Loading ...GASL and GUSH charts are nearly duplicates.
likewise their inverse twins, GASX and DRIP
GASL
GASL has been outperforming natural gas futures. The weekly chart for GASL looks good after rising above the shorter term moving averages. Nary a fundamental reason to be long so it must be ready to rise.
rno
How Last Year Ended
Gold 1302.50
Silver 16.91
USD 92.30
S&P 2674
Oil WTI 60.09
Weird
I track USD action by tracking UUP the DXY fund. Today it was down 2%, but Kitco had the USD flat so I’m wondering if it has something to do with some fund distribution. Don’t own it so I haven’t really checked.
Pretty good day all around considering the Ten yr. was up a couple of ticks.
Shares were rockin’, wonder if we’ll get some follow thru? Guessing tomorrow is a half day in the SM?
Happy Holidays All
See you on the flip side.
Cheers
Richard 640
Has Sweden not yet considered closing their borders and start a mass deportation? Are they afraid they might get mad and do something like rape, rob, assault, murder, start fires and make bombs.. like they’re doing now.
R640
re Becky
100 %…
I thought u had to be 10 times leveraged, with Triple long Nasdaq ETF’s and short triple long Nasdaq ETF Puts to be employed by CNBC !!!!!!
@Merry Christmas and Happy Holidays To All Oasis Forum Folks
FROM: Spot Gold Futures Players, and all Gold Miners Stock Investors. And All Precious Metals Markets. 🙂 You All Deserve A Good Run After All The Obnoxious Dips We Went Thru.
Just got home=hui up 8 pts-!! stocks up–so is G&S warning about inflation at long last
cause it shore ain’t warning about Stawks…??
CNBC anchor Becky Quick countered with a “I’m 100% in equities. … You’re never going to make enough money if you have 40% of your money in bonds.”
he other day on CNBC, Andy Sieg, head of Merrill Lynch Wealth Management, admitted that his personal allocation to stocks was over 80%. Not to be outdone, CNBC anchor Becky Quick countered with a “I’m 100% in equities. … You’re never going to make enough money if you have 40% of your money in bonds.“
I am not trying to pick on Becky. She claims to have been 100% equities for quite some time. Maybe she has. If so, good for her as US stocks have been on quite the tear.
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However, I would like to point out that Becky was not bragging about this allocation at any time during the past decade. No, she has chosen December 2019 with the S&P 500 up more than 360% since the bottom to let us know about her over-allocation.
Herein lies my point. Just like this summer when bonds had already ripped 13 handles higher, market participants usually express this sort of arrogance at points when they feel confident. Extremely confident.
What do I take from this? It’s not the time to be reaching for exposure. I don’t need to know anything else except that CNBC anchors are competing with their guests about the size of their stock allocations.
Could we go higher? For sure. A good trader knows to never say never.
Is that the right bet? I don’t think so.
We all know that famous line from that rich-old-grandpa:
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I’ll leave it to you to decide if others seem greedy or fearful…
Thanks for reading,
Kevin Muir
the MacroTourist
Kevin Muir
the MacroTourist
deer79 @ 12:13
You bet!
I’m sure most of us would love to see a short squeeze in MUX. It’s got a long way to go to make up for it’s losses.
Nice to see today’s strength in the PM shares. HUI nearing a breakout on the 6 mos. Is Santa here?
Didn’t see this coming
Don’t know if this is a short squeeze or real buying but volume is strong in the shares, especially considering it’s two days before Christmas.
Maybe we won’t get a lump of coal after all.
Where’s Greta ??????
Iceland Buried in 30 foot Snowfall
https://www.theburningplatform.com/2019/12/21/iceland-buried-in-30-foot-snowfall/
WHILE THE SCUM IS AWAY…
…the markets will play!
hui’s rockin’ around the christmas tree
up six and a half bucks!!!
(edit: now seven… and running…)
deer79 @ 12:13
The shorts will get squeezed at some point, maybe after tax loss selling is over in the New Year.
Most don’t know MUX has 250 million ounces of silver reserves and the stars appear to finally be coming in line for silver.
MUX is good to go at some point.
Cheers
MUX
Ipso,
Thank you for posting daily news tidbits concerning pm companies.
What you posted regarding MUX is encouraging and makes sense by purely looking at their controlled mines as potential resources in the ground.
I just wanted to mention the fact that ( according to shortsqueeze.com- I have no affiliation with this site), the % of total shares outstanding that are “short” is a LARGE 20%. One would think that good news would conceivably get some of these “shorts” to cover, but we have seen, over the years, that doesn’t seem to happen in the Uber controlled PM industry.
NATO Secretary General Stoltenberg says alliance should seek better relations with Russia, signals willingness to meet with Putin
NATO should pursue dialogue and stronger relations with Moscow, Secretary General Jens Stoltenberg has said, declaring that he is open to meeting with the Russian president.
Stoltenberg told German news agency dpa that a summit with Putin is feasible if the “context is right.” He said that dialogue with Moscow was important, even though the alliance has a “difficult” relationship with Russia.
https://www.rt.com/news/476663-stoltenberg-nato-putin-meeting-russia/
Top 10 #Gold company deals announced this year by transaction value.
Top 10 #Gold company deals announced this year by transaction value.
Source: @SPGMarketIntel pic.twitter.com/LQogujd6Bw
— High Grade 🚜⚒🌎🇺🇸🇨🇦 (@EconomicAlpha) December 21, 2019
The left hates Israel and loves the “poor” Palestinians=Israel would become Sweden if they weren’t tough-Martial law needed here and in Sweden
and many other countries to deal with Islamist extremists-look at Israel and look at Syria and other Mosslem countries as they bomb each other into stone age conditions…
SWEDEN=In the first nine months of 2019, there were 97 explosions in Sweden. Even the BBC has noticed. A litany of horrors could be written about Sweden, with all the murders and rapes and knifings and so on, but just consider that there is an explosion just about every second day.
This raises the question: how do you have a civil war in this day and age? Having a civil war is aspirational, but is it achievable?
The population of Sweden is now 10.1 million, of which 8% are of the Islamist persuasion. The first question is, who owns the guns, and how many are there?
This site says civilians in Sweden are estimated to hold 2,296,000 guns, legally and illegally, of which about half are rifles. There is a big hunting tradition in Sweden. As of the year 2011, licenced firearms per 100 head of population was 6.5, and registered guns per 100 people was 18.9. So the average gun-owner has three of them.
The Swedish government is thinking along the same lines. They are currently trying to restrict weapons use by hunters. Magazines and ammunition are to be registered with the police and be kept apart from the weapons.
The Islamist elements have most of the hand grenades in civilian possession, principally the M75 hand grenade from the former Yugoslavia. Hand grenade attacks in Sweden peaked at 40 in 2016. The Islamists also have more explosives on hand. In the first nine months of 2019, there were 97 explosions in Sweden. Even the BBC has noticed. A litany of horrors could be written about Sweden, with all the murders and rapes and knifings and so on, but just consider that there is an explosion just about every second day.
The defense forces in Sweden have 139,180 firearms, and the police a further 38,000.
All in all, there are plenty of guns to go round to have a civil war with. This won’t be a brutish affair conducted with knives and sticks.
But how will it play out? A t the moment, the Islamists attack police stations, control no-go areas and enclaves, and are not sufficiently discouraged from these activities by the police. Public opinion is becoming less tolerant of the situation.
Killing some minions
Saudi Arabia Sentences Five To Death For Khashoggi Murder As MbS Aides Walk
Poll Results … Mostly No
Should Trump be impeached?
No (89%, 34 Votes)
Yes (11%, 4 Votes)
I don’t know (0%, 0 Votes)
Total Voters: 38
treefrog
He tweeted out too much traffic… his side crashed out.