CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,543
- Reactions
- 519
I thought QE3 was the fed buying more distressed assets?
Op Twist =QE3?
julian ct @joulesmm1
golds bounce all but done me thinks......1598 crucial level to hold for shorts.....my shorts anyhoo
http://www.kitco.com/reports/KitcoNews20120518JW_pm.html
[P.M. Kitco Metals Roundup]
..Gold produced a bullish weekly high close on Friday, which is an early technical clue that a near-term market bottom is in place for the yellow metal. June gold last traded up $14.90 at $1,589.80 an ounce...
http://stockcharts.com/h-sc/ui
Looks like a reversal.
Need to type over $GOLD then enter for the weekly chart in question.
Hi,
Uncle Festivus - "So what do you exchange your Euro's for?"
Great question
Answer = USD
What do you make of our recent phenominum of the USD being called the "safe haven", the idea seems to have caught on.
he he.https://www.aussiestockforums.com/forums/images/icons/icon4.gif
Although with Lava Girls' mates getting hammered there might actually be real price discovery with PM's now (sound of crickets.....) sorry, having a dream sequence there
Nice COT indicator there TH! I see the commercials look to be starting to unwind their shorts?
CanOz
When MarketVane’s Bullish Consensus for gold hit 51% on Wednesday, it was at the lowest except for one day — 49% on Nov. 13, 2008 — for many years.
The far-sighted Australian bullion commentary The Privateer thinks something really significant has happened.
This weekend it observed: “What is interesting about the snap-back this week — in both the physical and paper forms of gold, including gold stocks — is that gold has once again started to rise, while other asset markets (especially stock markets) are still falling.”
Another positive voice, from an unusual source, is veteran gold analyst Frank Veneroso. ......
i'm still short since last weeks high ......
i suspect i'm about to be satisfied or a visit to the proctologist is in order
This latest investigation into JP Morgan might be a big deal for the GATA camp. This is actually quite complicated, but very intriguing. The CFTC has been investigating JPM’s role in the silver market manipulation scheme for what will be four years soon. FOUR YEARS! Good friends, like Dave from Denver, have nothing but loathsome talk about the CFTC, for good reason. GATA’s rationale (speaking for myself) about this ridiculous investigation is that the CFTC really has uncovered the scam, but because it is backed by the US Government, they are flabbergasted about what to do, so they do nothing.
Hey Man, I must have been livin under a rather large rock - ya lost me, have I been missin out on somthin good?
I Googled lava girl -he he he
cheers
Glad I've being buying alot of Gold stocks over the last few days, however, I'm a tad nervous that it's just a short covering bounce.
I baught NCM,TRY,SLR,NST.What are you buying, I'm looking.
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