We had Ice Ice Baby when she was rocking in first primary and its been a graveyard since completing its second primary ....... but now ....... reckon we need a new theme song as price / time appears to have completed.
"Where can I Find a Woman Like That , Like Jesse's Girl" now seems appropriate haha.
Our Ice Queen is nudging major pivotal line right now and Jesse must be singing in his grave !
Chart technos starting to look sensational even as market continues to ignore the wealth creation supreme hedge to FIAT paper burn staring it in its face, as the Obamarama circus now says deficit more likely USD 2.5 trillion now.
Its summer in Santa's land now so HOPEFULLY we will hear some NEWS bros ??? Feels like a symphony orchestra wanting to techno- play but no conductor anywhere to guide us on the FUNDAMENTALS STATUS !!!
U gotta have both FA and TA complementing for aoppropriate market re-rate from LIMBO even tho the POG is near ATH's and pgms charts also looking very positive whilst Dr Doom reckons the use-by date of the USD/Bond market is now only "weeks" away !
I have been quietly accumulating for core again last coupla weeks in anticipation of positive macros evolving now that the GANN TIME element seems to have sufficed and coming off a long base showing the best TA set-up u could wish to find.
Needs to clear 38+ T+3 for the techno bells to start ringing. In the hands of the biggies corporately so we are only small fry and thats how we will always remain ... believing there IS a Santa !
Looks to me April 2007 was last similar techno set up which took it from break thru similar levels straight to around 110 pivot. At that price now, it would still represent only about AUD 10 bucks an ounce IGV for her GOLDEN CORE ONLY ....... still well below peer group average. But technos are technos ...... no rhyme or reason until the music starts.
Holding onto my breath passively now with core investment only but keenly watching the charts as they start to vibrate haha
Come on Ice Queen ..... strut your stuff and lets get to some realistic fair value again !
IMBOOC
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