Member Info for bonker99

Morning.

Gold looking perky @ $1,282 and Silver looking darn close to busting a big Bull Pennant @ > £15:

https://twitter.com/bonker99/status/1121673211966443522

£3/4m buy right there unless my eyes deceive me.

High-fiving you halfpenny lol

Let's see the Fed drop a(nother) panic rate cut next week - one or two of those then it'll be QE27 or whatever they decide to call it and the Dollar, quelle surprise, will be proper toast with silver at $20/27 IMO.

DOW off 1% in under an hour - those 3M numbers probably tipped the balance. Tech is great but everything else is fooked.

$1,281 / $15

Silver *real* close to a breakout if they let her go imo ...

US dumping - game-on girlfriends.

;)

Brent @ $75.5!

BIg in solar too - the thing with Silver (and Gold) though is that it won't bounce until JPM have finished buying the physical whilst suppressing with paper on COMEX - some think they now own greater than 50% of all the physical silver on COMEX.

That said, I suspect they're not far off - Basel 3 etc ...

Trump and Powell must surely be aligned now though re rates - Trump wants them down to weaken the Dollar/boost exports, Powell wants inflation - well you ain't going to get either of those with a strong Dollar, even with the (clearly) manipulated oil price helping to disguise what is likely underlying deflationary pressures imo.

I have no model in my head that allows for a strong Dollar with a strong US economy going forward but these are clearly very strange times as shown with the lack of Dollar/Gold inversion last night and continuing today ...

Morning.

Yes, interesting to see the Dollar fly last night (Trump must be apoplectic ...) yet Gold/Silver are still pushing tentatively up.

Knocking around the 730s low that saw her see >1,000 last time around on an oversold daily RSI right now - a double-bottom of sorts for c1,300 would be nice :)

US Q1 GDP tomorrow and the Fed next Wednesday - let's give her a week and see where she ends up :)

That's meant for retail I would suggest ;)

If Gold/Silver carry on as they are right now then +-2% will be neither here nor there :)

See where we are overnight/tom morning but it looks pretty good to moi right now ...

Not here for the divi myself mate but I think you're right on a T+2 basis.

$14.96 - if FB/MS miss tonight and Gold/Silver fly we could get a very nice gap-up tom imo.

"U.S. EAST COAST CRUDE STOCKPILES RISE TO HIGHEST SINCE JULY 2018"

Not really what you want to hear immediately after Caterpillar get whacked on earnings ...

Rate cut(s) = big PM moves ...

Silver @ $14.93

CAT hammered on earnings - stay frosty people.

Caterpillar -3.5% on earnings ...

https://twitter.com/bonker99/status/1121026273634078720

http://www.livecharts.co.uk/MarketCharts/silver.php

Not quite :)

I smell blood.

Loads more to come today/tomorrow - CAT/FB et al.

Youve only gotta shift the psychology of this "market" 5% and it could come tumbling down fast imo.

Boeing core operating earnings $2 billion, down 21% Y/Y!