Member Info for bonker99

Rude not to at cash=mcap in this market ...

No "breakout" until she beats £8 mate but beating 750s will be the first signal that it's on fo sho :)

$1,285 / $14.45 at the mo - going up WITH the Dollar again which speaks to the part of my PMs thesis whereby, even with a stronger Dollar, if inflation>rates then Gold is an epic hedge ...

The salient point of course being that if inflation (real world) is running at c5% and interest rates are < 2.5% and likely to drop further then boomtastic for PMs ...

Have some inflation:

Kantar Supermarket Survey: **12 Week** Like-For-Like Sales To May 19:

Tesco: Flat 0.0%
Sainsbury’s: -1.7%
Asda: -0.2%
Aldi: +11.1%
Lidl: +8.5%

Grocery Inflation: +1.2%

Nice.

Re BHM - dark money never sleeps ;)

Silver flopping around at my Position A ($14.3s) - a 25-year record high Gold:Silver ratio of 89 right now.

Hello ...

https://www.bloomberg.com/news/articles/2019-05-28/new-york-fed-s-markets-chief-simon-potter-to-step-down-june-1

US Dallas Fed Mfg Activity May: -5.3 (est 5.8; prev 2.0)

Ouch

Also:

The gap between 10-year & 3-month U.S. yields just went the most negative since 2007.

https://ingoldwetrust.report/wp-content/uploads/2019/05/In-Gold-We-Trust-2019-Extended-Version-english.pdf

Afternoon - there's my Silver print again.

Keep em peeled :)

Not so much caught my eye as got my eyes on stalks:

https://twitter.com/GlobalProTrader/status/1131890372047777792

Caught my eye:

https://twitter.com/TaviCosta/status/1132281030184849409

FWIW, I've got a 15s average - happy to sit on that for a while.

Afternoon.

Well GL then mate because I have a heap myself.

Fact is, if I just treated this as a chart and nothing else, forgetting about Gold/Silver/Dollar and all the rest of it then 722p is right on the money for a keracking 88% retrace from the £5 > £20 move of yore ...

Trump trying it on again with a "quick China deal" tweet (like he has any say in it whatsoever ffs) and the market giving him the face/palm for once - wolf crying ......

Dollar selling off again right now BTW - I'm 85% sure yesterday was the top for the Dollar ..........

UK CBI Retailing Reported Sales May -27 (est 6; prev 13)

UK CBI Distributive Reported Sales May -20 (prev 9)

Blimey.

Longer than a couple of months to +250% I should say!

Just for the record, I'm "expecting" Silver to print $14.4 again and Gold $1,273 but then we'll be into the proper meat of how this is going to play out over the next month or two with either, say, -10% here or +40 to +250% :)

Big pivot @ 722p - picked some more up - see how she goes ...

Morning.

Dollar hit again this morning - $1,284 / $14.57

Remember us talking about the 4x identical after-hours trades we see here all the time?

Take a look at SXX - JPM's fingerprints? ;) ;)