Page 5 of 308 FirstFirst 12345678910111555105 ... LastLast
Results 41 to 50 of 3080

Thread: Who buys gold ?

  1. #41
    Join Date
    Jan 2017
    Posts
    4,129

    Default

    Turks buy more and more gold and less and less
    foreign currencies. They were urged to by their
    President...and the urge made sense.

    http://www.reuters.com/article/turke...-idUSL5N1HC4SA

  2. #42
    Join Date
    Jan 2017
    Posts
    4,129

    Default

    India to increase gold imports 582 % in March 2017 as compared
    to March 2016.

    Wedding season.

    https://www.bloomberg.com/news/artic...wedding-demand

  3. #43

    Default

    I do. Stacks and atacks of it. I will never cash any in to buy a boat.

  4. #44
    Join Date
    Jan 2017
    Posts
    4,129

    Default

    Geopolitics factors propel gold.

    Gold ETF's holdings highest since December 2016.

    Last event in waiting: French elections.

    https://www.bloomberg.com/news/artic...litics-trigger

  5. #45
    Join Date
    Jan 2017
    Posts
    4,129

    Default

    James Turk: Massive short squeeze in gold
    ------------------------------------------------

    It was a wave of selling on the Comex. However, gold kept tight.
    Why ? Because the massive wave of selling was met by a massive
    wave of buying.

    It looks like Comex inventory is getting depleted.....fast.

    More and more EFP's (Exchange of Futures for Physicals) are signed.
    They basically postpone the delivery the short sellers have to perform.

    Just follow the data below:

    http://kingworldnews.com/james-turk-...-skyrocketing/

  6. #46

    Default

    Quote Originally Posted by oak333 View Post
    James Turk: Massive short squeeze in gold
    ------------------------------------------------

    It was a wave of selling on the Comex. However, gold kept tight.
    Why ? Because the massive wave of selling was met by a massive
    wave of buying.

    It looks like Comex inventory is getting depleted.....fast.

    More and more EFP's (Exchange of Futures for Physicals) are signed.
    They basically postpone the delivery the short sellers have to perform.

    Just follow the data below:

    http://kingworldnews.com/james-turk-...-skyrocketing/
    I do not much believe all those firebrands, but this JT article leans a bit towards my opinions about how the psychology of my late hunting dog is applicable to the goldmarket.
    When he knew i couldn't reach him he snubbed me, when he new i could catch him he was meak.
    The same with the gold buyers, when they feel safe they play with paper, when they feel unsafe they go for physical and would tear yr goldteeth out of yr mouth if you had any.

    The pre Trump time has misled the shorts ( the forum too was full with under 1000 calls ), these stuffed their both feet in the same clog and do not know how to get out of thet clog but by hopping around hoping the clog may break, but usually once you are in trouble your good star dwindles. I understand it can sometimes be humiliating to be "smart".

    Golditiki2+++


    .

  7. #47
    Join Date
    Jan 2017
    Posts
    4,129

    Default

    Quote Originally Posted by golditiki2 View Post
    I do not much believe all those firebrands.....

    I understand it can sometimes be humiliating to be "smart".

    .
    Probably it is not so much about believing somebody. It is much more
    about understanding the data. In this case EFP's
    (Exchange of Futures for Physicals) show clearly what is happening.

    If you are really smart you know that a trend move has also
    countertrade moves. It is not humiliating, it is in the nature
    of the trade.

    You might be right about the psychology of some gold buyers
    .......but not about all of them.

  8. #48
    Join Date
    Jan 2017
    Posts
    4,129

    Default

    Hedge funds buy gold for a life raft:

    Hedge funds accumulated cca 160,000 contracts, highest since November 2016.

    Investors in SPDR poured in 487 million US $ in one day (Wednesday April 19)

    There is no way to stop the gold bulls.

    https://www.capitalgoldgroup.com/blo...old-life-raft/

  9. #49
    Join Date
    Jan 2017
    Posts
    4,129

    Default

    There was some discussion about the gold inventory (registered for good delivery ) at Comex.

    What are the data saying ?

    http://www.24hgold.com/english/inter...tfcodecom=GOLD
    This interactive graph shows 992,000 oz or around 30 metric tons.

    This is minuscule, having in mind the huge volume of trading:
    http://www.cmegroup.com/market-data/...ls-volume.html

    Look for the leverage. I read it is presently more than 500:1 !!!

  10. #50

    Default

    Quote Originally Posted by oak333 View Post
    There was some discussion about the gold inventory (registered for good delivery ) at Comex.

    What are the data saying ?

    http://www.24hgold.com/english/inter...tfcodecom=GOLD
    This interactive graph shows 992,000 oz or around 30 metric tons.

    This is minuscule, having in mind the huge volume of trading:
    http://www.cmegroup.com/market-data/...ls-volume.html

    Look for the leverage. I read it is presently more than 500:1 !!!

    they wll leverage until they get it to the moon by sheer overlevitation. One day a bigger paperbuyer will call for delivery,,,
    Good luck to all paperlovers when they will warm their hands when burning the paper because the payer will be insolvent,

    D+

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •