tag:blogger.com,1999:blog-5673441815180854503.post3687418820249904969..comments2023-09-10T09:54:59.309+01:00Comments on Screwtape Files: S Roche's Week In GoldLouis Cypherhttp://www.blogger.com/profile/07670126160101669248noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5673441815180854503.post-29872183386924983352013-02-01T03:41:29.017+00:002013-02-01T03:41:29.017+00:00.. so the wife turns to me and says 'gold is d..... so the wife turns to me and says 'gold is down anyway..'. She had heard it on the television. Funny the media should mention gold price going down and not the surge preceding it. Game on.Warren Jameshttps://www.blogger.com/profile/00631403827559820571noreply@blogger.comtag:blogger.com,1999:blog-5673441815180854503.post-39291723948254629612013-01-29T18:37:23.813+00:002013-01-29T18:37:23.813+00:00comex silver stocks reach highest level since 1997...comex silver stocks reach highest level since 1997...GLD and SLV holdings decreasing ever since that one large inflow day in SLV as well ... so hopefully the silver shortage hype will stop..<br /><br />looks like it's all up to bubblin' crude oil in the CCI.x as the cci held it's 38.2% retracement of the 549.44-567.76 rally at 560.71.<br /><br />cheers!77https://www.blogger.com/profile/05390025091154704970noreply@blogger.comtag:blogger.com,1999:blog-5673441815180854503.post-57087496141174525732013-01-28T18:40:23.010+00:002013-01-28T18:40:23.010+00:00Thanks KD,
I can see the selling pressure by lon...Thanks KD, <br /><br />I can see the selling pressure by longs who do not want to eat Cheeseburgers in the front month, but presumably they buy the new month with identical gusto...a wash?<br /><br />On Roche's brilliant trade going into today: it sucked. If gold pops now Roche will have been right for the wrong reasons. It's happened before.S Procheimianhttps://www.blogger.com/profile/11201035982806400691noreply@blogger.comtag:blogger.com,1999:blog-5673441815180854503.post-12572835251989961842013-01-28T13:37:23.729+00:002013-01-28T13:37:23.729+00:00S Proc: since I'm guessing that you've a...S Proc: since I'm guessing that you've already read this post, which cannot be repeated enough, since it's clear that many of the PM bloggers still don't understand it:<br /><br />http://kiddynamitesworld.com/price-smackdowns-do-not-deter-futures-longs-from-standing-for-physical-delivery/<br /><br />let me proffer an alternate explanation for the behavior you see around first notice day: it is the LONGS, not the shorts, who are "Trapped" in their positions (and don't want to take delivery, and everyone knows this, so they get raped trying to sell/roll their positions)... ponder that...<br /><br />Kid Dynamitehttps://www.blogger.com/profile/17475987512856310577noreply@blogger.com