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The Lunatic Fringe - Trading talk.

Goldhedge

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Use to post "regular" with black background, but they all claimed to not be able to read/see them
Why not try both. Take a poll?
 

Goldhedge

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Fake Epidemic Brought on by Fake News - Martin Armstrong #4701 - Coronavirus Crashes Markets!

 

Goldhedge

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Raised margins... as in 'Honey we have to sell some gold and silver to meet the margin call??'
 

Zed

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Raised margins... as in 'Honey we have to sell some gold and silver to meet the margin call??'
Kinda... it's the volatility. Margin goes up when it gets volatile.
 

Zed

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Both these entities have 0 registered oz's so they are prime candidates for default I suppose.

MALCA-AMIT USA, LLC

LOOMIS INTERNATIONAL (US) INC.
 

oldgaranddad

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BTW Netflix costs are jumping through the roof! They are getting hammered for content. Virus couch potatoes...
My company uses a lot of off shore programmers in India. Local ISPs there are imploding under the load. We can't video conference with any of them. Limited to email for contact. Go Tata Communications... not! This quarantine is exposing a lot of things people didn't think of when planning for "that day".

Netflix is supposedly past the point of diminishing returns. With each customer logging in they are making less profit. They may save money by having a system outage. What a predicament.
 

Zed

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MANFRA, TORDELLA & BROOKES, INC. has 27 contracts worth of gold.

BRINK'S, INC. has 401 contracts worth of gold.

DELAWARE DEPOSITORY has 286 contracts worth of gold.

So add them to the list.
 

Goldhedge

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BTW Netflix costs are jumping through the roof! They are getting hammered for content. Virus couch potatoes...
Gee, would Netflix be gouging, taking advantage of people during a time of national crisis?
 

Zed

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My company uses a lot of off shore programmers in India. Local ISPs there are imploding under the load. We can't video conference with any of them. Limited to email for contact. Go Tata Communications... not! This quarantine is exposing a lot of things people didn't think of when planning for "that day".
Yep!

We are holding up quite well down here.... but... yes, I can believe that this will break a few business models.
 

Zed

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GSR 112 and falling.
It bounced off the 111 level that I would like to see breakdown.

Getting some selling in the ASX gold tribe, still green but under the index for now.
 

Voodoo

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My company uses a lot of off shore programmers in India. Local ISPs there are imploding under the load. We can't video conference with any of them. Limited to email for contact. Go Tata Communications... not! This quarantine is exposing a lot of things people didn't think of when planning for "that day".

Netflix is supposedly past the point of diminishing returns. With each customer logging in they are making less profit. They may save money by having a system outage. What a predicament.
they should just downgrade the quality. I cant believe how many are obsessed with video conferences. A phone call just isn't enough anymore.
 

Voodoo

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Strawboss

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TJust throwing everything and the kitchen sink into play.
It provides insight into their level of panic at the situation.

FED has panicked. Market will respond to that panic.
 

Zed

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they should just downgrade the quality. I cant believe how many are obsessed with video conferences. A phone call just isn't enough anymore.
 

Zed

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Voodoo

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Hmm, cant say I get the reference. But then again the last time I used Netflix I was mailing some DVDs back to them.
 

Zed

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Hmm, cant say I get the reference. But then again the last time I used Netflix I was mailing some DVDs back to them.
Stan... "Episodes" - these two and their facial responses while saying the opposite where hysterical. She has a gift for rubber face contortions.
 

Zed

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Open Interest Prelim Tuesday.

Gold 548,504 -12,723
Silver 151,301 -5,469

When we see constant falling OI against a rising price we are looking @ a squeeze, ideally OI expands first then contracts into the end of the move.

For now I'd expect a full tilt assault on the Comex, this shit is getting serious and unless someone with big $$$ and balls steps up to the plate they will throw all they have @ this.

The fight isn't over.
 

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The ASX Gold Tribe finished +5.5-6%

Spent the middle of the day back near flat and came on strong at the end!
 

Zed

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The ASX Gold Tribe finished +5.5-6%

Spent the middle of the day back near flat and came on strong at the end!
... on a stronger AUD and weaker AUD Gold price... so, you know, par for the nutty trading we see these days!
 

savvydon

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The ASX Gold Tribe finished +5.5-6%

Spent the middle of the day back near flat and came on strong at the end!
That is good to hear. Yesterday's strong showing from silver helped thrust a series of SLV short to medium term call options I own into the green. I now have a stop underneath half of them at just above buy price and a limit order on the other half just above double price. Trying to use the bump to mitigate risk but keep the door open in case we see a silver moonshot. One more strong day and I should hit my limit orders and if that happens I will be playing the rest with house money.
 

Cigarlover

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I think the Gov is saying and doing everything they can to defend the stock market. I guess they feel it gives some people comfort. Probably little comfort if we are headed to 20-30% unemployment. Those in the unemployment lines could care less about the stock market anyway. If I were in the market I would have my trigger finger on the sell button with any sign of weakness. I just cant imagine the market continuing to roar back to life one week into a 12-14 week crisis. Only the essentials are still open. Tax revenues are going to plummet both at the federal and state levels. We live in a debt based consumer economy. Without the largest consumers on the planet participating i don't see that being good for the overall market. Just my uneducated opinion.
 

Zed

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Open Interest Prelim Tuesday.

Gold 548,504 -12,723
Silver 151,301 -5,469

When we see constant falling OI against a rising price we are looking @ a squeeze, ideally OI expands first then contracts into the end of the move.

For now I'd expect a full tilt assault on the Comex, this shit is getting serious and unless someone with big $$$ and balls steps up to the plate they will throw all they have @ this.

The fight isn't over.
I some what agree but a days action isn't that squeezy IMO...

 

Zed

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The thing with this LBMA we have the metal for the Comex thing is that the markup occurred in London. If it where OK the reverse would have occurred. Squeeze on the Comex with it settling down in London. So????