Wonger

Commercials are net short 278000 futures contracts, ive explained previously the likely outcome and that I am short with a target price of $400! 

Commercials are net short 278000 futures contracts, ive explained previously the likely outcome and that I am short with a target price of $400! 

Commercials are net short 278000 futures contracts, ive explained previously the likely outcome and that I am short with a target price of $400! 

Quite right I do not believe Gold will drop to $1000 oz, I believe it will drop to $400!

I now predict that Gold will crash in excess of $1000 from here and it started today, see you at $400-$600 area guys and gals!

Ok your in the sweet shop and your excited looking at all the sweets as they look so damn tasty,, you chose your sweets and go to the counter only to find you lost your money on the way to the sweet shop, your now deflated, but it was avoidable if you had only done your homework and checked you still had your money before choosing your sweets!

275,000 net commercial futures shorts wont worry too much!

Entirely agree that the amount of currency printing would lead you to believe that inflation is coming and fast, but the debt defaults dwarf this, I notice the Spot Futures difference is now down to just $26 having been $60 just 48 hours ago, I view that as bearish as the speculators have obviously stopped buying and the commercials are making their move on them 

I personally would not be short equities until SPX $3328 and the short 30 year UST is not a short term trade, so I have a choice of long equities until SPX $3328 then short, or right now short WTI and long Tankers TNK, STNG, LPG, EURN, DHT, TNK and STNG are the bang for the buck (just look at charts) but we decided to also include LPG, EURN and DHT as they diversify the risk somewhat, however on a 6 Month time frame I expect I would be fine holding the Cash also for increased purchasing power as Gold is going down!

The markets are only very very lightly related to the economy and thats because the markets are rigged to fool the masses and economic figures are pure lies thrown in for good measure, so dont worry, were not rocket scientist far from it, its all about controlling risk and losses just like a blackjack player, its actually very mundane and not at all exciting as seen one chart seen them all and Im in T Shirt and Flip Flops 😁  

Tankers rates are hitting $200-$300k daily, imagine what happens if the economy does not start to recover for 18 months, we will all be drowning in oil while traders are buying at $4 filling tankers and shorting Futures at $40 locking in $25 million profit per tanker of oil, its crazy  

Tankers rates are hitting $200-$300k daily, imagine what happens if the economy does not start to recover for 18 months, we will all be drowning in oil while traders are buying at $4 filling tankers and shorting Futures at $40 locking in $25 million profit per tanker of oil, its crazy  

At least the Cat investing performance is actually debatable, unlike the Gold price direction from here, which is down! 😉

I now predict that Gold will crash in excess of $1000 from here and it started today, see you at $400-$600 area guys and gals!

The Cat also took a look at the Gold price at $1645 and the Trillions of stimulus announced recently and yawned before curling up and going back to sleep!

The Cat also took a look at the Gold price at $1645 and the Trillions of stimulus announced recently and yawned before curling up and going back to sleep!

The Cat also took a look at the Gold price at $1645 and the Trillions of stimulus announced recently and yawned before curling up and going back to sleep!

The Cat also took a look at the Gold price at $1645 and the Trillions of stimulus announced recently and yawned before curling up and going back to sleep!

At least the Cat investing performance is actually debatable, unlike the Gold price direction from here, which is down! 😉

"everything would be collapsing not just gold" Wrong, the purchasing power of your cash will rocket up, aside from any speculative bets on the collapse, this is why I sold my Gold recently at these crazy premium prices and im shorting Gold, because its going down with everything else
Agree that the Dollar will collapse too, but not before its reached 140 or even higher and destroyed the global financial system first being the last man standing, the higher the Dollar goes the higher it has to go, it will go as it high as it needs destroy everything 140/180/220 take your pick, when your a foreigner and owe $12 trillion in Dollar debt, your only choice is too print your own currency to buy Dollars, thus driving the Dollar even higher 

Have you unblocked me again, cant keep away? 😁