tag:blogger.com,1999:blog-1708908742323002823.post3781804063155459867..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Commodities Continue Soaring... Gold and Silver followingTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger44125tag:blogger.com,1999:blog-1708908742323002823.post-41157977317324482882014-02-25T12:06:49.532-08:002014-02-25T12:06:49.532-08:00hope I'm not polluting the line, but I like to...hope I'm not polluting the line, but I like to become a bit crazy from time to time...and this song is really so adequate for following Dan's site that it makes me laugh a lot :)<br />So here is the ultimate link for Dan's tribe, to be sent ruthlessly to all gold bug's mail addresses you may know.<br />War is upon you, whether you want it or not.<br /><br />https://www.youtube.com/watch?v=BEm0AjTbsac<br /><br />Start trading after this mantra music every single day :)<br />OK...better go to bed I think, before my case becomes worse...Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-76620450612040638492014-02-25T12:05:54.403-08:002014-02-25T12:05:54.403-08:00Hubert;
Thanks for a great laugh... you really ha...Hubert;<br /><br />Thanks for a great laugh... you really have a great sense of humor my friend plus you are just witty!<br /><br />Dan<br />Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-69131277374975638552014-02-25T12:00:13.564-08:002014-02-25T12:00:13.564-08:00Sorry, this link is better....
https://www.youtube...Sorry, this link is better....<br />https://www.youtube.com/watch?v=tSfHKkiYeuM<br />So here we are, the forgotten tribe exiled from its land of KWN's saturdays metal wrap...following an old king and an old religion called trading and technical analysis...but still decided to get back our gold in the end :)Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-22022613022630749302014-02-25T11:53:50.726-08:002014-02-25T11:53:50.726-08:00So you are a Dwarf in your heart :)
Well, what els...So you are a Dwarf in your heart :)<br />Well, what else? Only Dwarves love gold, after all...<br />Hail to the King of the Mountain!<br />(I think with that one, we can begin a stronger cult than KWNs)<br /><br />http://www.youtube.com/watch?v=3t473wwL1rw<br /><br />I'll change my character's profile and avatar right away...<br />Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-70664157687028454792014-02-25T11:38:41.883-08:002014-02-25T11:38:41.883-08:00Give it some time - the rest of the world is turni...Give it some time - the rest of the world is turning their back on the Almighty Dollar so when (not if) the dollar crashes and burns $400 silver will sound like a real bargain.AKhttps://www.blogger.com/profile/14929460326203772785noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-17723108172373706542014-02-25T11:31:27.920-08:002014-02-25T11:31:27.920-08:00UG;
It can be difficult at times to know exactly ...UG;<br /><br />It can be difficult at times to know exactly who is doing what in the markets and why because we do not have access to data from all the other forums/venues/markets that some of these large players might have exposure in.<br /><br />There is a huge OTC market - there are other exchanges ., etc. that large players can use to spread off positions that they hold in one venue.<br /><br />Remember - it was back during the December Comex Gold delivery period when the perma gold bugs were crying up the fact that JP Morgan was taking delivery of all that gold and were going to be long while the gold market took off and went soaring to new heights. Well guess what - they are not long anymore - at least not at the Comex. They were actually delivering some of that gold they acquired during the December gold delivery period into the February gold contract delivery period. They made a handsome profit in the process I might add.<br /><br />they made money on that gold - now they are shorting it. <br /><br />Morgan could be short against a host of commodities because they believe the current rally is a short-term phenomenon or because they are hedging against forward contracts they might have entered into or for a host of reasons that we are not privy to. My article that you referred to was written during the bullish phase of gold and when the US Dollar was collapsing. that is why I found the behavior of the gold shorts at that time incomprehensible. <br /><br />I would not worry too much about what they are doing right now and just keep an eye on the US Dollar index and the charts.<br /><br />It is apparently open season on commodity bears of all stripes right now. Not sure when the season is going to come to an end.<br /><br />And by the way - Butler is one of these guys who sees a JP Morgan behind every bush in the commodity markets to the point of obsession.<br /><br />Just follow the money flows and forget about MOrgan for now.<br /><br />And yes, to echo Abraxas, who no doubt is wise beyond his years - There can only be one King under the Mountain and his name is not Thorin Oakenshield by Norcini Oakenshield.<br /><br /><br /><br />Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-25796495716600896922014-02-25T11:11:25.177-08:002014-02-25T11:11:25.177-08:00No, UG, it is not OK to listen to Ted Butler. This...No, UG, it is not OK to listen to Ted Butler. This is Norcini's cult and we only listen to Norcini!<br /><br />Just kidding, of course.Abraxashttps://www.blogger.com/profile/17197404330070459811noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-4594367244548140502014-02-25T10:46:01.418-08:002014-02-25T10:46:01.418-08:00So true, Steve. So unfortunately true. But that...So true, Steve. So unfortunately true. But that's how this world is set, so there's nothing we can do about it, except make fun of these clowns and try to profit a little in the process (if that's not too much to ask).Abraxashttps://www.blogger.com/profile/17197404330070459811noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-41269993413902749272014-02-25T10:21:58.540-08:002014-02-25T10:21:58.540-08:00Shark, now that you have been trading for 3 months...Shark, now that you have been trading for 3 months and want to buy the gold >1350, I think I will give you some; you do not seem to realize that hyperinflation has already arrived, or do you just look at the $dx and ignore the rest of the world. You are just like the guy who sits down at the poker table and sez to everyone, "look fellows, if we all just play nice, we can all win a little bit". hahaha, if you think you are gonna come out winners in a hyperinflation, well, then, ;good luck, my son; sparksAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-57368848694434002002014-02-25T10:17:14.418-08:002014-02-25T10:17:14.418-08:00Dan,
I have been reading your blog for years now....Dan,<br /><br />I have been reading your blog for years now. I always learn something and I thank you for doing it openly free. Concerning your fights with some other people in the gold community, I have my own opinion about it and to be honest it does not bother me much as to others do. I keep on reading your thoughts every day.<br />I have question if I might. <br />I agree with you that Ukraine has a lot to do with the current rally. Looking at the latest COT and reading Ted Butler (I read him too, I hope is ok) apparently JPM is almost the only player adding shorts against the remaining ones. The rally is two weeks long now, and JPM could have profited from a rise if it joined the other participants. Instead, and probably from last Tuesday more so, it increases shorts against everybody.<br />I have in my blog, as a fixed link, an article of yours named “The Anomalous Open Interest Pattern of the Gold Market”. Where you describe that “some agents” pile shorts not bothering about the unrealized losses. They just keep doubling down in some cases. <br />Is not this behavior something odd? Being long gold overall, instead of profiting from it against Managed Money on the rise, short with everything you have. <br />It seems like the rise is OK as long as it is orderly. Just like the one we have.<br />Have you noticed today after the consumer data, the 10k GC traded? Half where new shorts… Even with tanks in Sevastopol.<br /><br />Thanks in advance for your great thoughts<br />UGhttps://www.blogger.com/profile/09963712708993362623noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-46574789581574416552014-02-25T10:15:19.399-08:002014-02-25T10:15:19.399-08:00well said Abraxas; but remember, if you are a 40 y...well said Abraxas; but remember, if you are a 40 yr vet of the mkts and made a right call 10 yrs ago and have lived all over the world, and consult to oligarchs and once managed the men's room at Goldman or Morgan or Drexel or whatever, then, what you say is gospel; sparks Anonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-69155510327475655512014-02-25T09:40:40.923-08:002014-02-25T09:40:40.923-08:00One of the year veteran clowns is now predicting t...One of the year veteran clowns is now predicting that a number of black swans are to pop up in 2014. Someone should explain to this venerable gentlemen that black swans are by nature utterly unexpected events and therefore unpredictable. If he can anticipate it then it's not a black swan by definition. Ignorance and shamelessness know no boundaries.Abraxashttps://www.blogger.com/profile/17197404330070459811noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-71816263807486163732014-02-25T08:45:30.769-08:002014-02-25T08:45:30.769-08:00Gold's High Volume Spike above 1350 about to o...Gold's High Volume Spike above 1350 about to occur and silencet all the Anti Hyperinflationists! Anonymoushttps://www.blogger.com/profile/13412568867837304382noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-41353898123312771142014-02-25T08:39:07.287-08:002014-02-25T08:39:07.287-08:00Best way for you to express you feeling is to post...Best way for you to express you feeling is to post in comments section at the end of his article:<br />http://www.moneyandmarkets.com/how-to-keep-up-with-speculators-in-the-gold-market-58579WolfWisdomhttps://www.blogger.com/profile/01035527970541910596noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-16059198616710168732014-02-25T07:49:32.155-08:002014-02-25T07:49:32.155-08:00Worse, that guy is selling his own shit, baiting p...Worse, that guy is selling his own shit, baiting people with Dan's free stuff.<br />Damn, it's like if a newsletter analyst like Polny was using as a free letter for subscription to his subscriber service the free content made by Dan as a bait!<br /><br />Someone said, you will not sell what was given to you for free.<br />I hope this moron will meet his creator.<br />Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-20067161082982695732014-02-25T07:26:28.971-08:002014-02-25T07:26:28.971-08:00my God , that guy basically cut and paste HAHA ! t...my God , that guy basically cut and paste HAHA ! thats pretty pathetic …. gold going higher though … BTW , where is Mark ? I guess he run away with my bit coins , he didn't show up for bbq , now I figure Anonhttps://www.blogger.com/profile/01595034035769200702noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-55417908047093804952014-02-25T06:50:10.788-08:002014-02-25T06:50:10.788-08:00Bitcoin---the beginning of the end or the end of t...Bitcoin---the beginning of the end or the end of the beginning? sparksAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-91648248228583964052014-02-25T06:32:30.381-08:002014-02-25T06:32:30.381-08:00Wolf - you know what is so pathetic about this gen...Wolf - you know what is so pathetic about this generation? It has no ethics, no honor and no integrity- and perhaps more illuminating - no functioning conscience. If people are going to lift my writings nearly verbatim, they should have the decency and honor to at least attribute the source of "their inspiration".<br /><br />Oh well, I guess I should be happy - imitation is the sincerest form of flattery.<br /><br />Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-87013109287236757742014-02-25T06:20:22.633-08:002014-02-25T06:20:22.633-08:00Biotech is a bubble if you ever see one.Biotech is a bubble if you ever see one.jmsvetthttps://www.blogger.com/profile/16695524442688262114noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-37079438671053463722014-02-25T06:19:07.201-08:002014-02-25T06:19:07.201-08:00Potential triple top in s&p 500 here.Potential triple top in s&p 500 here. jmsvetthttps://www.blogger.com/profile/16695524442688262114noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-4104890786943016962014-02-25T05:28:11.317-08:002014-02-25T05:28:11.317-08:00http://www.moneyandmarkets.com/how-to-keep-up-with...http://www.moneyandmarkets.com/how-to-keep-up-with-speculators-in-the-gold-market-58579<br /><br />Is Douglas Davenport reading Trader Dan's blogs ?WolfWisdomhttps://www.blogger.com/profile/01035527970541910596noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-9374768796300184692014-02-25T02:01:18.660-08:002014-02-25T02:01:18.660-08:00Silver reached my theoretical target of 22.20 $ wh...Silver reached my theoretical target of 22.20 $ which I posted a few days ago.<br />I'm not here to say "see? I told you!" kind of ego oriented stuff, but simply to witness and stress on the fact that technical analysis is not a BS science but really allows traders to identify some high probability areas for targets and reversal points, which is all the point : where do I buy, where do I sell?<br /><br />So, this 22.20 theoretical target was obtained by a simplest T.A trick, in French "la règle du balancier" ou "report de range".<br />Silver was bouncing up and down within a horizontal range between 19.00 and 20.60. In this case, take the same delta (here 1.60) and add it to the ex resistance, to find your target. 20.60 + 1.60 = 22.20.<br />It's only a target.<br />It doesn't mean you are sure prices will race there.<br />It only means that it can be a realistic target and that prices have at least a fair chance to get there, statistically speaking.<br />Have a nice day, Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-44536169687368876932014-02-25T00:22:23.916-08:002014-02-25T00:22:23.916-08:001337 : another daily fibonacci retracement of the ...1337 : another daily fibonacci retracement of the 1435-1180 down move.<br />(1277-1307-1337).<br />Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-87668149087074307752014-02-25T00:16:34.746-08:002014-02-25T00:16:34.746-08:00What a strange environment. We have China slowing ...What a strange environment. We have China slowing (deflationary), the Fed likely to freeze its taper plans (shows deflation remains intact), the GS commodity index rising (suggests inflation), and the Ukraine problem. <br /><br />I don't trust Russia and think that it'll make a sudden move while the western nations are sleeping. The Ukraine isn't free yet. <br /><br />I'm in 50% in the gold miners - if they go higher...great, if they fall...i'll buy in again at lower prices. Seems prudent at this time. Peace. Anonymoushttps://www.blogger.com/profile/08248703812009022489noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-80959139166626426442014-02-24T22:58:53.409-08:002014-02-24T22:58:53.409-08:00Ukraine is splitting in two and is close to the po...Ukraine is splitting in two and is close to the point of no return, internally. Depending on what "government" emerges in Kiev, I think Putine is perfectely able to call anyone's hand and come to "protect" easter Ukraine just as he did in Georgia.<br />His moves about Syria showed he is not backing down from potential confrontation with US.<br />Imho he can't care less for the Nobel Prize.<br />Olympics served him internally first of all.<br />Building the pride of great Russia.<br />You don't know Russians if you think they'll just let the West take control of Ukraine and do whatever they want there. There will be a red line, but Putin won't talk about it all the time in the media.<br />I'm sure he's doing it one to one with our presidents, though.<br />This guy is not Hollande. <br />I prefer to worry too much on this one than not enough.<br />Risks of escalation are higher than in Syria or Georgia.<br />The people of Ukraine won't necessarily reconcile, despite the desires of european countries.<br />Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.com