Posted by Buygold
@ 18:05 on June 20, 2019
We’ll see what’s required when Weston gets the bill to Ipso and how we’ll handle payment.
Wanka always handled things in the past.
Posted by treefrog
@ 17:57 on June 20, 2019
send me a snailmail address. i don’t do plastic.
my handle
at
nettally
dot
com
Posted by goldielocks
@ 17:50 on June 20, 2019
You keep track of these traders so thanks for the information if I ever see any of his post. However I’ll stand with caution and a potential for 1450-1510 ish potential long less we have all out war or some reason like that. I’m glad he’s bullish and would be nice to see though but I’m not getting starry eyed.
Posted by Richard640
@ 17:48 on June 20, 2019
Posted by Richard640
@ 17:43 on June 20, 2019
Remember 2017 and 2018…how stocks went up day after day after day?? Sure there were a few correction but then back to the daily grind higher…AND NO ONE was on TV pulling ttheir hair out and panicking about high RSIs? Yes, after a while, there was concern shown about the drop in volatility…but short sharp corrections came and reset the vol…so why the RSI panic after one big day in gold…yeah, we’ll have a short pullback…go sideways a few days and then up again…that’s how it seems to me.
Posted by Richard640
@ 17:36 on June 20, 2019
it dropped to 2.80…them I bought 500 of the $4 calls at 15 a copy–they traded last at 50…u should be ok with the $5s, though…WOW! I didn’t even check the 5s…I paid. a dime for em and last trade was 22…I hope u feel better–u paid a dime or did u pay more? Silver and gold got a lonnnnnnng way to go and they will make a huge move in. a month or two….no 3-4-5 yr clawing up the mountain this time…a full blown mania is about to manifest itself…JMO–DYOD…TOO MUCH HAS CHANGED…Modern Monetary Theory is now the openly confessed policy of many of the worlds governments and the $ will be slowly sinking [not disappearing] below the horizon
we will see nose blee levels…the higher mkts go the higher the fear…don’t get caught up in that…
Posted by Richard640
@ 17:24 on June 20, 2019
Posted by Warren
@ 17:12 on June 20, 2019
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.
Posted by Buygold
@ 16:49 on June 20, 2019
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.
Posted by Buygold
@ 16:40 on June 20, 2019
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.
Posted by Richard640
@ 16:29 on June 20, 2019
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…
Posted by Warren
@ 16:25 on June 20, 2019
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.
Posted by Richard640
@ 16:24 on June 20, 2019
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.
Posted by Richard640
@ 16:17 on June 20, 2019
Posted by ipso facto
@ 16:12 on June 20, 2019
Hey Warren good to see you!
Wot a day!
Posted by Warren
@ 16:08 on June 20, 2019
Wow, there was a big gap back to just after lunch and now it is full of posts. It must be me.
Posted by Richard640
@ 15:49 on June 20, 2019
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?
Posted by Richard640
@ 15:36 on June 20, 2019
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
Posted by Richard640
@ 15:29 on June 20, 2019
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?
Posted by Richard640
@ 15:25 on June 20, 2019
Posted by Maddog
@ 15:23 on June 20, 2019
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.
Posted by Richard640
@ 15:20 on June 20, 2019
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…
Posted by Richard640
@ 15:13 on June 20, 2019
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.
Posted by goldielocks
@ 14:51 on June 20, 2019
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.
Posted by goldielocks
@ 14:25 on June 20, 2019
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.