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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Re: Gold Completes Golden Cross
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Mar 21, 2014 02:01PM
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Mar 21, 2014 05:33PM
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Mar 21, 2014 05:47PM
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Mar 21, 2014 06:30PM
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Mar 26, 2014 03:26PM

"T.A. and I just can't get along."
I also but more precisely for me this so called 'TA' merely represents recent history.
Yes history does 'predict' the future if the students of it do not learn it's lessons.
Any how I digressed, so back on topic.

What does it mean?
Definition says that things are about to change, short term average above long term, means toward positive price.

I differ, Things Have Changed, and the price of precious metals reflects it, while this 'TA' is a poor predictor but merely reflects what has already happened.

So what has changed?
My guess is that the factor that has pushed the price up most are the events that happened in Ukraine. Of itself not much of a factor but one has to take into account the global influence or reactions.
What has changed is the relation of the West with Russia, and Europe being heavily dependent on Russia for energy supplies.
With tensions rising money moves into safer niches.

So my opinion is - Follow the global events closely for a more accurate and timely predictor.

Ed.

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Mar 27, 2014 11:22AM
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Mar 27, 2014 11:56AM
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