you are using a technicality to attack the above poster improperly. What govt department exactly prints an actual dollar is besides the point. It is general speak when referring to money printing. The point is devaluing the US Dollar.
Yep!! If his physical metal goes up 10%, the junior miners for example will go up at least 3 times that
That is a person "with no life"...LOL. There are plenty of those 24/7/365 posters that are incessantly obessed with msg boards. It is sad.
You haven't noticed the gold mining sector is falling as a whole?? That's predominately the reason RBY is falling. Whether it has secured financing for next year's mine expansion is irrelevant at this point. It is all about gold currently. A lot of gold miners-explorers are in similar position as RBY regarding worries about $$$, etc, or future expansions, costs, and so on. This thing will stabilize at some point & then rebound in short term for a trade based upon gold (unless a surprise news event hits RBY such as financing this early on). i'm not quite yet long, but I'm looking soon at picking up some shares. Bottom not exactly known if it is .83 today. Maybe risk to .60-.70 area, but mark my words, when it rebounds with other miners, it will go back to 1.10+ for short term trade.
you seem to be having a different conversation than me. I'm not going to on a daily basis waste my time on your vitriol, especially your prior post calling me a coward. You don't make any sense.
Billy, I told you last month that it is about weather in relation to the inventory reports... how much inventory has been priced into expectations compared to if weather is colder or warmer than anticipated. November and currently is all about the colder weather, much more than inventories. Nov 4 when UGAZ bottomed short term, it was pricing in warm weather & increasing supplies. That is why ever since then it is about weather more than inventory supplies. Next when analyzing nat gas trade, ask yourself, how much is current inventory reports & weather priced into nat gas?? Then speculate from there where you think weather (warmer or colder) will be along with supply/demand(inventories), and thus base your trade on that.
Thanks, I hope you do well & I think you're scaling out of UGAZ correctly while still today holding some. I always say scale-in & out of these 3 x funds around bottoms & tops is best method. I'm still on sidelines. i'm a short term trader, so indifferent to expected trends of higher Nat Gas, DGAZ is getting cheaper by the day and more attractive as UGAZ has had an incredible run since Nov 4. ...Today's inventory report (12/5) sent DGAZ down to 10's. I'm still being patient yet, but UGAZ short term is becoming overbought. My high end prediction in early November was near 20 for UGAZ, while my low end for UGAZ was 16-17 expectation by end of November, which happened last month.
YES, REALLY!!! I've been 100% successful on SVM trading. I've visited many times over the last year at this board and posted when to correctly buy & so forth. Last time I emphasized a buy was near 2.40 back in June = Fact. Anyhow--- My posts are based on short term trading cycles only, holding a few days or few weeks, that is my rationale when I said today to start buying now 2.30-2.40 area. A while back I said I hoped & waited for 2.50's or less, and that has happened, and now I'm interested in SVM, but only for short term. This thing has nice swings for trading every few weeks typically & that is a fact, which I take advantage of upon major oversold conditions. However, those of you who now how to properly short a stock & have the proper time frame of expirations, etc, then I say you can be correct. But does not mean my trades & strategy are wrong, & does not mean I contradict a person here who shorts. But those here who post so redundantly about shorting SVM need to know my trading short term swing cycles has worked great & to know the difference in time,e tc in contrast with my strategy (& short term recommendations).
A couple weeks ago i said hopefully 2.50's possible on SVM... and as usual I got SVM pegged right. Here at 2.30's-2.40's, one has got to start buying. Makes sense here.
Averaged in well at 25. now up on NUGT as it crossed 27's. You'll see just how good I do on short term NUGT trade, you "loser"... LOL
A little of both. Gold oversold (after a lot of selling recently), & gold has been pricing in tapering as early as December & improving economic figures, so ti is why you don't see the typical big reactions. Gold has priced a lot of negativity already.--- at least in the short term.
The high volume is mainly fund flow balancing, recent new 'inflows' by the issuing bank that sponsors the NUGT (what all these funds do on a daily basis with inflows-outflows)... But certainly is an indicator of recent of huge selling of gold miners (GDX) & a sign of upcoming selling exhaustion in short term.
I scaled in around 12 area near bottom November 4. (my older posts prove this). I'm becoming interested in possible entry soon on DGAZ (near 11's?). Starting possible scale in soon. Nat gas short term seems a little overbought after nice run up all November thru present, at least that's what I'm thinking now.
I'm still sticking to my post from Nov 24. CERP looks like it found recent short term support after attempts to sell it down into .008's. We'll see in coming days if she breaks out back above .01+ again.
"20 years or more"???Cramer hasn't been on TV with a show nor as a famous influencer in the markets for nearly that long. Get a clue
I've been saying same thing the last few days. At the least, we see 38-39 above 20 day average on NUGT. Buy 45 area likely in short term for swing trade based on typical swings.
you & Zachperino are both SPAMMERS (And you both post together in same areas, so probably same spammer) ...You switch your ratings of buy or sell on things everyday & usually your calls are wrong (or late to the game)... IGNORED for now on = Goldoking7777