GCM16 – June Gold (Last:1282.90)

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  • Den May 5, 2016 @ 15:15

    Rick:
    Does it make any difference that the banks have added on another –well that the banks currently have in excess of 500,000 naked shorts against gold? 200,000 against silver? When does TA take a back seat to reality?

    Sure the gold stocks have gotten ahead of themselves, only because the big players have allowed it to be so. When does the public stop being the patsies and get a life?

    Oh, that’s right, they are not allowed to have one.

    I know you guys with the charts think you have it dialed in–I think all you’re getting is a busy tone.

    You know this market “should have” cratered months ago–and yet–on we go with the internals looking worse and worse. We are now half way down the cliff like Wylie coyote and folks are saying–hey its all good!

    Frankly, I am scared witless.

    Your friend,
    Cuz Coyote

    &&&&&&&

    Join us in the chat room sometime, Cuz. You’ll be astounded at what technical analysis can do. RA