Breaking News
Investing Pro 0
Cyber Monday Extended SALE: Up to 60% OFF InvestingPro+ CLAIM OFFER

Joshua Thompson

Joined: 09/03/16

Comments by Joshua Thompson
Gold May 22, 2020 12:41PM ET
if you needed to sell 2 billion in contracts, you would do it on high volume so you don't move the price. what we are seeing is low volume pre market contract dumping in the 10000-70000 contracts at a time. this forces price down and is clearly manipulation so the players can collect option premiums higher than their losses on comex. I don't know how they aren't all in jail already
Gold May 21, 2020 12:33PM ET
is options expiry tomorrow?
Gold May 20, 2020 9:39AM ET
the spread gets smaller every month when they converge for expiration. then the next month contract is selected with A larger spread. bullish contango generally grows much larger during bullish phases. as the spread contracts towards the end of a bullish move, it can be an exit signal. I learned all of this by watching it for a few months
Gold May 20, 2020 9:12AM ET
my friend's dad bought in at 50$ and is still trying to sell them all lol. so sad for him but I'm happy to help!
Gold May 20, 2020 9:05AM ET
I picked up 4 rolls at 20$. can't find anything under 28 online
Gold May 20, 2020 9:02AM ET
haven't been able to make a Coronavirus vaccine in 50 years of trying but sure... we'll have one in 8 months. might as well drink lighter fluid
Gold May 20, 2020 8:53AM ET
all the bears celebrating because gold almost went red for one second. lol
Gold May 20, 2020 8:52AM ET
and the morning contract dump. why are these guys not in jail?
Gold May 20, 2020 8:24AM ET
because nothing says neutral or bearish more than higher highs and higher lows on every time frame lol because nothing says neutral or bearish more than higher highs and higher lows on every time frame lol
Gold May 18, 2020 11:44AM ET
I've been suspecting this. lots of BIS interventions in gold markets according to their own reports
Gold May 18, 2020 11:42AM ET
incorrect. you wouldn't dump 20000 contracts in low volume of you wanted to make a profit. this is clearly price supreession from Scotia/JPM/HSBC, sponsored by the Fed.
Gold May 18, 2020 11:38AM ET
what is it now? 50000 fake contracts dumped on the market today?
Gold May 18, 2020 10:24AM ET
can't. too much leverage long already and I still have a miner shopping list :/
Gold May 18, 2020 10:07AM ET
who is buying right now??? the heros we don't deserve.
Gold May 18, 2020 9:49AM ET
no it literally is. bankers are getting arrested almost monthlyby the sec and cftf
Gold May 18, 2020 9:44AM ET
I see criminals dumping 20000 contracts on low volume to manipulate price.
Gold May 18, 2020 9:34AM ET
could the low volume pre market contract dumping be more obvious? how is the cftc not already sending police to go round up these criminals every morning?
Gold May 17, 2020 5:47PM ET
pre market shorting gold down 50$. seems excessive
Gold May 15, 2020 4:22PM ET
crazy week
Silver May 14, 2020 9:19PM ET
high hoooo silver!
Gold May 14, 2020 3:13AM ET
huge sell order at 1728. that'll be a fun stop run to watch
Gold May 14, 2020 3:12AM ET
already happened in March
Gold May 13, 2020 6:31PM ET
triangle broken. tomorrow is a retrace into it, or a bounce off it or just straight up break out.
Gold May 13, 2020 4:00PM ET
review 2008 and your analysis falls apart
Gold May 12, 2020 1:49AM ET
short term, just trade the breakout of the triangle. and if you don't know how to chart it, pick a different hobby