Malignant - Metals Soar After Calculated Option Expiration Takedown

IMG Auteur
Published : December 02nd, 2020
334 words - Reading time : 0 - 1 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : GoldWire

“There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.” 

Søren Kierkegaard

“To date, we have not seen fraud on a scale that could have effected a different outcome in the election. There’s been one assertion that would be systemic fraud and that would be the claim that machines were programmed essentially to skew the election results.  And the DHS and DOJ have looked into that, and so far, we haven’t seen anything to substantiate that." 

Bill Barr, US Attorney General 

"Gold and silver had a follow on hit this morning, but they took much of that back into the afternoon.  Gold in particular hit its 50 percent Fibonacci retracement support level intraday.   This was a buy point in the metals for me, fwiw.   Silver rebounded with a vengeance.  Bought that on the slump too.   It does look to me like the usual wash and rinse action we see around a big contract month expiration, and is often a multiday event.  There is no bigger contract month for gold than the December contract.  And this does seem to be an annual event. Especially with the regulators asleep at the switch."

Jesse, 30 November 2020

"Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one." 

Charles Mackay 


 Gold and silver rebounded sharply today.

The Dollar resumed its decline.

Stocks soared, but gave up a chunk of their gains in the evening.

I reduced the size of my miner positions a bit late today.  They were a bigger bet than I like to carry, but it was worth it.

The bottom and the cause of the decline were telegraphed pretty clearly.

It was the grift.

Maybe it's time to stop believing the grifters, to let go of the sweet and simplistic delusions of their lies, and come home.

Have a pleasant evening.

 

<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
The Zeitgeist Wants What the Zeitgeist Wants
20 JanJim C.
Trump appeared weak, and was...weak. And always was more talk then action. Asking Democrats if they wanted their help with suppressing massive loo...
The Zeitgeist Wants What the Zeitgeist Wants
19 JanJ.-1
The country seems to be lurching toward a cold civil war regardless of anything Trump may or may not do. Doing nothing might be all it takes to he...
This is How You Can Dodge Facial Recognition Software
19 JanFalconflight
With such insight and wit; you should be able to parlay it w/ a gig at Buzzfeed or HuffPuff.
Federalism, Not Breakup
19 JanFalconflight-1
There are 50 states currently. There are currently 435 Congressman. There is nothing in the Constitution maxing Representatives at 435 or that st...
The Zeitgeist Wants What the Zeitgeist Wants
19 JanFalconflight0
I just posted my latest bumperstick: "Trump Won", next to my other sticker: "Police State USA! USA! USA!" My next sticker will read: "Arrest Me"....
Signs and Wonders
15 JanJim C.
It is very late in the game for some deus ex machina to save our Republic, especially given yesterday’s Joint Chief of Staffs memo indicating inten...
Signs and Wonders
15 JanThemis
It is becoming increasingly clear that America is a nation under judgment (see Jonathan Cahn's "Harbinger II".
Insurrection Versus Insurrection
14 JanThemis1
As an outsider, I see America moving toward some form of civil war. This will accelerate once food inflation takes off and people are struggling f...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS