OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

I see your point. But my point is they would not be able to push PM stocks down  if the P/C ratios were reversed, which will hopefully come one day once the specs are exhausted. BTW the big culprits are the hedge funds, so a reversal in betting practices could come suddenly as they continue to lose investors, or a deflation scare hits.

Mr. eeos. You are confused.

so the stock buyers short and buy calls that distort the market these two off setting moves cause the market to go down .. not the obvious selling of mass of futures at certain market times that drive the market many points down at very slow times ..

this is not ordinary market action has nothing to do with the individual stock traders as they are so small compared to the high amounts of paper shorts that come at the point when no one is looking driving the price down and then any up move is met with additional short. bingo

question how does a market short and long even factor into this obvious raid on the gold complex ment

There may have been some capitulation in the shares

Mighty Goldcorp down 12%

I don’t think we see a bullion bottom until its pulled from the shelves as it was in 2009 (esp silver at 9 bucks)

Kitco still has plenty

Bastards

Winedoc

I bought ….. silver  today …….. and

……. all the way down 🙂

I’m 51  and I ain’t selling any of it.

Only piss off is Scotiamacatta’s premiums are so high, compared to Kitco

Closest Coin Shop is Halifax

I can’t bother with bank wires and all that on small dollar cost average purchases, so I eat the premium

Yum

Best Regards

Winedoc

Ok so the P/C ratio on GDX is 1:2….does that explain the HUI down 8 weeks running, now in it’s 9th and accelerating ….I don’t think so. You’d want a P/C ratio of 0.25 or better min.

9 weeks down in any mkt is beyond extreme, to be happening after such a large fall already is, again beyond extreme. These are not real mkts.

What about the magic 1 % cap on Gold…what has the P/C ratio got to do with that, damn all. The 1 % cap is there no matter what the P/C ratio is, day in day out. Has any mkt been capped at 1 %/day ever, never…again not real mkts.

This isn’t sour grapes it’s facing reality, normal analysis no longer works.

Cheers

Better yet the BLM should just turn it into Designated Wilderness Area = The Land of NO Uses. Perfect

Were you and Gold Runner doing something together a while back or do I have you confused?

The ALL IMPORTANT open interest put / call ratio on the GDX (the biggest and most influencial PM stock ETF) is .5; and, the open interest P/C ratio on both the SPX and SPY are ~ 190, or two puts for every call, meaning speculators / hedgers are bearish on stocks. And of course at .5 on GDX, meaning 2 calls exist for every put, which is bearish from a sentiment perspective. With the computers programmed to sell markets in which P/C ratios reflect optimism, and buy those with the opposite, again, is it really any wonder stocks go up and PMs down?

Gold bugs are having a hard time dealing with the fact they are being dupped because they think themselves smart investors, while ignoring the very market mechanism is rigged (think algos), and that they are not as smart as they think themselves.

Not the first time pride and stubborn attitudes have done this, however PM specs are perhaps the most dramatic example ever.

Good investing is possible in physical gold, silver, and quality shares at the lower prices such attitudes guarantee.

Cheers

needs to know if they can smash 1180 Gold, don’t think it won’t be retested. The pro’s have $12.XX Silver in mind.

So far just your typical 10% drubbing, not unlike most other PM companies

3300 (edit) ASK lots on Kindog, never seen anything that high before.

Nothing but Vultures at this point.

This is getting tiresome…but just on the rsi/oversold basis, I’ll keep taking stabs-this little 3 minute trade just cost me $330…

JNUG – 03:26:04
Sold 3000s @ $5.13 – Total: $15,382.65

JNUG – 03:23:10
Bought 3000s @ $5.24 – Total: $15,727.00

Until then, I’m going long tissues.

is that ANY rally, no matter what its size, will be sold and shorted by the pros and market makers. It’s part of the trading rule book.

If we’re waiting for the huge breakout into a financial economic collapse, well that shite won’t happen either. It won’t be allowed to. The fire will burn the building down, but we’ll be trapped inside.

I’m not selling here macro, completely pointless right now.

I have a very very hard time believing we’re going to have an economic paradigm shift in my children’s life time. No one cares in the younger generations and most are pacifists. I’d love to be proven wrong

You need a little like father like son pep talk…

He said his name was Chuck Jeannes…

Wow G, how much is 13% of your market cap?

The PM’s are dead for good, or at least for many years to come. Just think of the lines of sorry fools that still want out. Everyone that participates in the stock market casino hates Gold and Silver. They’ll side with the Fed so they can continue their lifestyles. If I had a bulldozer, I’d dig up JP Moron and burn his corpse for good measure…but everyone already knows digging all the way to hell is an insurmountable task

Re Greenspan

He’s getting on now and probably getting very nervous that the good Lord is a Bug, so is maybe trying to buy some insurance for when he knocks on the pearly gates and gives his name over……He doesn’t want to hear a booming voice shout out WHO !!!!!!!!!!!!  I’ve been waiting for that  SOB….. he’s only going to one place and for eternity.

This guy is a douche bag liar.

All I can say is I dunno which mkt yr watching, but it sure ain’t the PM’s and that the oceans of outright rigging GATA have documented in the PM’s doesn’t happen.

Lets stand back a little here and ignore the simple rigging and look at the whole mkt picture. As of now you in the US have a gu’mint run by imbeciles, we in Europe have the EU, who can give yr imbeciles a run any day, as can our local imbeciles in the UK.

Yet yr stock mkt is at all time Hi’s, which says one of two things, either life is grand and yr economy is booming, or inflation is rampant and if it was the 2nd, then interest rates would be well bid, ie 7 to 10 % on the 30 yr, PM;s would be well bid , as would oil. But that ain’t the case, so it must be the 1st……..were all booming…..yet all anecdotal information is that the economies are flat at best, we’ll ignore the bent gu’mint numbers, for the trash they are. Also if we are all booming why aren’t interest rates hard, especially as we all carry record amounts of debt and not a shred of evidence that the debt accumulation will slow down, plus why isn’t oil bid.

So despite the world class imbeciles running us, who have ruined or wrecked everything they touch, the mkts sayour economies are the picture of perfect health. It is just too much to believe that the current bunch of uber cretins, can have created financial nirvana, something that has eluded every gu’mint in history.  Which forces me to conclude that the major mkts are all false.