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Alacer Gold Declares Commercial Production at the Çöpler Sulfide Plant and Increases Oxide Production Guidance
https://ceo.ca/@nasdaq/alacer-gold-declares-commercial-production-at-the-pler
Buygold
“Israel”
Yeah that makes more sense than most other possibilities. I guess it could have been Iran, not officially sanctioned but some rogue elements. The Saudi’s and Israeli’s have big smiles on their faces today. Cui Bono? Not Iran I think.
PS The Iranian navy has submarines too.
“These eight ships are supported by three Russian built, SSK Kilo-class attack submarines and Ghadir and Nahang-class mini submarines.[7][8][9][10] ”
Ipso
So, the Iranians are in Japan meeting with the Japanese PM.
Doesn’t make a whole lot of sense that they would attack Japanese oil tankers does it?
If those torpedoes don’t have Bolton or Pompeo’s name on them they surely have Netanyahu’s. Israel does have submarines.
R6
Well, I don’t think anyone on ZH who’s been in the gold market for any length of time could put up any argument as to how foolish it has been. In fact, as you mentioned in your post, there are several people on this board alone that have had to come out of retirement and gone back to work or had to endure dramatic lifestyle changes after suffering the “horrific” losses you mentioned. Myself included.
To me, it’s not really all that funny, but different strokes.
I know that your forte’ is trading professionally and I’ve always sort of believed you been posting here more as a means of gauging sentiment for your trades rather than as a goldbug. Not everyone who posts here is a goldbug.
Anyhoo – Current Standings:
Buddha – 2 -0 – 1
Gartman – 1 – 1 – 1
Maddog @ 3:29
“Tanker attack”
That’s some pretty serious business. I pray that those mines or torpedoes don’t have Bolton and Pompeo’s names on them.
Paul Tudor Jones throws his hat in the ring.
Since the top in gold in 2011, a number of prominent money managers/traders have dared to issue calls for an immenent bull run for gold…all of them were wrong and judiciously never mentioned the subject again…so now Paul Tudor Jones steps up to the plate…I am always glad to see a bull call on gold coming from establishment guys like Gundlach and Jones rather than the perma-bull gold sites like Sprott and his ilk…best of luck to you Paul!
And unlike many of his peers, PTJ was humble in his predictions of the future: “I don’t know what the long-run consequences will be,” he added. “The consequences will be slower-moving than many people anticipate.”
What was more interesting, besides his bland reco of all dovish trades that have worked in the past during an easing cycle, was his discussion of what he views as best trade over the next year to two years: gold
************************************************************.
“The best trade is going to be gold. If I have to pick my favorite for the next 12-24 months it probably would be gold. I think gold goes beyond $1,400… it goes to $1,700 rather quickly. It has everything going for it in a world where rates are conceivably going to zero in the United States.”
Could Italy’s Mini-BOT Trojan Horse Blow Up The Eurozone?
https://www.zerohedge.com/news/2019-06-12/could-italys-mini-bot-trojan-horse-blow-eurozone
Italy and Brussels are on a collision course…..one day Italy will leave the EU..
Richard Lol
Yep put a name on it. Professor Jung told me.lol Had to look this up.
Jnug
Posted by goldielocks @ 18:52 on December 19, 2018 -edit-
Looks like Jung held the pattern. Acutually looks like a 14 po long for now.
Richard
Posted by goldielocks @ 2:17 on December 19, 2018 -edit-
Got gold fever. I don’t trust those stocks but for now IMO look for Jung at 12 maybe higher but to be safe 12.00 po then watch out. One are volatile don’t have to tell you. Fed will be fighting all the way. Dollar stocks a hedge.
Arch Crawford like the gold has a war call after 13th
Larry mentioned Arch has a 80% track record on war calls
25 mins in
Well shux R640. That’s an interesting thing to post on ZH. I guess I’m not completely surprised. Good for you.
GOLD HA-HA-HA!!
I’VE BEEN IN STOCKS SINCE 1982 AND AM COMFORTABLY SET FOR THE RIGORS OF OLD AGE
ALL MY GOLD BUG FRIENDS HAVE HAD HORRIFIC LOSSES…AND ARE STILL WORKING…I BOUGHT PRICELINE. AT $2–SOLD IT AT 700–IT WENT TO 2400…A HELLUVA LOT BETTER THAN THEIR SILVER ROUNDS AND GOLD EAGLES…B’WAH-HA-HA-HA-!!
Hong Kong
Ms Lam has clearly sold out to the Communists..what a traitor to freedom ,betrayal of freedom loving people of HongKong .Spoiled Brat has no idea what what her fore bearers endured so she can act so stupidly LIBERAL …The most successful place in the World betrayed by a LIBERAL !
Goldi–so u have a 12 to 14 buck target on Professor Carl Gustav Jung M.D.? How did u arrive at that?
All in all an impressive day for gold stocks/etfs that outperformed the futures
3:37 pm-Impressive that gold has any gains what with the $ up .320
Richard 5:23
I was more optimistic last time as I mentioned after Jnug I keep spelling Jung to remember it hits 12 watch out. Then possible 14 but for sure 12. Now the market is politically skizo and don’t have enough time to watch it. I’m glad you do more power to us as group. Just thought I’d verify but watch it lol
and here they come
USD coming back, SM coming back, pm’s drifting lower
HUI got a little too frisky when the RSI got above 70
D-Day–It’s always something=the trannies are up 38–they’ve been up all day…
Pretty good action so far…and the $ index is up .125…but it’s the usual crap–at 5:30 am gold was up $10–now it’s up 8.70….gold always has to claw it’s way up….but it goes down on the express elevators….reminds me of climbing the cliffs on D-Day under withering machine gun fire.