The $ index is up just .104-stocks may start to roll over soon-time to buy some Apri 13th JNUG or SLV calls?? Hmmmm…lemme see
Usually on days like today G&S never recover-but if the $ and stocks roll over they might–if not today then tomorrow–anyway, good risk/reward–and 10 days is an eternity in financial mkts–it only took 3 days for stocks to crash in February…
LurkerSince95-I remember your occasional posts-I grew up in Peoria, Illinois-how bout you-
there were 2 mom an pop groceries less than a block from out grade school-we used to get a slice of baloney on white with a shmear of mustard for a dime
+++++++++++++++++++++
Ororeef–you’re about my sisters age–where’d u grow up?–were trolleys still runing then-I remember em in Peoria?
From ZH readers:
The only reason “technicals” works in the short term is that many others are using “technicals”, call it “herding analysis”. “Technicals” breakdown in a crisis because the stock market is non-linear.
It feels good at first, but then you get hooked, and finally you overdose and no amount of manipulation can prevent the crash.
r640
i beat you:
5/12/43
i have been following the earlier versions of gold-eagle, gold tent, and before that chat lines on y2k/gold/etc
Yep … it’s not too late …
‘Being cash-free puts us at risk of attack’: Swedes turn against cashlessness
1200 Shares Of Heartache
Tanzanian Royalty Exploration (TRX) $0.3804
Morning Buygold
Yup nothing changes…though a good Dollar fight is on tdy, as it keeps being sold and then the scum are back in….quite a lot of volatility….someone is selling.
Gonna be out tdy……gotta travel….back tommorow….no doubt for more of the same.
Cheers
Portugeezer
Re SEC
Good point….but it’s still going……
however tdy stinks of a monster recovery attempt….SM has been up all night and the FTSE is barely down now……and I have lost count of all the Dollar ramps, Gold hits already and the US ain’t even open yet.
Morning Maddog
The pm trend remains – no follow thru ever allowed. SM snaps back after every meaningful selloff and King Dollar remains supreme.
Is HUI 175 even cheap?
Gold Train
The Napa Valley Wino train
http://www.railpictures.net/photo/651293/
scum attack began at 07.55 London time, 5 mins early or was that the front runners ????
bidding Dollar and bashing PM’s….no follow through rule in play.
But so far no real bounce in SM……
Checking boards….whole world dumping Google and Farcebook, their traffic stats are gonna fall apart.
Buygold @ 20:10 re China is challenging us and the USD? Go Ahead China, Make My Day.
They are all full of crapola. Trying to scare us by threating to stop using our dollars. Har har hardy har har. 🙂 🙂
If the so called “US Dollar” ever crashed, it would be EXTREMELY bad for the other countries on the planet, but NOT the USA at all. The Americans would enjoy a BOOMING economy.
The cost and VALUE of typical cheap, allegedly high quality imported consumer products would skyrocket. Then Americans would have huge opportunities to open millions of production facilities, and produce the same products a lot cheaper.
Americans would be paying other Americans for their needs. And the more they cost? The more we would be paying fellow Americans like it used to be for a short time between 1945 and 1975.
This is all simple crap. Its would all be just opposite of the present situation. Opposite? Yes, we bought cheap imports, factories closed down, jobs became more scarce, people accept lower wages, and if in business end up with lower profits.
Then come less tax receipts, but more gov’t borrowing and more citizen debt, plus more fake gov’t jobs, false prosperity, with real estate and stock market gains, which crash, which has been a fools race to the bottom.
I would contribute $5,000 of my own money to my country if it helped crash THEIR US Dollar, for my fellow Americans. Its simply NOT our Dollar. It did nothing for the country and killed peoples living standards.
R640 – COT’s
Gold was worse than ugly. Silver not too bad.
Really surprised gold was up today, but wouldn’t be surprised if it is driven right back towards $1200
Banksters don’t lose in the pm markets
You Vil Comply
Turf war: Court says Missouri couple must plant grass, even though wife is allergic
A Missouri couple decided to turn their entire yard into a flower garden.
It turns out, that was against a city ordinance, which says half of residents’ yards must be grass turf.
But the wife is allergic to grass.
Now a federal judge has ruled: tough.
http://www.kansascity.com/news/state/missouri/article207665734.html
COTS
Silver
*The large specs decreased their long positions by 3,027 contracts and reduced their shorts by 1,886 contracts.
*The commercials reduced their longs by 1,993 contracts and increased their shorts by 1,650 contracts.
*The small specs increased their longs by 2,456 contracts and reduced their shorts by 2,328 contracts.
GOLD
*The large specs increased their long positions by 35,150 contracts and reduced their shorts by 19,473 contracts.
*The commercials reduced their longs by 15,864 contracts increased their shorts by 43,226 contracts.
*The small specs increased their longs by 3,513 contracts and decreased their shorts by 954 contracts.
Comments…
*The report is a week old tomorrow.
*Silver was a dud and not good to see the small specs do what they did.
*Yikes in gold. The large spec/commercial switches led to last week’s price plunge.
Buygold @ 13:27 Re What The Market Looks Like To Me
R640
I think you’re right about tomorrow, that’s been the trend.
Would have liked to see a stronger close, but we’re dealing with pm’s so….