Member Info for Herbieridesaga

Last break started down and rose steadily - and was short selling. This doe feel like more of the same to me

Yes and he has made an art form of then reversing the moves he creates with his manias

Do you think the short squeeze is on ?

I guess if it stays flat today - which it has - it means it will only go up once profit taking on the initial news is complete ?

Maybe a dead person makes a better leader than a live one in politics - chariman Mao, plusGhandi and Nehru, for example still "lead" the two growing powers in the world economy.

What about the rumour that the US has no gold ? Of course, no one's told him that little truth habe they, just like theu never told him how close that lab was to tha t live food market in Wuhan

Doing well - in a contrarian sort of a way

Boom again !

Yep Copper spiked and pulled back nut its up again this morning. Silver played catch up and will continue to do so. Gold has been tracking silver for a long time, CEY will follow gold. This should be a rousing end to the week !!!

Don't forget the part the Republican senators in the US and their power lobby and lawyers play in this. Can't be owned by Chinese money - has to be sold to the US - so much more secure for us knowing its Uncle Sam bleeding us dry.

Today gold still better than silver than copper if we look 5 days back and take out the factor that silver always moves more quickly on a reversal of direction. Gold's time is coming...

Yep close but no cigar where golds concerned. Maybe after the next FED meeting.

Yep Powell comes out toothless and fluffy pillows and up she goes. Stocks rose hard and fell back. Copper and silver trail gold and they've kept their gains tonight. The biggest moves often don't happen all at once - particularly when no-one expects them . I think this could be it !

Gold rising - Powell to speak and expectation is hawkish... but gold in the van ahead of silver and copper in that order. I don't know how a hawkish FED commentary can send gold up but the Nasdaq has been hit by AMD earnings and my feeling is this is crash time (though not for gold miners of course !).

Mr Tibbs - impressed by golds resilience - silver bouncing, copper bouncing, so gold should join in so CEY should join in anyway - but clearly the ramp is on so good luck all !

Yep and I think the most telling thing this morning is that copper and palladium are falling more than silver and gold. The "peace premium" (hard to call it peace) doesn't appear to have lasted mote than 1 day - extraordinary if true.

While I agree with your sentiments about short term gold and solver weakness - one look at the 6month charts tells me that the rise in silver and gold due to interest rate cuts in the States is a strong trend - and whether its because the States keeps cutting due to recession or keeps printing money and eventually tanking the dollar I don't see pattern changing. After all Israel is still pursing its plan which has obvious aims above and beyond the brief in Gaza and the world keeps turning against Israel and its allies - namely the US - and a sensible short term solution to the Iran crisis doesn't make that go away.

SJ - vix - nicknamed fear gauge because when the markets drop the longs hang on but the shorts buy so the spread increases - wasn't designed to work that way - just does. Sometimes gold ignores the vix like with increasing interest rates but if it's something like war - gold goes up. At the moment a rising vix ties in with rising fear and rising gold. It's coming down because Isreal rather surprisingly did the sensible thing and blew up one anti aircraft position with one missile to draw the latest match with Iran' 1000 missile damage count (it leads the series about 101-1 anyway ). I think that's fair enough - power and restraint for a change.

Mr Gibbs - heads up - vix rising last half hour - stand by for action tomorrow maybe..

Maybe - just not today... Copper may do well today. Gold needs a bit of fear in the air.