Zonte Video - February 19, 2024

Zonte Aug. 10, 2023 Video

Login Form

New subscribers, setup your Login ( Menu-Login)

Performance 2009 to 2023 (compound annual)

performance2009 2023Small

Market Sentiment shifting

GoldnBoy
Offline
Platinum Member

7 years 9 months 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

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

RonS
Topic Author
Offline
Moderator

7 years 9 months 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

Attachments:

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

RonS
Topic Author
Offline
Moderator

7 years 9 months 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/

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

Gambler
Offline
Platinum Member

7 years 10 months 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.

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

RonS
Topic Author
Offline
Moderator

7 years 10 months 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

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

GoldnBoy
Offline
Platinum Member

7 years 10 months 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

Attachments:

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

RonS
Topic Author
Offline
Moderator

7 years 10 months 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

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

GoldnBoy
Offline
Platinum Member

7 years 10 months 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/

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

RonS
Topic Author
Offline
Moderator

7 years 10 months ago - 7 years 10 months 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.

Attachments:

Last Edit: 7 years 10 months ago by RonS.

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

GoldnBoy
Offline
Platinum Member

7 years 10 months 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/

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

RonS
Topic Author
Offline
Moderator

7 years 10 months 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

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

RonS
Topic Author
Offline
Moderator

7 years 10 months ago #471 by RonS

RonS replied the topic: Market Sentiment shifting

Good article on Kinross Gold, you need a subscription to Financial times though
www.ft.com/intl/cms/s/65aac95c-0c6c-11e6...er-app#axzz49ZQJhkSY

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

Moderators: RonS

Time to create page: 0.164 seconds