And still more on Monday! Being right all the time never gets old!!!!
NO surprise to smarter experienced market pros----the rotten golds and silvers exist to be DUMPED into the toilet where they all belong.
Your friends and family will have you killed for losing all of their money. "Vicious Bear", the money's not there, pounding the table as mentally unstable....
Sentiment: Strong Buy
Goldcorp up 1%+ in early TSX trading after announcing the buyout of Probe Mines at a 49% premium. Investors must like this deal as acquiring companies normally get their stock slammed on such news. With the green light flashing on the gold market, now is the time to gobble up undervalued assets on the cheap.
I looked at the 2014 charts. When was the crash? I also did some of your TECHNICAL ANALYSIS. I couldn't see the recent Swiss foretelling move re the Euro. Can you explain in your 2549th post since 11/2014?
Sentiment: Strong Buy
Your friend$ and family will have you killed for losing their money. Guten nacht, NACHO!
Sentiment: Strong Buy
Girls, I remain a revered GOD to friends and family, who have been coat-tailing my advice for the PAST THREE YEARS now, as I advised strongly AGAINST the vicious BEAR sectors, such as gold, silvers, rare earths, etc. Conversely, I've pounded the table to stay long the Dow and Nasdaq SUPER BULL, and ignore the brief minor inconsequential downturns, that in percentage terms are laughable. EDUCATE yourselves, girls, and reread my brilliant posts again:
Goldman controls the USA bogus democracy...they control the Fed, since they are one of the constituent owners....they control the Treasury, with Jack Lew acting as their obedient shill...they control the politicos...they control the Big Media...they control the regulators and rating agencies....and they control the judiciary itself. The USA is a Goldman dictatorship, in cahoots with JP Morgan, Citi, Morgan Stanley and the rest of the slimy wall street club.
Goldman is allowed to use paper/digital gold/silver to SHORT the two USELESS metals into the toilet and the CFTC/COMEX , both fully under Goldman's control, could care less....and there is NO need for Goldman to deliver physical gold on any timely basis since the COMEX allows for indefinite delay of delivery. Basically, it is IMPOSSIBLE for there to be a short squeeze in gold and silver as long as the CFTC and COMEX allow for infinite paper/digital SHORTING of the metals.
As the short counterparties to MOST of the gold/silver long trades, including the primary WRITER of gold/silver CALL options, Goldman ALWAYS holds a permanent hate for gold/silver...at any given time they own MOST OF THE gold/silver IN THE MONEY PUTS...and most of their gold/silver pumps are BOGUS while only their gold/silver slams prove to be honest. if Goldman REITERATES gold is going to 1000 in 2015, you can be 100% CERTAIN it's going much LOWER, and my target is:
$400 oz by Feb 2015
A PANIC SELL CRASH into the close of 2014 is a TECHNICAL CERTAINTY for these fast DYING USELESS golds/silvers...ALL OF THEM!!!!
And Goldman gets destroyed on their top trade for 2015 less than 2 weeks into the year!!!!!!
Read their pathetic excuses for the loss.
Turns out it wasn’t just Goldman’s muppet clients who were slaughtered by one of Goldman’s “Top Trades” for 2015, when the reco to short the CHKSEK plunged 16.5% and the trade was stopped out. It was Goldman itself. From the Goldman Sachs Asset Management disclosure on the impact of the SNB floor removal:
What changed? In recent months, SNB reserves have started to pick up (an increase of CHF400bn from Jan 10 to today), while the European Central Bank (ECB) is closer to introducing a sovereign Quantitative Easing (QE) program. Maintaining the exchange rate floor in a Eurozone QE scenario would likely have required substantial interventions by the SNB.
So in case there still was confusion, Goldman has blessed its former employee to turn on the printing presses in Europe. That much is clear.
However, this is more important:
In our portfolios with currencies, we have been short the CHF on the grounds that it was an expensive currency which we expected would experience capital outflows as European growth normalized. We were surprised by the sudden removal of the peg. Although the CHF real effective exchange rate is lower than during the European crisis of 2011, it has actually appreciated in recent months. We exited a substantial portion of our CHF short today and are monitoring the situation closely.
And yet, this makes little sense considering Goldman, in its earnings call explaining why it just had the worst FICC quarter since Lehman, also said this:
GOLDMAN CFO SAYS MOVE IN SWISS FRANC WAS `IMMATERIAL’ TO FIRM
SOOOO, WHO IS LYING??? GOLDMAN OR GOLDMAN....
Look at the hedgies continue to blow up over the weekend!! FANTASTIC!!!!!!!