Loading ...Wow! That’s pretty good when a short seller takes a long position! Thanks! 🙂
Ipso re. Snowline
I saw a story where a famous short seller ( Muddy Waters’ founder Carson Block) came out at the Sohn Conference in London. He basically said that he has taken a long position because he feels that the company is undervalued compared to the price of Gold, and that the company has taken a conservative view of its own growth projections.
The volume is @ 10x what it’s normal daily volume is, so perhaps he’s convinced some of his followers to jump on board!
deer79 @ 12:00
Nope that’s not until the 28th … this would be too early for a December contract.
Metals Futures First Notice Dates – Barchart.com
The big thing that is happening right now is the NVDA earnings could trigger a larger sell-off … which will take the PMs with them for a week or so … at least that is what I think with CME futures in both gold and silver so low.
Metals Daily Exchange Volume & Open Interest – CME Group
In the old days … before the cabal went too far in terms of bashing everybody’s brains in with the tech pump and PMs dump … traders/the public were terminally bullish PMs (like with tech now) … which is a large part of the reason PMs would get killed on pullbacks (because idiot perma-bulls would dump their shares and contracts) … but now the situation has flipped and is not likely to reverse until PMs push much higher … so you buy the dips … where one is coming now courtesy of the tech rout being signaled by bitcon.
Lookout below … but the pullback in PMs should be relatively shallow and only last a week (if that).
Cheers all
Captain
Isn’t tomorrow first delivery day for the month??
Another potential reason for these blatant manipulations; to get the metals back to more manageable “levels?”
And to potentially influence some who are thinking of taking delivery, that it’s not such a good idea…..
US dollar
Is the tool of the day for the scum.
I wouldn’t have thought this. Surveillance State …
hackerbot
@thehackerb0t
·
Nov 7
Fun Fact: The NSA has more employees than the FBI and CIA combined.
Exciting Day so far in PMs
Touch wood
Touching my head!
Dog
Maddog @ 9:23
Newsom is a giant wrecking ball destroying California. No wonder so many have been moving out!
Have a good un!
aurum @ 9:10
Their choice of a place to demonstrate shows their agenda.
Muslim societies have little room for Christians, same God or not.
ipso facto
Re Germnay…not too bright, those muzzies….pissing Germans off, is not smart……they sacked Rome and fought two World Wars, in between other wars….
Re California, that is a world wide movement amongst the Globalists, we may well get it here soon, for EV’s initially….but once it starts etc….
be back tomorrow….cheers
ipso
Suppose Christian Evangelists marched shouting there is but one God? While some followers of Islam have become radicalized, just as happened to some Christians throughout history, it is likely their one God is our one God in a different flavor. Look how often Jesus is mentioned in the Quran.
imo
aurum
Incredible …. The only place I’d be driving there would be out of the state!
conspiracybot
@conspiracyb0t
·
Nov 16
California is planning on taxing citizens $0.30 per mile they drive.
At least somebody is on the ball …
Texas News: Abbott Designates Muslim Brotherhood, CAIR as Terrorist, Criminal Organizations — Bans Land Ownership in Texas
Guaranteed you won’t see that in any blue states or commie DC.
Chuckle
Looks like …
… stock market players are still way too bullish if the open interest put / call ratio for the SPY (measuring retail sentiment) is to be taken seriously … as they are buying the dip.
Certainly bonus hungry bank analysts likely don’t see it this way … but maybe you should.
Cheers all
Why the $150 Gold Moves Don’t Matter When Debt Keeps Rising
When precious metals are priced in dollars, every move appears dramatic. But when measured in ounces – as the experts at VON GREYERZ, including Matthew Piepenburg and Egon von Greyerz, or even central banks do – volatility disappears, and the broader perspective on the financial cycle becomes clear.
In this in-depth discussion, Piepenburg explains why fiat currencies are the melting ice cubes of our time, why history consistently replaces bad money with sound money, and why investors waiting for the “perfect entry point” into gold so often end up buying at higher prices.
Mornin all
In Your Face
The British Patriot
@TheBritLad
·
18h
🚨NEW: In Germany, large crowds of Muslims walk directly through a Christmas market chanting:
“There is no God but Allah , Allah Akbar”
This is the true face of Islam.
ferret Yes
but…..it may all be in a bigger mess…as Jap rates are exploding already……
Maddog,
wouldn’t that make Japanese goods so cheap that higher tariffs would be required?
ferrett
Usd/Jpy is moving up from a huge base that can support rates going over 400…..last @ 150……Rates may be the cause…..
Michelle Obama Says She Won’t Run Because America “Ain’t Ready” For A Woman
LOL! ROFLMAO! Gasp! Gag…
And they sure as hell ain’t ready for a ‘tranny’, either!! Everybody knows…
Meanwhile,
Japanese bonds have risen sharply to new highs as a result of increase in government spending as the economy contracts, due to tariffs. A Japanese Margaret Thatcher she is not.
Pokrovsk has fallen, opening up the rest of Eastern Ukraine to Russia.
European and Australian green initiatives forge ahead, even as sanity has returned to America.
A Brazilian bank fails.
Incredibly the rare earth agreement between the US and China seems to have hit implementation issues. And the Chinese have stopped buying soy beans again. {and started buying them again}.
Turns out Australia is not corrupt enough. Chinese making rapid inroads in Pacific nations by buying off politicians in Kiribati, Vanuatu, Fiji, Solomon Islands etc. etc. with promises of police training (i.e. dissent suppression), commercial loans (debt servitude) and port facilities. If we won’t bribe them, China does.
intermediate term view
looking at the one year (daily) chart for silver, it’s not hard to see a parabolic rise forming. gold too, but the curve isn’t as smooth
🙂