Loading ...I agree. He’s the idiot. Anyway, I like work. The sense of achievement. I wonder if we will be allowed to work?
He seems to enjoy work.
Ferret
Yes, like him. At least he’s still up, although that last buy might start to hurt.
They’ll all jump ship at once and it will be an epic collapse.
Elon thinks you are an idiot …
… either that or he is … I’m for the latter … no free lunch in this world … most billionaires are vipers and to be feared.
Won’t be long and the PMs will be in a position to rally in December/January.
Cheers all
If all this is option based , then it may unravel next week, when they unwind the option smash.
That said the break down in GDX/AU doesn’t look good. Possible C wave down starting .
There is also a massive Nov option expiry, where the street wanted to bury all the call buyers……
Mega-Caps & Crypto Pumped & Dumped Ahead Of The Largest Nov OpEx In History
From Zero but behind the Pay Wall.
Cap’n 9:54, I think he missed mentioning the marketable securities.
I listened to it a 1.75x speed …. inventories, receivables etc. but NV also has $49bn of “Marketable Securities” in current assets, along with receivables, cash and inventories. Half of that is USTs, but $22bn is corporate debt. In other words, they’ve lent customers money so that they can buy their stuff.
I someone playing games with Nvidia/Fangs …this action is classic PM trading….let it open higher
and then bomb it to bits…..are the Globalists panicking due to the very possible deal in Ukraine…they need a SM panic…..
Buygold, do you mean Michael Saylor, of Strategy?
Still buying up big, of course!
https://finance.yahoo.com/news/billionaire-michael-saylor-strategy-adds-133626378.html
Week commencing 10th November, another 8,178 at an average of $102,171 ($836m total), for an aggregate average price of $74,433.
The XAU/Gold
ratio that Captain keeps track of, will probably get under .07 today ( with the PM stocks getting hammered and Gold basically unchanged).
Food for thought…..
Buygold
I agree, no buyers. Also the best performers have the biggest drops and the best rebounds.
Mr. Copper – last thing
There’s no volume in the shares or the metal ETF’s.
This is just computers taking advantage of a lack of buying. A lot of B.S. going on.
Buygold Roger Those
I think the regulars market is dragging us down. They are expensive and worthless imo. We are still cheap.
Reg stocks: https://finviz.com/futures_charts.ashx?t=INDICES&p=d
AU n AG https://finviz.com/futures_charts.ashx?t=METALS&p=d
Silver $SILVER | SharpCharts | StockCharts.com
Mr. Copper – one good thing
Bitcoin is getting monkey hammered again for 5%. It’s still $86K overvalued but at least gold is outperforming it for a change.
Where are all the billionaires that were calling for $2 million Bitcoin?
When the big boys pull the plug on crypto it’s going to be a bloodbath. As usual, the little guys will get crushed.
Mr. Copper – I don’t know
The move down in the shares is just ridiculous with gold still above $4K and silver $50.
I guess getting pulled down with the broad market some, but I suspect it’s something more sinister. I’d say the word is probably out among the scum that the metals are about to get flushed big time and the folks with the inside knowledge are frontrunning it by selling the shares.
I mean the HUI is down 5% with the DOW down less than 1% and the QQQ’s less than 2%. That doesn’t make a lot of sense to me with gold down $10?
The whole sector has looked a lot like the old days for the last month. My best guess is that the metals will get slammed into the weekend and the shares (HUI) will probably re-test the recent lows.
Geez, gold is now up $5 while I’ve typed, and the HUI is still down 4%.
Non-sensical.
@Buygold
What are you thinking today. Are we dropping temporally sympathizing with the DOW dn 118 and Nasdaq 100 dn 245?
GS says gold to hit $4900 in 2026
Mark
@Mark_IKN
·
21h
I’ll often slate Vampire Squid, but in this case 👇 don’t underestimate what it means. U$4,900/oz screams “reversed engineered target” designed to appeal to its audience (“hey look, 20% upside!!”). GS has just given deep pocketed generalists peer approval to accumulate gold at 4k
Hopeful
Visegrád 24
@visegrad24
BREAKING:
Financial Times confirms Axios’ reporting about a new Russia-Ukraine peace deal proposal being in the works between Russia & USA.
Demands on Ukraine
– Cut its Army in half
– Give up certain weapons
– Hand over the rest of the Donetsk region held by Ukraine now
Sounds like the Biden system. We know how that worked!
Wall Street Apes
@WallStreetApes
Canada Border Security says because they are short staffed, illegals are no longer required to be screened before entry
Illegals simply enter Canada, click a couple boxes on their phone and they are officially “refugees”
“In essence, to speed things up because we are short-staffed, we’re allowing people into the country without first doing that security screening? — So basically, they take out their phone, theoretically, and they tap it a few times, and they are now in the country as a refugee accepted by our country?”
“Yes. We get some basic data from them, and again, we do the biometrics. Beyond that, they’re doing that on their own, yes.”
Captain Hook @ 9:54
Sounds pretty solid. LOL! I think that guy’s puts are going to do just fine.
Cheers
Not too rosy
Peter St Onge, Ph.D.
@profstonge
·
2h
Foreclosures spike 20%. Car loan delinquencies soar 50% — worse than 2008.
And nearly half of Americans can’t pay their bills.
ipso facto @ 19:03
Another take on NVidia’s lies …
A negative close would be sweet.
Cheers
perfectly orchestrated day
….for the scum. Take Gold down some $36-37 pre-market ( fully knowing that stock futures were going to scream higher), so when Gold does rally, it rallies back to unchanged on the day, and the stock market opens up some 500 points.
That perpetuates the perception!!
Doomberg Gold Revaluation, commodities, no peak oil, oil energy and the effects on economies, politics can make or break due to bias or incompetence,
Interesting take on what timeline EU will no longer exist which all the analysts speak of , that likely after war ends in Ukraine. So does that mean Germany’s self appointed leaders want war as a hoax to gain more time to hold on to power while continuing their so called policy’s ruining these countries in everyway possible by destroying industries by destroying energy, farming and food production, depleting balance sheets for war in Ukraine and open borders, to continue to exist themselves because of their economic and sovereign mismanagement to sabotage at the expense of everyone else in the EU and beyond? When they finally get rid of these said criminals I hope they change to a system that votes for representatives of their people instead of appointed by their enemies.
Put the spurs in!
“GPUs Are Sold Out”: Nvidia Soars After Blowing Away Results, Projections
I’m sure all the theft isn’t helping or trying to bring in woke with kids lines of trans cloth or letting men in their women’s bathrooms not even dressed trans just having to say they are.
I have their subscription that’s not doing me any good right now not using it but this is free news. I don’t short individual companies or want a margin account.
Target’s Earnings Continue To Decline; A Bankruptcy Filing By 2030-2031 Is Likely
This is Porter’s Daily Journal, a free e-letter from Porter & Co. that provides unfiltered insights on markets, the economy, and life to help readers become better investors
My next big short… Target is the new Kmart… This is not a temporary dip… Target’s brand and business model are now permanently impaired… What happens next… A warning on the economy… Nvidia reports earnings tonight…