gwizzie

Latest musings from Jack Crooks

Mish sums it up well in the CWR podcast. The biggest contributor to the money supply has been/ is credit. Compare what is being created with the net change over the past couple of years of the mortgage market and it looks like a drop in the ocean

wow...i have a lot to catch up with. Great stuff btw (re:diary) Drb If Gld is to break that most recent high (circa 920) the volume would have to triple to 50-60m wouldnt it? I have a stop at 832. If it gets that far down i'll have to re-evaluate

Two very tradable scenarios i'm looking at the moment, lets see how they play out On the other hand, a bearish h & s. Although there is a severe lack of an uptrend to reverse, If we have a look at GLD it doesnt dismiss it. I'll be looking for lighter volume (between 70 & 71) on the right shoulder as a warning.

Gee sudz H ! Are we going to see a full 100% retracement? We need to hold 739 again and get above circa 850 to confirm we have turned a corner.

I dont think it does usually.

6 hr goldshow on fsn this weekend. 3,4,5 & 6 available on itunes now

oscar wilde...whats your point You`re not yourself today. I noticed the improvement immediately

Someday you will say something intelligent and surprise us all

Problem?

Fair point

Trading closes at noon on Fri...does it matter?

You really are a prize plonker aren't you I have taken you off ignore because i had to read your drivel in Pix's replies Did you get the message here? You seem to be under the illusion that you are educating us in your....ahem....research when if you did a little research you will find many of these topics have been discussed and indeed have their very own thread! Back to your padded room Seedy. I'll leave you off ignore for the time being to see your enlightening response, if you can tear yourself away from the lizards and left-handed browsing

If tomorrows candle looks anything like this we are in trouble

doesnt, if one reads the small print in the contracts they can settle in cash................................ Silver market opens 5 mins after gold.

Dungberg seems to think there will be a sell off The rise on friday is most likely shorts covering cuz of Thanksgiving. If there are no fireworks on Wednesday or friday there is going to be a lot of people scratching their heads

28/11/08 @ 13.19 GMT

When is 23.59 on the December contract?

Dont think its traded on the futures market

Saudi Arabia buys $3.5bn of gold in two weeks

blutigen Hölle! Bitte richten Sie mir, Ihre nächste Zinn-Folie Hut Lieferanten I think its based on physical currency, considering that it represents usually 3% of the money supply...........yea i know

DOH.....sorry RH

Whats your target? Interestingly if we were to back all the currency in circulation in the world with gold, it would have to be circa $7000/oz

RH?

You are optimistic!. If gold were to hit $550 ( as a lot now believe it will) and maintain its price in sterling it would suggest an exchange rate of 1.14 against the dollar Can anyone see this happening?......so how long has the dollar got?