Don’t be too disappointed bulls still in control so far and stocks have made gains. Just at a different pace. It seems like the bears like to make it more difficult for gains.
Look at who their working against
Don’t be too disappointed bulls still in control so far and stocks have made gains. Just at a different pace. It seems like the bears like to make it more difficult for gains.
Look at who their working against
Supposed to be out this afternoon. Not sure if they’re out but shares bouncing around lower now in the AH.
They’re out and they missed $.81 vs $.86 estimates on “higher costs” Down a couple more bucks from the close. Pretty hard to believe but just another reason money managers don’t jump into pm shares, they are consistently unreliable.
Glad I’m in phyzz. These guys are too disappointing.
When we cut off giving them our Gold for $34/oz when it was worth $140/z, after that they got all our industries. So now with Gold climbing, that could be the reason the US Dollar is climbing. Because the USA holds the biggest reserve of gold. So with a STRONGER Dollar our country will get bigger discounts on imported crap made by foreigners instead of Americans.
Exactly.
The optics of having gold and silver on fire going right into election day is something the commies don’t want – right?
So, they are allowing the equity complex to fall today (tomorrow?) to cool things down.
It’s all optics for the people watching TV.
Pitiful
Got it.
Yes we are, they are playing defense.
I was joking.
We are winning.
Don’t worry
The best is yet to come if you filled them with physical, but anything else you better listen to this song:
…obviously didn’t like silver’s move yesterday. reaction? over-reaction?
If the election is fair, he’ll win by a landslide. If the elites decide to do something else and keep him out, then I’m not sure what happens next.
Very interesting times to be alive.
I don’t need any tranquilizers.
That’s a weird thing to say
Re Dollar strength
Could be money going back into dollars looking for/expecting a Trump win !!!!
Though other mkts do not say that at all…..
Let’s pray this happens……also could be a reason for the selling today…..
Yes, the shares are holding up because they see the same things.
But it’s better to get the testing of the $33 area for silver over with so it does not have to return to these levels once it surges into the 40’s.
You don’t want it to go too fast.
It won’t last.
Take a hit on the banker’s crack pipe if necessary.
Take some tranquilizers.
Just take it easy.
Cheers
I agree. I’m wondering if it will even last until the end of the week. As you say bonds oversold, dollar overbought. We’re also thinking in normal market conditions, what if what we’re seeing is something else, something not normal?
I’m also not seeing any panic in the shares today. We’ve been beaten far worse in far less of a pullback in the metals.
I don’t know, long day ahead.
The shares should be getting hit harder than they are right now. After all, this is a waterfall moment ya know.
The dollar strength is just ridiculous.
that gold will go down if Trump is elected … or is this just an attempt at somebody’s narrative? Can rational policy changes save us from striking the Debt Iceberg?
There is no truth in the rumour that when Billy Boy…aka Gates from Hell. tried to pass the hat round ….he got nothing apart from loads of verbal abuse…..
Here is yr long term AG chart as a quarterly chart…..u can see both the Saucer and the Handle
The fact they waited until the new COT reporting period that starts today, which are numbers that will not be seen until next week (Friday), one would think this weakness should prove to be short lived as short covering should limit downside to trending price action.
What’s more, with the rally in interest rates so extended now, and in need of correction, this should add to supportive dynamics as the election approaches, giving prop desks a tailwind in painting the tape going into November 5th.
So, expect a little pullback here going into week’s end.
A test of $32 to $33 in silver would be perfect.
Just a few observations.
Mornin all
Looking for GOLD – Barrick to turn next. ?
I know, I’m crazy.
Question is whether the scum will use this as an opportunity to cover their shorts or not.
It wouldn’t surprise me if we saw a bit of a comeback today, but I have no idea. I suppose we’ll find out if the shorts are really in trouble.
Iran says it’s planning to hold 1st joint military drills with Saudis in Red Sea
TEHRAN, Iran — Iran and Saudi Arabia are planning to conduct joint military exercises in the Red Sea, according to an Iranian report not confirmed by Riyadh, in what would be a first for the regional heavyweights.
The two Middle East rivals, which have long backed opposing sides in conflict zones across the region, severed diplomatic ties in 2016.
However, Shiite Muslim-dominated Iran and Sunni-majority Saudi Arabia resumed relations last year under a surprise China-brokered deal.
“Saudi Arabia has asked that we organize joint exercises in the Red Sea,” the commander of Iran’s navy, Admiral Shahram Irani, was quoted as saying by the Iranian news agency ISNA.
“Coordination is underway and delegations from both countries will hold the necessary consultations on how to conduct the exercise,” he added, without providing details including a timeline.