LMAO this is what ive been waiting for. golds been lagging WAAAYYY to hard on this PM rush so far, i was expecting 1450 last week tbh... but the radioactive swan nipped that possibility out real fast.
GPR is the most expensive, over-rated silver play around, next to Impact. Wish the dumbass Hedgefunds and Pensionfolk would start piling into miners already. Gold gives a better return than Buffet for a decade, and its relentlessly derided. Miners trading at single digit PEs, and the sophisticated investors prefer tech stocks with no earnings. No wonder us goldbugs are such self-righteous, insufferable, impatient pricks.
Miners getting beat down as gold and silver make new highs...seen this game before.
I was watching the trading history for phs.u...CIBC repeatedly made a gazillion trades to CIBC and drove the price down $.15 in about 5 mins.....could someone explain this bizarre transaction to me?
Looks like a miner beat down happens right before a big metals shorting. They'll eventually have their day but might have to wait until the end of the year.
zero bid on the dollar. something just snapped
ReplyDeleteLMAO this is what ive been waiting for. golds been lagging WAAAYYY to hard on this PM rush so far, i was expecting 1450 last week tbh... but the radioactive swan nipped that possibility out real fast.
ReplyDeleteLOL! Awesome drawring (simon)!!!!! Sometimes it's the simple things in life.
ReplyDeleteand the dollar resembles 5 minutes after your animation.
ReplyDeleteThat's what I call 'disorderly to the upside' ! ;-)
ReplyDeleteGot pissed with GPR's management, dumped and went with TK... thanks SGS ! ;-)
Chuck
@preciousmetalsnews - what is "zero bid on the dollar"? Is that vs. the yen? the Euro?
ReplyDeleteGPR is the most expensive, over-rated silver play around, next to Impact.
ReplyDeleteWish the dumbass Hedgefunds and Pensionfolk would start piling into miners already.
Gold gives a better return than Buffet for a decade, and its relentlessly derided.
Miners trading at single digit PEs, and the sophisticated investors prefer tech stocks with no earnings.
No wonder us goldbugs are such self-righteous, insufferable, impatient pricks.
BTFD! The silver slam is happening
ReplyDeletelooks like we are getting our silver correction... hate it when it gets knocked down like this but long term consolidation is a good thing
ReplyDeletewhat is this...whack-a-mole???
ReplyDeletePassing thru 37.45....
ReplyDeleteBoth PM's hit equally. What happened??
Miners getting beat down as gold and silver make new highs...seen this game before.
ReplyDeleteI was watching the trading history for phs.u...CIBC repeatedly made a gazillion trades to CIBC and drove the price down $.15 in about 5 mins.....could someone explain this bizarre transaction to me?
Looks like a miner beat down happens right before a big metals shorting. They'll eventually have their day but might have to wait until the end of the year.
ReplyDeleteTo Charles and Strannick
ReplyDeleteYou sold all of your gpr? Ive been thinking of selling all mine and loading up on Tinka...