I have done some checking of message boards and so far, it appears most are interested in betting that gold will decline from here.
Wow. Rocket ship possibility!
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?
*******************************************
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.
*********************************************************
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 …
nothing but bears in it…could run a whole lot more.
I hope bubblevision wakes up @ $ 5K plus on Gold….
crickets
Sven Henrich
@NorthmanTrader
Fun historic fact:
Every single time the Fed cut rates when unemployment was below 4% a recession immediately ensued & unemployment shot to 6%-7%.
Again: Every. single. time.
1,087
7:52 AM – Jun 19, 2019
https://www.zerohedge.com/news/2019-06-20/theyre-right-it-different-time
They are … but we don’t want the spanking to turn into a full blown donnybrook … unless they force it of course.
One of the rules of diplomacy is to never put your opponent into a spot where they can’t back up. I’m not sure Trump has read that one.
Overload ?
Hack Attacks ?
Back online now 10:12
Those Camel Jockeys in Iran, are just begging for a spanking.
Lira Flash Crashes After Turkey Threatens US With Retaliation Against Any US Missile Sanctions
Hey! R640–stop micro-managing…everythings fine…go out and walk the dog…the forum will be just fine without u for a while…but not too long…snort!
I have done some checking of message boards and so far, it appears most are interested in betting that gold will decline from here.
Wow. Rocket ship possibility!
US Navy drone shot down by Iranian missile over Strait of Hormuz in ‘unprovoked attack,’ central command says
Maybe Wolanchuk and even old Clive Maund called it.
Gold at five year highs according to CNBS.
After all this time, I’m still conditioned to wait for the other shoe to drop and be prepared to be disappointed….