Whadda I Do Whadda I Do Posted August 10, 2010 Report Share Posted August 10, 2010 I have gold opex as 26 august Which are you referring to ? That's gold. Regular options stop on the 20th. Waiting to see how miners react to the markets then. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted August 10, 2010 Report Share Posted August 10, 2010 Looks like a painting of a bottom with a higher low. Tony R. counting wealth in US$ is going to have a hard time showing a gain in the future (he could have at least said invest in tangibles like whiskey). Link to comment Share on other sites More sharing options...
Ageka Posted August 10, 2010 Report Share Posted August 10, 2010 Whas it not the exact time of the FOMC announcement? Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted August 10, 2010 Report Share Posted August 10, 2010 Whas it not the exact time of the FOMC announcement? Just about the same time. Not that is matters as trading consists of computer vs computer and are pre-programmed to react to news. Have to wait for vacations to end before some real sentiment forms (next month). Link to comment Share on other sites More sharing options...
Ageka Posted August 11, 2010 Report Share Posted August 11, 2010 I am halfway down to my Monte Carlo prediction for HUI . Would not be surprised if I were right and this time I got 12.5% cash Link to comment Share on other sites More sharing options...
dharma Posted August 11, 2010 Report Share Posted August 11, 2010 tony robbins chimes in http://business.tonyrobbins.com/78/an-important-note-of-caution/ still awaiting the 15 week cycle low . this is week 13/15. curious to see if the recent gold lows hold?! dr. Pinocchio , if i heard him correctly , the new floor for fed debt is 2trillion. the banksters, have been getting long, and i expect that @this low , they will be long for the ride armstrongs latest. starring into the abyss http://www.martinarmstrong.org/files/Staring-into-the-Abyss-7-31-2010.pdf  john hathaway http://webreprints.djreprints.com/2467711363988.pdf dharma Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted August 11, 2010 Report Share Posted August 11, 2010 I don't think the manipulators want to paint a chart with higher lows. Capping spot seems to be no problem but they make the instant price affordable and buyers abound just below the capped price. Â Paper in miners suffers but the physical they mine holds. Funny, both are still undervalued. Link to comment Share on other sites More sharing options...
AgentSmith Posted August 12, 2010 Report Share Posted August 12, 2010 Stan Barti Interview  I like 4 that he mentions: AMC.TO, CRK.TO, AVR.V, and SUE.TO (they are nestled with "Barrick Gold Corporation (NYSE:ABX; TSX:ABX) has Lagunas Norte on one side. On the other side is the Yanacocha mine, which Newmont Mining Corporation (NYSE:NEM) operates.").  I rolled SPY put profits into AMC.TO (.138 U.S.), purchased back RML.V @ .18 (sold @ .21), more MTO.V (.47x) (have lots despite slimy management), and bought 10k lotto tickets of ATW Gold @ .047 (recent agreement with Mutiny Gold gives them opportunity to have a pulse again. No debt, steady cash coming in from 70% sale of property, Mutiny paying for all development & exploration). Link to comment Share on other sites More sharing options...
Ageka Posted August 12, 2010 Report Share Posted August 12, 2010 I lost my bet with myself for HUI 442 today Link to comment Share on other sites More sharing options...
dharma Posted August 12, 2010 Report Share Posted August 12, 2010 gold is poking its head out of the consolidation lets see if the miners follow dharma Link to comment Share on other sites More sharing options...
AgentSmith Posted August 12, 2010 Report Share Posted August 12, 2010 If $1215 breaks (er, when)...look out above.  Timely buy on Rusoro...volume over million shares today.  Beautiful double-bottoms on MANY junior gold stocks (AMC.TO, HGC.V, RML.V, MDN.TO, etc.).  Detailed Quote for Rusoro Mining Ltd. (RML:CA) $ 0.22 0.045 (+25.71%) Volume: 1.08 m 11:49 AM EDT Aug 12, 2010  Review HL consolidation pattern from the 70s.......  edit: Rusoro back to .20, over 2m shares now.  edit: BTW: Rusoro able to export 50% of gold now, up from 30%. http://www.eluniversal.com/2010/08/12/eco_ava_gobierno-aumenta-cuo_12A4328651.shtml English version available: http://af.reuters.com/article/metalsNews/idAFN1211399820100812  Also: http://www.bloomberg.com/news/2010-08-12/chavez-s-gold-export-rules-may-allow-rusoro-to-quadruple-ore-output-by-13.html  Another positive: "Rusoro reached an agreement with the Venezuelan government that will allow it to exchange up to $350,000 a month at 4.3 bolivars to the dollar, Agapov said." (prior to, they were forced to exchange at ~5.3).  Management is striking the greed chord again..I bet it'll work as gold gets into a frenzy: "Rusoro, based in Vancouver, will seek to expand annual production in Venezuela to 600,000 ounces by 2013 from 150,000 in 2009 following the change, Agapov said." Link to comment Share on other sites More sharing options...
Charmin Posted August 12, 2010 Author Report Share Posted August 12, 2010 Yeah, they may want to bust that hot pocket on GLD being above 118 and the 50 bar ma. Link to comment Share on other sites More sharing options...
AgentSmith Posted August 12, 2010 Report Share Posted August 12, 2010 There are things about gold I don't like short-term but we'll see if they come to fruition. Quite awhile ago I said this move could take us above the 50. Back then this is where I was looking for it to stall. This may still be the case. Also, look at the pattern we've created the past week. A plateau followed by today's surge. This, with no follow-through, gets ugly to the downside. So let's pay attention to what happens next..it'll be big. If down, it'll be a beautiful setup into seasonal strength. If not...yikes, we're going to run.. Â edit: NEM still not participating much. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted August 12, 2010 Report Share Posted August 12, 2010 "Nothing to see here, move along, go back about your business." Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted August 16, 2010 Report Share Posted August 16, 2010 Link to comment Share on other sites More sharing options...
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