Posted by Richard640
@ 19:20 on December 13, 2017
Posted by Buygold
@ 18:14 on December 13, 2017
The rig makes things nearly impossible to figure.
Also agree bigly that the next couple of days are crucial for pm’s if we’re going to make some kind of a bottom here.
I was a little surprised that we didn’t get hit harder into the close. 1% rule for gold was clearly in force though.
Posted by Maddog
@ 17:00 on December 13, 2017
Rates are under full Rig control…..which I never thought we wud see…
Tdy the PM’s misbehaved….the next few days will be the big tell imho, as for once shares led.
Posted by Maddog
@ 16:45 on December 13, 2017
Ya know, in the 30+ years I’ve been watching markets I never knew rising rates were good for the SM.
U ain’t wrong…it’s the Rig that has made a mockery of all previous experience/knowledge….
Have to say nice to see shares lead…..but nervous of any real bottom…but that may be due to non stop p&l beatings.
Posted by Buygold
@ 16:29 on December 13, 2017
is that they know rates can’t rise above a certain level without busting the interest on the $20 Trillion in debt. So they buy bonds to keep real rates down?
Seems like we’ve seen this happen a few times after they’ve raised rates, except without gold going higher.
Tomorrow is the real test. We either build on the gains today or get smacked right back down.
Posted by ipso facto
@ 16:12 on December 13, 2017
http://www.miningandmoney.com/
Sweet day for the good guys! 🙂
Posted by Samb
@ 16:12 on December 13, 2017
Makes no sense to me: It was anticipated that the Fed would increase by 1/4 point…which is just what they did. So, this rate increase should have been priced into the markets. Instead $gold blasts upward as if the Fed did not increase the interest rate. There has to be a backstory in here…somewhere.
Posted by Richard640
@ 15:46 on December 13, 2017
Posted by Richard640
@ 15:40 on December 13, 2017
Posted by ipso facto
@ 15:16 on December 13, 2017
Whoo Hoo! 
Posted by Richard640
@ 15:15 on December 13, 2017
SLV JAN19 $15 CALLS – 10:56:26
Bought to Open 259c @ $0.29 – Total: $7,699.25
|
I picked up these jewels this a.m. when silver was up 6 cents–the big money is made by catching a move, not day scalping…as I have written many times before, to catch a bottom in PMs is EXTREMELY difficult–did u see the gyrations in G&S after 2pm? It is sooooo easy to get shaken out…as u say, let’s see the close and what manana brings…the gold mkt is so perverse…
Posted by Mr.Copper
@ 15:14 on December 13, 2017
I see the PMs liked what Janet Yellin said. What ever it was. She’s on CNBC blabbing or complaining about not enough inflation. Huh??
Those idiots running the economy are lame, dumb as a stump. Food and shelter and fuel is higher. Stocks are higher. Medical insurance higher.
They SAY they want the Dollar to lose value. Do you believe that? According to what they say, they want our purchasing media to LOSE MORE value?? They REFUSE to say minimum wage is TOO low for this fake system, and its holding down all the other skilled labor values.
Posted by Farmboy
@ 15:08 on December 13, 2017
I was just about to take my Kbar, bust open a few cans of Campbell’s Cream of Chicken soup, split open the feather pillow and dose myself with feathers before throwing self into Floridagold’s Gator pond. Last couple of weeks has been brutal for the trading account. Today was some much needed relief! Phew! 🙂
Posted by Buygold
@ 15:06 on December 13, 2017
would sure like to have seen the bottom for the year.
Need follow thru tomorrow if this sticks
Posted by eeos
@ 14:37 on December 13, 2017
So I call it just another scam, out in the open for all to witness
Posted by Buygold
@ 14:36 on December 13, 2017
Yellen speaking now, let’s see how it finishes
Posted by Buygold
@ 13:17 on December 13, 2017
If I’m actually right about anything, it will be the first time in a very long time.
I don’t trust this move in the shares. I guess we’ll know in about an hour.
Posted by Richard640
@ 12:25 on December 13, 2017
Posted by Buygold
@ 11:29 on December 13, 2017
I can hear the siren call now:
“c’mon in, the water is fine”
Then BAAMM
Posted by Richard640
@ 10:41 on December 13, 2017
Posted by Buygold
@ 10:39 on December 13, 2017
I guess anything can happen, just not great odds.
Ya know, in the 30+ years I’ve been watching markets I never knew rising rates were good for the SM.
I guess an old dog can learn new tricks. 🙂
Posted by ipso facto
@ 10:28 on December 13, 2017
“Looks like the old playbook today, let pm’s be stable until the Fed announcement and then trash them.”
Maybe it’ll be a “sell the news” type deal and gold will go up …. hey it could happen!
Posted by Buygold
@ 10:22 on December 13, 2017
Posted by ipso facto
@ 10:17 on December 13, 2017
Posted by Buygold
@ 10:04 on December 13, 2017
Yeah, peace would be a good thing, a lot of risk in that region especially for South Korea not to mention it would be unwinnable for the US.
I’d much rather see the whole system collapse without a war.
Looks like the old playbook today, let pm’s be stable until the Fed announcement and then trash them.
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