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Friday The End Of The First Quarter.
Gold over/under 1302.50. Silver 16.91
Buygold–Ponzi World says the buyer is=Skynet=using every tool at its disposal to keep from breaking last support. Each bounce weaker than the last,
As I write, the casino is parked on the 200 day moving average. = attended by ever-larger doses of unadulterated bullshit to keep the sheeple from bolting…
TechNihilation is a fait accompli. The technical damage is done…
Someone has been trying to crush the DOW all day long
and yet there’s a magic hand in there buying to prevent a freefall
Hard to understand the ridiculous strength in the USD – whatever
This SM is headed for a big time correction – JMHO
Wall Street is whistling past the graveyard
Cheerily-without a care in the world–they tried to ignore Amazon and bought everything else that wasn’t tied down–they brought Amazon back a long way but now it’s back down $70–it was down $110 at the low..if this mkt rolls over hard the last hour and the $ index starts giving up it’s gains, then G&S could bottom out…a long shot scenario…other than that, the G&S action stinks to high heavens–CDE is up a penny and 15 cents off its low…
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If u put a gun to my head and told me I had to buy something in G&S…well..-I’ve been eyeballing the SLV april 13th [an eternity in volatile markets] $16 call at .05 or $5 a call-300 calls for $1500-good risk/reward IMO-On this type of day , I would usually not buy…but stocks and the $ are so volatile–and each day is a NEW roll of the dice–under these conditions, charts can indicate one road to take one day-then a completely different one the next–in other words check out the technicals with a skeptical eye.
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Bonds not helping the Rig today…no-one wants ’em.
Meanwhile Gold is about to close out 10 hours down, without a single up hour…in the last 15 hrs, only two were marginally up.
Buygold–u r right about that–I saw Rubinos article and another one by a guy I
like and respect–I won’t mention his name–but he was saying “buy all the silver u can”…
I guess that’s a strong, bullish stock mkt that can get its head chopped off–Amazon down 120 bucks–and
have every other stock and sector bought/supported by the PPT/FED at the same time…amazon’s almost 100 off its low–I am in awe-!! Phoney-baloney or not…very impressive! The $ index is up .492…so G&S are dead money for today at least.
Stormey ….Trump
He needs to take the FIFTH..when Lawyers on both sides are out to get you as both DEMS and Rebs are…. and the GAYS,Transvites,Feminists,Lesbians and assorted freaks of nature swamp creatures in the DC area then the President needs the BILL of Rights to defend himself….Shut your mouth Trump take the FIFTH and use the Constitution to defend yourself …….Forget the Lawyers, let the CONSTITUTION and BILL of RIGHTS defend you…”I refuse to answer on the Grounds it might incriminate myself” NOT even MUELLER the Chief antagonist can get around that ,nor can a gang of —– on the “SUEpreme Court”.If that dont work ….Pardon yerself ..!and then PARDON every conservative and Taxpayer thats gone to JAIL for TAX evasion ……CUT thier MONEY off….Go after Stormey for TAX EVASION ,accepting money for Prostitution …along with her Lawyer as an accomplace or PIMP. Adopt a SCORCHED EARTH policy against all Democrats .and do it before they try impeachment bullshit .Go after the SNAKES HEAD first …FIRE all DEMS that you can in Government …Pardon all thier enemies ….!! Declare war on the Press take away thier Licences to do business for the slightest infraction of the LAW. FINE them millions and take thier money away..!
FIRE MUELLER and arrest him for Constitution violations of your CIVIL RIGHTS of a duly elected Pressident ……
R640
Letter writers and silver COT’s = Kiss of Death
When I saw Rubino’s article about the COT’s on ZeroHedge I knew we were in for a slam.
The shares haven’t confirmed a pm rally in years
Looks like the punters are selling stocks and moving into USD’s
It looks like the $$$ to be made are still in real estate & oil
“In this Aug. 3, 2017, file photo, a woman walks out of the Hotel Nipton in Nipton, Calif. A Phoenix-based marijuana technology company bought the town of Nipton for $5 million with ambitious plans to turn its dusty, nearly deserted 80 acres into a pot-friendly resort destination just an hour outside Las Vegas. But the company announced earlier in March 2018 it has sold Nipton to Delta International Oil & Gas in a cash and stock deal worth about $7.7 million. (AP Photo/John Locher, File)”
D’oh!
“John Thompson of Vistas Capital Management told MarketWatch that, unless Elon Musk “pulls a rabbit out of his hat” the company could be bankrupt within four months.”
Maddog, Venting Is Fine. Understandable. Don’t Worry, They Will Get Theirs :)
They are already having problems that they deserve. The masses with inadequate wages, artificially low rates, Fed balance sheet huge, big US trade deficits, and a US national debt to beat the band. 🙂 🙂 I LOVE this. 🙂
Nemo … Nice when your junior finds the goods
TomaGold reports the results of an initial resource estimate by IAMGOLD for the Monster Lake project
https://ceo.ca/@newswire/tomagold-reports-the-results-of-an-initial-resource
Silver–a lot of G&S letter writers went bananas last week over the silver COTs
there was all the hysteria about selling the ranch and mortgaging the kids to plow it all into silver because of the “great” COT report…a lotta good that report did!
Mr Copper morning
They just get on my goat and I have to vent…….so don’t mind me…
Yr right PM’s have been good for a while now.
I sense huge complacency out there, especially in the SM….it all smells of a massive top/end of Bull mkt….a lot of nasty stuff is gonna float up before too long.
My Elliot wave work says we are near the end of the bull, they may yet conjure one more run….but it will be on thin air.
FYI Keep Your Eyes On Smith & Wesson. Just When Things Look So Bad.
Imo the Bottom was March 2nd. Note the high volume that day. Final capitulation? Many fed up, bailing out on the lows after extreme long pain, and at the same time, some New Blood barging into a cheap price with nothing to lose?
These brainwashed kids led by Soros, marching in the streets like the KKK, might be taking Obamas place as best gun salesman of the next 8 years. Remember? Obama scared everyone into buying guns?
R640…..Agree too much riding on no PM rally.
Clear scum attack since ystdy morning, plus they have to rescue the SM for end month and they only have today and tomorrow, $&P is v near 200 day Av..so perfect place for a ramp.
They held the initial selling and now are trying to get upside traction going….so classic set up for bonkers upday.
Maddog re the Scum Gold Manipulators? They’re Not Doing So Good Sine Late 2015
Take a look. Net net Gold was $1,060, the bargain of a life time, considering $600,000 average for old houses with $18,000 annual taxes plus insurance and maintenance.
Gold today at $1,332 is 25% higher in 2.5 years. Naturally a nice straight assent line would be nice for us, but bad for THEM so they keep throwing the market a curve ball. A straight line would give confidence and Gold would be $3,000 or more today without the constant bashing.
The 12 years of 17% APY time was bad for because a lot of outsiders came into our sand box who didn’t normally be there, and drove gold too high too fast ahead of its time so it went into correction. I think the excess has been digested and Gold’s back on track since late 2015. Happy mining.
Even the period 2001 to 2013 Gold was doing 17% APY but on a zig zag course. Like a battle ship zig zagging to fool the enemy submarine.
https://www.mrci.com/pdf/gc.pdf
A light in the tunnel .. for me
TOMAGOLD (LOT on Canadian ex) upp 25% on news
NEMO
Hope is not a strategy I use-especially with short dated options that expire April 6th–I took my medicine…
if stocks crash and burn later & the $ sells off, gold may comeback…but that’ll be tuff ti**y for me…
| 03/28/2018 09:37:52 | Sold 80 JNUG Apr 06 2018 14.5 Call @ 0.37 |