Posts by Melissa Sanchez17

http://www.bloomberg.com/news/articles/what-is-happening-with-us-energy-markets

🙂

http://www.reuters.com/business/energy/analysis-understanding-the-shift-in-american-fuel-dynamics

Melissa Sanchez17 said:http://www.kitco.com/charts/popup/au24hr3day.html
What even is this? A $35 drop??

(image) Uploaded with ImageShack.us[/IMG]

http://www.kitco.com/charts/popup/au24hr3day.html
What even is this? A $35 drop??

lonehawk5 said:Perfect little setup for a long at $731... keeping the SL tight, maybe around 4-5 bucks...

Just like what quiettrucker12 was saying earlier👍

quiettrucker12 said:Perfect timing for Thanksgiving. As for gold, just hang tight—the trend is shifting upward. I'm looking at 1740 by Friday, maybe higher... maybe 1780 next week. You probably noticed the Dollar broke below the 200 DMA (downward move, obviously) and breached the trendline set back on October 18th and November 1st.

👍

quiettrucker12 said:Perfect timing for Thanksgiving. As for gold, just hang tight—the trend is shifting upward. I'm looking at 1740 by Friday, maybe higher... maybe 1780 next week. You probably noticed the Dollar broke below the 200 DMA (downward move, obviously) and breached the trendline set back on October 18th and November 1st.

Yeah, I know, I know—that’s exactly why I was asking you. 😉

Ethan Barrett7 said:Same thing happened with stocks, real estate, and everything else.
Just another way to get fleeced...

They’re gonna get slaughtered at the peak of this bull market too, so don't sweat it.😉
The timing just isn't right yet.😉

quiettrucker12 said:Sure, but you always have to look at the big picture, not just what's being screamed at you by the media. Most news is either pure noise or just a reflection of emotional swings within this massive bull market. The bottom line? We are in a huge bull run. The longer this thing simmers, the bigger that parabola gets. The fundamentals driving this long-term secular bull haven't changed—if anything, they've strengthened.

So, if someone identifies with one of those news extremes or finds themselves stuck in the middle of the hype, they’re probably just blowing in the wind. Or like a broken clock that's right twice a day.

Oh, since we're talking about news, I can't help but mention my usual bias against ZeroHedge and its entire fanbase 🙂😁.

Getting all poetic on us now, huh? 😍
Alright, Melissa Sanchez17, where's that $1,750 target you were shouting about two weeks ago? Because it hasn't even come close to breaking through.

dustyheron5 said:Perhaps you’re misinterpreting that leading digit just like he is 😂

ha ha. Man, you actually cracked me up. Way more than this troll ever could. And just a heads up—it's 600 dollars, not euros.

lonehawk5 said:Smells like a total meltdown... or are they just playing games?😁

don't let machines control your emotions 🙂

Even Dan Norcini is scratching his head over this whole QE3 situation.

http://traderdannorcini.blogspot.com...heres-qe3.html

quiettrucker12 said:Yeah, assuming they actually manage to find it and dig it up so they can make some chains or whatever. 😁
Why bother buying them high-quality stocks instead, say at a 1:1 gold ratio? They'd just blow through all that cash anyway.😉

If we're talking about a 1:1 ratio, I'm buying stocks for myself 😍—and I seriously hope it doesn't take twenty years for that ratio to hit 1:1. 😉

quiettrucker12 said:That wouldn't just be a minor shift—it would mean everything. We’re talking about a total 180-degree policy reversal, which would likely signal the death knell for our current bull market. Sure, that implies silver dropping below $28, but in the grand scheme of things, that's just noise. I think... As long as the Fed keeps pumping money into the system, market crashes aren't happening. Period.The Fed can print money until they're blue in the face. In the medium term, the only thing this is going to trigger is a controlled bear market driven by rising oil prices. We’re looking at a perfect storm: the stock market drifting lower while commodities—led by oil and gold—start heading north.

Francis is basically telling us to stop dragging our feet on ending the Fed's stimulus and just let the stock market face reality—even if that reality is a total crash. He wants gold prices to actually reflect what's happening right now. His whole point is that the Titanic should just hit the iceberg immediately, rather than continuing this policy of sailing the ship around the world for two more laps before finally crashing. If we want gold to hit that $10,000 an ounce target, we need exactly that: we need the Titanic to refuel so it can take three more unnecessary laps before the impact.

Look, I'm with you on the bull market stuff, which is why I said I'd love to see it hit those levels, even though I'm skeptical. Besides, I was pretty clear about waiting until after these elections pass before making any big moves with gold, silver, or stocks. Most of this current chaos feels like nothing more than standard market noise to me. Whether gold hits $10,000 while the DJI sits at 10,000 (or even less), who knows? You definitely have to watch the Gold/DJIA ratio and know exactly when to bail on gold. As for silver, I'm not selling. I view it as a ten-year-plus play, so I couldn't care less about the daily swings—I'll just bury it somewhere and let it sit; it'll come in handy for my kids one day eventually.😍

Patrick Moore3 said:There isn't one. Gold is hitting $2000 for sure. It's just a matter of whether it happens in 3 months, 3 years, or 30 years. Once the fundamentals shift, my stance shifts...

My bad, I wasn't quoting you verbatim, just paraphrasing what was in my head...

Fine, let's put it in writing then... 83+, a Wall Street meltdown, and gold under $1630!
By when? Spring 2013 at the latest.
Now we just wait for 🙂

Oof, those forecasts of yours are looking pretty bright. If that actually happens, silver's gonna tank below $28.😍

A little bit of sunshine to brighten up this dreary Friday—just enough to get us actually looking forward to something for once 😛

http://www.youtube.com/watch?v=nDr8v...ayer_embedded#!

http://www.youtube.com/watch?feature...&v=nGXDqV3RPNA

What even is this "golden bug" nonsense—some kind of manufactured crisis, maybe?😂?

dustyheron5 said:Spot on—you've hit the nail on the head. The true bottom only arrives once the respected voices in this community start posting about the end of the bull market in the metals sector.😂

Personally, my issue isn't even the price correction itself—it's the fact that Silver Wheaton refuses to adjust below the price I sold at... which is frankly quite dishonest on their part.🙂

http://www.kitco.com/reports/KitcoNe...smallwood.html

😍

quiettrucker12 said:Gold is king.

Do you guys honestly think we might see a run toward silver and gold starting as early as tomorrow or the day after?

Let’s bring out the silver and tear this article's thesis to shreds 😍

http://hr.seebiz.eu/valute-i-robe/fr...lato/ar-49053/

Anyway, what are you guys thinking regarding today's volume on gold and silver?

Japan is getting ready for QE10 !!! 😂