Gold was up $25. The close of gold on most platforms is
based on the comex close at 1:30pm. The close at 5pm or
slightly after is the aftermarket close. I have the comex
close at 1:30pm at $1446.20
Matt..was looking at BAX, obviously a great chart and breakout
thru approx $69, but it has major negative divergences on the daily
on each high from Nov. to Jan to Feb. Am I missing anything
here?
A better question..who bought 192 million ounces of paper
silver? For every seller there has to be a buyer.
Someone/somebody/some country just had bids all the way down and
like Dan Akroyd and Eddie Murphy, just stood there and said "I buy,
I buy, I buy..." Wold like to find that out because I already
know who sold.
Posted by parrrich on 23rd of Aug 2012 at 09:17 am
In case anyone didn't see/hear Bullard on CNBC this morning the
majority of his talk was very hawkish and saw no need for any
additional QE, UNTIL...his last response to a question regarding
the 25 bp that the Fed pays for deposits from banks... he said "he
has come around to the idea of reducing this rate to zero, and even
going NEGATIVE as the Fed is currently subsidizing
banks." The last number I saw as to how much was on deposit
at the Fed from the banks was $1.4 TRILLION!! My tkeaway from
this is the VELOCITY of money in the economy will explode if the
Fed does something like this and that of course would lead to
Hyperinflation. Hold onto your hats people.
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Gold/Silver Commercials
Posted by parrrich on 31st of May 2013 at 04:05 pm
Lowest in gold since May/June 2005! Commercials net short only 59,221 contracts.
Silver..they are net short only 8,334..lowest in at least several years!
It is a Jed Clampett type of market!
Posted by parrrich on 17th of May 2013 at 02:40 pm
Gold was up $25. The
Gold up 25, GDX down
Posted by parrrich on 2nd of May 2013 at 02:22 pm
Gold was up $25. The close of gold on most platforms is based on the comex close at 1:30pm. The close at 5pm or slightly after is the aftermarket close. I have the comex close at 1:30pm at $1446.20
sorry matt...breakout shows up nicely
GLD Intraday Views
Posted by parrrich on 9th of Apr 2013 at 10:33 am
sorry matt...breakout shows up nicely on your 15 m inute too.
trying..e-signal not being too cooperative
GOLD
Posted by parrrich on 9th of Apr 2013 at 10:27 am
trying..e-signal not being too cooperative
GOLD
Posted by parrrich on 9th of Apr 2013 at 10:18 am
Breaking out of a nice cup & handle on 4-hour chart....$1625 is the target.
LNG
Posted by parrrich on 28th of Mar 2013 at 10:20 am
Moving nicely this am. Anyone hear/see any news?
US Dollar
Posted by parrrich on 8th of Mar 2013 at 10:06 am
Looks like building a massive bear wedge and has some really big divergences on each of the last three highs on the daily.
Matt..was looking at BAX, obviously
Some Long Ideas
Posted by parrrich on 4th of Mar 2013 at 11:34 am
Matt..was looking at BAX, obviously a great chart and breakout thru approx $69, but it has major negative divergences on the daily on each high from Nov. to Jan to Feb. Am I missing anything here?
NUGT
Posted by parrrich on 29th of Jan 2013 at 05:54 pm
Heard nugt got a DeMark buy signal today.
Junker comments over in europe
Euro goin' DOWN!
Posted by parrrich on 15th of Jan 2013 at 02:14 pm
Junker comments over in europe that euro is "dangerously high"
Read recently that the percentage
Coffee analysis
Posted by parrrich on 10th of Jan 2013 at 01:51 pm
Read recently that the percentage of bulls in coffee was at all time low..like single digits. JO is the etf to look at for people.
Big pos. divergence in rsi
GDX comments
Posted by parrrich on 8th of Jan 2013 at 03:49 pm
Big pos. divergence in rsi on gdx chart too.
Gold too on the 30
Silver
Posted by parrrich on 4th of Jan 2013 at 02:52 pm
Gold too on the 30 minute thru $1654 or so has $28 in it
Palladium
SWC acting very well
Posted by parrrich on 28th of Dec 2012 at 12:16 pm
Also, chart of Palladium looks very good. Hit nine month high yesterday thru nice horizontal resistance.
LNG
Posted by parrrich on 26th of Dec 2012 at 10:22 am
Looks to be setting up nice here.
Interesting, that now makes 4
Technician on Fox just now says Gold range 1715 down to 1640/1650. Too many are asking how high it can go in his opinion which is bearish.
Posted by parrrich on 6th of Dec 2012 at 04:03 pm
Interesting, that now makes 4 analysts in the last three days to say its going lower, including goldman.
A better question..who bought 192
Massive dumping of silver paper friday
Posted by parrrich on 5th of Nov 2012 at 03:16 pm
A better question..who bought 192 million ounces of paper silver? For every seller there has to be a buyer. Someone/somebody/some country just had bids all the way down and like Dan Akroyd and Eddie Murphy, just stood there and said "I buy, I buy, I buy..." Wold like to find that out because I already know who sold.
Did he put the Bud
Steve's Internet Out
Posted by parrrich on 29th of Aug 2012 at 10:18 am
Did he put the Bud Light in front of the hamster again?
Bullard on CNBC
Posted by parrrich on 23rd of Aug 2012 at 09:17 am
In case anyone didn't see/hear Bullard on CNBC this morning the majority of his talk was very hawkish and saw no need for any additional QE, UNTIL...his last response to a question regarding the 25 bp that the Fed pays for deposits from banks... he said "he has come around to the idea of reducing this rate to zero, and even going NEGATIVE as the Fed is currently subsidizing banks." The last number I saw as to how much was on deposit at the Fed from the banks was $1.4 TRILLION!! My tkeaway from this is the VELOCITY of money in the economy will explode if the Fed does something like this and that of course would lead to Hyperinflation. Hold onto your hats people.