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Maddog

Posted by Buygold @ 16:18 on May 12, 2026  

Just crazy. A 70 pt. swing in the HUI. They must have seen a bunch of stops down around the gap and fleeced them.

A really good day because we didn’t need the QQQ’s to go positive.

Silver is going to $90 soon.

Anyone expect peace yet?

Posted by goldielocks @ 16:18 on May 12, 2026  

Trump’s ceasefire on life support.

Trump declares Iran ceasefire on ‘Life Support’ after rejecting counterproposal

Maddog

Posted by goldielocks @ 16:01 on May 12, 2026  

I believe the metals long will continue to rise. That said gap plays are one thing but filling gaps can be good or a bad sign shorter term. Like notice on the way up it didn’t go back and fill the gaps till the high. It’s watching the normal pattern of a particular stock. Less volatile doesn’t like gaps and fills them on the way up . Charts with multi gaps says the particular stock or whole sector sometimes  is volatile.

With this current mixed message market it’s harder to chart. It’s making it harder for shorts too. At least it’s about time the metals were taken more serious as a longer term investment.

Ipso

Posted by goldielocks @ 15:17 on May 12, 2026  

How I traded yesterdays I think it was speculative up was trim some profits from stocks I added months back as it moved up and went negative in that sell off  and moved up again yesterday past the price I bought them in the begining of the year like B and some others. Then could of bought them back again this morning but decided to wait and with other things going on and sleep in which isn’t hard when pre market trading that’s 3 hours ahead here is around 4 am and not worry about what it’s gonna do today.

Buygold

Posted by Maddog @ 15:13 on May 12, 2026  

Gap chart…..almost back to Unch…..just unreal….closed that gap by 1 tick literally…gap was 0.2181, low was 0.2180 !!!! Then straight up….

gdx/gld

Chipping away

Posted by Buygold @ 14:34 on May 12, 2026  

Screw the QQQ’s! Let’s go!

SILVER!!!!

Buygold

Posted by ipso facto @ 13:33 on May 12, 2026  

Coming back a bit now. Sure glad I don’t try to trade this crazy market!

Deer79, Ipso

Posted by Buygold @ 13:27 on May 12, 2026  

Well, at least we haven’t given back all of yesterday’s gains – except for gold – so far today. My account is still net positive on the week.

Maybe there’s something to maddog’s gap fill chart today.

GDX/GLD gap fill worked like a charm….the entire mkt complex turned…even stopped the SM falling ????? crazy or what.

Posted by Maddog @ 13:12 on May 12, 2026  

gdx/gld

Buygold @ 10:39

Posted by ipso facto @ 12:59 on May 12, 2026  

Shi*!

A real conundrom

Posted by Maddog @ 11:55 on May 12, 2026  

That sell off in Au that smashed the PM shares, may have just been a gap fill move in the GDX/GLD spread…..can any trading system be that mad….or maybe this is the key many moves in the PM mkts…..

The gap is now filled point perfect..if we rally from here then maybe that was it……

gdx/gld

Buygold

Posted by deer79 @ 11:23 on May 12, 2026  

It’s the Working Group on Financial Makets mo.

Easier for the algorithm to lump everything together, and easier to hunt for Gold and Silver “stops.” I almost have to chuckle at their brazenness. It will not stop.

They’ve got their panties in a bunch today because the intern who was watching porn yesterday ( and let Silver have its way) got flogged.

Maddog

Posted by Buygold @ 11:11 on May 12, 2026  

They just tie a rope to the whole sector and tie it whatever is going down the most. Today it happens to be the QQQ’s.

Someone keeps selling Au…looks like massive spread trading in Au/Ag

Posted by Maddog @ 11:07 on May 12, 2026  

but when we are joined at the hip to the SM does it matter…especially as we get less of the upside and all of the downside.

Ipso – maybe not

Posted by Buygold @ 10:39 on May 12, 2026  

Looks like the real pm shares arrived.

Buygold

Posted by ipso facto @ 10:19 on May 12, 2026  

Yeah the SM is getting beat up again. I guess war’s only good for certain kinds of business.

Are our PM shares going to be higher at the EOD? Stay tuned! 🙂

I’m out for a bit.

Ipso

Posted by Buygold @ 10:10 on May 12, 2026  

With you on the shares, they don’t look bad at all. Silver doesn’t look horrible either.

Surprising given how the SM is doing. Usually we’re down 2X what the SM is doing.

Maddog @ 9:29

Posted by ipso facto @ 9:46 on May 12, 2026  

I’d love to be a fly on the wall! Xi can’t be too happy with the strait closure. His economy has a gun to it’s head.

He’s probably not going to send much aid to Iran. The more he sends the more likely all the oil facilities in the gulf will be destroyed. JMO

LOL Starmer is still hanging in there … but not for long I think!

Maddog

Posted by ipso facto @ 9:43 on May 12, 2026  

First Majestic may well be higher before the end of the day. The PM shares look decent so far.

KOW knock on wood 🙂

iposofacto

Posted by Maddog @ 9:29 on May 12, 2026  

Re Trump and China…well I guess Xi won’t open up the meeting, by asking why he came !!!!!!

Which is what I believe happened when Starmer turned up…!!!!!

Ipsofacto….

Posted by Maddog @ 9:27 on May 12, 2026  

First Maj is down 3 % pre mkt….I’d like to us a base ball bat on this short sellers…hopefully the mkt will.

Trump will have company

Posted by ipso facto @ 8:56 on May 12, 2026  

Julia Shapero
@JuliaShapero
·
20h
More than a dozen business & tech leaders are joining President Trump on his trip to China this week, per a WH official –

I think there’s a “Robot Gap”

Posted by ipso facto @ 8:45 on May 12, 2026  

The Humanoid Hub
@TheHumanoidHub
·
7h
Unitree CEO Wang Xingxing just unveiled a real-life mecha.

Marketed as the world’s first mass-produced manned robot, this machine can transform into a quadrupedal civilian vehicle. The unit weighs roughly 500 kg (1,100 lb), including the pilot.

https://x.com/TheHumanoidHub/status/2054066713361285173

More divvys

Posted by ipso facto @ 8:35 on May 12, 2026  

First Majestic Announces Q1 2026 Financial Results and Increased Quarterly Dividend Payment; Provides Management Updates

https://finance.yahoo.com/markets/stocks/articles/first-majestic-announces-q1-2026-110000834.html

So … I guess Iranian attacks on the UAE are not a surprise

Posted by ipso facto @ 8:18 on May 12, 2026  

UAE Secretly Carried Out Attacks On Iran, Making It An Active Combatant

https://www.zerohedge.com/geopolitical/uae-secretly-carried-out-attacks-iran-making-it-active-combatant

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.