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REPORT ABUSIVE REPLY
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Message Subject
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IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
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Poster Handle
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Anonymous Coward |
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Post Content
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Hey.
I just found this thread but geez I wish I stumbled upon it months ago!
I just read all your posts, and you've been pretty bang on.
I've been buying PM for the past few years and have a decent average but I've also been playing etfs and have been burnt hard.
Do you run a subscription newsletter or anything?
Do you still have your hedge shorts in place? Still picking $15-16 low for silver?
Quoting: Antipodean No, I dont run any newsletter. I dont have that kind of knowledge. Id recommend staying away from the top 10 leading metals sites and that will get you started. Read some Martin Armstrong. What he says makes sense and there are no made up boogymen. I closed all positions some time ago and had a nice net profit. The only position I have running currently is a small long position in the juniors but I could get stopped out for a small loss today. Ike Iossif said it wasnt quite time to go long on a bounce and I should have listed to him. lol As far as the silver price, I think 14ish should contain the drop but if the dollar index more than doubles from here its probably not even worth guessing targets. What kind of world will we have with a USDX above 160??? That seems like great depression territory to me. ????? To me...the trading this morning at the witching hour (early morning before our markets open up) CLEARLY proves there is a boogeyman! It was down almost $14.00 in a matter of minutes. Then rebounded back up to almost no loss in a matter of a few more minutes! This is manipulation. With the purpose of dumping paper and acquiring physical. This all being done while we sleep! Wake up everyone. Just look at what they are doing while you're asleep! Literally Someone is shorting paper in the after market. Now think how many contracts have to be dumped in that short amount of time to cause spot to drop $14 in minutes. Then for it to rebound as they gobble up the physical and deep discount. That is boogeyman! I love your posts OP and you have been dead on with so much. But I have to cordially disagree on this one point. And if you recognize the existence of the boogeyman then I'll bet you do even better trading. Although I'm pretty sure you already do..which is why you're up and posting at the time when they always crush metals in the after market. ;-)
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