Forget the conspiracy theories etc for a moment. Just read Dan's comments below and then look at the open interest for Gold. It has been climbing for 3 straight years. Now how does that work again??
The Anomalous Open Interest Pattern of the Gold Market - Dan Norcini
cheers,
john
Gold & Silver Trading
Started by
SilentOne
, Oct 07 2004 05:00 PM
3 replies to this topic
#1
SilentOne
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Posted 07 October 2004 - 05:00 PM
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#2
bobalou
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Posted 07 October 2004 - 06:29 PM
be care full w/ this info.. the boyz have big $$ to be right.as in G 7,,as I see it they cover on the way down,for/=, less contracts
#3
SilentOne
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Posted 08 October 2004 - 03:47 AM
Hi Bob,
Tom D posted the COTs on gold/silver the other day pointing out the big commercial short positions. My point to Tom was that commercials have always been short here (ie. last 3 years) so it is not very telling. The article and data support that don't you think? But I agree, the powers that be have very deep pockets.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#4
bobalou
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Posted 09 October 2004 - 12:53 PM
DO WE HAVE ANY ONE DOING WORK ON THE $$..??...the charts I'm looking at 106 xau should stop/slow this move,ST..the ?? is the $$ going to brake and send every thing up
???,,and gold and oil they seam to be running to gether.my oil # was/is $55,then higher or stay strong,,to jan..time thing..gold and oil do look higher,,IT..at 106 if mon/tue,I have to take off 1/3 more, of the 2/3's I have left.w/ options exp.should slow things down also.103 was to easy..saw brake outs and stayed for the ride..in ,mdg,pdg glg.good VOL in rangy
