SunTrader

And lower .... and lower .... and lower .... and ....

That zone is to go short again, not to exit a current short???

I'll be watching $1098-$1103 but its been so pathetically weak it wouldn't surprise me if we don't see that zone for some time - barring a screaming short covering fake out rally (or if zdo opens his piggy bank plus cashes in his equally cratering silver positions, bets it all on gold).

I guess so. I am waiting for the opposite. A move higher to sell more. And more. And more. No "blood in the streets" yet. Gold blindness. :doh:

Patience rewarded. New multi-year lows.:applaud: Ahh sorry permabulls.

No fooling .

Your reasoning makes sense, but sometimes the market doesn't. Anyway the miners are getting crushed today so it doesn't seem to matter to Gold. At the moment anyway. I'd say stock market continues higher .... unless NFP is below 180,000 considerably. Oil continues lower (maybe not tomato) but overall no matter what. Supply is huge, demand isn't. Come to think of it just like Gold. :rofl:

Question: Why is it no one, says what goes down must go up. Eventually. Answer: 99.9999% go long (especially PM types) and can only get their brain wrapped around one direction. Burn baby burn. :helloooo:

Must be because all the permabull gold buyers switched over to buying tin. They needed new foil hats. :doh:

Oh absolutely. I wasn't suggesting a short just yet. Just repeating my guestimate of new multi years lows coming. Note today's up day volume was nothing special. Though one helluva short covering rally today. Counter trend moves are always quick and dirty. Don't know if you have it on your chart but "they left behind" a gap up that will get filled. Just a question of how soon. Have a good one.

Broke recent support, now heading down and about $30 away from new multi YEAR lows. For anyone who trades. All others ignore my interruption - and consider yourself ignored by me. Ya know what that means once again

Here is some funnymental news for a change - from me at least. (Charts and more details at the link): Inside Futures: Relevant trading-focused information authored by key players in the futures, options and forex industries While platinum production remains constrained, gold production continues to grow. The World Gold Council anticipates 2015 to produce a record 3088 tonnes, or 108 million ounces of gold. Like platinum, gold demand is expected to outpace new supply, as the WGC anticipates 2015 demand of around 4000 tonnes. However, unlike platinum, gold has a massive reserve of above ground supply (183,600 tonnes at the end of 2014) from which to meet this deficit. Given the relative scarcity of platinum to gold, platinum should trade at a premium to gold. After all, the current above-ground stocks of platinum are only around 4 months’ worth of 2015 production, while current above-ground gold stocks are over 60 years of 2015 production. Historically, platinum has traded at a premium to gold. Recent market events, however, have inverted these prices, with gold currently trading at about a $200/oz premium to platinum. We have only seen this spread invert one other time in the last 25 years, with the gold peaking at around $225/oz over platinum in 2012. Given platinum’s relative rarity to gold, I would expect these prices to eventually correct to their long-term tendency of platinum trading at a premium to gold. As such, I would recommend taking a long position in platinum futures and a short position in gold, with the anticipation that platinum futures will eventually outperform the gold. As always, remember trading futures is a risky endeavor, and this strategy is not suitable for all investors. Additionally, when placing spread trades, one must be aware of the variances between the contract specifications of different contracts and place the trades in the proper ratio to achieve the desired goals. Finally, remember that the famous saying that the “markets can remain irrational longer than you can remain solvent,” and use the leverage that futures provide with great care.

More twisted nonsense.

zdo please keep posting away your nonsense. Get it out of your system. I am not protecting anyone. Just keeping it real. I trade. You obviously don't

I'll keep my reply ... short. Why do you post such nonsense - so I can get back to trading? And leave you to do all the pontificating you want. 1 post wasn't enough. :doh:

Did I say that. No. Did you misunderstand what I said. Obviously yes. So you not only are confused in what you posted but what you understand to be what others post. I said after you answer you can continue posting distractions to what the topic (title gives it away) is all about. I think early on you mistook this site to be Investors Laboratory or Conspiracies-R-Us Laboratory or who knows what (?) Laboratory other than what it is "Traders" Laboratory. Where umm traders talk trading. Is X going higher or lower or not much at all. Is volume behind the move. Etc etc. BTW when Gold eventually turns bullish again, as all markets do at some point, I will be looking for bullish stories, bullish consensus and also confirming price action. But until then it is all much ado about nothing. Especially biased opinion pieces wah wah mommy the fix is in. Wah wah look at physical. Wah wah JP Morgan the crooks. I need my binkie. Hey its the weekend again. Have a good one. :ciao:

It's plain to see I am not the confused one. Have you ever posted a single bearish story link? Simple yes or no will suffice. Then continue on posting distractions to distract from the ... bull or bear discussion.

I didn't say I wasn't also transparent. I have been transparent - in the opposite bearish ( by most people's definition) mode - for years. And have made no effort to obscure it at all.

You are so transparent. Except when seen from above - tin foil blocks a clear read. :rofl:

Anyone who loses sleep over the Comex (an institution that has been around for 135 years), numbers is naive. New lower lows ahead, including new multi year lows. Which if I am right is bearish "any way you slice it".

Why so many words to say so little? I'll stick to trading Gold and Silver - using one or the other (naturally they alternate) as an indicator. And keeping my posts as I like to read others - brief. And yes have a great weekend as well and Bob too.

Absolutely Silver leads Gold nowadays. I thought I've mentioned that for a while now? Maybe not. Silver's industrial use is tied to what the global economy is doing. And it ain't been doing as much as it was. An understatement if ever there was. Commodities, including Silver, seeing less demand means obviously lower prices. And lower prices mean lower inflation. Put them together and that also means lower demand for ... Gold.

zdo your years of bullish posts precede you. So please stop with the bullish is bearish is bullish $1000 is $300 is $10000 bullsh.t. Its ok if you don't want to stick your neck a make a call.

Of course like I said previously. Because it is all bullish!!!

Is there a point there somewhere? In plain English.