Yes, I think of the algorithms as a “Terminator” of sorts. The technology just gets better, and it gets harder to stop…….
I have emailed quite a few investor relations/CEO’s ( of mining companies that I have shares in), and not once have I ever heard any of them mention that this kind of suppression/manipulation exists.
These algorithms are relentless.
Wall Street Mav
@WallStreetMav
Be Islamophobic to save America.
prices have barely moved on a big scale, yet we still have sellers to cap the mkt and try to bear it….who else would sell here. The only longs are the diehard bulls and no way will they sell on this meagre rally, no-one else is long these mkts…so the sellers have to be shorts still adding…..
These shares really look good right now. Hoping the momo guys wake up to it.
Shares indicating just might be.
Let’s go!
“cup and handle” I guess we’ll see if it resolves to the target. Nice to see some healthy gains! 🙂
the rush should become a stampede….well that’s the idea…..so giddy up !!!!
seems the Algo’s that have to sell any gap up opening, are going flat out…..hopefully they get stomped…..
rates are coming back, strengthening the dollar a bit. Hopefully that comes to a halt.
They have been relentlessly selling SLV since the open. The bulls need to make a stand. The silver shares are getting nervous already.
They keep chipping away at the metals, especially silver, but the shares aren’t giving up ground. Hopefully that means the metals have more strength as the day grinds on. I still hate seeing silver take such a big hit. Apparently, there were a lot of sell orders at $65.
is that a humongous cup & handle i see forming ??
Silver doesn’t respect anything and never behaves…..
Scum arrived at the usual appointed time. Silver is their biggest target.
We’re about to find out what they got. Hopefully bulls keep them at bay, but a big hit already. Unreal.
Shares not giving up much though, hopefully a good sign.
Katusa Research
@KatusaResearch
·
18h
You’re not paying enough attention to copper.
A new record high today
Sqeaky Mouse
@TheSqeakyMouse
Silver is currently showing one of the best entries of the decade on a long term investment. A retest of a 45 year breakout is likely going to hold some significance.
July Jobs Shock: US Lost 23K Workers, Below Lowest Estimate, As Unemp Rate Drops To 4.1%
I guess the numbers were favorable. Trump needs rates to ease big time. Our economy needs it. No way the debt can sustain these higher rates, he needs them back at zero. The dollar is dumping.
I’m so glad this is working out. Very unusual for a jobs report day.
Hopefully the Adens have it right!
So much for working to get through the 50 day moving average… I guess no one told Silver to respect it….
Look at rates go…….short end have dropped nearly 2 % in price,,the 2′ and 5’s …10’s near 1.5%
Gold continuing to climb, now up $84, silver has settled in though, up $2.50. Dollar still flat, rates down slightly, oil down $.50, the SM futures positive and creeping higher.
The estimate for the jobs report is 90k, pretty low bar. Last month was a disastrous 48k.
I hate this setup as a pm bull, just because we’ve seen them run the tables on our metals so many times before after a jobs report. If numbers beat or even meet expectations, I suspect they’ll try to run them again. Old wounds will be reopened. If they miss, maybe we’ll have game. I don’t know.
The shares look great premarket. Let’s hope this pans out.
Only if something’s wrong. Let me get out my list.
Chomping at the bit?
I’ll play the part of spectator for now. 🙂
6 hours before the US SM open, a jobs report in the way. I always get a bit nervous when we get a spike in the metals prior to a report because we’ve seen them reverse these many times before. The metals are moving up on their own tonight, dollar, rates, SM and oil are all flat.
What a time to be alive.