Lemur Posted October 3, 2008 Report Share Posted October 3, 2008 Dollar rallying against the Euro on the jobs report. How does a bad job report become bullish for the dollar? 695557[/snapback] Gold looking pale today also. Is this market tricky to trade or what? Meanwhile, I spoke to one of the guys at Bullionvault this morning. He said they have no difficulty in buying gold inventory (bars). The coin shortage may just be a demand spike/fabrication issue? Link to comment Share on other sites More sharing options...
DrStool Posted October 3, 2008 Report Share Posted October 3, 2008 similar setup on spy at 112.82. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 3, 2008 Report Share Posted October 3, 2008 Gold looking pale today also. Is this market tricky to trade or what? Meanwhile, I spoke to one of the guys at Bullionvault this morning. He said they have no difficulty in buying gold inventory (bars). The coin shortage may just be a demand spike/fabrication issue? 695562[/snapback] Really? Spoke with a rep in Kitco and they say they're 3-4 weeks behind on inventory. Link to comment Share on other sites More sharing options...
Dr.Correll Posted October 3, 2008 Report Share Posted October 3, 2008 we get a little run out of the gate, or is it right back to pound town. Link to comment Share on other sites More sharing options...
dogsie Posted October 3, 2008 Report Share Posted October 3, 2008 C down 3 Link to comment Share on other sites More sharing options...
Lemur Posted October 3, 2008 Report Share Posted October 3, 2008 Really? Spoke with a rep in Kitco and they say they're 3-4 weeks behind on inventory. 695565[/snapback] Was that for bullion or coins? Spoke to Tustain himself, the founder/CEO of bullionvault. He was expecting gold to sell off on favorable bailout news but hes holding long term. He just does not like fiat or systemic risk exposure for his money. Link to comment Share on other sites More sharing options...
fxfox Posted October 3, 2008 Report Share Posted October 3, 2008 I wanna thank the forex god that he allows me to make so much money on my day off. Tanks. Link to comment Share on other sites More sharing options...
Lemur Posted October 3, 2008 Report Share Posted October 3, 2008 Bought gold at $820 support. Breakeven stop Link to comment Share on other sites More sharing options...
stevieo Posted October 3, 2008 Report Share Posted October 3, 2008 Oops! Deleted this post. Just checked M2 and my comment doesn't hold up. Link to comment Share on other sites More sharing options...
Peek Paper Posted October 3, 2008 Report Share Posted October 3, 2008 Really?? Spoke with a rep in Kitco and they say they're 3-4 weeks behind on inventory. 695565[/snapback] My experience ordering from numerous sources. I'm starting to get nervous that some reputable dealers might not execute the counterparty part. To wit, there is even a rumor that COMEX and/or NYMEX are severely strained by the discrepancy between digital gold (futures, GLD, etc.) and the actual physical price. So much so, that I am increasingly fearing that bullion is just another frozen market like everything else these days. 'don't have time to mentally reason this out. Maybe some of you Stoolies have a reference/link for this idea. ... Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 3, 2008 Report Share Posted October 3, 2008 My experience ordering from numerous sources. I'm starting to get nervous that some reputable dealers might not execute the counterparty part. To wit, there is even a rumor that COMEX and/or NYMEX are severely strained by the discrepancy between digital gold (futures, GLD, etc.) and the actual physical price. So much so, that I am increasingly fearing that bullion is just another frozen market like everything else these days. 'don't have time to mentally reason this out. Maybe some of you Stoolies have a reference/link for this idea. ... 695573[/snapback] Can't the owner of the futures simply exercise their position and ask for delivery? Link to comment Share on other sites More sharing options...
DrStool Posted October 3, 2008 Report Share Posted October 3, 2008 spx 3 day cycle MA 1131.20 Link to comment Share on other sites More sharing options...
DrStool Posted October 3, 2008 Report Share Posted October 3, 2008 My guess was that the potential for a sustained short squeeze was very low. That's about to be put to the test as the averages clear the first obstacle. Link to comment Share on other sites More sharing options...
TURK Posted October 3, 2008 Report Share Posted October 3, 2008 Bought gold at $820 support. Breakeven stop 695571[/snapback] Good show!! Gold at $830 now. edit: $834 now. BTW, I am in the process of ordering a 1000oz comex bar for my daughter right now from Tulving....he has them in stock. Link to comment Share on other sites More sharing options...
DrStool Posted October 3, 2008 Report Share Posted October 3, 2008 5 day cycle Ma 1139.50 and 37.83 Link to comment Share on other sites More sharing options...
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