Member Info for onedb

Ex div I suppose tend to see drops . Can't see whats not like with Gold just off the highs .

As for tea leaves I was correct we did not close over 296 and today we are lower for now . Still would like a close over 296 to add more .

At these gold levels am very excited . Lets see what real rates do once again in the US , hitting the 200ma today and finding resistance on the downtrend ! Gold takes a pause but if real rates keep compressing Gold will return to the highs . We'll see, CPI and PPI this week , in the US. Was wanting to pos about how stable coins and in particular Tether which is fast growing have both dollar and most importantly Gold as collateral , Its interesting and worth nothing as Tether is growing fast so will have to be e net buyer of gold. Food for thought

Feel pretty confident that we beat the current 296 ish levels on close then we open up to a re-test to 330s

Look at momentum .,choose whatever oscillator of choice and we are not even close to over heating which made me exit at 328 . I feel we repeat that price action and maybe even less over heated so could lead to more and new highs .

Looks to me that momentum has a good chance of a re-test of the recent highs and even going above . RSI only at 61 so in good form and no way near a 78-80 that would have me think its temporarily peaked . The other oscillators look like they have just started too. At the very least I suspect the recent highs will be achieved again on this move . Lets see

Shame our markets are closed or we'd be up a lot today .

The more I spend time reading over the weekend and listening to politicians and looking at the scorecard (the deficits) , the more am convinced that fiat currencies are doomed as not one politician will win an election by promising to cut the deficit , People want 'free' stuff funded by fairies . Or that classic tax the rich ( which even if all their cash was taken away would not fix the problem ). So print they must . In this scenario Gold and silver will be the only one to keep their value . I just don't see people giving up on the delusions so philosophically long Gold is the only answer

After a retrace in the last few days , healthy in my view , Silver and especially gold rallying as I type.

I re-enter last week and as I could lower last week's trade I took advantage to get it to the lower 270s now . Re-targeting where I last sold but have JP Morgan's target ( mine a little ) higher well in sight( 450-470 ) Time will tell ! at 96 I forecasted well , judge me on this new target now . :-)

Hanzini

you were quicker than me lol

From Patrick Jones via TipRanks

If you trade via Interactive Brokers you can see it in the fundamentals explorer menu

Not mentioning price bought or sold anymore to avoid sensitivities .

Deployment a part position. Think I missed a lower entry yesterday for perfection but the way I see it this retests the recent highs and then once beaten goes to reach Barclays 385p forecast , incidentally chart wise I see that as nothing but an extension from the lows seen yesterday so it matches very well with a chart view . Time will tell

Gomez we clearly don't know one another and I accept the criticism fair and square. Those who know me personally and met me or followed me will have known my entry and target . I already never post a short idea which is a shame as I was shorting quite a bit on other stocks( UK financials) but had to read posters post bullish hopes and targets. Just allow me to say one thing back when no one was close I posted the target at 325-335 . With rationale too . Made right after Baron on Twitter came out with 300 target .

Hi Sotolo .

Got lucky for once . BUt will re-enter ! I didn't get a chance this morning at sub 270 , ( incidentally 270 was my base target re-entry regardless of RNS . 250 was a spot on 50% retracement on my chart but I blinked and missed that . I think what happened here is a couple of days of real rates rising in the US ( though on a downward trend) and Dollar ( use DXY ) went far too low the oppposite of GOld stretched to high as did HOC , which in the 330s didn't surprise , I said all along since around 6-8 months I was the most bullish , and Baron on twitter I think had 300p target whereas I felt 325-335 was more correct for chart reasons . Now 270 could be a good base to reload or 250 ( which I missed ) I also felt Gold was going to re-test a 3250 area which it sort of has earlier this morning and I am very bullish on Silver . If we stabilise around 270 or 250 am back in and same target of 325-335 only this time we may reach it without being too extremely priced in momentum terms as that 333.8 was a sigma 4 event.

Can't complain as I wanted 330-335 but the trailed stop did its job .

I think that before we go to the much higher targets I pointed out of 450 and more it needs to retrace and we need that to refuel . Around 335 has always been resistance . I reckon we'll smash it this year but first we need momemtum to regain some new energy . My money is on real rates rising a little in the US and dollar to recover some strength as it has been battered ( Look at DXY ) has to recover a little , give gold the chance to retest say 3250 obvious support level and then reload upwards and on that rise smash today's highs . All in good time

Oil is up over 2% not sure where you are looking :-)

But indeed GLG did decrease its short by 0.11% . I reckon HBR is about to mean revert up quite nicely too. Hence my last week posted buy at 160p . In terms of HBR to Brent ratio we are at the lowest ever and that can' t be right at all . MIsmatch in my view We don't see the same pattern for other Uk based oil co's . So I'd expect a good solid reboud to take us well above 200 just but for this next leg up I have around 240 as first target

Find it strange not to see a rise today , maybe it gets going a little later on this morning. But nothing too wrong with current Brent . which is even up nicely on the day . We are priced at 50 Brent not 67 . And even with 50 with still have the hedges

I think we will fly come next week . We know how slow to latch on and how pessimistic we can be . Next week we rebound all things being equal with Brent , could be a big 5/10% rebound too , I got lucky this morning I hope at 160 as posted earlier ( well I need luck given my old 290 average )

I reckon we have found our base now , I took a new long here at 160.

Won't be surprised if we mean revert to around 240 in the next month or two Its quite a rise but sense that we over stretched to the low , hence my view . Lets see

Gold above 3k HOC is printing loads of cash The year to date average is insane

Anyone watching ? if Silver catches up HOC to the moon ! Rare to see such a good rally but given the circumstances precious metal will rip big time . Silver is flying now .

Hhaahh Marshall got stuffed . Mind you for them its small change . But shows their porftolio manager understand of a move out of US treasuries was not understood . They clearly have bigger portfolio problems if this is the case overall

No selling for me . But if you made a good profit then well done . Profit is profit .

Not very hard given even Silver is starting to push up and dollar weakness .

This is the ultimate dream