Posted by Buygold
@ 6:52 on March 23, 2023
USD down a little but definitely coming back.
I’m surprised we are holding some small gains in G & S, but I guess that’s what we’ll do in a raging bull market.
I see Bitcoin is coming back, up $500. Futures sitting right at $2K, $1,999.60 to be exact.
Not sure what T/A is saying, but I think we should blow right thru $2K.
Posted by Buygold
@ 6:27 on March 23, 2023
The usual weekly Jobless claims and consumer confidence, or lack thereof.
Shares are a little perky, even NEM is up $.34!
Let the game’s begin.
Posted by Buygold
@ 4:45 on March 23, 2023
Doesn’t appear we’re going to get follow thru today but it’s early. Silver playing the weak sister and I haven’t seen that be a positive development pretty much ever.
USD still weak but off the lows. SM in obligatory rally mode the day after a Fed meeting.
I guess if we don’t pullback too much, we can salvage a flat day.
Posted by Buygold
@ 2:07 on March 23, 2023
down .5%. Gold and silver up a little in response. SM futures also up .5% at the moment.
All things equal, we should get some kind of rally to start the day.
Posted by treefrog
@ 0:41 on March 23, 2023
Posted by silverngold
@ 23:37 on March 22, 2023
Worth your time to stay UTD. Very good exposure on what is happening.
Posted by Buygold
@ 19:52 on March 22, 2023
Posted by Buygold
@ 15:42 on March 22, 2023
that’s 2 for 2. Couple more, and I could actually be a GURU. 🙂
Don’t think it will happen but they could take us back down tomorrow. They did that after the last meeting.
Silver having a strong, stealth rally.
USD taking it on the chin for the 5th day in a row. Bitcoin down $900
Posted by ipso facto
@ 15:39 on March 22, 2023
Fed Hikes Rates 25bps, Maintains QT, Removes Hawkish Guidance
https://www.zerohedge.com/markets/fomc-6
Posted by Buygold
@ 15:07 on March 22, 2023
but it’s tanking the market, we’re holding up better but still our shares are taking a hit. They just threw a $10 hit at us in a nanosecond.
I’m actually listening to him. Nothing he said was bearish.
Battle is on. NEM is leading the way down
Posted by Maddog
@ 14:49 on March 22, 2023
I think we have some of their game plan….like in they smash PM’s down before dovish news hits….to make sure the headlines don’t talk of record Hi’s etc…..Gold wud have to rally over 70/80 bucks from todays lows, to break the recent Hi….if we were at 1970/80 still we wud be looking at 2050 plus already etc…..however they do gift cheap prices…..which they love doing to their bankster mates…after all it’s only taxpayers money they are pissing away.
Posted by Buygold
@ 14:41 on March 22, 2023
you know it’s good when…
Bonds are rallying like noones business again. Back to 3.48%
So, money rushing into bonds, bullion, and stocks, but selling Bitcoin.
All eyes on $2K
Posted by Buygold
@ 14:39 on March 22, 2023
Yes. He also may need to support the bond market as well. I don’t think they want higher interest rates. As you said, all he has is bullshit.
Posted by Buygold
@ 14:38 on March 22, 2023
SM no likey what Powell has to say. PM’s do though…

Posted by Maddog
@ 14:33 on March 22, 2023
and intervention is not easy, as it is such a huge mkt and highly analysed…..they can’t bully it like the PM’s….it should provide a tail wind for PM’s.
Posted by Buygold
@ 14:28 on March 22, 2023
Starting toto this point. get some traction, even NEM is up a little, they’ve stuffed it all day
Posted by goldielocks
@ 14:25 on March 22, 2023
Giving up so soon, did he get word they’re going to stop the printing presses or just talk to calm the run on banks.
The Federal Reserve raised interest rates by a quarter of a percentage point Wednesday and suggested the end of increases is near.
The move to proceed in its inflation-fighting efforts comes despite turmoil in the banking system.
Chairman Jerome Powell is set to hold a news conference at 2:30 p.m.
Posted by Maddog
@ 14:25 on March 22, 2023
Posted by Buygold
@ 14:20 on March 22, 2023
I think Powell gives the presser in a few.
Rates down about 8 bips, USD down .5%
What’s not to like? As long as rates continue to get a bid, we’re in good shape.
Posted by Buygold
@ 14:02 on March 22, 2023
Good move. Now talk dovish.
So far, so good. $1975 and climbing.
Posted by goldielocks
@ 13:15 on March 22, 2023
No matter what they do today, all they have left is talk and the Rig
Yep because they’re the government and they’re there to help themselves .. I mean us.
That’s a interesting dream. I wonder what would happen if that did happen other than the pog. Since it’s not pegged to the dollar they couldn’t justify confiscating it “ for the greater good” I hope.
Posted by Buygold
@ 13:08 on March 22, 2023
but it is what it is. Hope like maddog said it’s been leaked.
Posted by ipso facto
@ 12:41 on March 22, 2023
Those derivatives are like oxycodone for the bankers. They can’t resist speculating and putting their banks at risk. But of course their bonuses are safe! 
Posted by Buygold
@ 12:33 on March 22, 2023
No kidding right? This is all we’ve been waiting for all these years, happening in slow motion for all the world to see.
We were fooled in 2008-09. I remember specifically the Sunday Lehman went under. Gold soared above $1K, only to get pounded back to $700 or something.
Absolutely right, they have the rig and jawbone.
Posted by Maddog
@ 11:17 on March 22, 2023
after all if is wasn’t for front running the Fed, the likes of GS, Citadel and JPM, wud have to think about what to do…..