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BNSF Silver train on the surf line
at Del Mar… “The Sea”
https://railpictures.net/photo/703461/
Well THAT’S a relief!
Michelle Obama: “There is Zero Chance I’ll Run for President”
“It’s just not for me.”
Well there goes one big conspiracy theory. Whew!
Buygold–Har! It’s all. reversing–the $’s coming off its lows-gold has reversed its. 10 buck gain and is down $1.20
Stock. futures have climbed 300+ pts off the nite trade lows…now we understand how it. took gold 10+ yrs. to. top out in 2011 at. 1900…that. 11 yr ordeal for. gold would. take Bitcoin about 2 to 5 days…
The fact that gold was only up 16-to 18 bucks by days end is pathetic…on. such. a day. gold. couldn’t log a $25. or $50 gain??
And don’t. get me started on silver or I’ll get apoplectic…that. said, gold IS going higher…but how long or how labored the the ascent will be. is beyond my ken.
Arch Crawford likes the gold
Arch saying BIG trouble for stock market in January 2020 1 hr 25 mins in
After Hours
I’m seeing gold up $9 and silver up $.11, looks ok to me. SM futures appear to be getting hammered again as well.
Maybe I’m misreading
Selling also increased significantly with insiders selling $3.09 billion of stock last week compared to $584.61 million in the week prior.
Welcome to edition 476 of Insider Weekends. Insider buying increased significantly last week with insiders purchasing $128.07 million of stock last week compared to $75.89 million in the week prior. Selling also increased significantly with insiders selling $3.09 billion of stock last week compared to $584.61 million in the week prior.
Sell/Buy Ratio: The insider Sell/Buy ratio is calculated by dividing the total insider sales in a given week by total insider purchases that week. The adjusted ratio for last week went up to 24.18. In other words, insiders sold more than 24 times as much stock as they purchased. The Sell/Buy ratio this week compares unfavorably with the prior week, when the ratio stood at 7.7.
Surprisingly the RSI on JNUG is only 64 and on NUGT=62
https://stockcharts.com/h-sc/ui?s=jnug
I dumped my 250 MUX aug 16 $2 calls for a dime–paid a nickle–they. were worthless last week…
treefrog
it’s a late session raid as they hit everything, buying Dollar and SM selling PM’s…standard operating procedure….PM’s cannot close on Hi’s …
Buygold
and now they hit it all…dollar going bid and even the SM is levitating, as if by magic….it’s all so darn obvious..except they now have 3 Billion bugs after them….who only buy Physical.
hui?
late session raid? or just the daytraders getting off the bus? some of each?
Maddog – NEM
Definitely the tool to keep GDX and the HUI in check as much as possible.
We’ll wake up one of these days and it will be up $3-4 out of the blue when everything else underperforms.
Doesn’t look like this SM is coming back anytime soon.
Kashmir On Lockdown: India Strips Muslim-Majority Region Of Autonomy, Troops Move In
So this now brings in another 1.6 billion people potentially effected by a war between India and Pakistan, all of whom love Gold. 1 oz each is a nice round 50, 000 tonnes.
The Dollar and the Yuan
are now in a RACE to the bottom…..but but what about all the DOLLARS fleeing HONG KONG where will they go ? They have to buy DOLLARS to buy most other assets even GOLD !,So how does Trump keep the DOLLAR DOWN ? Does HE buy YUAN ? OH what a crazy thought….! Oh I get it ….He can NAKED short the Dollar ..that’ll do it .If that gets risky he can always print Dollars and deliver to cover his shorts ! Yeah that’ll work ! SHHH dont tell the Gold BUGS…
Violent Chaos Breaks Out In Hong Kong: Police Stations Set On Fire, Triads Beat Protesters, City Paralyzed
Remember that if every person in China buys 4 oz of Gold, that equals @ 22,500 tonnes more Gold than is in existence.
Edit just checked China pop…it is now 1.42 Billion……
scum still sitting on NEM….
That’s why Bitshit can do 7/8 % in a day….no scum.
What happens next in HK…Kyle Bass
https://www.zerohedge.com/video/2019-07-17/kyle-bass-talks-future-fears-about-hong-kong
HK Chinese love Gold and it is the perfect hedge against a devaluation and Bass is saying the Peg may go between the HK dollar and US Dollar.
biycoon up $1500 today. crazy
Gold needs to take some lessons from it