London Metal Trader, Andrew Maguire - Gold To Have $200 Up-Days As Shorts Get Crushed | |
Anonymous Coward (OP) User ID: 53096520 ![]() 01/18/2014 11:20 AM Report Abusive Post Report Copyright Violation | I don't know if anyone noticed but the stock options expiry yesterday did not selloff precious thoughout the week 'as always' like every month for the last year. Quoting: Anonymous Coward 53096520 Check out the disproportionate amount of PUTS to calls that were taken 'out of the money' @ 120.93 for the January 20th (today) contract. [link to www.nasdaq.com] Also check out the disproportionate amount of calls at much higher prices on the lower right. [link to www.nasdaq.com] Oh, the link for the title: Today London metals trader Andrew Maguire told King World News that gold is going to have $200 up-days as the shorts in the gold market get crushed. He also spoke about what is going to cause this massive short squeeze in the price of gold. Below is what Maguire said in part I of his powerful interview. [link to kingworldnews.com] That should be PUTS |
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Anonymous Coward (OP) User ID: 53096520 ![]() 01/18/2014 11:31 AM Report Abusive Post Report Copyright Violation | A bit of information> In Six months the leverage on Gold has multiplied better than (4) four times as it went from 25 to 1 up to todays 112.2 to 1 Mid-January and gold registered on the COMEX has hit another low, 11.51mt, as open contractual interest in the physical metal increased today by 26,577 contracts (of 100 troy ounces), or by 2,657,700 ounces, to 415,426 in futures. [link to goldsilver.com] |
Anonymous Coward (OP) User ID: 53096520 ![]() 01/18/2014 11:43 AM Report Abusive Post Report Copyright Violation | Deutsche Bank exits from gold, silver price-setting amid probe January 17, 2014 The bank’s decision comes amid investigations by German and English regulators into suspected manipulation of precious metals prices by financial institutions. Financial markets have come under serious scrutiny after the Libor (London Interbank Offered Rate) probe last year revealed that the London interbank offered rate was being manipulated. Deutsche, Germany's largest bank by assets, is one of five lenders charged with controlling the London benchmark price for gold and one of three that determine global silver prices. [link to www.mining.com] |
Anonymous Coward (OP) User ID: 53096520 ![]() 01/18/2014 01:18 PM Report Abusive Post Report Copyright Violation | |