Australian (ASX) Stock Market Forum

Storm at Sea

30 April; gold bug fools. 8 May; sailing with gold....

Gold is going to $2600 and beyond, hold fast good Captain.
I,d rather just Watch for the moment thanks Brave and Not so Loyal Sean K

You must agree
It is one of the Greatest Spectator Sports on The Global Exchange
Crikey!
Who knows what the Price of Gold will go to in the world's FIAT currencies

It is all about "What is in it for Me"
I Like and Respect The Big Buck in preference to Gold ATM
It is as Simple as that!

Salute and Gods' Speed
XYZ Yacht.GIF
 
I,d rather just Watch for the moment thanks Brave and Not so Loyal Sean K

You must agree
It is one of the Greatest Spectator Sports on The Global Exchange
Crikey!
Who knows what the Price of Gold will go to in the world's FIAT currencies

It is all about "What is in it for Me"
I Like and Respect The Big Buck in preference to Gold ATM
It is as Simple as that!

Salute and Gods' Speed
View attachment 156763

Extremely brave and very loyal to longer term theory of winds and oceans.

Not tacking or jibing at the piff of a wind.

Might send me into an iceberg or a reef that will send me into Davy Jones's Locker.

Good winds, Captain.
 
Ahoy Brave and Loyal Crew
Seems like the Day of Reckoning has arrived for GOLD

All hands on Deck
Hoist the GLL in Quick Time

Sailing for Gold -------One Day at a Time -------------------------------------&----------- 5 MINUTES at a Time
1683795000510.png

Sailing the ULTRA Short Gold (GLL) ----- One Day at a Time ----------------& --------------5 MINUTES at a Time

1683795225744.png
Salute and Gods' Speed
HMAS  Ship of Fools.gif
 
Ahoy Brave and Loyal Crew

As I have always said "He who hesitates Is Lost"
Hold on tight to our Glorious little GLL Ultra Short Gold ETF
She should gap up nicely tonight in NY

Sailing for Gold -------One Day at a Time -------------------------------------&----------- 5 MINUTES at a Time


1683881816492.png
Salute and Gods' Speed
Captain Chaza (2).jpg
 
Learning from History
Sailing the Dow Jones 1900- 1925-------------- One Week at a Time
For History lovers of TECHNICAL ANALYSIS ONLY


In the days when The Commonwealth of Australia included The State of New Zealand as an equal Member of the Commonwealth of Australia there were lots of strange happenings with Chinese Immigration
None of our States let any more Chinese into their ports and turned them all back
The only State that allowed the Boats to land was the great State of NZ
They were then not invited to join to the Great New Federation of AUSTRALIA

Since The All Ords did not exist in those days we can only follow The DOW JONES
For those who love their Fundamental Analysis / Politics /Economic texts etc etc
All you need to do is Read all the old Newspapers of the day
OR
Respect Technical Analysis for What it is and What it is Not

1901-1906
DOW 1905.gif

1906-19111
DOW 1910.gif

1911-1916
DOW 1915.gif

1916-1921
DOW 1920.gif

1921-1926
DOW 1925.gif


Salute and Gods' Speed
XYZ Yacht.GIF
 
Last edited:
The BIG BUCK holds firm! in overnight NY markets Friday night

1684052503884.png
Salute, Gods' speed and Stay the Course
XYZ Yacht.GIF

PS; I don't think the Chinese will be buying any USD's
 
Ahoy Brave and Loyal Crew

Watching GOLD is the Greatest Spectator of Them ALL
Hold on tight to our GLL and Enjoy the Spectacle Overnight

Sailing for GOLD in USD

1684219315197.png
Sailing the GLL (ETF)
1684220365971.png

Salute and Gods' Speed
Captain Chaza (2).jpg
 
Last edited:
Ahoy Brave and Loyal
Hold on tight to our Ultra Short GLL
The Bad seems to be getting Badder for GOLD
This could get UGLY!
Particularly For our much Loved Kangaroo Gang Down Under

1684397201309.png
Salute and Gods' Speed
Captain Chaza (2).jpg
 
Ahoy Brave and Loyal Crew

If you have studied the 1900- 1925 Charts of the Dow Jones I posted last week you should have learnt something
The next 25 years is Impelling
Please Enjoy!
In those days when I constructed these charts ~1993
Data for any share or index cost $ 5 /year
And Yep, I paid $500 for 100 years of Data of the Dow Jones
I paid it because I thought I was on a Good Thing

You now get it for free (C)
Please enjoy !

I was also lucky to get the Beta version on Microsoft Windows 95 in late 1993 by courtesy of METASTOCK
They wanted me to check out if their programme was Compatible and YES I was impressed
I threw my Apple overboard

Learning from History------------For History lovers of TECHNICAL ANALYSIS ONLY

Sailing the Dow Jones 1926- 1931-------------- One Week at a Time

DOW 1935.gif

1936- 1941
DOW 1940.gif

1941 -1946
DOW 1945.gif

1946-1951
DOW 1950.gif

1951-1956
DOW 1955.gif

Crikey! ! That was another Marvelous 25 Years
I hope you all take the time to enjoy the Spectacle of Technical Analysis

Blimey , How can the next 25 years be as good as that !
Well I can remember the MIM Boom, the WMC Boom and the Poseidon Boom IN THOSE YEARS


See you next Weekend for another 25 year Adventure in Technical Analysis-----One Week at a Time

Salute and Gods' Speed
HMAS Ship of Fools.jpg
 
Last edited:
I have made a copy of last Friday's post to remind me to follow up the charts in these logs
More on The Magnificent little WC8 later

"What about my Lithium Trousseau of Sails?
DLI, PMT, LKE, LRS, GL1 and INR

Salute and Gods' Speed
captain-chaza-2-jpg.jpg
PS: LTR which I have recently sold and Got a lot of WC8 in its recent placement @ 0.03 cents
Sometimes you can get LUCKY!"


"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.
NB: There is No Fundamental Analyst onboard this "HMAS Ship of Fools" So ALWAYS DYOR
 
"LUCK is what happens when PREPARATION meets OPPORTUNITY"

Sailing the WC8-----------One DAY at a Time----------------5 MINUTES at a Time
1684722624433.png
Salute and Gods' speed

XYZ Yacht.GIF
 
Believe me
It not easy being a Captain on this Ship

I got this email from my #1 son
"Only got 5 million shares… should have gone harder
Never mind… still good"

On 22 May 2023, at 1:32 pm, I, Me, and Myself wrote: to my Crew/Family members

"WC8 up 31% today as at 1.30 pm"
?

Salute and Gods' Speed :)
XYZ Yacht.GIF
PS " Crikey !
If it wasn't true, You wouldn't believe that email!!
 
Last edited:
Ahoy Brave and Loyal Crew

How many times have I said
NB: 'Storms Strike Twice"

Hold on tight to our Gorgeous GLL (ETF)

Sailing for Gold -----------One Day at a Time-----------------------------------& -----------------5 Minutes at a Time1684826872340.png
Salute and Gods' speed
XYZ Yacht.GIF
 
Ahoy there Captain Seanie

I have just discovered how small this planet is!
My Son also played a few games for the AFL Essendon FC and made lots of contacts as you did

One of who was "Banksie" who left Melbourne and went West to make his fortune in the Mining Industry
I don't know if you were in the same time zones?

However, As a great mate Banksie advised my son to have a GOOD LOOK at WC8 3 years ago in the Cinderella year for Gold and then again a few weeks back in the Cinderella Comeback in LITHIUM

All I had to do is check out the Seaworthiness in the Charts
and
The Rest is History

Sailing the WC8----------------One Day at a Time --------------------------------&------------5 MINUTES at a Time

1685273914785.png
Sometimes you can get Lucky!
XYZ Yacht.GIF
 
Ahoy there Captain Seanie

I have just discovered how small this planet is!
My Son also played a few games for the AFL Essendon FC and made lots of contacts as you did

One of who was "Banksie" who left Melbourne and went West to make his fortune in the Mining Industry
I don't know if you were in the same time zones?

However, As a great mate Banksie advised my son to have a GOOD LOOK at WC8 3 years ago in the Cinderella year for Gold and then again a few weeks back in the Cinderella Comeback in LITHIUM

All I had to do is check out the Seaworthiness in the Charts
and
The Rest is History

Sailing the WC8----------------One Day at a Time --------------------------------&------------5 MINUTES at a Time

View attachment 157406
Sometimes you can get Lucky!
View attachment 157407

⚓ handy info, in May :whistling:
 
Ahoy There Brave and Loyal Crew
Hold on tight !
Lower Nothing!
We are looking good

1685353072271.png
Salute and Gods' Speed
HMAS Ship of Fools.jpg
 
Top