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The most glaring for me is that they are not buying the $ index–it is down as ZI write a big .850 bps–remember in 2008 the nonsense about the $ shortage–the that foreigners were buying dollars
I know gold looks hopeless agains the PPT but I am convinced a TESLA type move–sometime soon– in gold cannot be ruled out.
TODAY I HAVE A VERY STRONG RL640 BUY SIGNAL–[they have not worked lately but here it is nonetheless]
JNUG is DOWN a yooge 8 bucks or 12% whilst crimex gold futures are UP 60 cents
The JNUG March 13 $50 call is $5.40—the $65 call is 3.40—now that’s with one lousy weeks’ time
the slv March 20 $16.50 call is .23