Loading ...there and below to frustrate a real sell off……What price will those shorts end up paying…..
Ps that election in Holland where a Globalist/WEF stooge may have won, means Holland will do zilch to solve it’s debt and gimmiegrant problem……
Maddog @ 6:05
Yes the interventions in all the markets are staggering … there is no way this turns out well in the end … I sincerely hope the public grows a pair at some point and gets rid of the bums.
In the PMs so called market … gold sees open interest spoofing every day now … 12,000+ in preliminary numbers down to zippity-doo-dah (155) in the final tally … yet again.
Gold Futures Volume & Open Interest – CME Group
Gold looks like a shoe in to finish above the large round number at $4,000, but silver won’t make $50 by the looks of things.
I think they have one more down draft in November if the broads swoon but what do I know.
I’m a perma-bull normally – whatever that means.
Cheers
Peachy
Oil Spikes On Reports US Military Attacks On Venezuela Imminent, Just ‘Hours’ Or ‘Days’ Away
“It sounds like it will be a full regime change operation, with a ‘friendly’ pro-US opposition leader likely to be installed into power – such as the latest Nobel Peace Prize winner María Corina Machado, who just in a non-peaceful manner warned Maduro that “his time is up”, after repeatedly calling on Trump for some kind of intervention in her country.”
Kamala Harris wants to lower the voting age to 16.
On account of the “Climate Crisis.” LOL 🙂
Mark
@Mark_IKN
·
53m
After chewing the $FRES.l and $PRB.to deal over with a couple of ppl:
• $AEM will not like the idea of Mexico moving on “its territory”
• Deal terms/break fees leave the door open for a counterbid
• We know the size of the AEM war chest
Ball’s your side of the court, Agnico
Mark
@Mark_IKN
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Fresnillo to Acquire Probe Gold for C$780 Million
https://finance.yahoo.com/news/fresnillo-acquire-probe-gold-c-070000090.html
39% Premium, not so bad.
Maddog @ 6:05
Nice to see the HUI/Gold chart getting frisky. Soon to tell the tale!
Morning Buygold
What would be one hell of a close and make for very nervous shorts ,would be Gold above $ 4050 and Ag above $ 50. to end the month……
but the way it keeps bouncing here, I would suggest the shorts , if they weren’t just machines, are very nervous.
Morning maddog
100% right. We were sailing along about an hour or so ago, when all of a sudden they came in with some carpet bombing with the sole purpose of driving prices down below those round numbers at $4K and $49. I suspect this is just one of many we will see today.
At the same time, the QQQ’s are roaring back because they cannot finish the week down after the Fed has done a rate cut. The funny thing is that the rate cuts have done nothing to rates. The 10 yr. is up 10 bips to 4.1% since they did their cut. If I’m not mistaken, rates have been cut 1.5% since the attempted Biden save at the end of last year, yet bond have not rallied.
The Fed, just like the dollar, is becoming irrelevant.
Daily manipulations are the only thing they have left.
Watching from afar….while on the road, it is bloody obvious ‘someone’, wants Au sub $ 4000 for month end
and sub $49 Silver or lower……which means that a very good chunk of all this selling is not what you call natural …this is not long liquidation, it is tape painting….Which also says, someone is short and needs prices down, to get out.
The constant weakness in the shares also says there are shorts there….which if long AU may well have treated the recent share rally as just another bear mkt rally to short.
The venom from many spiders is used in homeopathic remedies.
The funnel webs are aggressive spiders. They will attack you if disturbed rather than running for cover. The webs are woven in holes, hence a funnel shaped web, to alert them to prey. So they also like to live under timber houses (which is where I met one) where there are plenty of cracks and crevices suitable for a web, without the effort of digging a burrow.