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Your very thorough in lining up the numbers. Good charts. When I woke up due to catching a cold from helping people with colds and COVID caused me trouble breathing. Like Wanka had. Anyways it’s good timing. I saw a long tail down on silver that didn’t quite hit 4k but close.
You might have a point about the shorts. They may have seen a technical set up in they were setting up lol or helping a long that then could set a technical sell signal then they have these Aglos automatic computer trading going off and then the auto stops. I heard the market makers can see them. I almost bought but decided not yet. I already bought three times this month including the Kirk but bout over 4K of gold and silver. I try to avoid one ounce gold because after a certain amount of I went to sell it if it goes to the higher numbers it will trigger tax papers. It cost more that way though.
Pento: Says we’re gonna have a protracted stagflation “Pm bullish” and when a bond crisis starts that happens he’s getting out of the market and short. . Says posted 8 hrs ago. Said weak hand sold yesterday. We have multi.bubbles. equities could take decades to recoup.to the expected crash. Even Buffett is gone to cash. Maybe that’s what he may have been talking about but why did he single out only one sector when he went to cash to buy equities at a lower price. But crash of 2020 think it was during that crash he bought Barrick gold.
I agree with you both there is something fishy with this move…..where did all those longs come from who sold, no CB’s sold and they are the biggest buyers by far, no serious funds sold on the first set back in weeks/months, it had to be punters who came in late, with close stops. actual or mental….but no way did enough of them come in to provide the volume….Friday Ag Crimex 195 K, Monday 111 K and ystdy 171 K, which says punters had bought nearly 5 times world production, which they dumped in 3 days…… Note Fridays Vol is greater than either Monday or Tuesday, so it took that much selling to stop the bull run….Obviously not every seller is a new short, but it looks like a hell of a lot were.
The only people that trade that Vol are the mega funds, so either they saw a perfect set up and shorted multiple times world production …maybe 3 or more times….why do that in a mkt that despite what they say is still in a back….London is still a 1 dollar premium, on cash…..as you run the risk of having buyers not being bullied out and puking their longs , but saying thankyou…do you have any more , because I want a lot more .
I suggest you only take those risks, when you have grown arrogant, shorting PM mkts, with the scum to back you up…but the scum aren’t there anymore….My guess is this raid is to try and get some huge shorts out….and wouldn’t it be fun if one of them was Soros.
Cash was trading @ 48.5 when Crimex settled Oct 47.45
Something’s up and I don’t think it’s the Fed I think it’s the government and involved or influence it. Even now the never ending rise in debt the left wants to throw their money on illegals.
The left and party of slave drivers may be some of the right think that growth is tied to slavery, hiring migrants for hard work for low pay to make the business owners rich off the backs of other who stay poor instead of being less greedy and paying better wages for these jobs. They never learn.
They can’t think beyond what they were taught and if it is even moral. If they can’t afford to pay them for their hard work they don’t deserve them then it gets attached to the debt to supplement the low income. How does that even make sense. It’s like chasing their tails. Climbing debt bring in more migrants that accumulate more debt, burdens in schools hospitals, and neighborhood and crime with it. Oh hey let’s get more. That’s their answer???!!! Debt in war another one of the biggest debts but instead of preventing war they join in more wars. Until we get in better thinkers this economic death cycle won’t end well.
I can’t help thinking about that Buffet video. He is looking like a prophet.
Like I said earlier, the words he spoke struck a logical chord, but the same words could be said about any market.
The question everyone needs to wrestle with comes down to this – Is the PM market a manipulated market …. Or not? I believe this was a set up of the first degree. Very coordinated in all ways
Warren’s Dad was a Gold Guy – but Warren – DEFINITELY not ! A smart guy – yes. But, a globalist/me-guy in sheep’s clothing.
I suspect that Warren was involved in the video, or at least gave his ok. The “Ai Altered Warning” (which I have NEVER seen before) was to give him an out. He has a HUGE following of disciples that hang on his every word. The anti-gold crowd was pulling out all the stops to derail was could have been a runaway freight….. and it has worked … so far.
Like I mentioned earlier, at exactly 9;30 on the open, a huge volume bar on all my stocks and on GLD and SLV. Maybe they all went short selling everything all at the same time to start a panic situation. Also maybe all the news mentioning all the al time AU and AG highs brought in a lot of short sellers.
Since most put like 7 percent or 10 percent stop loss I think there gonna take out their stops. If this was a broad market sell off for the reasons they give which don’t add up I can’t help thinking this is a shake out before the next move up. People say it’s time for a pause. Lol well here it is.
Maybe, they’re gonna try to shake the tree hard enough hoping to knock off as many people as they can maybe even breaching below 4K for a minute. So hold on or not your choice.
Selling coins. If I was gonna sell, I’d sell what I already had not buy more or give it away. I’m not going to wait till I’m dead to pass it on. That way I know ahead of time at least some of it went where I wanted it to go.
Buygold, I guess I’d have a headache too if I saw the drop in gold today. I don’t know what’s worse seeing it happen or all at once. When your not trading. They’re blaming it on the Fed. I could expect a reaction to the Fed but if it was the Fed why didn’t the market go with it! The economy didn’t suddenly get better.
Nothing quite like a pm share selloff. Timing of it sucks too because now you have a whole bunch of people who bought and are underwater that might be looking at tax loss selling unless it recovers quickly, which it won’t. The scum knows what they’re doing.
Including those who saw this before or just observing some fundamentals like preventing war. One fundamental that demand could be changing toward metals and rare earths just not over night. There was some talk I don’t know how true it is and haven’t looked into it is that Ukraine doesn’t have the rare earths that Zekenski claims but Russia might. That Trump wants to make a deal with Russia. I’ll consider that to be rumors for now.
It would take a consistent moves up starting tomorrow to move out of the downtrend in silver but less you have tight stops to buy after, still on track of moves higher but would have to pull out of the bearish candies. Have to watch slow play trickery.
I remember telling you of all their charges with C Kirk coins or that I bought them for his family if there was truth in that claim and don’t know why you could think thats all I ever bought..just not there. Prices jumped quickly elsewhere. They do that and try to factor in near term gains. Gains for themselves in a bull run or stop selling them like the junk coin rolls because of refining issues can’t jack their prices up so will hold them.
Maddog, I agree. Something there says is Warren worried about money moving out of his shares to commodities? It is a competing factor and at a time bankers can’t manipulate the price down so easy.
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