Loading ...Last post
… for today.
Alot of great stuff from all at gold tent in these trying times… and I might of pushed some already on the other page.
Anyways… Not sure if this end of day errors in CME’s calculations of odds… but looks we are getting cuts… and lots of them!
Edit: ahhh… glitch,, well sort of… sorry guys.
If silver and gold don’t react to this… something seems very wrong.
$gold has been reacting. It’s $silver and the miners that need to repair the damage to this week’s chart. I am the biggest long term bull there is, but I just cannot envision the miners just taking off from here. I’ll be blown away if it was to happen now, after all of this carnage.
Gold stayed above its 10ma today but Silver & the Miners (GDX, GDXJ, etc) did not signaling the are moving into their next short term Trading Cycle Low (TCL) and perhaps thier longer ICL as well. FWIW, my work shows that Gold often gets a bid in a flight to safety but not so much Silver and the mining stocks. The later two have a long history of selling off with the broader stock market during panics.