Dan I am new to your site. Good work with your analysis. I trade on the futures market and it seems you are the only one that really knows what hes talking about.
You might want to bring up the below. This is very very good news.
Steve- They'll quickly exploit the new gold and silver session and once it proves successful, more trading should be accomodated. Nice how the new oil contract is saved for last with one line given to it. At least it's there if you look hard enough LOL.
A comment posted at Dave Kranzler's Truthingold blog by Russ Winter- good, quick read: June 08, 2013 Manipulators Of Gold Now May Not Be Who You Think by Russ Winter http://winteractionables.com/?p=3308
I personally think we are going to get a catalyst this week in the metals that will skyrocket the price. This is just my opinion and you should not count on what I am saying. I just think it is a perfect time to ring the register on the shorts but we need a catalyst to get people out of their shorts or the price is not going anywhere.
I have many positions from 1322 all the way up to 1600 in Gold. I hedged my positions with options at 1560 and sold half of my hedge at 1389 for a very good profit.
All this talk in the past months of this is tight, Gold is gonna skyrocket etc etc etc comes mainly from people who sell physical so don't really go by what they say, they have a business and that is to sell metals to the public.
So, Dan is an outsider and tells the truth from what I can see and I congratulate Dan on telling the truth about these markets, it seems he puts this talk up aside and looks at the fundamentals and saves you guys from being wiped out.
Good work Dan, I now follow this blog regularly. Thanks for your posts and the time you take out of your busy schedule to educate people.
Dan I am new to your site. Good work with your analysis. I trade on the futures market and it seems you are the only one that really knows what hes talking about.
ReplyDeleteYou might want to bring up the below. This is very very good news.
http://www.reuters.com/article/2013/06/07/shanghai-gold-bourse-idUSB9N0B802120130607
Steve- They'll quickly exploit the new gold and silver session and once it proves successful, more trading should be accomodated. Nice how the new oil contract is saved for last with one line given to it. At least it's there if you look hard enough LOL.
ReplyDeleteA comment posted at Dave Kranzler's Truthingold blog by Russ Winter- good, quick read: June 08, 2013
ReplyDeleteManipulators Of Gold Now May Not Be Who You Think
by Russ Winter
http://winteractionables.com/?p=3308
The answer to the riddle of plunging PM prices amidst a boom in money supply:
ReplyDeletePhysical bullion supply is limited.
Whereas the supply of fiat paper, the power of the Federal Reserve, and the ability to print COMEX order tickets to short gold is UNLIMITED.
Really, it's that simple.
Hi Michael3c2000,
ReplyDeleteI personally think we are going to get a catalyst this week in the metals that will skyrocket the price. This is just my opinion and you should not count on what I am saying. I just think it is a perfect time to ring the register on the shorts but we need a catalyst to get people out of their shorts or the price is not going anywhere.
I have many positions from 1322 all the way up to 1600 in Gold. I hedged my positions with options at 1560 and sold half of my hedge at 1389 for a very good profit.
All this talk in the past months of this is tight, Gold is gonna skyrocket etc etc etc comes mainly from people who sell physical so don't really go by what they say, they have a business and that is to sell metals to the public.
So, Dan is an outsider and tells the truth from what I can see and I congratulate Dan on telling the truth about these markets, it seems he puts this talk up aside and looks at the fundamentals and saves you guys from being wiped out.
Good work Dan, I now follow this blog regularly. Thanks for your posts and the time you take out of your busy schedule to educate people.
Cheers,
Steve