Market Sentiment shifting

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4 years 2 weeks ago - 4 years 2 weeks ago #591 by RonS
RonS replied the topic: Market Sentiment shifting
Here is another chart showing the Commercials record or near record short position. It is noteworthy that this last stretch at these high short levels is gone on longer than other periods before we see Gold slamed. Note last October when they hit 200,000 contracts short and Gold soon taken down. Perhaps they trying to hang into thinner summer trading
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Last Edit: 4 years 2 weeks ago by RonS. Reason: spelling

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4 years 2 weeks ago #590 by GoldnBoy
GoldnBoy replied the topic: Market Sentiment shifting
Nice chart, look how they tried to gap it down from the $1302 close Friday to around 8:30Am Monday when Comex gets going. Margin increases, shorting all that work and now around $1295, just $7 below the Friday close. They have to know everyone is onto their manipulation game. Sell Fridays and buy Monday morning must work often

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4 years 2 weeks ago #589 by RonS
RonS replied the topic: Market Sentiment shifting
Check this chart, the intraday shows the usual Sunday wee hours manipulation, but failed again, as of this time Gold right back up
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4 years 2 weeks ago #588 by RonS
RonS replied the topic: Market Sentiment shifting
No wonder Gold got whacked today, according to Embry, a number of banks doubled the margin investors require for Comex contracts. What crooks, they probably short the market and then force their clients to sell by doubling the margins -
kingworldnews.com/serious-problems-emerg...oubled-gold-margins/

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4 years 1 month ago #503 by Gambler
Gambler replied the topic: Market Sentiment shifting
Looks like it will trade as GOLDR and a 2% one time up front fee is not bad, it should compete some with BitGold as well. Another positive - it will be more physical metal off the market.

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4 years 1 month ago #501 by RonS
RonS replied the topic: Market Sentiment shifting
A better Gold ETF, to be launched by Bank of Montreal, real metal is stored and investors can withdraw their Gold in increments as low as one ounce.

It will trade with the spot price of Gold, so maybe the only draw back for small investors is each share will be $1236 based on present spot price

www.reuters.com/article/us-bank-of-montr...dUSKBN0L80BQ20150204

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4 years 1 month ago #490 by GoldnBoy
GoldnBoy replied the topic: Market Sentiment shifting
It is amazing how negatice the sentiment has become on this first small pull back. Check out this chart on GLD etf from KingWorld news
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4 years 1 month ago #489 by RonS
RonS replied the topic: Market Sentiment shifting
Never trusted those ETFs, basicall they are all made by the banksters - for the banksters. Telling both sides of the story, a negative artical on Gold by Citigroup. They argue ths US$ still has pocitive momentum and a rising $ could pressure the Gold price back down

www.marketwatch.com/story/this-one-thing...05-23?Link=obnetwork

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4 years 1 month ago #485 by GoldnBoy
GoldnBoy replied the topic: Market Sentiment shifting
Excellent artical on Gold ETFs, why the billionares have it wrong buying these instead of physical. A very good point is the banksters are probably just taking the cash from selling or creating these ETF untis and investing it elsewhere with higher yield

bmgbullion.com/billionaires-are-wrong-on-gold/

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4 years 1 month ago - 4 years 1 month ago #479 by RonS
RonS replied the topic: Market Sentiment shifting
I thought I would put in this chart of Kinross showing a short squeeze, the move above $6 was probably releated to short covering. I have a stop/loss at $5.50 and it might test this.

I use a mental stop/loss - if it closes below $5.50, I sell the next morning unless it opens up higher - that is goes back above the stop/loss.
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Last Edit: 4 years 1 month ago by RonS.

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4 years 1 month ago #474 by GoldnBoy
GoldnBoy replied the topic: Market Sentiment shifting
Rick Rule, now says we are in a new gold bull market
“Your readers and listeners are going to have to understand that bull markets consolidate. And the idea that this markets could fall a little bit before it rises again is normal and natural. And it’s also important that people understand that we are in the early stages of a secular bull market, so it’s important not to get shaken out of it.”

kingworldnews.com/rick-rule-5-22-16/

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4 years 1 month ago #472 by RonS
RonS replied the topic: Market Sentiment shifting
You can get the Kinross article at GATA here
www.gata.org/node/16463

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