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A couple of wags from ZH just now.
new Bam_Man Nov 13, 2017 10:27 AM
Equity Indices were red for almost a half hour.
The horror, the horror!!
LOL….
The clues were there if one wants to look for them. Sellers were trying everything pre-market to knock out a new low but all they succeeded in doing was get themselves trapped.Then the cash market opened and the previous days low was assaulted by more selling but they too were being absorped by bigger buyers , once they realised this it was too late, their stops were triggered, new buyers jumped in and their fate was sealed. What the fuck do I do for the rest of the day now?
Hope I Did It Right ??!
Dumped most of my SLV 16 calls that I paid .49 on friday at .53. Nice ‘base hit’. Now lets see if I can buy em back at .50 or bette3r by days end. Counting on those banksters for a smash down. 🙂
I used to pray for world peace, now I just pray that Gold and Silver are set FREE!
The ole Gunslinger, Farmboy
BTW, bet the markets end in the red. The herd is nervous. 🙂
Maddog–well, 3 down days in a row-what do u expect what with all those bargains laying about-
they just gotta scoop up some more Amazon or Google since they dropped 20 or 30 bucks…
I’ll be watching the ftse, cac and dax as just one of my criteria too see if I want to fade this rally
In the meantime G&S are quietly , stubbornly trying to rally–
Osisko’s hybrid model could be the future of gold streaming
Precious metal streaming and royalty companies are the envy of the industry.
The relative share price performance over a 10-year period of the largest gold streaming and royalty companies vs the top gold miners is eye-popping (and for those who picked the wrong crowd a decade ago probably eye-watering).
Investors love streamers for their (more) predictable cash flows, minimal GSA overheads, revenues per employee more associated with companies making iPhone apps and low risk profiles. Miners are attracted to streaming deals because it’s not dilutive like equity transaction and easy on balance sheets
cont. http://www.mining.com/osiskos-hybrid-model-future-gold-streaming/
Panic over…… it took 47 mins to get Dow plus
No corrections allowed..just straight up every day.
Maybe this will help prevent a new war …
US, Russia Agree On “Iran-Free Zone” In Syria
Multiple Israeli news outlets reported Saturday that the US, Russia, and Jordan have reached a ceasefire agreement over southern Syria which proposes to expel Iran-backed militias from the border with Israel in the Golan Heights. The reports came on the same day presidents Trump and Putin issued a joint statement on Syria after meeting on the sidelines of the APEC conference in Danang, Vietnam, which reaffirmed de-confliction efforts as both countries fight ISIS and underscored willingness to keep Syria’s territorial integrity intact while pursuing the Geneva process.
Though the joint statement references the “Memorandum of Principles concluded in Amman, Jordan”, it doesn’t make explicit reference to Iran or Hezbollah, but more broadly to efforts for “the reduction, and ultimate elimination of foreign forces and foreign fighters from the area to ensure a more sustainable peace.”
more http://www.zerohedge.com/news/2017-11-12/us-russia-agree-iran-free-zone-syria
Richard640 @ 9:34 Since Were Just Having Fun,
here is my prediction. November is down for the general markets, then a big Christmas Rally in December. Brokers have to have their year end bonus checks ya know. 🙂
The daily scenario written and directed by Richard640–traders pay attention
The market opens lower–4th day in a row… time to attempt a bounce–the market tries to rally and the indexes go green-dow up 50-60—NAZ up 15-25…then rolls over for a 300 to 500 pt loss at the close
[tee hee! I really haven’t a clue…just having fun]
Ororeef @ 23:37
Please don’t copy and paste complete articles. We don’t want to get in copyright trouble, so it’s much better to post an excerpt and a link. I’m sure All of us want to see the Oasis continue.
Thanks
Here’s A Year To Date View, Eleven Months
Palladium 45% up. Gold 11% up.
Thanks Richard
I dont have cable or sat tv. Have to rely on the internet for my news and feeds.
Get free streaming real time quotes on G&S and copper–turn on your T.V. Box–and turn the dial to FOX Business News
who needs Crisco and Net Dania–best site for ALL delayed commod and financial quotes is this one
What’s Up With Kitco This Morning? Seems Way Behind
Perhaps a better source of gold and silver prices:
Good Morning Oasis ! Dawgs Lost Now 9 and 1. Falcons Took It To Dallas.
and
it looks like an interesting day for the PM’s. Guess all the banksters got the memo: ” Dont let people think Gold and Silver are a real store of value!!”
That seems to be what happened on Friday. Markets started going down, CNBC ran a headline story that many were going to ‘cash’. Thirty minutes later came the flash crash in the PM’s to discourage folks from running to a store of value. Lets see what the day brings.
Maya’s double strength coffee with a shot of Jack Daniels seems in order. 🙂
Ms Moggy, if you are around, how about checking in. Havent heard from you lately. Also, as resident star gazer, any thoughts on these insane markets?
Best to all, and good luck, Farmboy
“The possession of gold has ruined fewer men than the lack of it.”
– Thomas Bailey Aldrich –
