Market Sentiment shifting

More
3 weeks 5 days ago - 3 weeks 5 days ago #125763 by alexgreat
alexgreat replied the topic: Market Sentiment has shifted
Interesting article from GATA on Central Banks, 7 years ago, but still relevant
Last Edit: 3 weeks 5 days ago by alexgreat.

Please Log in or Create an account to join the conversation.

More
2 months 4 days ago #125644 by Gambler
Gambler replied the topic: Market Sentiment has shifted
Banksters

JPMorgan Chase (NYSE:JPM) is poised to pay almost $1B, in what would be a record penalty for an investigation into so-called spoofing of metals futures and Treasury securities, Bloomberg reports. It's also expected that JPMorgan will admit to wrongdoing, an admission many companies generally avoid when settling charges that they violated securities laws. Spoofing usually entails flooding derivatives markets with orders that traders don't intend to execute to deceive others into moving prices in a desired direction.

Please Log in or Create an account to join the conversation.

More
2 months 1 week ago #125615 by GoldnBoy
GoldnBoy replied the topic: Market Sentiment has shifted
Dethroned Dollar Is Making Waves Across Markets, in Five Charts

www.bloomberg.com/news/articles/2020-09-...rkets-in-five-charts

Please Log in or Create an account to join the conversation.

More
2 months 3 weeks ago #125541 by GoldnBoy
GoldnBoy replied the topic: Market Sentiment has shifted
For the first time, Buffet buys into gold and now a 2nd pension fund, the shift is coming with a slow start but never the less

Last week, Ohio's $16 billion Police & Fire Pension Fund approved a 5% allocation to the monetary metal. This relatively small gold allocation provides at least some measure of portfolio diversification and could pay off in an outsized way if the gold market enters into a price-compounding mania phase.

Pension Jar Fund

Ohio will join Texas, through its Texas Teacher Retirement System, in having the only known public pension programs that hold precious metals.

Each fund appears to be targeting about $1 billion in gold holdings.

www.moneymetals.com/news/2020/09/01/pens...-look-to-gold-002119

Please Log in or Create an account to join the conversation.

More
3 months 1 week ago #125469 by alexgreat
alexgreat replied the topic: Market Sentiment has shifted
Fed is going to endorse higher inflation. Really they only need to calculate it more accurately to succeed

www.bloomberg.com/news/articles/2020-08-...on-strategy-official

Please Log in or Create an account to join the conversation.

More
3 months 1 week ago #125462 by Gambler
Gambler replied the topic: Market Sentiment has shifted
More detail on Scotiabank's manipulation. I would say another reason they got out of gold trading

www.bloomberg.com/news/articles/2020-08-...ld-spoofing-u-s-says

Please Log in or Create an account to join the conversation.

More
3 months 1 week ago #125458 by GoldnBoy
GoldnBoy replied the topic: Market Sentiment has shifted
Bank of Nova Scotia agreed to pay $127.4 million to settle U.S. allegations that the company engaged in spoofing of gold and silver futures contracts, and made false statements to the government.

As part of the accord, Bank of Nova Scotia will pay a $17 million fine on Commodity Futures Trading Commission claims that it dramatically misrepresented the scope of the alleged wrongdoing. The bank made multiple false statements during the CFTC’s investigation of a spoofing case that was resolved in 2018 for $800,000, the agency said. The regulator said the new punishment reflects Bank of Nova Scotia’s lack of cooperation in the earlier probe and actions it took to conceal its misconduct.

“Entities seeking to cooperate with the CFTC, like all others that interact with the commission, must tell the truth,” James McDonald, the agency’s enforcement chief said in a statement. “When entities are not completely truthful, they will be penalized.”

www.bloomberg.com/news/articles/2020-08-...-u-s-spoofing-claims

Please Log in or Create an account to join the conversation.

More
5 months 2 weeks ago #125172 by GoldnBoy
GoldnBoy replied the topic: Market Sentiment has shifted
Good interview on the Comex failing in late March

Please Log in or Create an account to join the conversation.

More
6 months 2 weeks ago #125068 by alexgreat
alexgreat replied the topic: Market Sentiment has shifted
Great interview with Jim Sinclair

Please Log in or Create an account to join the conversation.

More
6 months 2 weeks ago #125067 by Gambler
Gambler replied the topic: Market Sentiment has shifted
Great article at Sprott

sprott.com/media/2684/whitney-george-inv...s-value-investor.pdf

"Sprott has three primary businesses, all tied to precious metals. The biggest business, with about $7 billion in assets, is managing physical bullion trusts that trade on the New York Stock Exchange and that allow investors to buy claims on physical gold, silver, platinum and pal-ladium. The metal is stored at the Royal Canadian Mint and the shares of these trusts are exchangeable into that metal for delivery"

This is the CEF

Please Log in or Create an account to join the conversation.

More
6 months 3 weeks ago #125010 by Gambler
Gambler replied the topic: Market Sentiment has shifted
I looked at some pricing at TD Bank yesterday


Kitco has spot today at $1700. 50 at 1.37 US to C$ exchange, that is C$2330 per ounce.

TD advertising 1 ounce gold bar coming soon at $2543 so a $213 premium or 9%, a bit lofty

the 5 ounce bar is at $2487 per ounce

They list a kilo bar for sale at $78, 604 so that is $2445 per ounce, the best deal

Please Log in or Create an account to join the conversation.

More
6 months 4 weeks ago #125005 by GoldnBoy
GoldnBoy replied the topic: Market Sentiment has shifted
The Auzzies to the rescue. Perth mint sending kilo bars to Comex, maybe we will be able to buy physical again without huge premiums.

www.bloomberg.com/news/articles/2020-04-...rk-in-supply-squeeze

Please Log in or Create an account to join the conversation.

Moderators: RonS
Time to create page: 0.276 seconds
© 2019 Playstocks.net. All Rights Reserved. Designed By JoomShaper