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Gold's Swoon Is A Bargoon
Article By:
Mark Mead Baillie
Sunday, May 15, 2022 2:53 AM EDT
We've just had both Gold's fourth consecutive weekly drop and fourth consecutive weekly "lower low", price this past week not having just re-tested the 1854-1779 critical support zone, but having bored to 1810 on Friday.
This Week In CoT: What Hedge Funds, Noncommercials Are Buying
Article By:
Paban Pandey
Sunday, May 15, 2022 2:15 AM EDT
Markets were looking for signs of a peak in inflation, and they were disappointed. That said, a March peak is still possible, as headline CPI in that month jumped 8.5 percent from a year ago, which was the steepest since December 1981.
Gold is Garbage
$GDXJ $GLD $SLV $BTC.X what, after 33 weeks you're seeing the light - throwing in the towel? Based on.. Buy [BTC] high.. Sell [GLD] low? Cue the BTM in GOLD... See this chart:
charts.stocktwits.com/.../original_309687447.png
No More Rocking the Boat in Stocks But Gold?
$GDX is outperfoming $GLD as we speak, which is a bullish sign – we want to see miners show relative strength as a precondition of a rebound that could stick. Will it last, and when will we get one actually? Still an open question...
Did Buffett Just Bet Against The US? Berkshire Buys Barrick Gold, Dumps Goldman
#Buffett didn't bet against US..... Buffett holds most of his $$ in $AAPL and another $50 BILLION in Financials.
Yet his tiny $ buy in GOLD has everyone thinking he is long GOLD and not real assets. Its a dumb $$ hedge in the $GLD world. EVERYONE has a gold hedge, whoopie shit.
He bought more of his own damn shares BACK!!! $BRK.A
More Gold in GLD
How do you feel about $GLD these days?
Here's What To Buy As Gold Hits Historic High
$GLD $GOLD Barrick is the way to play it 💰📈
Another Stock Market Selloff Could Drive More Bullion Buying
Depends if folks get the Margin calls and are forced to sell the $SLV and $GLD to pay for their lack of risk management.
Goldman Head Of Commodities: "Gold Has Immunity To The Virus"
I guess #Goldman bought #gold. $GLD $GS
The World’s Greatest Bubbles Are Bigger Than Ever: When They Pop, You Better Own Some Precious Metals
$GLD $SLV $JNUG $USLV are going up over 1,000% like in 2013/2013. Trump will shrink the dollar the market will crash, nothing will be safe, only #preciousmetals. I recommend buying #gold and #silver fast to protect yourself.
If Bitcoin’s Rise Was Bad For Gold, Will Its Fall Be Good?
#Bitcoin bear market near its end. If #gold hasn’t already made a rebound it’s in for even more hurt. $BTX.X $BITCOMP $GLD
A Reversal Day Often Marks The Short-Term Bottom
I'd like to see Dennis Gartman come out and announce he's buying dollars right as it approaches overhead resistance, and I'd like to see him say "I shall be selling gold." Then I can load up on $GLD and $GDX again.