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A Game-Changing Crash . . . .

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  • mbratrud
    Senior Member
    • Jun 2008
    • 1019
    #91
    Originally posted by errolanderson View Post
    Traders stating: Heavy equity margin calls triggering exit from gold positions to free up cash and margin stock positions. This has triggered the largest one (1) day gold price decline in three (3) years.
    Buying opportunity? Recovery once the margin triage is done?

      Comment

      • tweety
        Senior Member
        • Nov 2014
        • 3059
        #92
        And it's back up 1300 points today. See, no problem.

          Comment

          • jazz
            Senior Member
            • Jul 2018
            • 9308
            #93
            Originally posted by tweety View Post
            And it's back up 1300 points today. See, no problem.
            Just a big shake down. The big money knows there are lots of posers in the market with 20 or 30k in there and they are nervous nellies and they can be scared out of their positions like nothing. They sure as hell weren't the ones buying back in today. They will get back in a month from now when the prices are back to there recent highs.

            As a farmer who has seen absolutely everything, risk doesn't faze me. Stood right in there and never sold a share.

              Comment

              • furrowtickler
                Senior Member
                • Dec 2004
                • 22437
                #94
                Originally posted by tweety View Post
                And it's back up 1300 points today. See, no problem.
                Kinda like arctic sea ice rebounded tremendously in Feb .... See , no problem 👍

                  Comment

                  • farming101
                    Senior Member
                    • Mar 2011
                    • 3956
                    #95
                    Crude oil outside day higher. Gap up tonight. Up just under 10% from the open Sunday evening.
                    Oversold. Still wouldn't call it a buy

                      Comment

                      • macdon02
                        Senior Member
                        • Sep 2007
                        • 1858
                        #96
                        Is anyone watching the Dem debates and noticing a pattern? Bernie came out on top and everything crashes, Biden wins and back up it goes. Maybe it's not the flu? The press depth of knowledge is an inch deep and a mile wide. Im not gonna say they are lying but i don't see early retirement in anyone's future at BNN because they saw it coming and killed it ... they don't trade, they do sales.

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                          • tweety
                            Senior Member
                            • Nov 2014
                            • 3059
                            #97
                            Originally posted by furrowtickler View Post
                            Kinda like arctic sea ice rebounded tremendously in Feb .... See , no problem 👍
                            No, actually bought a shit tonne on late friday. Has nothing to do with ice, sheesh.

                              Comment

                              • errolanderson
                                Senior Member
                                • Jan 2012
                                • 3163
                                #98
                                Fed panics . . . 1/2% emergency rate cut just announced.

                                Stock market had better close up sharply today or gig is up . . . .

                                  Comment

                                  • farming101
                                    Senior Member
                                    • Mar 2011
                                    • 3956
                                    #99
                                    April Gold at 1625. Back to outperform again....

                                      Comment

                                      • errolanderson
                                        Senior Member
                                        • Jan 2012
                                        • 3163
                                        #100
                                        Fed has chips all on-the-table . . . feels like Custers Last Stand.

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