"The Decade of EPIC Begins"
How did you know I would like this?Magical. :)Less contract volume on the 40 calls but more $ volume in purchasing. If that matters. Aren't we approaching day 50 soon since the the top we put in.Day 50 should be Friday July 15 lol. I know some trading strategies that matters. Been watching those chains like a boy waiting for candy store to open.
50 "trading" days
Gold to new historical high! When silver plays catch up, get ready for the ride of your life. When the miners play double catch up, skies the limit. Next stop, $1600 gold and $50 silver. New high for silver after that?
Is that 190 million ounces? Nice.... That's 2/3rds of the total inventory of SLV.
Acting as a group, the gold community could send the banksters home to mommy, in the market. The gold community vastly outnumbers the banksters, but the banksters act professionally in the market, responding to HSR in their trading. If the gold community begins to compete with the banksters at the major HSR points in the market, instead of predicting whether price turns or fails at those points, the banksters would really have something to worry about.The banksters don’t want you to act professionally in the market. They want you focused on August 2, and they want you to sell them big chunks of your gold and gold stocks at the lowest possible price. Don’t hand over anything to these scumbags on price weakness. After Aug 2 is gone, they will have another new and improved “grand event” for you to focus your fear or greed on, and you can take that fact to the nearest bullion bank. Stay focused on today’s HSR gridlines, not tomorrow’s dollarbug in the bush!
Holy Schnikes Tommy Boy...let's all pile in!http://www.80stees.com/prodImageDisplay.asp?prodid=TMYBY006&image=TMYBY006_SM2.jpg&lgimage=TMYBY006_LG2.jpg&gender=Mens
Holy fuck buckets. I just went for shower, shit and a shave and lunch with the wife and kids and came back to work and PM's have gone bananas!
And the miners have gone total bezerko!
Qe3 officially being considered.Really." did this come as a surprise?"" uh uh oh doh duh DOH it came as a complete surprise, a complete duhprise, seeing how the fed was saying no"I am duhr, I am C N B C
Does anyone besides me think the "rally" that was forced, then faded slightly towards the end, one gigantic headfake? Three days of trading left in the week! @Garry, I hope you didn't do those things in that order--LOL!
@ LedbedderUptick at close...I think we're moderately bullish going into tomorrow. If we can add another $10-15 onto gold tomorrow and hold, I think we'll see $1600 by Friday. Let's see how Asia does tonight.
@IslandStyle: sorry, I meant the S&P. My bad.
We're gonna see panic in the precious metals this month - get ready !
@zepster: which side is going to panic?
@led - panic on the comex !
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Anyone watchin cotton? Down 50%. Trade of a life or long agony for longs?
@Johan: yes, I am watching cotton. As far as I can tell, I am the only day to day watcher of commodities/futures here. Or should I say, posts here. What about you? This is the first comment I have seen from you.
@Zepster: just joking. The next 3 days could tell alot.
Ledbedder, you seem to really understand the markets. I'm a long time observer here and appreciate your comments. Where do you thing the grain markets go from here?
@LedbedderI've posted before but not regularly. I do read SGS though. I loaded some $2 Dec calls, don't know wether I'll lose, seems pretty illiquid, but something down 50% while the rest is recovering seemed just pretty sweet to me.
Your not the only one buying cotton now.