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	Comments on: GLD, SLV, GDX &#038; EUR/USD Updates 6-16-24	</title>
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	<link>https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/</link>
	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Wed, 19 Jun 2024 19:18:30 +0000</lastBuildDate>
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		<title>
		By: Gino		</title>
		<link>https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32575</link>

		<dc:creator><![CDATA[Gino]]></dc:creator>
		<pubDate>Wed, 19 Jun 2024 19:18:30 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=214356#comment-32575</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32535&quot;&gt;AP&lt;/a&gt;.

I take it for what it worth: if you’re bullish you might be very cautious now. Question is not whether we’re in a bubble or not, it is more what will burst it and when. Randy is doing very well on putting things on the table. It is our call to take the risk.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32535">AP</a>.</p>
<p>I take it for what it worth: if you’re bullish you might be very cautious now. Question is not whether we’re in a bubble or not, it is more what will burst it and when. Randy is doing very well on putting things on the table. It is our call to take the risk.</p>
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		<title>
		By: KevinK		</title>
		<link>https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32564</link>

		<dc:creator><![CDATA[KevinK]]></dc:creator>
		<pubDate>Tue, 18 Jun 2024 14:46:52 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=214356#comment-32564</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32554&quot;&gt;KevinK&lt;/a&gt;.

Almost forgot also....
Nasdaq 6 all time high record closes in the 6 days since Randy left.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32554">KevinK</a>.</p>
<p>Almost forgot also&#8230;.<br />
Nasdaq 6 all time high record closes in the 6 days since Randy left.</p>
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		<title>
		By: KevinK		</title>
		<link>https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32563</link>

		<dc:creator><![CDATA[KevinK]]></dc:creator>
		<pubDate>Tue, 18 Jun 2024 14:29:43 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=214356#comment-32563</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32552&quot;&gt;Imadaytr8r&lt;/a&gt;.

Yes, THE Tom Lee that said S&#038;P 4800 last year when everyone was predicting down. THE Tom Lee that said S&#038;P 5500 in June when everyone is saying the market is overbought and needs a 5% correction, and are scrambling to raise their 5000 predictions for the year.
And Bitcoin did take a dive, but it will be over $100,000 eventually.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32552">Imadaytr8r</a>.</p>
<p>Yes, THE Tom Lee that said S&amp;P 4800 last year when everyone was predicting down. THE Tom Lee that said S&amp;P 5500 in June when everyone is saying the market is overbought and needs a 5% correction, and are scrambling to raise their 5000 predictions for the year.<br />
And Bitcoin did take a dive, but it will be over $100,000 eventually.</p>
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		<title>
		By: KevinK		</title>
		<link>https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32559</link>

		<dc:creator><![CDATA[KevinK]]></dc:creator>
		<pubDate>Tue, 18 Jun 2024 14:12:00 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=214356#comment-32559</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32552&quot;&gt;Imadaytr8r&lt;/a&gt;.

It&#039;s no where close to 2000, and the drop in the market will be no where close to 2000. 
In 2000 a multitude of companies stocks were exploding with large debt, no revenue, and no profits. Today the exploding companies are cash rich and making more every day. Even the earnings of the lower 485 or so crap companies are up the last 3 quarters and projected to continue higher.
Someday the market will correct, but Nvidia is not going down to 100, and Apple, Meta, and Microsoft aren&#039;t going to 50 to name a few. 
Apple&#039;s PE is 33, Microsoft&#039;s is 38, and Meta&#039;s is 29. Only Nvidia is in the stratosphere (at 78), but so are their earning projections. 
Those companies in 2000 had PE&#039;s of infinity with zero earnings.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32552">Imadaytr8r</a>.</p>
<p>It&#8217;s no where close to 2000, and the drop in the market will be no where close to 2000.<br />
In 2000 a multitude of companies stocks were exploding with large debt, no revenue, and no profits. Today the exploding companies are cash rich and making more every day. Even the earnings of the lower 485 or so crap companies are up the last 3 quarters and projected to continue higher.<br />
Someday the market will correct, but Nvidia is not going down to 100, and Apple, Meta, and Microsoft aren&#8217;t going to 50 to name a few.<br />
Apple&#8217;s PE is 33, Microsoft&#8217;s is 38, and Meta&#8217;s is 29. Only Nvidia is in the stratosphere (at 78), but so are their earning projections.<br />
Those companies in 2000 had PE&#8217;s of infinity with zero earnings.</p>
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		<title>
		By: KevinK		</title>
		<link>https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32554</link>

		<dc:creator><![CDATA[KevinK]]></dc:creator>
		<pubDate>Tue, 18 Jun 2024 04:50:36 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=214356#comment-32554</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32553&quot;&gt;Imadaytr8r&lt;/a&gt;.

5 new all time highs and in last 6 days 
2.35% in the S&#038;P in  6 days   (that would be 100%/year)
It adds into the 30+% gain on the continually extended divergence since November with no end in sight...also
4.33% in the Nasdaq in 6 days
That ain&#039;t hay.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32553">Imadaytr8r</a>.</p>
<p>5 new all time highs and in last 6 days<br />
2.35% in the S&amp;P in  6 days   (that would be 100%/year)<br />
It adds into the 30+% gain on the continually extended divergence since November with no end in sight&#8230;also<br />
4.33% in the Nasdaq in 6 days<br />
That ain&#8217;t hay.</p>
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		<title>
		By: Imadaytr8r		</title>
		<link>https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32553</link>

		<dc:creator><![CDATA[Imadaytr8r]]></dc:creator>
		<pubDate>Mon, 17 Jun 2024 20:47:16 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=214356#comment-32553</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32551&quot;&gt;KevinK&lt;/a&gt;.

The market has only gone up 2.2% since Randy left six trading days ago! Hardly a major move! If anything, his divergences are probably just extended. Any Bulls retiring or Bears going bankrupt on 2.2%%? LMAO!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32551">KevinK</a>.</p>
<p>The market has only gone up 2.2% since Randy left six trading days ago! Hardly a major move! If anything, his divergences are probably just extended. Any Bulls retiring or Bears going bankrupt on 2.2%%? LMAO!</p>
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		<title>
		By: Imadaytr8r		</title>
		<link>https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32552</link>

		<dc:creator><![CDATA[Imadaytr8r]]></dc:creator>
		<pubDate>Mon, 17 Jun 2024 20:38:57 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=214356#comment-32552</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32547&quot;&gt;KevinK&lt;/a&gt;.

This isn’t 2000, it’s worse, way worse! This freight train is going up on a 45 degree angle on a bridge built on stilts! 4 mega cap tech stocks to be exact! Freight trains aren’t designed to climb at 45 degrees! When it stalls, the sheer weight of the other 496 stocks in the S&#038;P 500 will yield devastation! Simple wisdom … buy low and SELL high! Odds are these 4 pillar stocks of this “Bull” market will reach exhaustion way before the other 496 stocks values catch up! I’m also willing to stake everything I have that when the dust clears from the Middle East powder keg that’s ready to blow that Iran is clearly instigating, it will be Israel left standing. The Titanic is listing … it won’t take much more for the Bulls to start sliding off the deck! … Tom Lee,  THE Tom Lee who famously  predicted  $100,000 Bitcoin by Christmas a few ago! Hmmmmmmm]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32547">KevinK</a>.</p>
<p>This isn’t 2000, it’s worse, way worse! This freight train is going up on a 45 degree angle on a bridge built on stilts! 4 mega cap tech stocks to be exact! Freight trains aren’t designed to climb at 45 degrees! When it stalls, the sheer weight of the other 496 stocks in the S&amp;P 500 will yield devastation! Simple wisdom … buy low and SELL high! Odds are these 4 pillar stocks of this “Bull” market will reach exhaustion way before the other 496 stocks values catch up! I’m also willing to stake everything I have that when the dust clears from the Middle East powder keg that’s ready to blow that Iran is clearly instigating, it will be Israel left standing. The Titanic is listing … it won’t take much more for the Bulls to start sliding off the deck! … Tom Lee,  THE Tom Lee who famously  predicted  $100,000 Bitcoin by Christmas a few ago! Hmmmmmmm</p>
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		<title>
		By: KevinK		</title>
		<link>https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32551</link>

		<dc:creator><![CDATA[KevinK]]></dc:creator>
		<pubDate>Mon, 17 Jun 2024 19:56:51 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=214356#comment-32551</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32548&quot;&gt;Pokey2014&lt;/a&gt;.

You&#039;re surprised...I&#039;m not...My comment from June 7...

&lt;span&gt;&quot;Get ready for some fireworks.&lt;/span&gt;
&lt;span&gt;When Randy goes on vacation, the market always seems to make a major move.&quot;&lt;/span&gt;]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32548">Pokey2014</a>.</p>
<p>You&#8217;re surprised&#8230;I&#8217;m not&#8230;My comment from June 7&#8230;</p>
<p><span>&#8220;Get ready for some fireworks.</span><br />
<span>When Randy goes on vacation, the market always seems to make a major move.&#8221;</span></p>
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		<title>
		By: trade0039		</title>
		<link>https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32550</link>

		<dc:creator><![CDATA[trade0039]]></dc:creator>
		<pubDate>Mon, 17 Jun 2024 19:16:26 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=214356#comment-32550</guid>

					<description><![CDATA[Since last Randy&#039;s sell signal in SOXX, it is up whopping 18%. When was the last time we got winner between 5% to 10% ?

Its crazy!  I will be damned if Randy comes with another Sell signal using RSI and PPO divergences...

True Real Gurus always shared their real accounts with Live trades]]></description>
			<content:encoded><![CDATA[<p>Since last Randy&#8217;s sell signal in SOXX, it is up whopping 18%. When was the last time we got winner between 5% to 10% ?</p>
<p>Its crazy!  I will be damned if Randy comes with another Sell signal using RSI and PPO divergences&#8230;</p>
<p>True Real Gurus always shared their real accounts with Live trades</p>
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		<title>
		By: Pokey2014		</title>
		<link>https://rightsideofthechart.com/gld-slv-gdx-eur-usd-updates-6-16-24/#comment-32548</link>

		<dc:creator><![CDATA[Pokey2014]]></dc:creator>
		<pubDate>Mon, 17 Jun 2024 18:36:35 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=214356#comment-32548</guid>

					<description><![CDATA[Wow. The market is up again…]]></description>
			<content:encoded><![CDATA[<p>Wow. The market is up again…</p>
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