Thu, Dec 18, 2014, 2:43 PM EST - U.S. Markets close in 1 hr 17 mins

Recent

% | $
Quotes you view appear here for quick access.

Eldorado Gold Corporation Message Board

ed.schindler 35 posts  |  Last Activity: Dec 16, 2014 10:35 AM Member since: Nov 27, 2012
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • ed.schindler ed.schindler Dec 16, 2014 10:35 AM Flag

    I hope you are right. This is brutal. Some is certainly tax loss selling but the action here is terrible. The Paper market is running the show, even in the face of very, very strong physical demand. Things can continue not to make sense for a long time, but will eventually come around. This marketplace has been vacated as most have given up and been driven out by the banks. This is their game plan - discourage then pillage. Even if you stay the course it will be very difficult to prosper. Maybe the only answer is to go to work for a bank, but unfortunately I have a conscience.

  • ed.schindler ed.schindler Dec 10, 2014 2:38 PM Flag

    The only wild card remains to be the Manipulation by the Bullion Banks and the FED. You can never count them out. Keep your guard up and try not to get overly optimistic. There have been many, many times during the past 3 years when the metals should have gone up only to perform exactly the opposite as the result of MASSIVE manipulation. Do you remember Feb 29 on 2012 when the Fed dumped an amount equal to the total annual mine production of silver in less than 1 hour. I do. Never underestimate the forces that strive to control the price of the metals. They have everything to loose and will stop at nothing.

  • Reply to

    NG S/B At $3.00 With Gold Up Sharply Today

    by raybestos76 Dec 9, 2014 8:49 AM
    ed.schindler ed.schindler Dec 9, 2014 1:19 PM Flag

    Lower energy prices along with higher metal prices ( remember there is silver in here too) should make for a fresh perspective on the miners and future mines as well. We have been on the wrong side for a long time, but the tide is changing rapidly. As the market moves out of other overvalued sectors, they will be looking for a home for all that $$$. This is a relatively very small sector that will truly move with a modest amount of fresh cash coming into it. Many will bet on NG as permitting nears completion - especially if gold finally is freed from the manipulators.

    Sentiment: Strong Buy

  • ed.schindler by ed.schindler Dec 9, 2014 1:15 PM Flag

    Lower energy prices combined with higher, possibly much higher metal prices make for a powerful combination for gold miners. There is none better positioned than EGO. This is the time we have been waiting for.

    Sentiment: Strong Buy

  • ed.schindler by ed.schindler Dec 8, 2014 1:55 PM Flag

    O Janet Baby, we need some more QE and we need it NOW. O, Come on.........Give it to me. You know you want to. But the Dow needs to close up 4 1/2 points today just like always. OOOOOO Please, what will the Shepple think??? We gotta keep the game going. Pretty please !!! What would Guber do?

  • ed.schindler by ed.schindler Dec 1, 2014 10:03 AM Flag

    Well, the Swill deal did not pass - as most expected. Then gold tanks overnight only to rally big time this AM.
    Unless the Chinese and Russians feel this is the last opportunity to buy on the cheap, who knows what is really going on in this market. This is exactly why you never should try to trade the metals market - only buy for the long haul. Coming opinions on what happened here should be fascinating. I keep hearing that the COMEX could be compromised with little effort. I would love to see a large group stand for delivery in the immediate future. That may also be a visible pending event to some.

  • Reply to

    Folks,Folks!

    by whoskold Nov 25, 2014 2:41 PM
    ed.schindler ed.schindler Nov 25, 2014 4:34 PM Flag

    EGO up more than 9% today on normal volume. This will be your #1 stock over the next 12 months if you have the nerve to buy in here. One opinion is as good as another. The sellers are exhausted and have been satisfied. Momentum is building behind the gold market. Today France is now asking for it's gold to be returned as well. The world is waking up to the game of the Central bankers. They have no gold and are naked as the tide recedes. You either HAVE gold or you do not. EGO literally has tons of it - it is just still in the ground. If you are short. Be careful. You have been warned.

  • Reply to

    Hey Ed

    by raybestos76 Nov 21, 2014 4:59 PM
    ed.schindler ed.schindler Nov 24, 2014 11:39 AM Flag

    Ray, in reality Gold should rally in here but you never know. I think the Deep State will defeat the Swiss Gold Initiative in the end but it is certainly drawing attention to the issue. Especially since the Netherlands got back over 122 Tons of gold from the Fed last week when the Germans were told to go pound sand when they made a similar request. We may hear from the Germans again soon on this issue. What would you say if you were them? I know what I would tell the Fed and it could not be printed here. NG, along with all the miners, is down big time for the year and therefore subject to substantial tax loss selling. I would be surprised to see if do much in the near term but this market is subject to many, many black swan potential events and you just get the feeling that there is at least on getting close. Have some Turkey and do not stress about the gold market for a few days. Enjoy your life and try to not let the elite debase your existence any more than they already have. Become your own Central Banker - you could not do a worse job serving yourself than the current group are doing. They serve the Big Banks and no one else. Always remember that.

  • Reverse Spam...........How do you like it? My biggest winner today among many and no advice from any bogus web sites.

  • Eat dirt shorty

  • They do NOT do it to make money. They do it to make the fiat money system possible in order to manipulate EVERY other market that exists. Total fines this year ALONE total $56.5 Billion. Just the cost of doing business I guess when you push around numerous Trillion dollar markets such as the FOREX market recently exposed. At some the war on gold will fail just as the London Gold pool did in the past. The only problem is that the whole world will probably go into a 10 year depression when that happens as the fiat monetary system is exposed for the leveraged fraud that it truly is. That must be the justification that allows these goons to sleep at night on their yacht in the Hamptons. No one said life was going to be easy --or fair.

  • Reply to

    Hey Ed

    by raybestos76 Nov 14, 2014 1:54 PM
    ed.schindler ed.schindler Nov 16, 2014 9:45 PM Flag

    Slight possibility of return to an actual free market since the manipulation is now public knowledge. But do not count on it. I read that the B of A metals analyst called a bottom in the market Friday due to volume in the move. Remember we had a large bump up a week ago Friday as well. Way too early to tell anything but always good to see the price rise. Total fines to major banks this year for fraud, manipulation, and outright theft now totals $56.5 billion. How can any industry stand to take this kind of hit and not go out of business?? You know profits from their criminal activity must be eeffing HUGE. They probably won't be discussing the fix for awhile but you still have the Fed, BIS, Bullion Banks, and Treasury to deal with in the manipulation. I remain unconvinced but the price action will tell us soon enough. When was the last time the manipulators allowed the price to rise 2 days in a row??? Not recently. Monday should be interesting. We have the Swiss Gold Initiative late Nov and now more and more the outright panic that exists at the highest level is becoming more and more evident for all to see. That is the good news. Just do not get overconfident as they are very powerful still. Evil dies a slow death. The physical market needs to simply overrun the paper market for the price to go up. That is asking a lot and in reality only a very, very few know what is really going on.

  • Reply to

    Took profits

    by goldwin275 Nov 14, 2014 1:02 PM
    ed.schindler ed.schindler Nov 14, 2014 1:25 PM Flag

    Your guess is as good as any. If you made money here you are doing better than most. Good luck.
    But keep your eye on the Swiss Gold Initiative. It has the potential to move the market I think.

  • Not sure what this means but someone sure saw this coming. Please don't tell me that the big boys have an advantage over us. I guess I am just glad to see anything related to the metals go up these days. Then again maybe I should be rooting for lower prices in order to load up if I had the courage to do so.

  • Reply to

    No Conspiracy Just a Falling Gold Price

    by investmenot Nov 7, 2014 12:07 AM
    ed.schindler ed.schindler Nov 11, 2014 10:39 AM Flag

    Maybe you have just missed the recent news about UBS and 5-6 other banks agreeing to fines for manipulating the gold fix for as long as it has been in existence. Google is your friend. Welcome to reality. When the regulators identify it you know it has to be of epic proportions. This came out of Europe. No US regulator would ever touch the guys who manipulate the gold price. They are owned lock, stock, and barrel by the Banks, Fed, and Treasury dept. Corruption is the business model of the Wall Street Banks. Read the news - get in touch with the real world. It is in touch with you whether you like it or not.

  • Only up 11.5% as I write. Rebounding from a pounding at the hands of the manipulators. In the end the demand from the physical market will overcome the unaddressed fraud and manipulation by the BIS, Bullion Banks. Fed, Treasury, and Exchange stabilization Fund. Either that or the JPM guy is out today testifying at the FOREX manipulation trials and trying to bargain the fines down to under $5 Billion.

  • Reply to

    Bottomed at 23.98

    by goldoking7777 Oct 31, 2014 10:19 AM
    ed.schindler ed.schindler Nov 7, 2014 11:53 AM Flag

    Did not last year. I do not expect one this year due to manipulated lower gold price.

  • ed.schindler ed.schindler Nov 4, 2014 1:43 PM Flag

    Many, including myself, have thought this many times before. Do NOT underestimate the ability of the Fed., Treasury, and Bullion Banks to manipulate this market to their advantage as they do all markets. They must protect the dollar and gold rising is an embarrassment to the economic policies of the US. Overall I agree but the timing is impossible to determine. You are betting on a systemic failure. Especially now with energy being weak and the strong dollar which are fundamental issues working against gold in addition to the manipulation issues. Good luck. Just be careful. NG is a solid long term bet but don't get carried away.

  • Reply to

    What is the volatility telling us?

    by ed.schindler Nov 3, 2014 1:07 PM
    ed.schindler ed.schindler Nov 3, 2014 3:28 PM Flag

    Ray, I wish I shared your optimism. I believe this is more of a historical cycle issue. We have had our day in the sun and wasted it through excessive spending mainly on wars as others before us have also done. It is human nature at its worst. Rinse and repeat I fear. We are at the stage of just tying to keep things afloat through policies such as the Financial Repression that we now see implemented by the Fed. They feel it is the only tool left to keep things afloat. Throw gandma under the bus to keep the banks alive. These are desperate measures and a last gasp effort to give the economy another change to revive. I do not like our odds in here. If we had a government run by people instead of big money I would feel better. Election day is tomorrow and it is meaningless who wins. They are all bought and paid for by big business and various lobbying interests. NO ONE really has the best interest of the country at heart any more. Laws are not enforced, especially in the financial markets. The CFTC is a toothless joke and the only price bankers have to pay is to fly out a28th story window if they even think about coming forward with the truth. I guess we shall see eventually.

  • There is a huge struggle going on at this time in the metals market. Our totalitarian state cannot allow real value to replace perceived value of meaningless paper - so the battle rages on. They are very skilled, well armed with unlimited finances and enhanced computer capabilities give them power that seems endless. You can think for yourself or believe what the state controlled media feeds you daily. In reality they are terrified as they stand to loose their control and will stop at nothing to hold you down. It is time for courage and conviction of your beliefs. Do NOT sell your physical - EVER. You may also want to hold a good amount of cash. As with physical death, we do not know the time of the final event. You can choose to be prepared or dance until the music stops. I wish you well either way. Unfortunately, America is taking it's well deserved place in history as have so many before us. Humanity has such weakness.

EGO
6.34+0.16(+2.59%)2:42 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.