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…..
Maddog
These shares really look good right now. Hoping the momo guys wake up to it.
2nd wind?
Shares indicating just might be.
Let’s go!
treefrog @ 10:02
“cup and handle” I guess we’ll see if it resolves to the target. Nice to see some healthy gains! 🙂
Daily gains like this should wake a few up and when they see the shares have yet to even break above their base
the rush should become a stampede….well that’s the idea…..so giddy up !!!!
buygold
seems the Algo’s that have to sell any gap up opening, are going flat out…..hopefully they get stomped…..
maddog
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.
Interesting
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.
ipso, re 9:09
is that a humongous cup & handle i see forming ??
silver bullet
Silver doesn’t respect anything and never behaves…..
Not so fast
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.
Copper breaks out to new record high
Katusa Research
@KatusaResearch
·
18h
You’re not paying enough attention to copper.
A new record high today

Sqeaky Mouse
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.

Good for us
July Jobs Shock: US Lost 23K Workers, Below Lowest Estimate, As Unemp Rate Drops To 4.1%
Morning Maddog
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….
Buygold
Look at rates go…….short end have dropped nearly 2 % in price,,the 2′ and 5’s …10’s near 1.5%
The table is set
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.
Aufever lol
Only if something’s wrong. Let me get out my list.
What comes after frisky?
Chomping at the bit?
Lively conversation, lively metals tonight
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.
Frisky in UK today
Yes, gold and gold mining shares frisky at London opening today – also in Australia yesterday.
Should be fun in USA and Canada.
Buygold and All…..morning
Adens say decline over…65 week Av’s have held …..we rally in a parabolic move……ie explode….they say buy more
Our Precious metals
Are a little frisky right now
