Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

0.51%

$1,391.7 gold futures

Yeah the figures out overnight put a huge dent in the...

First 128482 Last

Share
Profile

Follow
ghostwriter

1,296 Posts.

408

02/08/24

09:07

Post #: 75038566
Share

Originally posted by slange: ↑

A 5 minute on the Farce with the gap encased in blue where my programme seized up so I had to use a different programme. Same game overnight with gold being worked lower into European Trade then the pump and smash half an hour after the broader US Ponzi scheme got underway.
The Banksters are in all sorts of trouble here as their refusal to lower rates or even to be dovish into a crashing economy is giving grief to the broader game. Liquidity pumping only works when the game is prepared to accept it.

A daily on the game with a higher high and a slightly lower close.

GDX with a higher high then the reversal to close the gap

A daily on silver and this is where the game is at as the Banksters fight desperately to hold silver from breaking higher. If Silver breaks higher here above the recent previous highs then it looks like the Bankster metals price suppression scheme is Kaput. The Bankster rock and hard place is getting squeezed more and more.
How lucky do you feel Banksters????? Don't look like you feel too lucky to me man.

The aussie with a lower close as the game tightens up.

Another record high close for aussie gold.

Expand

Yeah the figures out overnight put a huge dent in the "everything is going along beautifully" commentary around the US economy.
Tech stocks led the falls and they will go a lot lower yet - except for those making drones.
You can smell blood in the water. Russell 2000 was pumped last few months but it'll face the music now. Speccies are the last to get the money before a correction.
Gold holds it's ground and rises in $OZ so let's see where the casino takes the producers today.
Place your bets before the mandatory long lunch Friday
11 Upvote

2 Great analysis

Reply

Top Stories

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Is oil undervalued?

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan