I’ll take your word for it!
Joe proves the doubters right
Biden Praises ‘Vice President Trump’ During Rambling Post-NATO Presser
ipso facto
Re Chinese Hunt
There is no way, only 31 tonnes has pushed, these mkts up here….it’s way more than that……
Captain Hook … Wow something smells a bit!
“According to Bloomberg, Morgan Stanley’s private wealth clients account for about 70% of the fund’s $1.6 billion, and the bank has been trying to get them out for more than a year, according to Bloomberg sources.”
Sh*t coins are great …
… no … really.
Scaramucci Gates 70% Of Investors In His SkyBridge Crypto Fund | ZeroHedge
But don’t ask your broker how the hell to get your money out of those things.
Chuckle … snort
Buygold @ 13:34
Yes looking good in PM land today as it should be.
I am looking for value to take the baton from growth right here – right now.
Look at the Russell (IWM) up 7+ points today – so the ratio against the tech crap is tracing out a key reversal.
This is no small thing and should see deep value in PM stocks catch a bid very soon.
Like tomorrow on a good weekly close.
The commies are not going to stop printing money going into the election – so it will have to go somewhere.
Cheers all
deer79 @ 12:46
It looks like if the juniors start to run … they could go for a long time! I wouldn’t mind a 2 or 3 year bull market!
A little short covering into the Crimex close
HUI up near the highs of the day.
I really don’t mind seeing the QQQ’s get whacked for a change. Stocks like Netflix up near $700 a share? Seriously? That index has a lot of correcting to do, some of that stuff is seriously overvalued.
Maddog – it’s well past time for us to get some of that tech money, and it won’t take much.
MoMo funds getting taken to woodshed
Check Dollar yen…down nearly 2 % on day…that is a huge currency move and as the Captain says Tech is getting wacked hard….and as Tranny and Utilities are well up, this looks like rotation…we may catch some money….we probably are.
Deer79
Thank you
Captain
No doubt. They are drip selling into the Crimex close to temper enthusiasm, but I’m watching NEM and AEM and they aren’t drifting lower with the metals. That gives me hope of some sustainability.
As always, we need this to last for a while, otherwise we’ll start getting those “double top” call that we always get.
Ipso
Thanks for posting the GDXJ vs. Gold chart. Simply amazing…..
Just don’t know when (if ever) some $$$ will come into this sector!!!
Buygold
ELRRF is Elero Resources
LOMLF is Lion One Metals
Captain Hook @ 12:22
“one mans’ opinion”
I know it’s at least two!
Volume in the shares
is a little better but still nothing to write home about. There’s still a lot of caution and rightly so.
We’re not seeing big buyers coming in just yet
Another hour to Comex close …
… and they are working it hard.
Would not doubt the machines trade 2 years global production on just this side of the pond today – never mind in London.
That’s a real market for you.
Can’t have the plebs getting out of hand.
Need to ‘tamp it down’.
Chuckle
ipso facto @ 12:02
Exactly … da boyz have done such a good job at bashing people’s brains in over the past few years that I can’t blame anybody for hesitating here.
That said, as long as you are not buying moose pasture, if the shares are not at a bottom with the exception of large caps, then they are likely close.
A few years out – 2026ish – my opinion is anybody buying here should be happy.
One man’s opinion
Back below the 2% mark
Shares steady.
Do we push the rest of the day or do we just sort of fade?
I want momentum!
Captain Hook
I don’t say I’m bearish or bullish as far as the stocks. I moved to only phyzz for now. I could target trade but choose not to But I guess my training was a little bit tougher than yours. We couldn’t afford to make mistakes that affected other people. We didn’t assume everything was okay just because someone said so. There’s nothing ” cute” about that.
Maddog
It seems to me the Government wants to micromanage and control everything to be in sync with the stock market. They don’t like anything they can’t control. Of course the dollar which gold is their ejemy and their short term bonds will go up but they don’t mind that. They even did it to Bitcoin.
goldielocks @ 11:19
I can’t agree with that.
I think back to the Gold-eagle days in summer of 2002 – with sentiment in the tank – how a few carefully placed words helped a lot of people.
But we need all kinds – and right now – I have to view negative sentiment and hesitation as a classic contrarian indicator given the backdrop outlined earlier.
We are just in the early innings -best not getting cute at this stage.
Cheers
Deer79
What is the symbol of your play Elero?
Gold up over 2%. Can we hold it and continue higher tomorrow?
Hopefully
Our little sector will start to get the attention of the momentum players now. I don’t see anything that’s really overbought. Plenty of room to run hard here.