Loading ...Maddog
Really not a horrible close. Not sure I agree with R640 that it was a buying opportunity. Seems to me the Buying Op happened when gold crossed $1250, silver $18 and the HUI crossed 200.
Nope not in this sector. Momentum gets wiped out 90% of the time, just like follow thru.
At least we came back a little at the end of the day.
No way in hell anyone is going to tell me that the big players didn’t know that the USD was going to rally hard and gold would dump early this am when the pm shares were getting hit. They knew exactly what was coming, otherwise, why were the share down with the metals up???
As you said, where is the effing SEC???
Maddog @ 16:13
Good for the Germans! I don’t expect to see a show like that here anytime soon. Do the banksters have less veto power in Germany?
Buyers moved in on close and took on scum.
Hence we lifted into close.
Some good news a mate tells me that German TV did a programme 2 days ago, that told the entire rigged PM story.
Eric Sprott was on it plus Andy Maguire etc and they were allowed to use all barrels. The Germans were told that whatever of their Gold was left at the Fed, no longer exists…..if they hold PM certificates issued by any of the usual suspects, to demand immediate delivery.
Basically the whole nine yards of scum activity was exposed….on live TV !!!!!
When You Get Pissed Off? Buy More. When You’re Happy? Sell some.
Most of the miners are still above the Dec lows. Maybe they over shot bullion too much.
Maddog
GG is fine. All the miners go up or down together. Just different amounts. Don’t think its only GG that has a problem.
Tks Mr Copper
So there is a reason that GG is getting killed and it started ystdy…. seems rightly doing a deal with the Devil aka ABX is the end of GG being a sought after stock….no doubt they will be hedging any minute.
I’m out and looking for something else.
It never
ceases to amaze me as to the depths of my gullibility to think that this nightmare will EVER end.
Mr.Copper @ 14:27.Thanks but those are just links to web site and news outlet
The reason I ask is because some pundit is advising his subscribers to short a miner that has 20 mill oz and peaked in price last sept with insiders dumping stock. That description fits Goldmining. I’m not taking any chances, I just dumped my holdings.
Goldmining inc. shares
I own some of these shares. Has anybody heard any thing negative about this miner. I have suspicions, but can’t pin them down.
2-More gold mining partnerships seen as industry eyes growth
part
VANCOUVER, March 28 (Reuters) – More partnership deals are likely in the gold industry as miners start investing in new projects again but are keen to lower the risk, analysts said after Goldcorp Inc and Barrick Gold Corp’s announced a 50-50 joint venture in Chile.
The joint venture will work on developing gold mines in northern Chile’s Maricunga belt and includes the Cerro Casale project, one of the world’s biggest undeveloped deposits.
After five years of painful belt-tightening as the price of gold fell, the industry’s biggest companies have started to loosen their purse strings to build mines and find new deposits to replenish falling production and reserves.
But miners remain cautious after Barrick and others suffered high-profile cost blowouts on developments during the last boom.
Buygold
if they don’t tank the metals and I don’t think they will, it will be another sign, they are running out of metal, which is why they are after the shares, as they can short them to infinity, courtesy of b a blind SEC.
I agree with R640 GG is a buy here..only prob is I already bt around here before !!!!!!
History, Gold
http://www.apmex.com/spotprices/gold-price
Chart below shows how after 20 years of deflation in Gold and all commodities, 1980 to 2000, then came 9/11/01, Greenspan and company were FORCED to step on the gas pedal.
The PMs Pricing Machinery Is Malfunctioning
I thought the machinery was malfunctioning on the high side when AG and many others went from $2 to $28 in 6-7 months. So maybe they re-programmed it all and now its malfunctioning on the low side. Maybe one more tweak will fix it. 🙂
On the positive side, AG and others are still about 200% higher than the Jan 2016 abnormally low lows. AG peaked at $24.40 in 2012, went all the way down to $2.40 in Jan ’16, $19 in August, and $8 today.
Also like I said yesterday, its possible a lot of PMs investors may have gotten disgusted, and just transferred the account funds into physical, and retire, go fishing, leave it all to the kids.
The Power of Prayer
When I heard Al Sharpton and Jesse Jackson were going to be guest preachers at a SOUTH-side church,
I decided to go and check them out in person.
As soon as sat I down, Reverend Sharpton came over to me, I don’t know why, maybe it was because
I was the only white person in the church. He laid his hands on my hand and said: “By the will of Jesus
the Lord Almighty and the will of God, you will walk today.”I told him I was not paralyzed.
Then Jesse Jackson came by and said: “By the Grace of God, and his Son Jesus, the Lord Almighty,
you will walk today.” Again I said that there is nothing wrong with me.
After the sermon I stepped outside and lo and behold — My Car Was Gone!
Hey Maddog
The only panic is in the mining shares. Pure comedy. They’re really coming after NEM now. None of this is on heavy volume, just bid dropping. Course why would the volume be heavy when the metals are up?
The shares are acting like G & S are down 1-2%.
I can’t think of another group of shares that would be down big with the underlying commodity up. When was the last time we’ve seen that with oil stocks?
I’ve been bitching about this for years and it’s never going to change. The only way to win with this stuff is not to play.
Just watch, Europe will close and the boyz on Crimex will come in and knock the metals nicely negative.
Morning Buygold
well called….No-one would think there was a panic on, on Sunday night.
In the more reasons to hurl dept….aka as where the f**k is the SEC…
Check DB plus 2 %….I dread to think how mny times it is bust, if mark to mkt was applied. Meanwhile GG has given up 10 days gains in 2 hrs, on NO news !!!!!
Mission Accomplished
SM soars, HUI below 200, USD up a little, gold about to fall.
There are no markets, just manipulations.
