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Created on: 8/21/2019 8:13:30 PM Last Update: 8/21/2019 10:57:20 PM Posted by: RTT WARNING: This entry is 1569 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.
1 POST
Gold Gann Angle Update
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Everything awesome? Gold over $1500. Central banks are printing money to generate fake demand. Germany issues first ever 30 year bond with negative interest rate. Crazy times!
Even Australia and New Zealand and considering negative interest rates and printing money, you know a bunch of lowly populated islands in the South Pacific with no aircraft carriers or nuclear weapons. They will need to do this to suppress their currency as they are export nations, as they need foreign currency to pay for foreign loans. But what is next, maybe Fiji will start printing their dollar.
Now for a laugh, this Jason Pollock sold for more than $32M in 2012.

Ok, now call Dan Oliver a nut for his target of $3,000 USD gold.
Gold latest Gann Angle chart.
Click for popup. Clear your browser cache if image is not showing. 
Gold CTFC situation. Notice extreme open interest has been a reversal signal. Watch out for a pullback.
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NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.
Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
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Investing Quote...
.."It is not as important to buy as cheap as possible as it is to buy at the right time."..
Jesse Livermore
..“How many millionaires do you know who have become wealthy by investing in savings accounts?”..
Robert G Allen
..“If it’s obvious, it’s obviously wrong.”..
Joe Granville
.."I never found beauty in the longing for the impossible and never found the possible to be beyond my reach"...
Ayn Rand
..“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”..
Bernard Baruch
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