tag:blogger.com,1999:blog-1708908742323002823.post8519441682702649403..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: FOMC Statement sends Dollar Higher, Gold lowerTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-1708908742323002823.post-17107647883297392932014-09-17T23:11:46.450-07:002014-09-17T23:11:46.450-07:00Thanks Lan, this confirms that options trading is ...Thanks Lan, this confirms that options trading is not for amateurs and one should learn about it before starting to bet.<br />I find the illustrating of real examples where options make sense compared to directional trading quite interesting.Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-35581773285259789762014-09-17T17:34:58.635-07:002014-09-17T17:34:58.635-07:00PCB; I think Salient people are winners and I than...PCB; I think Salient people are winners and I thank you for showing them to me. There is another Texas group that I also think is worth paying attention to, and they are <br /><br />http://streettalklive.com/index.php/blog/daily-x-change/2352-alternative-measures-suggest-weaker-economy.html<br /><br />Good luck the rest of the week ! (Queenie is priceless)Anonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-70340504230277951332014-09-17T16:48:44.387-07:002014-09-17T16:48:44.387-07:00Zhang, isn' a double sarcasm the same as a sin...Zhang, isn' a double sarcasm the same as a sincerity? <br />Negative seems a bit of a stretch--unlike gold there is real demand for silver. Even as a byproduct metal, the miner could easily store doré bars on site until prices turned positive. I would also guess that mines like Cannington factor silver sales into their costing models…i.e. it's not just like dolphins that are caught in a tuna net. In any case, I enjoy your posts. Thanks.MDLGTOhttps://www.blogger.com/profile/06636563285000423292noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-59491677742484663262014-09-17T16:44:55.040-07:002014-09-17T16:44:55.040-07:00Zhang Lan;
You confirm what I have been saying fo...Zhang Lan;<br /><br />You confirm what I have been saying for several years now that gold has entered its current bear market; Asian demand for gold cannot, in and of itself, take gold higher into a bull market. All it can do is to SLOW THE RATE OF DESCENT, or, if it is sufficiently robust, put a floor under the market. But it cannot make up for the lack of Western-based investment oriented demand for the metal.<br />The ETF, GLD, is what I use as a proxy for that and that is the reason I post that chart fairly regularly. Gold demand in the West stinks right now.<br /><br />Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-22988310205510466322014-09-17T16:42:24.599-07:002014-09-17T16:42:24.599-07:00kkandru;
You are more than welcome....
kkandru;<br /><br />You are more than welcome....<br /><br />Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-54679614407724122012014-09-17T16:26:45.643-07:002014-09-17T16:26:45.643-07:00http://silverenthusiast.com/wp-content/uploads/201...http://silverenthusiast.com/wp-content/uploads/2014/09/Flag.png<br /><br />Seems like we are at a critical point to me on Silver. There is still hope for the 30+ year cup and handle formation to follow through but I am losing confidence by the day in that move playing itself out here. If $17/$17.50 doesn't hold it will probably go to $15 and then bottom out at $10? <br /><br />I feel silver has become a risk asset meaning you are at risk of Not being able to sell it if you have it in your physical possession. <br /><br />But who knows as these markets are tricky indeed...Bobhttps://www.blogger.com/profile/11549367655220089014noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-49932770934089782942014-09-17T16:16:47.897-07:002014-09-17T16:16:47.897-07:00According to article breakeven for tight oil is ab...According to article breakeven for tight oil is about $70 nd could go down to under $60 with efficient drilling techniques. I've always found that numbers are not consistent and it's extremely hard to find pod data on actual drilling costs. <br /><br />http://www.reuters.com/article/2014/04/02/energy-crude-bakken-idUSL1N0MU21Z20140402MDLGTOhttps://www.blogger.com/profile/06636563285000423292noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-43122224589944798512014-09-17T15:35:36.513-07:002014-09-17T15:35:36.513-07:00Let's get a concensus on what would be a new l...Let's get a concensus on what would be a new low on silver. Last time I looked it depended a lot on what website, or comex, or London Fix, or whatever you look at. Whatever it is, it's coming up in 3...2...1...Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-60849336504656775942014-09-17T15:15:37.018-07:002014-09-17T15:15:37.018-07:00what i don't get is why the 10 year is at 2.6%...what i don't get is why the 10 year is at 2.6% ...Anonhttps://www.blogger.com/profile/01595034035769200702noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-15618598754401216072014-09-17T14:52:23.408-07:002014-09-17T14:52:23.408-07:00interesting last nite after all the movement from ...interesting last nite after all the movement from the 'china injection' moved commodities, the china stock market $SSEC actually gapped down:<br />http://stockcharts.com/freecharts/candleglance.html?$ssec,FXE,UUP,FXB,FXF,FXY,FXA,FXC|B|H14,3|0<br /><br />forex brokers are stopping margin ahead of the scotland vote: "Scotland may find it has no EU, no currency and not much oil"<br /><br />cme, however wants more ags traded:<br />"CME lowers corn, soybeans, wheat, soybean meal, soybean oil margins."<br /><br />el nino hasn't been getting alot of press, but notice how there was zero hurricanes that affected florida or new orleans this year! el nino should bring a 2nd year of great crops to south america.<br /><br />alot of hanging about the 20-day MA right now: NDX SPX USO VIX . RUT small caps weaker hanging at 50-day MA.<br /><br />actually was a poor close for SPX nine points off the high o day (did not make a new all time high either missed it by less than a point) and volume was generally uninspiring across the board.<br /><br />cheerio pip pip!<br />77https://www.blogger.com/profile/05390025091154704970noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-86391363282723076562014-09-17T14:27:32.018-07:002014-09-17T14:27:32.018-07:00Silver % Annual Change
2001 -0.1%
2002 4.8%
200...Silver % Annual Change <br /> <br />2001 -0.1%<br />2002 4.8%<br />2003 24.0%<br />2004 14.3%<br />2005 29.6%<br />2006 45.3%<br />2007 15.4%<br />2008 -23.8%<br />2009 49.3%<br />2010 83.7%<br />2011 -9.8%<br />2012 8.2%<br />2013 -35.9%<br />2014 -6.5% (through Sep 15)<br /> 14.2% Avg<br />Bobhttps://www.blogger.com/profile/11549367655220089014noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-73461745472131384592014-09-17T14:12:17.432-07:002014-09-17T14:12:17.432-07:00Just ran the numbers on Silver performance in Dece...Just ran the numbers on Silver performance in December alone over the last 10 years. A down month overall surprisingly (2.65% avg) 2004-13. Getting ready to see performance last qtr avg on SI...fun stuff.Bobhttps://www.blogger.com/profile/11549367655220089014noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-33271176873885507612014-09-17T13:55:34.247-07:002014-09-17T13:55:34.247-07:00My working target price is $15 silver. 1200 gold...My working target price is $15 silver. 1200 gold, with a GSR of 80. Not sure if 1200 will hold though...Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-39306487012005878182014-09-17T13:33:54.028-07:002014-09-17T13:33:54.028-07:00Thanks Dan.Thanks Dan.Jasperhttps://www.blogger.com/profile/03831704112998990130noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-57373785819389358362014-09-17T13:20:25.974-07:002014-09-17T13:20:25.974-07:00FYI -
http://www.reuters.com/article/2014/09/16/u...FYI -<br /><br />http://www.reuters.com/article/2014/09/16/us-china-gold-contract-idUSKBN0HB17F20140916<br /><br />China and Singapore are opening up gold exchanges. <br /><br />Also - Dan - or anyone - what happens to growth if $WTIC falls below $90. A lot of the US growth is fracking - as far as I know.jmsvetthttps://www.blogger.com/profile/16695524442688262114noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-15031555041763087052014-09-17T13:13:12.685-07:002014-09-17T13:13:12.685-07:00Peter Schiff , he was talking about $5000 gold, s...Peter Schiff , he was talking about $5000 gold, so funny. But it's needed to keep his business on I guess.<br /><br />Anyways , Great updates Dan.<br />Thxkkandruhttps://www.blogger.com/profile/13188581185332368777noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-67626184633712535362014-09-17T13:09:58.115-07:002014-09-17T13:09:58.115-07:00The market has spoken.
New intraday records on th...The market has spoken.<br /><br />New intraday records on the Dow, S & P 500, and Transports<br /><br />New 12- mo. lows for gold and silver<br /><br />New high for the move in USDX<br /><br />Institutions are now convinced, more than ever, that U.S. stocks priced in U.S. Dollars are the primary bastion of financial safety and security.<br /><br />And rising interest rates won't matter.<br /><br />And there is zero inflation. None whatsoever.<br /><br />Now, what did the "Godfather" say?<br /><br />Oh, yeah, "Lies and Manipulation", LOL......<br />Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-15238423609648514862014-09-17T12:44:10.489-07:002014-09-17T12:44:10.489-07:00Peter Schiff must be coughing up blood.
USDX has ...Peter Schiff must be coughing up blood.<br /><br />USDX has cleared to new highs, gold getting crushed.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.com