Because the banksters got gold to go down aother fifteen bucks and they rip off the recent buyers and transfer the money over to the next derivatives contract for the big banks trading desks. All done by gs and citadel w overnight futures. This is why people say market is rigged. It has no impact w earnings, data, or whatever. It's all done by banks and they should be loaning money, not trading stocks everyday for them and their bonuses and corrpt politicians they can bribe and extort.
Thats what morgue and stabme does. Gs hired them to control the price action fo the stock, because they could'nt lately.
Yea I do that is why I am making money w what I am talking about. Went long at close after going short against the gold move up. I got out at close and flipped. #$%$.
Then why did sp futures collapse at the close of the gold market when it moved up four bucks? Look at the chart, ah oh, I guess you can't see anything huh.
Gold futures moved up five bucks off the lows which did'nt stay close to 1242 but got to 1249 not good. So the big banks shorted down the market to cover over it tonight. With each passing day, they have to rob various markets all over the globe to keep the price down. This is why you see so much volatility, no other reason, imo. But you won' t read about it on the news. Which is why I write what I notice on here.
Citadel w match the sell orders as usual with a nyfed gap up in the am, after they find another way to take down metals prices and rip off the recent buyers even more down from 1300.
I trade options you have to. In saying that, not everyone has a few hundred grand laying around to do dip buys and average down. This is where your strategy is broken because you will eventually get a securities law violation. If you would have ever taken an exam like the 7, you would realize that. Also, since you haven't you could also get into trouble recommending advice to people about trading w out a license.
Move the vix back down to - for day w all other reverse etf's.
Your strategy is going to get you wiped out, everything has changed. Ytd gains are GONE, we w be officially in bear market.
Yep, that way can force us to accept all the draconian rules put into place, like tsa, and communist checkpoints, and increased taxation.
Nice job indeed, all world markets go green now.
Will be hated at first like Reagan at first, by the people elected to stop such things, and grind things to a hault. Also, to those who don't wanna work and get all the freebies.
It's the people running the fed, the last ten years, and the creation of that sydicated crime group. Those guys commit fraud everyday with their keystrokes, and caused hyperinflation for most everyone in the us.