Do aliens Reside on Earth in the Guise of Human Beings?
Total Voters: 31
Loading ...I seem to be tripping all over myself with trying to post today but it is all me. Wanted to say thanks again for your post from the lurker about the canine de-wormer for cancer, fenbendazole. That post might just save a lot of people. I have kept it just in case.
We haven’t had a fundraiser since Wanka’s passing so it’s getting to be that time.
Weston our IT guy will be giving Ipso a bill in the next few days for the damage to keep the site going.
I know a lot of us have been brutalized over the years, some others like R640 are just damn good traders.
Hopefully we can all band together and make things work.
We’ll let you know what it will take and where to make the donations. Thanks all.
Yikes – yes, gold ran from 2009 to 2011 but then fell off a cliff while the stock market continued to run for 10 years.
They put a lot of silly wabbits on CNBS.
On CNBCs “Closing Bell” program just now, an anchoress asked if rising gold worried stock traders…one of the guests said no cause in the beginning years [from 2009] of this stock bull run gold was rising too…
It seemed like a great gamble. I’m a newbie when it comes to options but was surprised to see the thing has gone positive today already still below $ 5 bucks. Wasn’t expecting that until CDE got closer to 5.
A key point to make at this juncture is that the latest COTs for gold looked bearish because there was an explosion in Commercial short and Large Spec long positions to an at least 1-year peak, which many are taking to mean that gold will fail again at the big resistance at the upper boundary of its huge base pattern. But what may instead happen this time is that gold breaks out anyway, perhaps after backing off a little first, and rockets higher, with positions ballooning to well off the scale levels, which would hardly be surprising since if gold breaks out above $1400 a huge number of investors and traders will come down off the fence and pile in. When they have reached wild extremes on a spike, then we will see a correction or at least a consolidation before the next upwave starts. We have learnt from a mistake made early in 2016 when we called the end to the strong rally in progress then off the lows of the giant complex Head-and-Shoulders pattern too early due to high Commercial short and Large Sec long positions.
Hey Warren good to see you!
Wot a day!
Wow, there was a big gap back to just after lunch and now it is full of posts. It must be me.
Wollie thinks gold’s going to the moon…Hedging is expensive…guess I’ll just sit it out…got a nice $15.7K gain today…but I don’t wanna be a pisher…I wanna go for the Big Casino…just in case gold and stock mkt go into a mania…gold doing a BitCoin? Sure…why not?
I’ll look at some JNUG puts oughta be cheap after today–i wanna check the volume of put buying though–if it’s heavy, I may pass…s
Look, I’m no Polyanna…I’m worried aplenty…but all of us have been waiting for the “big one” and there’s a good chance this is it…so I must give gold a chance …makes sense?
Re Tudor Jones
He started out working for Dean Witter on the New York commodity floor, might have been in Cotton…..he was always getting into trouble, because he spent too much time studying his charts/systems and not enough doing his job….but eventualy DW funded him and the rest is history.
until proven differently…didn’t u see my earlier post?=
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Wow. Rocket ship possibility!
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Goldi, you are not one of those are you…seems there are a lot of em on this forum and on Rambus’s forum…and that’s a good thing…we love and we need the bears/skeptics to keep this going…
one of the worlds most respected investors/market movers and shakers–the wise, the venerable, the billionaire, Paul Tudor Jones…I’ll listen to him, thanks, all the same…not saying he’ll be right but I’ll listen attentively…
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Paul Tudor Jones II (born September 28, 1954) is an American investor, hedge fund manager, and philanthropist. In 1980, he founded his hedge fund, Tudor Investment Corporation, an asset management firm headquartered in Greenwich, Connecticut.[2] Soon after, he created the Tudor Group, a hedge fund holding company that specializes in fixed income, currencies, equities, and commodities.
As of February 2017, Forbes Magazine estimated his net worth to be US$4.7 billion, making him the 120th richest person on the Forbes 400 and the 22nd highest-earning hedge fund manager.[3] He is known for his large-scale philanthropy and, eight years after founding his hedge fund, he founded the Robin Hood Foundation, which focuses on poverty reduction.
Gold chart looks crazy today. Make me cross eyed looking at it.
Watch out for these hyper bulls that were bearish a couple of weeks ago suddenly calling for 1700 or more gold. They’ll probably be selling while they have you buying at the top. Like that old saying pigs get slaughtered. Poor Wilbur. Hope not.
Checked the chart and PO just went up to almost 20 now. Last time it was just short of the PO but I’d stay on the safe side or watch close IMO. They might try to fill the gap tomorrow but if the don’t !!!??? First PO was 14 before gold finally broke through support.
If they are leaning on all the precious but not having any effect on our studs, thinking that is a good sign. I can’t see the point in massaging Pt and Pd down and leave the others alone. Most people don’t even recognize them as the precious.
They are also in there trying to keep stocks from rolling over…I’ll be very surprised if they can really turn todays rally…might as well have a test now rather than later…let’s get it over with…Quad witch games have started?
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The HUI’s on its high and the stocks I follow haven’t pulled back yet…we’ll see.
WHOA!! THE $ HAD BEEN RECOVERING BUT LOOKS TO HAVE JUST MADE A NEW DAYS LOW
u still can get the july 19th 2 buck options all day long for a dime and the augs for 10/15…probably 15 but last trade was a dime
https://finance.yahoo.com/quote/CDE?p=CDE&.tsrc=fin-srch
WHOA! Gold’s making its move for last nights high of 1397…up 45.50 just now…Nu? So where are the big scary commercials and the PPT/Cabal….?
I think my idea that gold willreally accelerate if stocks sell off may be right…cause stocks ARE selling down…no waterfall yet but down nevertheless.
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looks like 1400 could get taken out today then Paul Tudors’ “qick trip” to 1700 comes intp play…
This is from a friend from another forum=
The previous gold bull market had a chronically high (there’s a marijuana pun here, isn’t there…) commercial short position, but remember that those numbers are an aggregation of positions and tell nothing about who is holding them. Traders are always rotating in and out of positions, so some who were short last week may be out or long this week and vice-versa. In a bull market where investor demand for bullion is rising, dealers would have to increase their paper short positions to offset any inventory they are building up to meet customer demand. Producers bringing more ore into production or stockpiling more production would also be increasing their short positions to hedge that. The floor and ceiling for commercial shorts as a gauge to predict short-term direction will be higher if PMs go into a solid uptrend.
we had a day quite like this.
2009? 2002?
If this is going to be an extended rally, there are an awful lot of juniors that are still ridiculously cheap.
Why isn’t the scum beating us like a drum right now?
Even odds …