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Follow the canyon.
https://railpictures.net/photo/775631/
The tyrant and the ones behind the scenes are still up to no good.
Heating prices will go up this year as is thanks to them. They want to double down on that too.
Biden’s manager is considering shutting down another pipeline, drawing dire criticism and warnings as winter approaches
drb2 @ 12:01
It’s quite simple.
Look at the relationship between the price of GDX and it’s open interest put / call ratio displayed in my previous post.
You should see the positive correlation. (which is why this possible breakout should fail unless the call buyers sell quickly – unlikely)
That necessarily means that you have a ‘causal relationship’.
That means the computers controlling prices of the underlying security, in this case GDX, are controlled by the open interest put / call ratio. (open interest ratios are the true reflection of sentiment because the players are holding their positions overnight showing conviction – volume based ratios don’t matter)
There is no arguing this point – if you understand anything.
Of course there are many in the newsletter/blogger business that will never admit or talk about this because they cater to the greedy bastards that trade the derivatives.
They cannot justify the fees for their services if they don’t play the game.
This is where the term ‘clusterfuck’ comes from — circumstances such as this.
THIS IS WHY I DO NOT DO THIS.
This is why precious metals remain locked down and shit on a stick goes to the moon…because speculators shorting and buying puts on this crap (tech stocks, cryptos, banks, etc.) are stuck in the perpetual short squeeze we have been enjoying (heavy on the sarcasm) since 2009.
There you go.
@ Capt. Hook RE: your 10:44 post (stop buying this crap)
I can understand that buying derivitives (options; ETFs) of the real thing (physical PM) decreases the pressure on physical supplies.
But could you elaborate on the actual mechanics of how they manipulate the derivitives?
I would like to forward to a couple PM manipulation skeptics.
TIA
Stop buying this crap…
…please…stop buying this crap…GDX calls.
Idiot speculators are pouring into GDX calls because they see a breakout coming and want leverage.
As with all other such instances over the past ten years however, you are just going to lose your money as well as condemn the rest of the sector to a slow death. (been dying for a decade now.)
Wanna know why bitcon is 60k and and bunch of eight-year olds now run the country (world) and are trying to kill you with death shots.
It’s because you cannot control your greed and you are stupid.
Einstein said, “insanity is defined by doing the same thing over and over again and expecting a different outcome.”
The bankers know most traders are idiots, which is why price discovery today is primarily a function of speculator betting practices.
So you see, they don’t have to rig the markets past providing these gambling vehicles and the idiot speculators do the rest because they are generally young (I am not sure about this one anymore), stubborn, and greedy morons trading more on emotion and bravado than common sense and logic.
Please, for the few of you who may read this, stop it.
Because this behavior will not only end you, but quite possibly man kind if the tyrants are able to keep precious metals contained moving forward.
Low precious metals and interest rates means their free money machine called central banking remains in tact, and they will continue to buy off all the bureaucrats and politicos world wide to ensure the installation of their New World Order and the global control state that is their ultimate goal.
So buy real bullion (gold and silver). But just as important – buy the real shares – not their derivatives (call options), ETF’s, and the like.
Your life literally depends on it whether you realize it or not.
And just think – you will stop being an idiot.
Cheers all
The Tyrant takes a hit … score 1 for liberty
GOP-appointed judges freeze Biden vaccine requirement after federal lawsuit
A federal appeals court suspended the Biden administration’s new vaccine requirement for private companies, delivering a major blow for one of the White House’s signature attempts to increase the number of vaccinations to corral the pandemic.
The decision was issued by a panel of three judges appointed by Republican presidents in the U.S. Court of Appeals for the Fifth Circuit. The judges wrote that there was “cause to believe there are grave statutory and constitutional issues with the mandate,” staying the order while the court assesses it in more depth.