Posted by Ororeef
@ 23:41 on November 1, 2018
Posted by Richard640
@ 22:20 on November 1, 2018
Obstensibly the alibi for the rally was the $ index was down .800…but there have been MANY days with the dollar down and gold did nothing…the COTs tomorrow are similarly random–On Friday if we see the commercials got longer will that really explain anything?
Posted by silverngold
@ 21:25 on November 1, 2018
Use the race card to silence any opposition or question!
Posted by Ororeef
@ 20:57 on November 1, 2018
Its rather curious that Monsanto to get its people in high positions use Black people to get their creepy hands in high places …..what a disgraceful Racist thing to do ! USERS ! Clarence Thomas,…A.Skipwith at Wildlife Agency .. Good Blacks dont need Monsanto nor Democrats ….their being used..If we want to promote Blacks thats good ,but Monsanto comes with them ? UGH !
Posted by Ororeef
@ 20:35 on November 1, 2018
the last time the DOLLAR was as GOOD as GOLD,,we were in a DEPRESSION..! Is that what the FED WANTS ? The banks get to forclose on everybody when they call in their LOANS ….The Banks get to exchange Phony PAPER worth nothing that they created out of thin AIR for REAL ASSETS ..Is that what the Strong Dollar is going to do ? Trump wont LIKE that ! The BANKS and the FED DO ! …..Trump VS FED…coming soon.!
Who in their right mind would put the Money Lenders in charge of everything ?
Kennedy removed Fed Reserve NOTES and replaced them with Treasury NOTES 6 months later he was dead and Johnson immediately un did it. If we go into a depression blame the Money Lenders the Federal Reserve.. and probably only a CIVIL WAR can fix it. Andrew Jackson ROUTED them out and that IDIOT College Professor President Woodrow Wilson let them back in 1913 and we immediately went to WAR ..thats what the Federal Reserve does to put Governments in DEBT…If we go into a Depression its the FEDS FAULT ..no one else !
Posted by Mr.Copper
@ 20:35 on November 1, 2018
Bar and coin demand jumped 28% to 298.1t as retail investors took advantage of the lower gold price and sought protection against currency weakness and tumbling stock markets. Jewellery demand rose 6% in Q3 as lower prices caught consumers’ attention. A growing number of central bank buyers saw demand in this sector rise 22% y-o-y to 148.4t, the highest level of quarterly net purchases since 2015. Technology registered its eighth consecutive quarter of y-o-y growth, up 1%. Sharp outflows in gold-backed ETFs offset growth across much of the gold market.
WORLD GOLD COUNCIL:
https://www.gold.org/research/gold-demand-trends/gold-demand-trends-q3-2018
Comment: Plenty to read on the link. Sounds like the paper buyers bailing out caused outflows, but lower prices finally attracted physical buyers. They should have NEVER created those artificial paper markets. They make it too easy for people to make believe they bought something, and too easy to sell something they don’t even have. Its like short selling.
Meanwhile the managers of those ETFs, have to do the physical loading and unloading for all the willy nilly instant buy and sell orders. Normally, physical buyers buy and hold for safety and long term. Who in their right mind would go in and out, buy and sell physical? So, in a sense the managers of ETFs are trading in and out physical. Its all dumb. I suspect the ETS cause the extreme highs and lows.
Posted by silverngold
@ 19:30 on November 1, 2018
IMO Stefan covers every aspect of this crisis and does so looking at it from every angle. My conclusion is: it’s a mess!!
Posted by ipso facto
@ 17:58 on November 1, 2018
Apple Tumbles On Soft Guidance, iPhone Sales Miss; To Stop iPhone Unit Sales Data
Update: AAPL shares were already tumbling after hours on weak guidance and iPhone sales miss, when during the earnings call the stock was rocked lower when the company shocked investors with news that said it would stop providing unit sales numbers for iPhone, iPad and Mac.
While CFO Lucas Maestri “explained” on the earnings call that unit sales do not represent clear indication of a performance of the company and are less relevant, investors clearly disagreed and punished the stock, sending it back under the much discussed $1 trillion market cap.
https://www.zerohedge.com/news/2018-11-01/apple-slides-soft-guidance-iphone-sales-miss
Posted by Richard640
@ 16:27 on November 1, 2018
If gold is down–just a few bucks tomorrow–the premiums will collapse-So I closed them out…
Filled Sell to Close 200 JNUG Nov 09 2018 8.5 Call Limit 0.27 — — 13:36 11/01/18ti
Posted by Maddog
@ 15:44 on November 1, 2018
UUP versus DXY…DXY is an index of 6 currencies, largest of which is 58% Euro and 14 % Yen….whereas the UUP is an ETF and has only 50.4 $ Dollar index futures and the rest 10.9 % T Bills. 7.6 Investco Treasury ETF !!!! and God knows what else.Then subtract all the charges…wheras DXY has none…so over time they must diverge.
No way does it mimic the DXY 100 % it never can.
https://www.investopedia.com/terms/u/usdx.asp
https://finance.yahoo.com/quote/UUP?p=UUP&.tsrc=fin-srch
Posted by silverngold
@ 14:45 on November 1, 2018
Pretty important “heads up” in this one!
https://youtu.be/64Ros4hmzYw
Posted by Ororeef
@ 14:07 on November 1, 2018
Posted by Ororeef
@ 13:59 on November 1, 2018
Posted by ipso facto
@ 13:55 on November 1, 2018
I’ve never bought an ETF. They may indeed be a dishonest factor in the PM market and maybe others as well. I have plenty of risk already in my PF.
Why would someone buy GLD rather than just coins? I guess it’s easier but it sure doesn’t make any sense to me!
Posted by Ororeef
@ 13:42 on November 1, 2018
The implication is if this ETF dosent do what its ” sold as ” how bout the rest of them ? ETF’s may have a lot more risk than the public has been led to believe .If an ETF starts to move in a different direction than its promoters led the Public to believe it would …THATS A BIG DEAL ! This one was supposed to track the DOLLAR and it hasent in 2018 and investers are BAILING OUT ! WATCH OUT ! , WHY ?
The ETF suggested a Dollar TOP ,but that didnt happen ,whats going on…?
Posted by ipso facto
@ 13:31 on November 1, 2018
I’m not real familiar with that UUP fund but you’d think it would follow what the dollar is doing? Have the movers and shakers found another avenue to rip people off? Could be …
PS So … was that the dollar top last night?
Posted by Moggy
@ 12:59 on November 1, 2018
Posted by Richard640
@ 12:50 on November 1, 2018
“Not For Them To Know” – Project Veritas Catches Andrew Gillum Campaign Staffer In Racist Slur
Florida Democratic gubernatorial candidate Andrew Gillum is the latest to be stung by a Project Veritas undercover video. A video released on Thursday shows a campaign staffer they identify as Omar Smith using a racial slur and saying the candidate makes promises he knows he can’t keep.
“It’s a cracker state,” Smith stated.
“Get it? Ask anybody outside of here. You go Port St. Lucie, Orlando … man them crackers ain’t gonna let us do that sh*t dawg. Boy, you crazy?”
He went on, saying, “Gillum is a progressive. He is a part of the crazy, crazy, crazies.”
Then the undercover reporter asked how Gillum plans to pay for many of his campaign promises, Smith said he couldn’t.
“That’s not for them to know … That’s not for [the voters] to know. Remember our saying, modern-day fairy tales start with ‘once I am elected.’”
Gillum is in a very tight race against Republican Rep. Ron DeSantis. According to an Ipsos Public Affairs poll released on Tuesday, Gillum is up six points.
President Donald Trump has waded into this race calling Gillum “a thief,” because the Tallahassee mayor has reportedly been under investigation by the FBI.
Project Veritas has also recently released videos on midterm election candidates Phil Bredesen and Sen. Claire McCaskill. The Daily Caller was unable to independently verify the video.
Posted by Richard640
@ 12:45 on November 1, 2018
I think there was a long stall like this before–then the last leg up tp a $35 gain kicked in…the big fake out today would be a big up day tomorrow
Posted by Richard640
@ 12:42 on November 1, 2018
about trade talks progressing nicely was a great staged event by his handlers–I will now drop my idea of a directional mkt bet during Tuesdays session…If stocks keep going up into Tuesday, I think the repubs hold both houses…the rally the morning after may be a good risk/reward short.
Posted by Ororeef
@ 12:20 on November 1, 2018
Posted by Ororeef
@ 11:39 on November 1, 2018
It showed up last night ! in the UUP Dollar Fund !
The $USD and the UUP are not talking the same languague !
Apparently the UUP is Futures based and $USD is cash ? (BASIS) ? Im not a currency trader !
“(In ETF terms, that performance can be seen in a fund like the PowerShares DB US Dollar Index Bullish Fund (UUP), the biggest dollar-tracking ETF, with $545 million in assets.
The fund goes long the U.S. dollar and shorts the currencies of major U.S. trading partners. The portfolio should go up when the dollar goes up. In 2017, UUP has slid nearly as much as the dollar, and investors have now yanked some $265 million from the fund this year.)”
Posted by ipso facto
@ 10:56 on November 1, 2018
Posted by ipso facto
@ 10:50 on November 1, 2018
It’s Ok with me if we see less byproduct silver come to market and like you say a “probability” if the SM goes down the tubes. Eventually the silver rig will end … let’s hope it’s sooner than later!
Cheers
Posted by Richard640
@ 10:36 on November 1, 2018
could be down 3 handles and gold wouldn’t gain more that 5 bucks if stocks were plunging…
funny thing…despite the “calm” in stocks they are buying bonds today–not by much–but still green–that shows distrust of the stock rally
http://futures.tradingcharts.com/marketquotes/ZN.html
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