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The Corbett Report and Media Monarchy. If this doesn’t make you sick, you have a VERY thick skin!

Posted by silverngold @ 13:18 on April 13, 2017  

Try digesting the truth for a refreshing change….. or don’t you really care??

https://youtu.be/G2xPIYUTgS4

I see the distribution top in the major averages is ongoing…

Posted by macroman3 @ 13:08 on April 13, 2017  

So the US drops a MOAB. How many barrel bombs is that equivalent to?

Posted by macroman3 @ 13:05 on April 13, 2017  

Or 59 inaccurate Native American hair trimmers?

Maddog @ 12:53 Got It

Posted by Farmboy @ 12:57 on April 13, 2017  

Between todays action and the writings you posted this morning, I am convinced GDXJ is now a tool of the PM Masters. Will let you know if I find a better PM ETF to play with. I’m outta the J sandbox.

Breaking News: US drops largest non-nuclear bomb ever in Afghanistan

Posted by Farmboy @ 12:54 on April 13, 2017  

http://www.cnbc.com/2017/04/13/us-drops-largest-non-nuclear-bomb-ever-in-afghanistan.html

Farmboy

Posted by Maddog @ 12:53 on April 13, 2017  

It has always tracked GDXJ…the J in both is Junior !!!!

There must be a junior or two that have cratered tdy in the Basket…but having said that other stox are bonkers… ABX dn 1 % Nem dn 0.6 %…HL up 7.7 % Paas up 5.5 % having been a dog for weeks.

Bye Bye JNUG & JDST

Posted by Farmboy @ 12:49 on April 13, 2017  

You have treated me well since the first of the year, BUT you are leaving my stable. Will spend the weekend looking for another 3X ETF that is NOT tied to the grossly manipulated ย GDXJ index.

GDX +.77%

HUI +.89%

XAU +1.06%

GDXJ – 2.16%

Total BS !!!!!

 

Farmboy–send me your e-mail address-I have a vip gold chart–very bullish- I want to

Posted by Richard640 @ 12:03 on April 13, 2017  

send u-it’s from a subscription site-and I don’t think I should post it-mail me at:

clairejoie@aol.com

 

My Bad (Stupidity)

Posted by Farmboy @ 12:01 on April 13, 2017  

Like I stated earlier, for several months JNUG has appeared to track somewhere between the HUI/XAU indexes. I was WRONG, according to this article from two years ago, JNUG/JDST track a Van Eck index GDXJ. Sounds crazy to me, but it is what it is.

“April 15, 2015 08:33 AM Eastern Daylight Time

FRANKFURT–(BUSINESS WIRE)–Market Vectors Index Solutions (MVIS) today announced the licensing of the Market Vectors Global Junior Gold Miners Index (MVGDXJ) to Van Eck Global, one of the largest providers of exchange-traded products (ETPs) in the United States. The Market Vectors Junior Gold Miners UCITS ETF (GDXJ) starts tracking the index today.

The Market Vectors Junior Gold Miners UCITS ETF is the second ETF issued by Van Eck Global based on the Global Junior Gold Miners Index. The index has been underlying a U.S.-listed Market Vectors ETF since October 2009 with assets under management of USD 1.7 billion.

Following the special index concept of all Market Vectors Indices, MVGDXJ is designed to be investable, specifically to underlie ETFs. The pure-play index tracks the performance of the most liquid junior companies in the global gold and silver mining industry, provided they generate at least 50% of their revenue from this sector. Moreover, companies have to undergo demanding liquidity screenings to qualify for index inclusion. The free-float weighted Market Vectors Global Junior Gold Miners Index is calculated as a price and total return net index in USD. Index reviews are applied quarterly.”

Best guess

Posted by Buygold @ 11:55 on April 13, 2017  

Silver slam is on the way.

Hope not but it smells that way.

Richard640 @ 11:25 From Your Keyboard To HIS Desk

Posted by Farmboy @ 11:38 on April 13, 2017  

Getting Wild & Wooley out there. ๐Ÿ™‚

Farmboy=another possibility is that gold is actually DOWN from the 5:15 EST close yesterday–since

Posted by Richard640 @ 11:25 on April 13, 2017  

all of golds gains came after the Crimex close. But yesterday–before the Trump tweet–shares were lagging badly–which just leaves manipulation and suppression as the only explanations.

All that said, I still maintain that the “switch” is on for some kind of gold rally–awith gold up 9 bucks AND JNUG DOWN 8.7%–JNUG is a GFGBO**

**[gift from G*d buying opp]

FWIW

Posted by Farmboy @ 11:14 on April 13, 2017  

Been trading JNUG/JDST for several months and the 3x leverage has tracked a number between HUI and XAU. Tick for tick.

The only thing that makes any sense in today’s action is JNUG/JSDT have been set to track of all things, GDXJ.

STRANGE !!!

The supposition that Crimex has changed the playbook, not using Crimex, but PM stocks/indexes to manipulate Gold and Silver is gaining a whole lot of support with today’s action.

Oh brother, just when I learned the answers, they go and change the questions. LOL

 

Welcome To Planet Illusion

Posted by Farmboy @ 11:06 on April 13, 2017  

HUI + 1.03%

XAU + 1.34%

JNUG – 7.97 %

You Got To Be Kidding Me !

If HUI/XAU stay in the green come day’s end, JNUG has some serious resetting to do.

Farmboy, Maddog

Posted by Buygold @ 11:00 on April 13, 2017  

Weird action is right. There’s no reason why the GDXJ should be down but the shares are all over the map.

Most of my best performing juniors are down but some large caps are doing OK.

Maddog @ 10:38 Weird $hit Today

Posted by Farmboy @ 10:46 on April 13, 2017  

“Amateur Hour’ is over.ย What I call 9:30-10:30 each morning where crazy action is expected. However, this price action is totally insane.

HUI +.71%

XAU + 1.03 %

JNUG -6.85%ย 

Go Figure !!! Geesh !

sold my JDST at +8% profit, and purchased another 1000 shares of JNUG. Going where Angels got more sense to trend, calling this PM action BS! <spit> ๐Ÿ™‚

 

 

By the way all this discussion about the Donald is academic…he is a non entity.

Posted by Maddog @ 10:43 on April 13, 2017  

Ystdy he called for a weaker Dollar and it did move….tdy the Rig is back on and yup the Dollar is being bid along with SM and PM’s sold.

They all moved at precisely 9.35 am NY time…..so much for the Donald.

Boy oh boy are they gaming our stox

Posted by Maddog @ 10:38 on April 13, 2017  

look at HL, SSRI and Paas…..SSRI down 1.5 %, HL Up 6.5 % and PAAS which has been a total dog for days is Up over 5 %…..

Would not surprise me to hear that the ETF issuers are giving up on PM Stox ETF’s, due to the lack of liquidity/massive price moves, as they try to balance….that is if they are even trying to.

Some real wierd stuff going on…as for GDXJ tdy…what happened…as even the Sprott junior is down !!!!!

Hey Farmboy

Posted by Buygold @ 10:18 on April 13, 2017  

Good luck with your GASX. It really should be the easiest way to make money in the markets by trading Pm’s

They pretty much telegraph every move. Shorting gold and silver pre market was a no brainer, as was buying JDST.

USD rarely goes down more than 2-3 days in a row.

The action in the shares is worrisome, because they are failing to make higher highs as the metals have risen. Seems to me we’re in trouble yet again.

Intresting commentary

Posted by Auandag @ 10:02 on April 13, 2017  

https://www.youtube.com/watch?v=JX0NGtO5zgw

OK-i get it–Trump tweeted “there will be peace betwixt Russia and the U.S.”–

Posted by Richard640 @ 9:47 on April 13, 2017  

this “event” is prolly a buying opp…

What the F-!! JNUG down almost 8%–GDX up a few pennies!!??

Posted by Richard640 @ 9:44 on April 13, 2017  

Buygold @ 8:39 Good Morning. Thanks For The Pre Market Report

Posted by Farmboy @ 9:16 on April 13, 2017  

So far…….Crimex has not stepped in with an early morning smack. Have about an equal amount of JDST and JNUG so ready for a decisive move in either direction. Just don’t want to see the PM’s ‘flatline’ like they did most of yesterday. Maybe Trump can Tweet something? ๐Ÿ™‚

Trying out a new pony not related to PM’s this morning. Bought some GASX yesterday in a Wild Card shot. It’s a 3x Etf on natural gas going down. It’s about that time of year for natural gas inventories to start building and in theory, for natural gas prices to start dropping. The natural gas inventory report comes out at 10:30 this morning. I will know the fate of my trade shortly. Here is last weeks inventory chart which shows the beginning of inventory build.

ngsย t

But if you think the PM’s are manipulated, Oil and Gas are the grandfather of manipulation. Wish me luck. ๐Ÿ™‚

http://ir.eia.gov/ngs/ngs.html

Maddog @ 5:27 Some Interesting Views, But I Agree With Buygold,

Posted by Farmboy @ 9:01 on April 13, 2017  

the Dem’s wont be trying to retread an old shoe like Hillary. If they cannot find a more suitable horse to run with name recognition I think they will fall back to something like running an unknown like Obama was and using the media to build a fantasy land around them.

You get an A+ for the homework assignment on your comparing ETF’s to PM Stocks. Good Job !!

silver rider @ 23:00 You Are An Exception To The Rule

Posted by Farmboy @ 8:56 on April 13, 2017  

Made my morning to hear from you. It’s been awhile. Thanks, Farmboy

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.