Loading ...now they have to push them lower….as they have not caused early selling…just buying…same in metals..so far buyers are there….it’s the scum versus the whole world.
Jobs Report beat
1.76 Million vs. estimates of 1.43 Million
USD up.
If there was a chance for them to pound the metals, this is their opportunity, but whoever is short especially silver seems a lot more concerned about covering than pushing prices down further.
Gold was down $13, now flat, silver was down a buck, now only $.18
Shorts getting crushed yet again.
buygold
the lousy earnings in First must have been leaked, as it traded v badly for last two days…..it will serve them right if Silver now goes bonkers up, before the SM opens…..
Oh Boy just as I spoke the beast lit the afterburners and jumped 60 cents…..holy cow….!!!!
basically I don’t believe Kitco charts
They’re always shit. Gold hit $2089.20 last night not $2060 something. Who you gonna trust Ameritrade Think or Swim or the morons at Kitco. I ignore kitco and can hardly stomach even going to their site. Kitco is an arm of the cabal
First Majestic earnings were pretty horrible
OTOH, Neumeyer was genius to stock up the metal and hold for higher prices and will be a nice boost to Q3 earnings – $25 Million
I’ll buy more if the stock takes a serious hit.
Morning Alex
Yeah, in the after hours yesterday silver almost got to $30 before coming back to flat. Maybe that’s the big reversal everyone’s been waiting for to take some air out and correct for a bit. Who knows?
Jobs report today, usually play time for the banksters with the metals.
Large disconnect in POG around midnight EDT !
In the Kitco 3 day chart below , The spot bid at a few minutes to midnight was in the neighborhood of $2060 (in red), but a few minutes after midnight the bid is suddenly around $2050 . Another waterfall event , as we have seen so often over the years .
Er can’t say we wern’t warned….two days sitting on the shares and now the metals get it
but they have had to let the SM go……breaking the natural arb between the SM and PM’s, so the PM’s algos track the SM, is now a big problem.
