Oh no another Gold Stock bottom caller! Hang on! Well its gotta happen at some time!
Previous Post: Gold D Wave completed, next! and Gold and silver stocks near the end of their crash
A G7 country (Japan) has moves to negative interest rates (NIRP). Well having YEN under the bed earns more the YEN at the bank! Gold also protects you from bentral bankers nutters! Get the feeling that gold and silver will now creep onto more portfolios! Gold stocks will follow to some degree gold, may not be rock stars just yet but the environment is changing for this bruised sector! The last week of Jan 2016 price action in NEM was a good 'sign of strength' that looked like a 'change of behaviour' worth watching!
"My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market. The stock market is the greatest, most complex puzzle ever invented - and it pays the biggest jackpot...it was never the money that drove me. It was the game, solving the puzzle, beating the market that had confused and confounded the greatest minds in history. For me, that passion, the juice, the exhilaration was in beating the game, a game that was a living dynamic riddle." ~ Jesse Livermore
"The stock market is filled with individuals who know the price of everything, but the value of nothing." ~ Philip Fisher
"The four most dangerous words in investing are 'This time it's different'." ~ John Templeton
"Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks." ~ Bruce Kovner
"People somehow think you must buy at the bottom and sell at the top to be successful in the market. That's nonsense! The idea is to buy when the probability is greatest that the market is going to advance." ~ Martin Zweig (The inspiration behind a number of Martin Zweig's methods came, from Jesse Livermore).