At NO time this year has gold made a singe day gain that can be considered anything other than a puny deadcat bounce, contrived by the gold/silver CALL WRITERS to SUCKER the clueless small specs into buying gazillions of WORTHLESS gold/silver CALL options, again!!
It would take successive gains of 100 bucks (plus) per day to begin to suggest that very bearish gold trading action has changed in nature----and based upon gold's extremely bearish chart pattern, that is NOT going to happen, period! On a technical basis, it would require gold to break sharply above 1800 an ounce merely to "suggest" the possibility that a gold/silver bull is about to resume....IMPOSSIBLE IMPOSSIBLE!!!!
What is particularly pathetic about the current gold price is that it would take a nominal gold price of 2300 bucks per ounce today for gold merely to equal its REAL 1980 price (after taking into account 35 years of inflation)---and it's worse for silver, that would require silver to trade at 140 an ounce today merely to equal its REAL 1979 price (after taking into account 35 years of inflation).
Without doubt, both gold and silver are, in reality, THE worst performing commodities of the past 35 years, and possibly the worst investments ever. As I demonstrated, it is impossible to make REAL profits in gold and silver on any long term basis- and that FACT can NOT be refuted in any logical way
The problem with dollardominance(a.k.a. metals_marvin) is that he believe his parents were apes...
Sentiment: Strong Buy
Tried to warn all my POOR sweet amateur purchasers of WORTHLESS Dow and Nasdaq PUTS---but some SUCKERS are incapable of learning from experience or their intellectual superiors!
We are in a Dow and Nasdaq SUPER BULL market and ALL BOGUS DIPS are contrived by the oily banks and funds to SUCKER retail purchases of WORTHLESS Dow and Nasdaq PUTS, again and again and again!!
Tried to warn all my POOR sweet gold/silver SUCKERS that when Old Sleazo declares a "floor" in these WORTHLESS golds/silver, you can be 100% CERTAIN the old wall street whoore serving his Goldman whoore-masters is LYING again, as he has done countless times over the past several DECADES!!!
You would actually criticize a Shill for failing to admit he was wrong? What about all your wrong calls in just the last couple months, Dunce? Funny how you're mute about that. Silly little Dunce. LOL
I nominate Bo Polny as the Shyster of the month. Bo said that 1280 was the low in July and we are off to a new Bull Market. Well, $1280 was breached today. Bo also changed his website to remove the "$1280 July bottom" statement. Where are you Bo?
Sentiment: Strong Sell
I feel bad for you. You are stupid and don't realize it. I about one year from now, when Gold is sub 1000, you will look back at these imbecilic posts you wrote and perhaps finally realize your shortcomings. You'll probably be broke, depressed and maybe suicidal, but you will finally come to grips with your lack of critical thinking skills.
Sentiment: Strong Sell
ECB afraid of deflation for real.
Negative interest rates are great for GOLD. NO MATTER HOW YOU SLICE IT.
Draghi did lip service but you can fool people once, twice but now you have to pay.
We will see at noon on Friday. IT IS GOING TO BE HIGH NOON.
Sentiment: Strong Buy
please please please, call your life away, I could care less
I just don't believe you call as much as you claim
oh, I called and they said this, and then I called and they said that, and then that, it sounded just like you.
So if you have that much time to waste, good for you
BTW, how much are you showing it down in that market? Give me an exact quote. With the futures up and spot gold up, it can't be down much at all if any. Right now I show the Dec '14 Globex Comex gold contract at 1278.9 +3.50 and the world spot at 1278.80 +1.50
At least we have some intelligent ideas coming out here tonight instead of pure bashing and pumping. I appreciate that immensely. Let me be more specific. The crosscurrents are not just world turmoil, they are macroeconomic in nature. I don't think overall demand is going to drop enough to make gold crash. If you want to get into world turmoil. I respectfully disagree with you that it is now nonexistent. To the contrary, I think it is not going to be going away any time soon. The ISIS situation alone is only getting worse, and is extremely scary to the free world. In fact I think world turmoil is going to get a lot worse in the coming decade. With that said, I would never bet gold up on world turmoil alone because that is such a hard thing to factor in at any given moment, and it is always changing. Ultimately, it comes down simply to supply and demand of gold itself, and my guess is there is going to be enough demand to keep it from crashing. I am looking at a very big picture when I look at gold.
plus you claim the ZJ bar is brilliant proof that they are lending gold
and insurance and custodian blah blah blah
but when you get pinned to the wall, oh oh, we can't audit
it gets audited by KPMG EVERY YEAr
get your story straight loser
I can be just as persistent as you BS artists
heck, investo925 has been running this post for like TWO YEARS
what's up with that????
as I feel you four stooges lack credibility, I will pose the following question for comments
Why don't you tell us why 20 gold mines sponsor GLD that it is a gold fraud?
Why don't you write a letter to CEO of Yamana Gold or Newmont ?
Maybe because you know your posts are a scam
that is the way ETF's make money lending stocks held in ETFs
What's funny is your kindergarten level grasp of the ETF biz
They have a complete list of vault gold bar by refiner and serial numbers for a bi jillion tons of gold
How hard will it be to find one of them that either really doesn't exist?
or in some one else's inventory simultaneously?
are that dim
SINGAPORE, Aug 22 (Reuters) - Gold falling below two-month low
on Friday and is headed for its sharpest weekly drop in nearly
three months, hurt by strong U.S. economic data and fears that
the Federal Reserve could hike interest rates sooner than
expected. Sleep tight GLD longs because tomorrow you feel more pain and a lighter wallet.