Posted by Maddog
@ 14:21 on January 16, 2018
Tks for that….I guess we better get ready for some horror stories now that they are falling apart.
I heard from a mate who is a serious back office guy, that A. there is no real Volume in them and that B. the Trading/Settlement system was crap.
He said he could not understand why the CME etc were gonna trade ’em, as they were not a fit mkt…..
Posted by Ororeef
@ 14:18 on January 16, 2018
Posted by treefrog
@ 14:07 on January 16, 2018
smokin’ hot today, up a buck and there’s still a couple hours.
ag up four bits!
Posted by drb2
@ 14:02 on January 16, 2018
Several months ago I setup an account at Coinbase to dabble in the new cybercurrencies. I bought in tiny bites prepared to lose it all, but wanting to learn.
Because i got in early enough, I started to see some pretty decent gains. Enough so that i thought it was time to take some profit and play with the casinos money.
Ha- ha – the joke is on me – can’t get logged on to Coinbase no matter what I do.
No phone # to call. no chat. nada.
Lesson learned.
Posted by treefrog
@ 14:01 on January 16, 2018
test of silver support just over 17 -check
test of gold support 1,332/33 – check
test of failure of dollar index support 90.80 – check
all engine lights showing green, ready for take-off. will we???
Posted by Maddog
@ 13:34 on January 16, 2018
see what u mean on Dlr, Billy No Mates….hope yr right on NEM…have some in punting account.
Rates are up a bit as well, after early sell off.
Posted by Buygold
@ 13:18 on January 16, 2018
USD really looks to be in trouble here. Should be helping the metals but….the rig.
I think NEM may turn higher before the end of the day.
Would sure like to see this SM finish lower to see how pm’s respond.
Posted by Maddog
@ 11:46 on January 16, 2018
Posted by Maddog
@ 11:43 on January 16, 2018
Nem is in the woodshed, so scum v active….Nem had a beautifull hi Vol bull b/o Friday…..that is not being allowed any follow thru…if u bought it, then u feel like a mug tdy, tks to the scum etc.
But Dollar may head south from here….that should help us..
Posted by Buygold
@ 11:13 on January 16, 2018
I sure don’t want to see pm’s go with it.
Posted by ipso facto
@ 10:21 on January 16, 2018
ZURICH (Reuters) – A Swiss far-right campaign to curb immigration from the European Union, potentially unraveling bilateral ties with the bloc, moved ahead on Tuesday when the government gave proponents a green light to start canvassing public support.
Should the initiative win the required 100,000 signatures by July 2019, it would go to a vote under the Swiss system of direct democracy. That could pave the way to scrapping the free movement of EU citizens now guaranteed under bilateral accords.
The populist Swiss People’s Party (SVP) has long sought to limit immigration to neutral, landlocked Switzerland, whose population of 8.4 million is already one-quarter foreign.
more https://www.reuters.com/article/us-swiss-eu/swiss-campaign-to-curb-immigration-from-eu-gets-go-ahead-idUSKBN1F51UN
Posted by goldielocks
@ 10:11 on January 16, 2018
Can’t argue with that. Bonds won’t see value. A retired IRS guy I know not one of the bad guys as he don’t like run away taxes either told me something about the munis. Something about the new tax code won’t let them get tax free benefits or something.I looked for a muni short etf but couldn’t find one. Lol
Posted by Maddog
@ 10:01 on January 16, 2018
Nem down 0.5 %, ABX dn 0.79….SSRM up near 10% and GG + 4 %….gotta sit on the big boys of Hui to keep it under control.
Posted by ipso facto
@ 10:01 on January 16, 2018
Posted by Maddog
@ 9:56 on January 16, 2018
Letting the SM run @ 1 %/day can only really be explained in an infationary environement…..and if they sit on PM’s as they are doing, then they become cheaper and cheaper, relatively, so demand just increases and supply is what the scum don’t have.
They are giving away the rope, that will hang them.
Posted by ipso facto
@ 9:36 on January 16, 2018
Posted by Maddog
@ 9:17 on January 16, 2018
Re PM Shares
Agreed Gdx is calling Hui near Unch, so far so yes there are buyers around….Is it a national day out for lunny bins ????
Bonds look iffy, some money will come out and even if rates don’t move much, because the scum take the other side, it will come out.
Posted by Maddog
@ 9:04 on January 16, 2018
imho…the SM is rammed as a result of the Rig, in order to continue the illusion that all is well. All relevant mkts are Algo driven to Bull the SM….the Pm’s cannot be allowed to threaten that illusion, hence the constant hits.
Where I am most surprised, is their ability to manipulate long term rates, that was supposed to be impossible, however QE and Bond buying has managed it. That said the end of QE and Bond Buying is now, as they cannot take on anymore Bonds, hence the Fed ‘s small tightening steps, so soon Bond rates will rise, then they have a problem, as the debt is now humongous.
Posted by Buygold
@ 8:56 on January 16, 2018
Watching the VXX this am. It’s actually up a little. Normally we’d see it getting crushed with the SM futures screaming higher like they are.
As far as pm’s you are right this is all about the rig. Seems those COT’s are a pretty good indicator after all.
Looks like GG may have had some good production numbers, you’re right again, the insiders had this info at least a week ago.
The other weird thing is I’m seeing a few other shares that are up premarket – ABX, MUX, AG
If for some reason the shares were able to pull off a positive day with the metals down, I’d think that would be pretty bullish.
Posted by Buygold
@ 8:49 on January 16, 2018
China Downgrades US Credit Rating From A- To BBB+, Warns US Insolvency Would “Detonate Next Crisis”
“The virtual solvency of the US government would be likely to become the detonator of the next financial crisis… The market’s reversing recognition of the value of U.S. Treasury bonds and U.S. dollar will be a powerful force in destroying the fragile debt chain of the federal government.” – Dagong.
Posted by Farmboy
@ 8:45 on January 16, 2018
Posted by Farmboy
@ 8:37 on January 16, 2018
1401 Sounds pretty good to me. 🙂
Posted by Maddog
@ 8:18 on January 16, 2018
Someone knew something in GG, as it has been bid recently….
re action…scum hitting in dead zone, right in front of crimex open…..Jamie has told all his friends, get in there, we have ur back covered…..
Posted by eeos
@ 8:15 on January 16, 2018
Play that music for me please. explain that silver chart for me? Fat finger right?
Posted by Maddog
@ 8:14 on January 16, 2018
re Ag poss plus on day.
It would be close to unreal, but what is real anymore in these mkts….looking at SM it shud be no probs, but CoT No’s in PM’s scream a scum raid is going on.