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About friggin’ time, Fred.
Michael Ballanger added,
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The Vampire Squid (GS:US) struggling despite a global melt-up underway…
Ballinger tonight
Looks like we’re on the move again a little tonight
Gold up $6.20
Keep it going boys, let’s see if we can at least see $1400 before pulling back…
IAMGOLD stock sees biggest jump in 4 years on rumors of Chinese bid
Shares of IAMGOLD Corp. (TSX: IMG) surged over 9% on Thursday — its biggest jump in four years — amid whispers of a possible bid from China. The nation’s second-biggest gold mining company, China National Gold Group Corp., is said to be considering a bid for a stake in IAMGOLD, according to BNN Bloomberg’s latest report.
So far the report only says the state-owned gold miner is in discussions with financial advisers regarding a potential offer. China National Gold has not responded to the bid rumors.
IAMGOLD stock sees biggest jump in 4 years on rumors of Chinese bid
This justifies the. FEDs’ dovishness
U.S. economic news:
Philly Fed manufacturing index weakens to just above zero in June
June 20, 2019 8:42 a.m. ET
Index falls to 0.3 in June from 16.6 in prior month.
MarketWatch
The numbers: The Philadelphia Fed manufacturing index in June fell to just 0.3 after registering a four-month high of 16.6 in the prior month.
Maya @ 18:47
A squillion is a lot more than that. With what you’ve got there you could move to Zimbabwe and become a mogul …. errr I mean hobo. 🙂
R6
I’ll believe I can see gold rise like lumber did when I actually see it.
Until then, the scum is omnipresent, and their rig still owns the market. Sad to say. Hope I’m wrong.
Still waiting for the beat down shoe to drop.
ipso facto @ 16:12 – How much is a Squillion?
I’m only a 100-Trillionaire. 🙁
Got this off a gold site just now
Speaking of uprisings lumber futures, and the cash lumber market have gained 34% in a single week. You have to let that sink in for a moment. It’s the largest single weekly gain in the history of lumber, and certainly one of the biggest weekly gains in ANY commodity, ever. To get a perspective of the enormity of the move you have to imagine gold rising from $1350 to $1810 in a week. A comparable silver move would be from $14.96 to $20.05. Anybody who thinks it CAN’T happen in the metals is wrong, and lumber just proved it. Lumber didn’t rise 34% in a week due to demand. In fact demand is tepid at best. The single factor triggering the rise in lumber was the constriction of available physical supply. With the multi-decade gold and silver suppression scheme in its late stages gold and silver could easily attain their meteoric lumber moment.
Richard640
I got the 5 calls on April 30 for .14 (Cdn) which is just over 10 cents US. Not complaining. It is a great flyer to take. When you get options way out of the money that far out in time, they should be cheap, and they were. If we have any inkling of a future move up in that time frame – good gamble. I was happy you put that out there cuz I see the merit in it right away. I think we make a killing on those Sept $5 calls.
Happy Hour
Hey All
i have contributed to every single fundraise
count me in for a C – Note
Winedoc
Thanks R6
We’ll see what’s required when Weston gets the bill to Ipso and how we’ll handle payment.
Wanka always handled things in the past.
buygold, re fundraiser
send me a snailmail address. i don’t do plastic.
my handle
at
nettally
dot
com
Richard
You keep track of these traders so thanks for the information if I ever see any of his post. However I’ll stand with caution and a potential for 1450-1510 ish potential long less we have all out war or some reason like that. I’m glad he’s bullish and would be nice to see though but I’m not getting starry eyed.
Does. anybody rememberhow this bull run started on election night 2016?
Remember 2017 and 2018…how stocks went up day after day after day?? Sure there were a few correction but then back to the daily grind higher…AND NO ONE was on TV pulling ttheir hair out and panicking about high RSIs? Yes, after a while, there was concern shown about the drop in volatility…but short sharp corrections came and reset the vol…so why the RSI panic after one big day in gold…yeah, we’ll have a short pullback…go sideways a few days and then up again…that’s how it seems to me.
Warren–sorry u followed me on the $5 buck ones-I was 3 or 4 wks early–I got 300 0f when CDE was 3.50-
it dropped to 2.80…them I bought 500 of the $4 calls at 15 a copy–they traded last at 50…u should be ok with the $5s, though…WOW! I didn’t even check the 5s…I paid. a dime for em and last trade was 22…I hope u feel better–u paid a dime or did u pay more? Silver and gold got a lonnnnnnng way to go and they will make a huge move in. a month or two….no 3-4-5 yr clawing up the mountain this time…a full blown mania is about to manifest itself…JMO–DYOD…TOO MUCH HAS CHANGED…Modern Monetary Theory is now the openly confessed policy of many of the worlds governments and the $ will be slowly sinking [not disappearing] below the horizon
we will see nose blee levels…the higher mkts go the higher the fear…don’t get caught up in that…