tag:blogger.com,1999:blog-1708908742323002823.post5631273005925365029..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Falling GLD Inventories - A Warning Sign Ignored by Gold BullsTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1708908742323002823.post-54599251143297102652014-11-01T06:26:41.479-07:002014-11-01T06:26:41.479-07:00Gentlemen, I always enjoyed Dan articles as they a...Gentlemen, I always enjoyed Dan articles as they are very balanced and informative. Thank you Dan for all your effort and contributions. I benefited a lot from your articles. I also would like to share with all of your readers and yourself a huge web app I designed which is free on the net at www.yamasuta.com. YaMasuta is a robot as you said we are in the computer age of trading. It is a robot that analyses all public companies and currencies in 33 countries with 57 exchanges. It does so every day after market close. I would all of you to try it and give it a run for the next 6 months to see how it works and compare it with your strategy.Dr. Basel Dayyanihttps://www.blogger.com/profile/04605958422301841864noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-64772072014212381062014-10-30T09:27:13.858-07:002014-10-30T09:27:13.858-07:00Michael and Lauren;
I am very, very happy to lear...Michael and Lauren;<br /><br />I am very, very happy to learn this. Congratulations for being a good student of the markets!<br /><br />Those who ignored all the false theories, the claims made by the self-appointed gold expert whistleblower and his fraudulent claims, the backwardation claptrap, the negative GOFO rates, bank bail ins, blah, blah, blah and just approached the market objectively and with an open mind have not lost a penny on any physical gold they might have owned because they have hedged it all. They also have been able to profit and actually made money on the decline in price. so they have the best of all possible worlds - they own physical gold for insurance, they have suffered no losses on that physical gold because of proper hedging and they have made money at the same time. That is how professionals operate in distinct opposition to the hucksters, carnival barkers , "gold and silver short squeeze is imminent " deceiver and other assorted flim flam artists that infest the world of precious metals. <br /><br />Mr billionaire fund manager, who is always cited as some sort of expert for some strange reason when it comes to price predictions on the metals, is now mr former billionaire and merely mr. millionaire.<br /><br />Keep an eye on the price action in the metal to close out this week. Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-66099493936340288052014-10-30T09:14:59.693-07:002014-10-30T09:14:59.693-07:00Dan, thanks for your insights. I am sitting on 70 ...Dan, thanks for your insights. I am sitting on 70 GDX puts that are up 300% right now. If gold breaks 1180, that trade is going to reverse all the losses I have suffered from listening to the perma bull crowd over the last 3 years. Thanks for giving me the courage to put my money on the correct side of the market for once!<br /><br />Michael + Lauren Gregoryhttps://www.blogger.com/profile/16812344593039748546noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-28181553306462007422014-10-30T09:09:55.515-07:002014-10-30T09:09:55.515-07:00Capitulation to some degree seems probable by year...Capitulation to some degree seems probable by years end in GLD/SLV and GDX etc as year end selling in those vehicles locks in the tax write offs for next year imho.<br /><br />It could get even uglier at years end I think.<br />Thanks for the write up and effort Dan.<br />Hopefully some some folks who visit here check out the donate button above and leave a tip of appreciation for you.<br />I only mention this because I know Dan won't. That trait speaks for itself.DarkPurpleHazehttps://www.blogger.com/profile/06725074790604681185noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-12571244362680317482014-10-30T08:49:39.231-07:002014-10-30T08:49:39.231-07:00Hi Dan,
Any comments regarding silver? It's d...Hi Dan,<br /><br />Any comments regarding silver? It's down quite a bit today and I was wondering what its next support level is. I assume $16... it's not too far from that now. Thanks!TheGilliomhttps://www.blogger.com/profile/15683076214137118915noreply@blogger.com