Juniors PGEN Marines Update (JMU).
Feb 26, 2020
Junior PGEN Marines Quickdate
DOUBLE CLICK ON CHARTS TO ENLARGE THEM!
- Please click here now: https://galacticjuniors.com/wp-content/uploads/2020/02/2020feb26oil1.png I show a “sleigh ride” chart to GU subs.
- The oil stocks are in their own sleigh ride, and this chart just shows them against the dollar, not gold!
- Please click here now: IF Corona gets under control in China, rare earths could be a major play.
- As a of NOW, there is NO BUY SIGNAL IN PLAY.
- Please click here now: https://galacticjuniors.com/wp-content/uploads/2020/02/2020feb26lit.png Lithium stocks were verging on “astro mode”, until Corona smoked everything.
- Electric car production is going vertical while oil supply rises as demand peaks out.
- I should also remind you that the two top wave counts men, Avi Glibert and Captain E… they believe the stock market can surge well above the current highs….
- And then collapse in a meltdown that could overshadow even 1929!
- You need to be open to ANYTHING in markets.
- Debt is going higher no matter what happens. Gmen can’t help themselves. At best, there is no collapse and Chindian influence and generally rising debt make gold stocks a fabulous play.
- At worst, there is a meltdown, and gold stocks go absolutely ballistic.
- Please click here now: https://galacticjuniors.com/wp-content/uploads/2020/02/2020feb26goex.png GOEX and its component gold explorer stocks are kind of “muddling higher”.
- Tactics? Well, it’s obviously win-win for gold stocks.
- For oil, it looks rough.
- For rare earths, this is obviously the “value” zone, but there may be substantial time in the hopper, especially under the wave counts scenario.
- Taking a tiny position in rare earths and lithium seems “somewhat ok”, but for anything bigger I would wait for my technical green traffic light to flash, and that has yet to happen, obviously.
- In short… go for the gold!
- Keep in mind that until GDX and GDXJ rise above their 2016 highs of $32 and $53 on their 24hr charts, the “muddling along” with continue.
- The breakout will be bankster-hosted, and they certainly don’t want people pouring out of the stock market and into gold, let alone gold stocks, let alone gold juniors!
- Gridtime! Please click here now: https://galacticjuniors.com/wp-content/uploads/2020/02/2020feb26wagon1.png The wiener wagon chart! I’ve been clear that gold’s last bear market, a short one of 20yrs, ended around the years 1999-2002. The 2011 reaction was a bull market correction at a very early stage in a very long bull market. In contrast, most gold stocks have been in a bear market since 2006. In the case of a lot of CDNX stocks, it’s 2003 and 2004. I’ve suggested that it’s the tail end of that grizzly bear, but please click here now: https://galacticjuniors.com/wp-content/uploads/2020/02/2020feb26champs1.png I’ve also suggested you exercise PATIENCE and wait for a green traffic light buy signal that I told you would not likely come until CDNX closes above 600. Look hard at that chart. It’s now almost two years since I issue the red traffic light signal. I almost issued the signal in the past two weeks, but Corona destroyed any hope of that happening for now. Trumpy Pumpy is holding a stock market pump-up session tonight. The theme of the madness is basically, “If you have Corona, push your stock market buy button, and you’ll be cured!” He tried his vaccine scam. That failed, so he worked Krudlow’s puppet strings, and that failed too. Now he’s going to take the matter head-on. If he can convince the banksters to buy the market, it might work, at least for the short term. I’d like to think the raw junior explorers in the CDNX can stand on their own, but I’ll let the traffic light turning green be my signal, rather than just my hopes and dreams. For the more established juniors in ETFs like GDXJ, GOEX, etc, things look a lot better. Lastly, one of you asked about Northern Dynasty. There’s 300million+ shares outstanding… but the chart looks pretty good and it is the biggest gold resource in the word… by far… so have to own at least a token position, just as an ode to size! If elected, Bernie might crush it, but even if it gets “Trumpster-approved”, it will take some time. A pgen to zero in $1 to zero range, with 10 cent entries in $1 to 50 cent zone, and 5 cent in 50cent to zero zone, is how I would play it right here. Thanks!
Kirk Jr. on the gold explorers starship bridge, out!