http://www.graceland-updates.com/images/stories/17may/2017may16gold1.png
from http://www.321gold.com/editorials/thomson_s/thomson_s_051617.html
Pretty interesting presentation, even if you think you know it all. Also some giveaways at the end.
They have spent a few million renovating our local landmark, but to us locals it will always be the ‘Big Chicken’. Come git ya a bucket !
http://www.cnbc.com/2017/05/16/kfc-spent-2-million-to-revamp-this-one-restaurant.html
She is the nightmare you cant get away from.
GDX for example traded 31 million shares today against a 22 DMA of 61 Million. Ditto for many of the PM miners, half, or at best 2/3 volume today. One of the things holding all PM related back is the lack of interest also read lack of volume. Until then, the rocket is sitting there burning fuel, waiting for lift off.
Agree with Mr. Copper, lot of folks chasing the regular markets as they continue to rise. Also placing part of the blame on the ETF’s that are sucking air away from the PM stocks.
Still, we ended in the Green today. Beats the alternative. 🙂 But you are right, with the dollar down it should have been MUCH better.
Agreed we should be doing much better. I suspect because the General Mkt is doing well, its sucking up some play money. Whenever you have a bull mkt somewhere, nobody cares about anything else. During that big boom thru march ’00, my son bought real cheap a 1969 SS 396 Chevelle with 32,000 original miles on it. Nobody wanted collectibles AU AG or anything but dot com stocks. Nas was up to 5000 in march ’00.
That’s great and everything when calculated “from the lows”
Of course the assumption would be that everyone bought the lows.
How far down are they “from the highs”? HUI was 600+ 6 years ago and can’t break 200 now.
I guess everything is relative right?
The USD is down .78% and gold is up .52%, GDX should be up 3x’s the gold price yet is up only .66%
The entire sector should be doing a helluva lot better.
First it was Cuba every day. Then it was Iran every day. Then Iraq. Then Russia after they took back Ukraine. Then Syria and Assad.  Now it’s North Korea’s turn whose balls they are breaking.
Did I miss any?? It just never stops. They always need some country to pick on like bullies. If the USA ever went Brexit independent? They would call Trump a leftist, and pick on us too.
GDX is up 20% from the Dec 22 ’16Â low point.
GDX is up 75% from the Jan 22 ’16 low point.
Silver ticker AG +30% and +228% same time frames. GDX is simply moving like ABX a big cap blue chip. Like watching ice melt. Conservative positions always move slow.
I want him to help me explain why that magical seller keeps coming in at GDX $23-23.01
Endless supply of 40-50K sellers…
USD at lows of the day and the scum is doing a full court press absorbing every offer across the spectrum.
That is the scariest picture I’ve seen in awhile! Kinda says it all about this gold market, though. Full blast and going nowhere.
Also a good metaphor about the Fed, money supply, and war economy. They gotta keep it blasting thru money or it will all collapse in a huge mess.
I’ve been looking for that switch for 20 years!
For the past several months, Democrats have based their “Resist 45” movement on unsubstantiated assertions that the Trump campaign coordinated with Russian intelligence officials to undermine the 2016 Presidential Election thereby ‘stealing’ the White House from Hillary Clinton. Day after day we’ve all suffered through one anonymously sourced, “shock” story after another from the New York Times and/or The Washington Post with new allegations of the ‘wrongdoing’.
But, new evidence surfacing in the Seth Rich murder investigation may just quash the “Russian hacking” conspiracy theory. According to a new report from Fox News, it was former DNC staffer Seth Rich who supplied 44,000 DNC emails to WikiLeaks and not some random Russian cyber terrorist, as we’ve all been led to believe.
Clearly I did something wrong.
This action just plain sucks ol’ buddy. No other way to say it.
Stairs up, elevator down. It’s always the same.
A history of gold discoveries and theoretical sources from prehistory .
The most extreme responders to the 5 day gains in spot Gold Silver and Copper. Bon apatite.
Gold IAG GFI SSRI MUX KGC 17% to 13% gains. In that order.
Silver USAS EXK CDE GPL PAAS 15% to 11% gains. In that order.
Precious metals group ASM up 13%.
Copper group TGB up 14%.
Buygold, you did install the Nitro Kit right??
This is a pretty ugly chart IMO. Could be a tailwind for us.
http://quotes.ino.com/chart/index.html?s=NYBOT_DX&t=&a=&w=&v=d12
Oh. Thanks.
I see the SM refuses to die as usual which I guess also means that gold can’t take off to the upside – as usual.
Saw Santelli speculating that the USD could be in trouble longer term. Never heard that before. 🙂
Murdered DNC Staffer Seth Rich Shared 44,053 Democrat Emails With WikiLeaks: Report
Hedge Fund-Financial Services guy.
Shepherd – Butcherer 🙂
‘Big Short’ Steve Eisman likes two FANG stocks
•Steve Eisman is a fund manager at Neuberger Berman.
•He famously shorted the big U.S. banks heading into the financial crisis.
•Now Eisman is buying two of the so-called FANG stocks.
http://www.cnbc.com/2017/05/15/big-short-steve-eisman-likes-two-fang-stocks.html