another ratio chart in which I compare the HUI to gold. When the ratio is rising the HUI is outperforming gold. If the ratio chart above has any validity then we should see the HUI rising in a near vertical move vs gold. After building out a Diamond reversal pattern at the bear market low, this ratio has been in a strong impulse move higher. Note the breakout and backtest to the top rail of the current bullish rising wedge. As long as the apex holds support we need to let this ratio fulfill its destiny.
https://rambus1.com/wp-content/uploa...5-720x1024.png
This next chart is a 10 month daily chart for gold which shows the breakout and backtest to the top rail of its six point bullish expanding rising wedge. If gold is just now breaking out in a brand new impulse move up, what does that say about the GOLD:XAU ratio chart we just looked on the first chart above? In order for the ratio to keep falling in a near vertical manner, as it has been doing since January of this year, the PM stocks are going to have to go up faster than gold itself which they’ve been doing since January.
Note the huge volume bar on the breakout from the six point bullish expanding rising wedge. Also note the backtest to the top rail that took place this morning. These are major clues that this consolidation pattern is mature and ready to make its next move.
This chart also has what I consider to be the most important moving averages for gold. The 50 day simple ma has held support except for the move below it at the sixth reversal point in the bullish expanding rising wedge. It even held on the big volatility day when gold broke out from the bullish expanding rising wedge. As you can see all the moving averages were slopping down coming into the December 2015 bottom. It took until last month June, for all the moving averages to have a positive crossover when the 200 finally moved above the 300 day moving average which was the last piece of the puzzle for the moving average alignments. They are now all proper aligned for the new bull market and pointing up.
https://rambus1.com/wp-content/uploa...1-621x1024.png
The longer term daily chart for gold shows the rally off the 2008 crash low and how all the important moving averages aligned to show the bull move that took place. During that big bull run up to gold’s all time highs the 150 day moving average was the one moving average that held support the best. It was never violated until the first move down from the 2011 top which also tested the 200 day moving average for the first time during that epic run.

https://rambus1.com/2016/07/09/late-...ght-charts-47/

Talk about information overload. These folks have achieved it here!