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  1. Realist

    September Silver (SIU7)

    Something very interesting occurred today with Silver. Over the last 5 years of the metals bull market, whenever Silver got whacked and its RSI went below 30, this ended up marking a MAJOR low in Silver prices. The entry point for safety would be to enter silver positions when the RSI went back...
  2. Realist

    December Gold (GCZ7)

    Another item of interest that could be bullish for gold moving forward is the amount of gold held by the StreetTracks Gold Trust (GLD) which remains the largest gold bullion ETF in the world. Not only is the amount of tonnage held near a record high of 510 tonnes, but this week only saw 3 tonnes...
  3. Realist

    December Gold (GCZ7)

    Today's rebound in the metals complex is quite encouraging. Still have about 3hrs. left in the pit session but so far the buying looks good. The Fed's announcement today sets the precedent for fed funds rate cuts in the near future as the USDX looks to resume its downtrend. I find it quite...
  4. Realist

    December Gold (GCZ7)

    I also have a Silver thread as well posted under SIU7... Silver was bot near the lows yesterday for basis December. The lows should be in for the rest of the year but one really never knows. I have stops set below to at least lock in some profit if I am wrong.
  5. Realist

    December Gold (GCZ7)

    Can be for both gold metal and the shares. It appears that the $SPX and $RUT had very nice upside reversals while the $INDU printed an impressive hammer as well. The Yen reversed from hitting 111.98 to 114.20 in a matter of minutes. I also find a supportive factor that the $SPX held its March...
  6. Realist

    December Gold (GCZ7)

    XAU:GLD Ratio hitting a major BUY point today. Matched .187 going right back to the May '05 low in the gold shares...
  7. Realist

    December Gold (GCZ7)

    As expected, we got some major fund liquidation across the entire metals complex today. Even though the selling was very severe, gold and silver have rebounded quite a bit from the lows already. GCZ has rebounded close to $9 and Silver about $0.60 from the lows. The XAU/GOLD ratio hit a level...
  8. Realist

    September Silver (SIU7)

    90-Day T-Bill Yields went down as much as 15% at one point today and have since rebounded about 5%. Today's action resembles a panic in my view and capitulation is near. As suspected, the liquidation in Silver today was very severe and crashed as low as 11.06 on the cash market. The silver pit...
  9. Realist

    December Gold (GCZ7)

    The Short term Rate for 90-Day T-Bills have dropped by 8% today ($IRX 4.13% now) and was down as much as 10% at one point. Money Markets are tightening up very quickly it appears. The "dash for cash" is on and the action in the gold shares today speaks volumes about where the gold price could be...
  10. Realist

    December Gold (GCZ7)

    Most of the junior mining shares are breaking down below their respective late-June lows when Gold bottomed at 640. GDX is also threatening to close below it's June low as well today. If this is any indication of things to come for the gold price, then perhaps gold could breakdown below 650 soon...
  11. Realist

    December Gold (GCZ7)

    The gold shares continue to exhibit some extreme weakness compared to the current cash gold/silver price. This could be a leading indication of selling ahead in the metals. Right now the XAU/HUI seems to be pricing in a move down to 650 on gold and 12 on Silver. I've cleared out for the time...
  12. Realist

    September Silver (SIU7)

    Right, As I mentioned previously, Silver was looking much weaker than gold and the selling has since resumed. The last 2 weeks of August is normally bearish for Silver from a seasonal standpoint as well. Once the FND has passed for the September contract, I expect to see a major low for Silver...
  13. Realist

    Withdrawals from IB

    I have been making withdrawals from IB on almost a weekly basis for over a year now. I just started having these email issues last week and I have used the same email address with IB ever since I opened the account. I have always had IB in my allowed contacts as well. With all of the BS thats...
  14. Realist

    December Gold (GCZ7)

    Gold is holding up extremely well so far considering the USDX has rebounded about 1 full point from last week's lows. Also the global equity markets still appear to be treading some very thin ice while gold has held onto 665. The major con that I see right now is the continued weakness in the...
  15. Realist

    September Silver (SIU7)

    If SLV starts to trade under 125, then I would personally bail out of that position. We could get one more bear trap down to 12.00 again if the broader markets don't start to re-liquify here very soon...
  16. Realist

    Withdrawals from IB

    This is definitely a problem with IBs email servers. I sent two emails from other addresses to the email account that receives mail from IB and they showed up within just a few seconds. This is not a problem with my ISP that's for sure. I am still trying to withdrawal funds from IB today but no...
  17. Realist

    December Gold (GCZ7)

    Some very interesting events appear to be taking place at the moment which I believe will take gold over and above the $730 mark before the end of 2007. Even though the USDX has established some support right at the 80 mark, the DX is now consolidating at the lower end of the range which is not...
  18. Realist

    September Silver (SIU7)

    Silver looks much weaker than gold from a technical standpoint at the moment. Silver is considered to be more speculative than gold so the liquidity issues are affecting silver more than gold right now. 12.50 looks like very strong support but right now I would look for stronger buying support...
  19. Realist

    Withdrawals from IB

    I finally got the token emails about 2 hours late. Not sure if it is an IB email issue or if my ISP is having POP issues. Nonetheless I missed today's cutoff so I'll just try again on monday.
  20. Realist

    Withdrawals from IB

    I always get the token confirmation from IB within minutes for withdrawals. not today though. I tried to resend the confirmation 3 times but still haven't received anything. I'm trying to chat with funds/banking but nobody is answering today. Not trying to spook any one out but this is rather...
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