And way below whisper number. Tomorrow is the big show,non farm. Whisper number is 250,000. If the number disappoints all those shorts will have to cover. And physical buyers, those Indian jewelers hoping to pick up bargains after non farm Friday will rush in to load for the holidays.
Negative interest rate has buoyed price of real estate, stock, bonds , antiques to sky high levels. Gold is the only bargain left. Money should come in here.
No word on ECB announcing a QE. It would be a big boom for gold.
Good call pinnochio! You are the perfect contrarian, retail sheep wanna be pro!
Im going double down now if you covered!
miners have held incredibly well last few weeks with very bad news..low gold prices,low commodity prices and a surging $....
yet they are only down 5%...
gdx was around 22 with gold at his level last time....
either gdx catches up with gold prices and plunges or it will surge soon...
it will move big very soon..
$ looks like it has another 5% to go up...against the euro
i'm still bullish on gold and silver.Higher lows pattern is stiil in place during this bottoming process, industrial metals are going higher, gold and silver will follow in 6 months time. COT report is improving
Sentiment: Strong Buy
Should be well below 10 bucks at current bullion levels....a PANIC SELL CRASH into the close of the year is now INEVITABLE, the only variable being "when?"
CTLE sounds the drum and marches along with its new JV deal signed with developer of new liquid cement in Mexico. Can share price break .50?
Target = 400 an ounce or LESS by close of year....and the equally USELESS silver is going o PANIC CRASH to 4.00 or LOWER by end of the year.
95% of the gold/silver mining industry will go under by the time the dust settles, and that is why smarter pros are loading the boat with gold/silver IN THE MONEY PUTS at every opportunity.
CTLE signs joint venture deal with POLEC, a Mexican company that has developed an innovative and award-winning type of liquid cement
I loaded up so much physical already
like the green sight of nugt after sell-off yesterday
for 3X triple the green pleasure as market starts
to crack from the top = go defensive = green $$$
Non farm payroll estimate is raised to 250,000. This is a high number. Given the high US$, lowered demand from Europe, China corruption crackdown. Odds of disappointment has increased.
I also see a Friday reversal. Indian festivity demand is upon us. 20,000 tons of central bank gold shorted has to be covered. Every trader is short gold after our technical breakdown.
$1262 will not hold. Short on any $5 ~10 bounce. Target $1242. Only one sees a reversal on Friday after non farm.
Peace is upon Ukraine by Friday..Putin. Maybe US$ could come back down again. Threat to Russia having to sell gold to raise cash for import is lessened.
CTLE and newly signed JV deal with POLEC gives the company exclusive marketing and development rights to Technosoil, a revolutionary nanotechnology that has already been deployed in Mexico
you have learned that whatever you do in life don't EVER question the pantyman in your death, I will crush you if you are long
Yep, the miners are driven by the actual price of the metal not the comex spot price. You can see gdx/sil are well outperforming gld/slv. In fact one could be long the miners ans short comex gold gold and do just fine playing the spread.