Loading ...Roger writes=
the COT report is incomprehensible. mike ballanger is
right- silver, gold, and the HUI are going down
the commercials added an incredible 31,000 gold shorts
and are now 163,000 net short. this is historical.
they added 4,000 silver shorts and are now 74,000
net short. also historical.
the HUI is holding up beautifully, but will probably,
correct just like the metals.
i got out of my 10 silver contracts. why fight
the Big Banks when they act like this?
best,
roger
COT Report is ugly again, today was ugly. Just wish that one time the commercials aka banksters would get punched in the mouth. I’m convinced the only reason they hold ANY long positions is to dump them on the market when the price goes up. Silver was down right depressing today. Dumped my EGO this am, fortunately for a profit, but no doubt I’ll get crushed on USLV. Nothing like pm’s in any market.
Syria ceasefire takes effect, terrorist groups excluded
https://www.rt.com/news/333785-syria-ceasefire-takes-effect/
as soon as the SM slips, in pile the PM stox sellers.
Looks like they are pileing into the long Au short PM stox trade, guessing the rally is over.
GG has given them the excuse.
Here’s some dirt FWIW that might as well see the light of day.
gives a Rousing endorsement to TRUMP that takes the OXYGEN from Rubio’s room..
Trump Live in Texas
Why Brent Cook and Joe Mazumdar are doubling down on the exploration and the insights
TGR: Last summer when we talked, Brent, you compared the mining market to a wasteland. As we approach the other side of the junior mining equity valuation desert, how will we know if it is an oasis or a mirage?
BC: I envision the past four years as a tribe of the unwanted crawling across a foreboding abyss comparable to the Great Salt Lake desert in the middle of summer. It’s just been brutal. As we made our way across the salt flats people just lost the will, went broke and in general fell to the wayside one by one until there was only a small group of us left. But I think we’ve finally stumbled onto a bit of water. It does not appear to be alkaline. I think this is for real, but we have to remember that Donner Pass lies up ahead. You know how that turned out for the unprepared.
Why Brent Cook and Joe Mazumdar are doubling down on the exploration and the insights
Federal Court Rules You Can Be Arrested Simply For Filming The Police
Deutsche Bank: It’s time to buy gold
http://www.cnbc.com/2016/02/26/deutsche-bank-its-time-to-buy-gold.html
Dynasty Receives Environmental Authorization for Dynasty Goldfield Project in Southern Ecuador
http://finance.yahoo.com/news/dynasty-receives-environmental-authorization-dynasty-161429270.html
Frank Giustra Announces Holdings in Gran Colombia Gold Corp.
http://finance.yahoo.com/news/frank-giustra-announces-holdings-gran-204500309.html
Golden Minerals Reports Year-End 2015 Results
http://finance.yahoo.com/news/golden-minerals-reports-end-2015-220500400.html
Goldcorp Reports Fourth Quarter 2015 Results; Provides Updated Reserves and Resources Estimates and 2016 Guidance
http://finance.yahoo.com/news/goldcorp-reports-fourth-quarter-2015-220500724.html
Goldcorp Reduces Dividend and Changes to Quarterly Payment; Dividend Reinvestment Plan to be Implemented
http://finance.yahoo.com/news/goldcorp-reduces-dividend-changes-quarterly-220500884.html
Nevsun Announces 2015 Results
http://finance.yahoo.com/news/nevsun-announces-2015-results-221000432.html
Eldorado Gold Corporation – Greece Update
http://finance.yahoo.com/news/eldorado-gold-corporation-greece-222500351.html
Silver Standard reports fourth quarter and year-end 2015 results
http://finance.yahoo.com/news/silver-standard-reports-fourth-quarter-003200689.html
Red Eagle Mining update on the Colombian Constitutional Court Paramos ruling
http://finance.yahoo.com/news/red-eagle-mining-colombian-constitutional-100000301.html
Great Panther Silver terminates option on Guadalupe de los Reyes Project
http://finance.yahoo.com/news/great-panther-silver-terminates-option-133000827.html
Thanks for that one ! lol
Yeah…this looks like it’s gonna be a major hit, looking at how it’s coming in waves, as soon as any stability looks like happening.
Dollar and SM bid, PM’s offered.
only change is that now they have realised, that killing Oil ain’t smart, unlike PM Co’s.
It’ll be a half day at best for Dimon and his mates, before they get on their jets to Aspen etc.
All eco data this am was ?better than expected” so naturally the scum hits the sell button on pm’s, buys the SM and USD
Pretty much the same every time any data comes out.
Their going to try to create another waterfall. We’ll see.
I wonder is GG now a dog stock, that needs huge metal prices to get moving.
As u say it is being clobbered and no doubt will be the excuse for the Scum to sit on PM stox tdy.
As I said they hit all the mkts at 8 am Lnd time and have ensured everything was “their” orderly ever since.
Laughter to go with your morning coffee.
This years election will come down to something new and risky to something old and corrupt.
Yeah, some not very good results from GG, so we can probably expect the standard 20% hit on that one today. Unfortunately it’s in the indexes and funds so it’s dragging them down a bit, but not all that much.
Surprised the metals are up a little this am with oil and SM futures higher although the USD is a little lower.
Good morning Oasis members !
The above is a lot of gold to supplement the banksters with more ammunition.
At an average price of $1150/oz that’s about 410 metric tones of gold.
http://money.cnn.com/2016/02/25/news/economy/venezuela-gold-debt/
Just wonder if the market can absorb such amount.
Any thoughts ?
GT
