silversky

I was highlighting this a few weeks ago albeit in the crypto thread (BTC correlates with big tech stocks). You're 100% right though, the world's richest men and the CEOs of major companies are having a billionaire's car boot sale. They have called the top and by default they can't be wrong, just like they weren't wrong the last few times they collectively sold shares
As for that p**** Jamie Dimon, I have my suspicions about that. Looks more like he's setting himself up for public office - failing upwards - like his mate Henry Paulson. It's a requirement for the Secretary of the Treasury to sell his shares before taking office so he can't be accused of, you know, orchestrating a trillion-dollar bailout for his buddies, cause that would NEVER happen 🤷‍♂️

Everytime I see gold moving I think to myself.. HMGS is on the way with a TLDR post

Who @treetop1280 or @HonestMoneyGoldSilver??

No, it'll still be blamed on Orange man bad mmmkay! 

Hammering down you say? 🧐 £1863

So if I had gone short on Friday afternoon, hoping that this week was going to see a local top put in and a sizeable correction....  I'd be getting a little bit worried by now.
We've had three days of ranging about which is normal, but this meeting was supposed to be a trigger to send it crashing back down.  It hasn't happened decisively yet, and even a move to the upside appears to be starting to form in shorter timescales.  I'm picking Up for the end of this week as per my poll.

For the red dwarf fans out there, I'm reminded of an episode where Rimmer tells Kryten to take the lead because being out in front is dangerous.  Kryten points out that in movies it's usually the guy at the rear who buys it, so Rimmer orders him to take both the lead and the rear!   Kryten ends up orbiting around him as they go.  Gold is a bit like Kryten, seemingly orbiting and being in front and behind rates at the same time.  But something else is also going on.  Just like a cat stalking a bird, the bird sees the cat moving side to side.  But it does not see that the cat also moves slightly closer with each sideways pass.  Gold is diverging from fiat in each of these shuffles back and forth with rates.  It only becomes obvious on the longer timescales.

Royal mint site is a whisker off 2 grand for a single brittania and 475 a soverign. Psychologicaly for me seeing 2 grand an ounce breached there will be quite something. 
 

Vote U added.  But only the one I'm afraid

Your name is Tara? That's awkward...

Playing with the edge of the range.  But will it break up decisively?  Or is this it???  

Playing with the edge of the range.  But will it break up decisively?  Or is this it???  

Go65 added Up.
Cut off tonight.  Remember, it is for the end of the week.  Will we be in this current trading range? above it? or below it?    >1870.00, Neutral, <1832.00

Very volatile this afternoon, not used to seeing nearly 50p price swings in one hour!!!

Keep driving ffs

Aye that was Brucie.

Go65 added Up.
Cut off tonight.  Remember, it is for the end of the week.  Will we be in this current trading range? above it? or below it?    >1870.00, Neutral, <1832.00

It's getting like Play Your Cards Right on here, HIGHER... LOWER...

Can I play? My mum says I have to make friends.  UP

@MrStacker up the anti on the graphs bud , your getting destroyed as per usual,??? check out @silversky, he’s just banged in 2 in the same post”, he’s got you with both barrels on that one ??👍

Poll stands at
Paul: U, James32: N, PhilB: N Honest Money: N Bloom: D Katyc: N Silversky: U
Guess for close of the week when the last tick stops. >1870.00 equals Up, <1832.00 equals Down.  in the middle Neutral.

So if I had gone short on Friday afternoon, hoping that this week was going to see a local top put in and a sizeable correction....  I'd be getting a little bit worried by now.
We've had three days of ranging about which is normal, but this meeting was supposed to be a trigger to send it crashing back down.  It hasn't happened decisively yet, and even a move to the upside appears to be starting to form in shorter timescales.  I'm picking Up for the end of this week as per my poll.

Poll stands at
Paul: U, James32: N, PhilB: N Honest Money: N Bloom: D Katyc: N Silversky: U
Guess for close of the week when the last tick stops. >1870.00 equals Up, <1832.00 equals Down.  in the middle Neutral.