tag:blogger.com,1999:blog-1708908742323002823.post6665609727308637590..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Gold Holds $1280 support; Remains RangeboundTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger39125tag:blogger.com,1999:blog-1708908742323002823.post-2703560268954294952014-04-22T14:47:45.808-07:002014-04-22T14:47:45.808-07:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-21218446498023255022014-04-22T11:28:49.060-07:002014-04-22T11:28:49.060-07:00i have a better idea... just don't read the co...i have a better idea... just don't read the comments. how hard is it to ignore the bloggers that you do not like? isn't it enough that Dan provides his expertise for free? perhaps you would be better off finding another free site that has a philosophy that you more agree with, and perhaps is extra heavy on "group think". when i was an adult, i learned that people generally don't agree on many things, but yet can get along just fine. the exception are people in various cults. <br /><br />it takes little effort to find common ground, so why do the extra work to build fences? or ask Dan to pay for a feature he does not need.<br /><br />all IMHO, and feel free to disagree.peckerwoodhttps://www.blogger.com/profile/00741664412098028698noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-22279083977725565472014-04-22T10:46:09.411-07:002014-04-22T10:46:09.411-07:001.45 Eastern time
Gold Price sharply down ( has no...1.45 Eastern time<br />Gold Price sharply down ( has not yet broken 1279 support) but ^HUI is up nicely- a ( bullish ? ) non-confirmaiton for Gold stocks ? Time to step into GDX and GDXJ again ? Need to wait for the close. SA in Gold and HL in Silver are showing nice strength and I am gradually acculmulating.WolfWisdomhttps://www.blogger.com/profile/01035527970541910596noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-18845762658484461812014-04-22T09:48:51.551-07:002014-04-22T09:48:51.551-07:00I find some of these comments quite pathetic , to ...I find some of these comments quite pathetic , to be honest . Dan , I don't understand , how come you don't have and application in the blog by which one is able , at his choosing , simply to leave out bloggers at one's choice . For example , if Hubert , thinks that my comments are not worth his while , he just deletes me from his view , nobody will know , so nobody gets offended , and he doesnt have to keep up with my daily non sense . If at some point he feels that by some miracle I am giving some proper value by what he reads from others who may be referring to my comments , even though he doesnt see them , he could switch me back on . Don't you think this is reasonable ? The last thing I want is for anybody to get offended , when I was a child I learned that business should not be taken personal , hence my point . Best as always .Anonhttps://www.blogger.com/profile/01595034035769200702noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-46794470665541439582014-04-22T09:23:15.216-07:002014-04-22T09:23:15.216-07:00The comment about the three stooges at KWN today i...The comment about the three stooges at KWN today is just too funny.<br /><br />Russell as Curly, Turk as Moe, Greyerz as Larry. I can't stop laughing, sorry.Anonymoushttps://www.blogger.com/profile/17339718343562676618noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-20228864600202203232014-04-22T09:18:46.073-07:002014-04-22T09:18:46.073-07:00While the upwards pitchforks have recently been br...While the upwards pitchforks have recently been broken, leaving only the horizontal support of the range at 1280 for bulls to hope another bounce (but the more a support is attacked, the weaker it becomes, and this is the third time already...), the nasty bearish pitchfork one can trace on the daily time unit is alive and kicking.<br />No possibility to post a chart now, but I'll do it within 2 hours.<br />Anyway, for the bulls still long out there, it might be time to stay out of the way...the daily ma20 is going down, upwards supports are being broken, horizontal supports are being tested again...doesn't sound very good.<br />Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-66846307258279678072014-04-22T09:14:17.602-07:002014-04-22T09:14:17.602-07:00Which simply means that all the facts supporting a...Which simply means that all the facts supporting a bullish position on gold dont mean a thing until the market changes from bearish to bullish. So repeating them day after day is useless. I dont question anyones intentions. Just sad to see some drawing conclusions from those facts which have no relation to current market action.arniehttps://www.blogger.com/profile/17597016551120682781noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-70647962391540708182014-04-22T09:13:42.124-07:002014-04-22T09:13:42.124-07:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/17339718343562676618noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-33274609755231917292014-04-22T09:08:41.813-07:002014-04-22T09:08:41.813-07:00Eric;
Thanks very much for that...
You know what...Eric;<br /><br />Thanks very much for that...<br /><br />You know what is sad - is that some of these guys have the least shred of credibility left when it comes to gold. Maybe at some point we will see gold at those sort of price levels, but who the heck knows when that might happen or if it will ever happen? The truth is no one knows because no one knows the future. What we do know is what we have on the price charts NOW and that is what we should deal with and leave the prognostications alone. Some of those guys just cannot seem to stop. It is almost like some sort of addiction. Very tragic. Even more tragic is that so many continue to listen to them and invest or trade accordingly. They are being ruined financially in the process. I just hope we can get some of them to wake up and understand that for all the hype and hysteria involving gold, it is not going to obey the wishes of some of these men but will do what it wants to do in its own time. Hopefully we are wise enough to be able to interpret that properly. Reading markets is always a challenge and they can trip up the most experienced of traders. That is why humility is more fitting than the continual wild predictions. It reeks of hubris and self-aggrandizement which benefits no one.<br /><br />Good trading/investing to you.<br />DanTrader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-15472687827287915332014-04-22T09:03:51.705-07:002014-04-22T09:03:51.705-07:00Eric The Red:
He was better off saying $260.00 .....Eric The Red:<br /><br />He was better off saying $260.00 .. more chance of becoming a hero later.Alicehttps://www.blogger.com/profile/06475799883794713062noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-20211245545043182892014-04-22T08:57:29.413-07:002014-04-22T08:57:29.413-07:00Good point, Dan, and well taken. I could have lef...Good point, Dan, and well taken. I could have left off the alzheimers thing, and the point would have been the same. Just got a little over excited I guess.<br /><br />How about Egon and his $26,000 gold? Just shows age has nothing to do with it.Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-61146625652066526952014-04-22T08:46:49.401-07:002014-04-22T08:46:49.401-07:00Jasper;
Thank you for seconding that. I appreciat...Jasper;<br /><br />Thank you for seconding that. I appreciate it.<br />DanTrader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-86425032997528782912014-04-22T08:44:34.528-07:002014-04-22T08:44:34.528-07:00There really is no need or reason for ad hominem a...There really is no need or reason for ad hominem attacks plenty of material to hang em out to dry for failing to observe were in a bear market for not one not two but three years in a row.Jasperhttps://www.blogger.com/profile/03831704112998990130noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-81594049882171664722014-04-22T08:39:13.871-07:002014-04-22T08:39:13.871-07:00Eric;Steve;Abraxas;
Please refrain from any furth...Eric;Steve;Abraxas;<br /><br />Please refrain from any further personal attacks on Russell. I don't care if you want to take him to task for his faulty predictions and horrific track record of late, but let's not turn this blog into a place where it can be said that we attack people over their age or anything along that line. <br /><br />Look, he has been horribly wrong like so many of the rest of the perma gold bulls but we do not need to insult his character.<br /><br />If I feel the attacks are continuing, I will have no choice but to have those posts deleted. Again, you can go after those who stick their necks out there and make off the wall predictions that fail totally but leave off the attacks on his age.<br /><br />Thanks for heeding this.<br /><br />DanTrader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-33086421640766559082014-04-22T08:29:00.046-07:002014-04-22T08:29:00.046-07:00he probably wears diapers toohe probably wears diapers tooAbraxashttps://www.blogger.com/profile/17197404330070459811noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-80520760235973275272014-04-22T08:28:39.745-07:002014-04-22T08:28:39.745-07:00Mark, I suspect it doesn't get mentioned often...Mark, I suspect it doesn't get mentioned often, as I've seen comments directed towards you balanced more towards the negative side, but just so you know, those of us who "get" the situation and see the gold/silver community for what it is, have been getting good laughs from your posts behind closed doors. And I mean LOL. Those who have been involved in religious cults in the past, saw through it, broke free, and lived to tell the tale are the ones nodding and chuckling the most as the all-too-familiar (cult) behavior patterns surface one after another from the hucksters and disgruntled minions. When it comes to your commentary, we "get" the humour.<br /><br />The really clever out there are probably patiently biding their time, waiting for complete decimation and capitulation of the metals, not being fooled by the false hope/headfake countertrend rallies and the desperate sensationalism that accompanies them, before swooping in to pick up the bargains near the final lasting bottom, even if it takes years of gnashing of teeth and whipsaw activity like we're seeing now, to get there.<br /><br />Thanks for the laughs, Mark!Alicehttps://www.blogger.com/profile/06475799883794713062noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-90623543219157509052014-04-22T08:15:15.171-07:002014-04-22T08:15:15.171-07:00wears a bib at the table, like my grandkids; spark...wears a bib at the table, like my grandkids; sparks Anonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-70598967162644867872014-04-22T08:13:51.557-07:002014-04-22T08:13:51.557-07:00Mark, I do understand that Ukrainian women are qui...Mark, I do understand that Ukrainian women are quite pretty; not much volume down here in gold for the last 20 mins, so I would think 80 does not hold as we get deeper into the day; sparksAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-12971760190169493612014-04-22T07:59:40.018-07:002014-04-22T07:59:40.018-07:00Yeah, Richard Russell. "The dollar will cras...Yeah, Richard Russell. "The dollar will crash in a matter of months".<br /><br />Ok, whatever, dude. Poster child for Alzheimers.Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-17035900180115184012014-04-22T07:53:23.702-07:002014-04-22T07:53:23.702-07:00Hey steve, I'm ready to bail on that tin foil ...Hey steve, I'm ready to bail on that tin foil hat Q & A session, what about you?<br /><br />You won't find me stupid enough to swallow entire gold bars which are declining in value every single day and risk confiscation as I cross the border. I mean how dumb was that?<br /><br />I say you and me should go to Ukraine instead and seek out some nice looking women over there and enjoy some fine whiskey!!!Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-42154478155467542842014-04-22T07:50:45.065-07:002014-04-22T07:50:45.065-07:00One can "bottom fish" and just reflexive...One can "bottom fish" and just reflexively buy whatever has been creamed. Mean Reversion, yada, yada, yada. But only if you think there is actual fundamental value there somewhere. <br /><br />I no longer believe any fundamental value exists in the PM mining industry. Miners are all structured to eventually go to zero. Are you smart enough to determine which lottery tickets will hit? <br /><br />I'm not. I used to think I was. But I'm not. Nobody is.<br /><br />Bottom fish in something like Proctor & Gamble if you like. There is a company that is not going away. But not in miners. Zero is always a possibility with miners. More than a possibility. A dead certainty, sooner or later. 20 years from now, or 20 days. It's always a crapshoot.Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-33087034056728231552014-04-22T07:44:52.450-07:002014-04-22T07:44:52.450-07:003 Stooges @ their best today over in the kwn sewer...3 Stooges @ their best today over in the kwn sewer; sparksAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-76773421833320304442014-04-22T07:39:48.548-07:002014-04-22T07:39:48.548-07:00That is right, Mike. If you gonna invest in gold, ...That is right, Mike. If you gonna invest in gold, then invest in gold and not in some hole in the ground in which you throw your money and it magically comes to the execs' packets.Abraxashttps://www.blogger.com/profile/17197404330070459811noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-67586810045615883712014-04-22T07:35:26.052-07:002014-04-22T07:35:26.052-07:00Gold continuing to get pounded while stocks roar a...Gold continuing to get pounded while stocks roar ahead on ultra strong economic news rolling out every day.<br /><br />Man the gloom and doomers must be pulling their hair out. Marc Faber's pony tail is probably on fire right now, watching the Dow soar and his 1987 repeat call looking rather foolish.<br /><br />And don't even get me started on the KWN boys, come hell or high water those guys are going to be chanting the same thing over and over again, even if the Dow reaches 18,000 and gold goes back to $900.<br /><br />Stay in the System!!!Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-2199568342448543932014-04-22T07:32:24.203-07:002014-04-22T07:32:24.203-07:00Thanks, Andyrama.
With all due modesty, the only g...Thanks, Andyrama.<br />With all due modesty, the only good call I ever made on miners was to sell all of them in Nov. 2012. But...sometimes...one good call is all you need. :) <br /><br />They are still down about 50% as a group from where I dumped them. And I don't expect any serious recovery anytime soon, if ever. Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.com