Loading ...If so, that means that big money guys “want in” and they are not firghtened by the high margin requirements of the comexx..or so the theory goes…we’ll see by morning…
Au and especially Ag are so cheap that margin trading is not needed, plus lots of people are used to the ETF’s, where u pay 100 % …..and this move has left most behind, so there are few longs to puke…..that said the scum are defending June $ 1700
Reverse Head & Shoulders Pattern On Gold
Points To A Massive Rally
The Big Surprise
Nevertheless, though incomplete the pattern now being formed is communicating a clear message. Gold is forming a huge base of accumulation, and bases like these result in higher prices, which signals the margin liquidation in the gold market has ended. Looks like it should only be days before gold hurdles $1700. But the big surprise for investors will be that when this happens the gold market will see new record highs above $1910 very quickly…
It’s still up 21.50…that’s nothing to sneeze at
last 1/2 hour blitz today…buying flooded in an ran it right back up…comex gold is $13 off the high…but what is so important is that 1700 is, IMO, a confirmed triple top break out–gold as I write is 1729.50….if gold were only 1702 I’d be nervous that w’d see 1670 by morning…so it looks like we have
RECOGNITION TIME
If so, that means that big money guys “want in” and they are not firghtened by the high margin requirements of the comexx..or so the theory goes…we’ll see by morning…
from not being able to see how gol could possibly escape the chains of the cartel…I now find it difficult to imagine gold being massacred over night and selling for 1650 or 70…
The scum are smacking London back, its $ 18 off the 1685 Hi…but Crimex is only 6 off the 1737 Hi….June is now $65 premium to london Spot…..out $ 35 since Ny closed !!!!!!
i have no idea what is going on……but it is epic…..Crimex June is trading a premium out to Dec 2021……
Good one lol
Learned in a bad earthquake TP is non barter-able less to close friends or family.
Gold 1707.7 woo hoo and hope not but could dip in second week. We’ll see. Everything still choppy and news reactive. News with the virus can only be hypothetical right now subject to change until there is a clearer direction.
I STILL HAVEN’T DECIDED WHERE TO GO FOR EASTER
THE LIVING ROOM OR THE BEDROOM.
FIRST TIME IN HUMAN HISTORY
WE CAN SAVE THE HUMAN RACE
BY LAYING IN FRONT OF THE TV
AND DOING NOTHING
LET’S NOT SCREW THIS UP
WANT TO FIND OUT WHO YOUR REAL FRIENDS ARE
ASK THEM TO BORROW A ROLL OF TOILET PAPER
Several stories have stated that Gold breached $1700 today. I never saw it get above $1662?
Then the last 2-3 minutes a mini buying panic started and they brought it back to 5.10…wild action–
4:09-gold is 1809.80
The hesitation shows disbelief, which is bullish.
Cheers
but I don’t think it will be fatal…gold is 1706
The HUI is holding near its high
plus the ramp of the SM….S&P jumps 30 pts like Dow plus 300….
Ya and that’s with Comex having no deliverable gold.
What does that say about London.
Chuckle
Of course, then, there is Joe Biden, the implausible nominee-presumptive of the opposition. Who are they kidding with this emperor’s new clothes scam? It’s obvious now to anyone over twelve in this land that Joe Biden is missing a few transistors on the old motherboard – not to mention the slime-trail of grift and money-laundering that he laid down in his adventures abroad as vice-president
https://www.zerohedge.com/markets/kunstler-understand-ponzi-schemes-dont-bounce-back
The shares are being held back…as per….but the spread Crimex over London is roaring out…..London June is out to $ 45 from 20 last week….someone is squeezing crimex…big time…
I have lost my Apr real time pricing….but on a delay Apr is $ 18 under June…so Crimex is at least a $23 premium to london….for delivery…
see if the cartel gets carried out on a stretcher, finally
day is tentative…well, that’s th negativ conditioning we all fall victim to…and that’s why a true new bull move launches with very few on board…I dunno if this is the real McCoy but that’s why I held my nose and bought on Friday and why I am going to give this move everybenefit of the doubt…I’ve been left at the station with my thumb in my rear end a few times before and vowed it wouldn’t happen again…
Agreed, especially the poor selection and small time activists and media. Media behind the scenes intermarried with politics.
Armstrong made mention of that once. He said there are qualified people out there like Trump but they won’t touch it for the same reason in short the pack of demi dogs are chasing Trump now. Not worth the headache.
I think TPTB and their special interests media know for a long time now they are “losin it”. I would not want to be in their shoes. Big responsibility. They must be scared stiff. They think they know better than the general population. Plus they are stubborn and must have too much pride, and I have NEVER heard the Gov’t or Media ever admit they make a mistake, of which there were many.
When you work in a machine shop or sheet metal shop, and you make a big mistake you can’t lose your temper, stay calm, and you have to tell the boss BEFORE the things get shipped to the customer, get inspected, get rejected, and returned. You have to be a MAN about it.
If you get fired? So be it. A couple of times I saw someone get fired on the spot. One guy bent up 7,000 swimming pool parts backwards. 🙂 Another beginner stamping a part number on thin parts, decided to stamp the number on his thicker “hobby” piece, and busted the entire casting of power press. Totaled it. Gone in a NY minute. 🙂
I’m going out now.
parts:
“Elton John was right because for some, sorry does seem to be the hardest word. They say it takes a big person to admit to their mistakes, but for some people, saying they’re wrong feels impossible. Be it your partner, your boss or, god forbid, your in-laws, dealing with somebody who, even when faced with overwhelming evidence of a bungle, just can’t cop blame can be frustrating.
For some conceding that they’re fallible can evoke a deep psychological anxiety regarding “the risks or the consequences associated with loss or failure,” says Dr Sharp.“I think the reason some can’t apologise isn’t actually because they don’t like to be wrong, but because it’s seen as an inherent character fault,” he explains.
Dr Sharp says, for non-apologists the irrational need to be always “perfect” rules their ego and they feel their fuck ups are unforgivable. “The difficulty in admitting failure largely comes from the unrealistic expectation that I should get it right all the time,” he says.
