The Lunatic Fringe - Trading talk.

[Lancers32]

Coinbase IPO coming on this year might be a way to play this unless you want to buy the underlying. Van Eck is hopefully introducing an ETF later on this year. Today the premium swung very hard and whoever is making the market for GBTC is the worst thief going. The stock closed 3 bucks off the early morning high with the underlying asset higher at the close. Limit orders don't work all the time I have had orders to buy and sell run through my price both up and down numerous times not by a few cents either. There is more than enough liquidity in the stock for this not to happen unless the stock is being gamed.

 

[gnome]

Coinbase IPO coming on this year might be a way to play this unless you want to buy the underlying. Van Eck is hopefully introducing an ETF later on this year. Today the premium swung very hard and whoever is making the market for GBTC is the worst thief going. The stock closed 3 bucks off the early morning high with the underlying asset higher at the close. Limit orders don't work all the time I have had orders to buy and sell run through my price both up and down numerous times not by a few cents either. There is more than enough liquidity in the stock for this not to happen unless the stock is being gamed.

Looking forward to an ETF, and some big money is, too.

 

[dpong]

Now I know how Zed feels. I was hanging out on Aussie Stock Forums today and everybody was in bed asleep.

 

[Zed]

Now I know how Zed feels. I was hanging out on Aussie Stock Forums today and everybody was in bed asleep.

Yep... talking to myself a lot of the time!

 

[Zed]

Triple? Well OK then!

https://twitter.com/i/web/status/1347343460853047296

 

[Zed]

You know, all things considered I am starting to wonder if this is what WWIII looks like... nukes are so yesterday!

 

[Zed]

BTW we have the virulent strain of COVID amping up a little down here. Not good.

 

[Voodoo]

BTW we have the virulent strain of Politician amping up a little down here. Not good.

FIFY

 

[Lancers32]

Triple? Well OK then!

https://twitter.com/i/web/status/1347343460853047296

BTW this same gent is not selling his Bitcoin till it hits $150000.

 

[Lancers32]

The new strain. They have failed to even isolate the old strain in the lab or so I have read. Now they come up with a new strain which they say is 70% more infectious. Well I'll be damned how in the hell can you even come up with a number like that? They continue to make this $hit up as they go and pull numbers out of their a$$e$.

 

[Zed]

The new strain. They have failed to even isolate the old strain in the lab or so I have read. Now they come up with a new strain which they say is 70% more infectious. Well I'll be damned how in the hell can you even come up with a number like that? They continue to make this $hit up as they go and pull numbers out of their a$$e$.

Yeah, I dunno.

 

[Zed]

Here it comes for gold, initial deliveries for Jan are done, sweet F/A OI left for Jan and we have a paper "free for all period" until Feb deliveries open up. This is the opportunity to soften gold up.

JMO.

 

[Lancers32]

Should have just bought Tesla. This flat out sucks at this point.

 

[Lancers32]

What do the gold bugs say when their asset declines further and further? Buy More. I think we have declined enough off the relief rally highs. Not so sure the miners will take as kindly to today's selloff if it continues into the NY open.

$200 Silver or bust.

 

[Lancers32]

It appears coins are being taken off the market reducing supply. I think that's bullish.

 

[Lancers32]

Thank You Jesus.

 

[Zed]

Thank You Jesus.

They are BIG for Wicked Weasel, take a look at the tiny ones!

 

[Zed]

$200 Silver or bust.

Bust then!

2021, it can't be worse right?

 

[hammerhead]

Bust then!

2021, it can't be worse right?

Ze Zedmiester, if the U.S. gets Jo and Da Ho as leaders, the lockdowns and fear factor will be off the charts. Dark winter will come.

 

[Lancers32]

Bust then!

2021, it can't be worse right?

It can always be worse.

 

[Lancers32]

Jo and Da Ho will do what they are told. This is the logical progression of things.

 

[Lancers32]

Like it so much posted it twice. Gettin old holding.

 

[Lancers32]

Pre market looks like the mid tier Silvers are down around 3%. Maybe today will be Gary Savage's recognition day huh? Surprises are to the upside in bull markets they tell me.

 

[Lancers32]

Never seen nuttin like it in my life. Mad Max' 42K up next.

 

[Rip Van Winkle]

Thank God for my tsla calls to offset my miner losses

 

[savvydon]

tsla is too much for me to wrap my mind around. If silver gets whacked hard enough today I may consider buying back some of the slv calls I sold at $27.50 silver spot last week.

 

[Lancers32]

Northstar Gold chart.

 

[Rip Van Winkle]

Silj filled gap

 

[Rip Van Winkle]

 

[Lancers32]

Silj filled gap

Maybe more like fell into a hole but we shall see.

 

[Lancers32]

Now that's gonna leave a mark. The gift that keeps on giving. Rapidly approaching levels that if breached longs are screwed short term.

 

[jelly]

There were waaayyyy too many people on the "long gold/silver" trade, but on the plus side - I think we just lost most of them.

 

[Lancers32]

You mean they all jumped? Once again posting a video by Gary Savage which is in the least bit pm positive is a certain Kiss Of Death.

 

[Lancers32]

I guess my WAG is a good as any. Bearish target for Gold ABC down around $1730. No charge for that one.

 

[savvydon]

I guess my WAG is a good as any. Bearish target for Gold ABC down around $1730. No charge for that one.

Hard for me to see that because of the permabull frost over my eyes, but if we do get there it is going to be a buying party for metals and miners.

 

[bemac]

THIS FUCKIN' BLOWS DONKEY DICKS

 

[bemac]

 

[Lancers32]

Silver needs to hold $24.80. CDE $9.85 is halfway $11.44 $8.25. You can always buy on Monday.

 

[jelly]

One could argue that GDX never actually had a breakout, and never confirmed the breakout in gold.

 

[jelly]

Screw gold and silver. I need to start a tech company, so I can take it public for 1,000 x earnings, and be an instant billionaire. Anyone want to join in?