Killer Bunny Posted May 11, 2015 Share Posted May 11, 2015 Gold cares not in the slightest about the UK. Obviously. Quote Link to comment Share on other sites More sharing options...
warpig Posted May 11, 2015 Share Posted May 11, 2015 We need the bond market to pop before gold will make it's next move. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted May 11, 2015 Share Posted May 11, 2015 Neither. US$ had been on a tear, generally, and is taking a breather. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted May 12, 2015 Share Posted May 12, 2015 Very interesting move in Silver yesterday. (Silver leads Gold normally). 16.2 to 17.2 and back down to flat. Indicative of buyers coming in but still nervous? Could be. Appears to be strength in miners (which tend to lead Silver). Quote Link to comment Share on other sites More sharing options...
R K Posted May 12, 2015 Share Posted May 12, 2015 (edited) We need the bond market to pop before gold will make it's next move. gold volatility leads bond mkt volatility. So a, say, $200 drop in gold would likely signal a subsequent bond sell off. Edited May 12, 2015 by R K Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted May 12, 2015 Share Posted May 12, 2015 Very interesting move in Silver yesterday. (Silver leads Gold normally). 16.2 to 17.2 and back down to flat. Indicative of buyers coming in but still nervous? Could be. Appears to be strength in miners (which tend to lead Silver). No, the big boys are still playing with all the gold/silver bugs. Take them long, go short. Go short, take them long. Repeat. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted May 12, 2015 Share Posted May 12, 2015 Isn't it funny how some people are certain in their predictions / analysis of what's going on and others ask quesstions and watch what the maket actually does and try to act accordingly? Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted May 12, 2015 Share Posted May 12, 2015 Isn't it funny how some people are certain in their predictions / analysis of what's going on and others ask quesstions and watch what the maket actually does and try to act accordingly? Yep, watching it shows that it goes down, then it goes up a bit, then it goes down a bit further, then it goes up a bit, then it goes down a bit further. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted May 12, 2015 Share Posted May 12, 2015 Er... Quote Link to comment Share on other sites More sharing options...
warpig Posted May 13, 2015 Share Posted May 13, 2015 How do you come to that conclusion? gold volatility leads bond mkt volatility. So a, say, $200 drop in gold would likely signal a subsequent bond sell off. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted May 13, 2015 Share Posted May 13, 2015 Very interesting move in Silver yesterday. (Silver leads Gold normally). 16.2 to 17.2 and back down to flat. Indicative of buyers coming in but still nervous? Could be. Appears to be strength in miners (which tend to lead Silver). And back to 17.2...well well well no pullback and we could be in the early throes of a minor rally for the sector. Looking at miners would suggest strongly we are Quote Link to comment Share on other sites More sharing options...
R K Posted May 13, 2015 Share Posted May 13, 2015 Coming to that time again.............. either another short-lived bear market rally, or mega breakdown http://stockcharts.com/h-sc/ui?s=%24SILVER&p=W&yr=3&mn=0&dy=0&id=p28047513734 and there we go........ another short-lived bear market rally......just like all the prior short-lived bear market rallies. Hard to find a more predictable bear market than metals http://stockcharts.com/h-sc/ui?s=SLV&p=W&yr=2&mn=6&dy=0&id=p75958155530 Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted May 14, 2015 Share Posted May 14, 2015 Confirmed break out in Silver if sticks for weekend the rally is confirmed. I look forward to saying So much for those who can't read charts and make predictions based on nothing. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted May 14, 2015 Share Posted May 14, 2015 Confirmed break out in Silver if sticks for weekend the rally is confirmed. I look forward to saying So much for those who can't read charts and make predictions based on nothing. USD will bottom in the coming days IMPO - at which point the rug will be pulled from beneath the feet of the gold and silver bugs and gold will head down to $1160 and silver to $15 or high $14s. Saying that, if you have been in the miners / mining etfs this week already then, well done, you have made a handsome gain. Just a question now of how many more days gain you will get. Gain turned into profit is good. Watching something go up to then watch it come back down is not good. Quote Link to comment Share on other sites More sharing options...
R K Posted May 14, 2015 Share Posted May 14, 2015 USD will bottom in the coming days IMPO - at which point the rug will be pulled from beneath the feet of the gold and silver bugs and gold will head down to $1160 and silver to $15 or high $14s. Saying that, if you have been in the miners / mining etfs this week already then, well done, you have made a handsome gain. Just a question now of how many more days gain you will get. Gain turned into profit is good. Watching something go up to then watch it come back down is not good. You can't make money in the long run buying counter-trend moves. It's a losing proposition, which is why (presumably) rookies rush into these sorts of trades. You only have to look at my chart above to see that. A 3 yr downtrend which people on this thread have thrown their money into all the way down, and continue to do so. Sad really. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted May 14, 2015 Share Posted May 14, 2015 Looks like the USD could already be bottoming today. Have to wait and see tomorrow what it does. Quote Link to comment Share on other sites More sharing options...
dkujsbap Posted May 15, 2015 Share Posted May 15, 2015 (edited) Surely the performance of gold in isolation is not relevant? If we assume that global yield is non existent and everything is in an asset bubble, and that UK economy and therefore the pound is screwed... The only decision to make is whether gold will fall less than other assets and whether the pound is going to tank. (I know relatively little) Edited May 15, 2015 by dkujsbap Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted May 15, 2015 Share Posted May 15, 2015 If only life and investing were that simple There are no inferences you can make about any asset in this corrupt central banking world. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted May 15, 2015 Share Posted May 15, 2015 Looks like USD going up and Euro going down. If this continues tooday and into Monday then it could be that the Euro has topped and is heading down whilst the buck is on the way back up over 100 and beyond. Conventional markets could be about to go onwards and upwards - on both sides of the Atlantic - and metals/oil heading back down big time. Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted May 15, 2015 Share Posted May 15, 2015 Surely the performance of gold in isolation is not relevant? If we assume that global yield is non existent and everything is in an asset bubble, and that UK economy and therefore the pound is screwed... The only decision to make is whether gold will fall less than other assets and whether the pound is going to tank. (I know relatively little) Agree entirely that the world is in a global asset bubble, and indeed it then comes down to comparisons with other asset classes, because just leaving your entire pot in cash is equally fraught with dangers. I really find it difficult to assess the value of gold, because of the zero yield thing. On the negative side it has increased fourfold since the turn of the century, bringing it to slightly over par historic values. On the positive side it has fallen a third since 2011 and finite stuff will always find demand in an expanding global economy eventually. Meanwhile, as I am clueless as to which way gold is going I'd rather stick to yielding assets. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted May 15, 2015 Share Posted May 15, 2015 If prices Gold, Silver, Miners hold today then we have a confirmed rally, as I said yesterday. This afternoon decides when NY is open Quote Link to comment Share on other sites More sharing options...
Errol Posted May 15, 2015 Share Posted May 15, 2015 (edited) Germans are buying gold at a frantic pace The World Gold Council report released on Thursday said demand for total gold bar and coins spiked by 20% in Germany during the first quarter from the year before. http://money.cnn.com/2015/05/14/investing/gold-germany-europe-ecb/ Edited May 15, 2015 by Errol Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 17, 2015 Share Posted May 17, 2015 Germans are buying gold at a frantic pace The World Gold Council report released on Thursday said demand for total gold bar and coins spiked by 20% in Germany during the first quarter from the year before. http://money.cnn.com/2015/05/14/investing/gold-germany-europe-ecb/ Im going to start myself. getting very very nervous right now, the whole "recovery" aka unsustainable government backed sub prime debt bubble used to pump up house prices is very worrying. I cannot believe the s**t that is selling round our way, it has gone 2005-2007 loco. Anyone got any afvice the best seller/deal to use ? I'll have a few K in gold tomorrow thank you very much Quote Link to comment Share on other sites More sharing options...
jiltedjen Posted May 17, 2015 Share Posted May 17, 2015 Bullion by post is reliable Quote Link to comment Share on other sites More sharing options...
shindigger Posted May 17, 2015 Share Posted May 17, 2015 Baird. Happy enough. Quote Link to comment Share on other sites More sharing options...
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