DECEMBER 2017 (frei)

Welcome to the wonderful world of illusions...a world where few people can see the difference between reality and fantasy.

Tuesday December 19 to Friday December 22, 2018 - We had a capitulation of the Gold & Silver sector and we have a buy climax of cryto-currencies.

Updated Sections: $-Gold , €-Gold & €/$€/$ , Majors  , Juniors , Investment Pyramid , Silver , US-DOLLAR , Royalties , Majors , Miners versus Gold & SP500 ,

The updates will for the time being NOT been seen on Goldonomic.nl & Goldonomic.be - only the charts are automatically updated on all sites !!!!

Emil Oldenburg is co-founder of bitcoin.com, but he has confidence in his own project lost completely. ,, The bitcoin is as good as unusable as currency. '' He has already sold his virtual coins. Everyone is talking about bitcoin, even people who otherwise know little about investing. That’s a very bad sign for bitcoin. Chinese retail investors are a major buyer of cryptocurrencies but the practise of using bitcoin to funnel money overseas has been clamped down on over the last six months, not least when bitcoin exchanges were raided back in September. By July 2019, the bitcoin network will require more electricity than the entire United States currently uses. By February 2020, it will use as much electricity as the entire world does today.

Bitcoin for Dummies: By July 2019, the bitcoin network will require more electricity than the entire United States currently uses.

Professionals are reversing their Gold & Silver SHORT positions into LONG positions is a spectacular way: Gold And Silver Futures Swing From Bearish To Bullish In Just 2 Weeks...


Gold Shorts	Silver Shorts

We expect Stock Markets will continue to go up until the MONEY DRIES up. Until the financial markets begin upchucking the "liquidity" being forced fed to them, we can anticipate the stock market will continue going up as the old monetary metals for the most part continue holding on to what they have.

Important Fundamentals:

The fourth xxx train at xxx xxx (xxx). Sabine Pass export terminal was completed in August 2017, bringing total U.S. xxx export capacity up to 2.8 Bcf/d.
On xxxx: There are at least four factories under construction in Asia that are on par with Tesla’s giga-factory with even more smaller factories also under construction. That represents a considerable quantity of potential raw materials demand lining up as battery manufacturing picks up. Since it takes time to build new mining/brine and refining capacity, a supply inelasticity meets rising demand environment is increasingly evident.
xxxxx has been priced as if diesel cars are going to be discontinued tomorrow. The reality is somewhat different since European consumers pay some of the highest prices for gasoline in the world and diesel cars are both more efficient and last longer. Despite projections for increased electric vehicle use from the 2020's, and more stringent emissions testing, diesel cars are still likely to be in demand for at least the next few years.
xxx to invest $200 million in renewables. In the latest example of an oil major stepping up stakes in renewables, xxx xxx) announced an investment of $200 million into Lightsource, a UK-based solar developer. The move marks a return to the renewables sector for xx after it closed the door on solar investments in 2011. xxx says it has learned from its poor investment in low margin solar panel manufacturing from years ago. The investment gives the British oil giant a 43 percent stake in Lightsource. The move is significant because it is the latest example of large oil companies diversifying into the increasingly attractive renewables sector amid questions surrounding the long-term health of the oil business.

Important Technicals:

xxxx (xxx) is a STRONG BUY (fundamentally and technically) at present level.
Central Banks continue to buy shares and push stock markets up.
Bitcoin or if it looks like a TOP, walks like a TOP and talks like a TOP.


Bitcoin	Central Banks buy shares	xxxx

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Monday & Tuesday, Wednesday, Thursday December 11-12-13-14, 2017 - We're still updating the sites....

Updated Sections: Royalties, Majors , (only the PF charts), Majors & Juniors (dramatic reversal on candle charts)

We have updated the software of 3 of the 4 Goldonomic sites. Goldonomic.fr and Goldonomic.de are life...we are still working on solving minor problems. Goldonomic.com is almost done...except that we still have to resolve EDITOR problems....Hopefully next week, everything will be working well and we shall be able to update the sites again. [as they are working on the sites, any update we do now, will be lost when the sites with the most recent software are life]

Important Fundamentals:

Kinross Gold Corporation (KGC) is pleased to announce that it has gained mineral rights to a 287-hectare (709-acre) parcel of land known as Gilmore located immediately west of its Fort Knox mine in Alaska. As a result, Kinross added 2.1 million gold ounces in estimated measured and indicated resources and 300 koz in estimated inferred resources at Fort Knox. Technically speaking, Kinross is a SCREAMING buy at present level ($3.80)
Newmont mining (NEM) will double the dividend in 2018.

Important Technicals;

The Dow Jones Industrials has reached our CALCULATED TECHNICAL TARGET = CAUTION. Horizontal Point and Figure (PnF) analysis offers a method for estimating the potential extent of a move. The dilemma is what to do when the price objective has been met. Should there be an automatic response of reducing position size in the price objective zone? Are there more dynamic strategies to consider? The least to expect is some consolidation. We may also see a correction which will push back the Dow towards the BOTTOM of it's uptrend channel....or will the Dow become CLIMATIC and initiate its final run before it crashes...?

Dow Target dec 2017

The Gold & Silver sector remains sloppy...little interest, no volume,...with everybody focussing on the DOW RECORDS and BITCOIN buy climax. This BOTTOM seems to be lasting for ever...
At these levels Gold and Silver are a SCREAMING BUY.
Gold & Silver shares ARE A SCREAMING BUY ...see PF and Candle charts.

Categories: News