Market Vectors Junior Goldminers ETF (GDXJ)

[Lowjack]

All that puke has to go somewhere!

[Captainandy]

#GDXJ: Finding $$$$$$$...:-}...><)))*>..

We are alone Dark Pool...

It's Lonely on top...

[DarkPool]

Lol reload for the bulls. Bunch more purchasing power ;)

[DarkPool]

Bring em bears. Bulls parked with your money waiting on your cover again ;)

[DarkPool]

Petroyuan did some damage. Exactly where I’m looking. Nice job.

[Lowjack]

&75 is target!

[DarkPool]

Got em yesterday ;)

[DarkPool]

Dollar needed a dead cat bounce.

[Lowjack]

Click, Click, Pool!

[DarkPool]

Gold backed yuan Monday. Dollar will be hammered. Please stay short through the weekend ;)

[DarkPool]

U shorts are screwed come Monday ;)

[DarkPool]

Let the slime buckets short. Come Monday they wake up to a whole new world ;) don’t be short gold or miners going into the weekend. China’s launches oil/yuan/gold contracts Sunday night. Not enough gold at these prices to,settle contracts. Wouldn’t be surprised China revalues gold this weekend and little payback for Trumps tariffs. Won’t be the first time golds been revalued. Best time to do it is when it’s hated ;)

[Captainandy]

#GDXJ: Looks like its about that time again...:-}

[DarkPool]

https://seekingalpha.com/article/4155178-nulegacy-gold-nulgf-presents-ld-micro-virtual-conference-2018-slideshow

[DarkPool]

Come get some bugs. Don’t sleep. Do your DD this weekend. Big news on deck


Corporate Structure

Symbols NUG-TSXV
NULGF – OTC
Updated January, 2018
Shares Outstanding 293.8 million
Warrants 10.4 million
(C$6.7 million on exercise)
Options 34.2 million
(C$7.4 million on exercise)
Cash and Securities1 ~ C$8 million
Institutional and Industry Ownership Summary
OceanaGold 16.2%
Barrick Gold 10.9%
Tocqueville Gold Fund 9.7%
Davenport LLC 4.9%
Ingalls & Snyder 1.4%
43.1%
Public 40.3%
Principals 16.6%
100%

[DarkPool]

Petrodollar is about to absolutely hammered when it happens. Chinas Billions of people Trumps America’s puny 300 million. Simply supply and demand.

[DarkPool]

Overnight chinas gonna revalue gold. Not enough gold to back the oil/yuan/gold futures contract. Gonna have to be in to catch it. March 24th. Could do it sooner to Surprise markets. Wouldn’t be the first time. They’ll do it when market doesn’t expect it. We expect March 24th. Don’t get caught without a sizable position!

[DarkPool]

Multi-billionaire Hugo Salinas Price: There is a lot of commentary going around the world, regarding Trump’s initiation of a “Trade War” to rebuild America’s industries. Trump thinks that tariffs will do the trick, and stop the rest of the world from taking unfair advantage of the US by selling their goods to the US in exchange for lots of US dollars. According to Trump, this nefarious behavior on the part of the rest of the world is causing a h-u-u-u-ge Trade Deficit, sending hundreds of billions of dollars out of the country. Trump’s view is that this is just plain “unfair” I guess Trump is not familiar with what happened at Bretton Woods, back in 1945, when the US, as victor in WW II, forced the rest of the world to accept the US proposition: gold would be the world’s money, supplemented by dollars, which were to be regarded as good as gold – and perhaps they were, at the time, as good as gold, for the US had a stock of some 22,000 tons of gold at that time.

But as time went on, US trading partners began to ask for gold instead of dollars, a thing of which the US disapproved – and General Charles de Gaulle was a prominent recipient of US disapproval, for after asking for France´s gold (to which France had a rightful claim) in 1968, the General was faced with a timely revolutionary situation which very nearly overthrew him.

Finally 1971 came around, the US stock of gold was severely diminished, and Nixon had to revoke Bretton Woods by declaring that the US would no longer redeem dollars held by foreign governments, for gold. The gold window was closed. The world was compelled to work on a Dollar Standard – the irredeemable dollar became the essential currency required for Central Bank reserves, a situation which prevails at the present time.

So since the world revolves around the US dollar, it is essential for the Central Banks of countries to hold dollar reserves.

How can the rest of the world obtain those dollars?

The only way for the Central Banks of foreign countries to own dollars, is by having their economies sell things to the US.

The only way to sell things to the US, is by underselling US producers.

So the Exorbitant Privilege of the US, the production of the world’s fundamental currency – which allows it to purchase anything in any amount, in any place, at any price – produces automatically the fundamental need of foreign countries to undersell US producers.

So if Trump wants to make it hard for foreign countries to obtain the dollars they need to prop up their economies, what he is doing simply undermines the Exorbitant Privilege established by the US itself, in 1945, and reinforced in 1971.

This is the operation of “Bad Karma”, which produces bad consequences for those that live with “Bad Karma”.



China Close To Petro-Yuan-Gold Launch
Good show, Donald old boy! With your enthusiasm for trade wars, you are furthering the arrival of the Gold Standard, and China is, on cue, about to initiate on March 26, their famous Petro-Yuan deal (which they have postponed several times). The Petro-Yuan leads into the Petro-Yuan-Gold deal, where the oil exporters will be able to turn Yuan – which they don’t need – into gold.

The current theme of whether “Trade War” is good for the US, misses the point entirely. The US collapse into the “Trade War” syndrome only obfuscates the real outcome: the end of the US dollar as the world’s fundamental currency. If countries are unable to obtain dollars for their Central Bank reserves, they will have to look for a substitute. And the only substitute will have to be GOLD

[DarkPool]

Gap filled. Only gaps left uptop. Grab the bottom buster cheaps.

[DarkPool]

Shorts might wanna cover asap :)

[DarkPool]

Just cover kids. Trapped!

[DarkPool]

Bears trapped. Cover chumps!

[DarkPool]

Good luck covering you naked dummies!

[DarkPool]

Reload on oversold rsi 20 ;) shorts can’t cover so they’ll try and force stops ;)

[DarkPool]

Keep buying the cheaps. They’ll cover eventually

[DarkPool]

Keep pressure on ask we squeeze em!

[DarkPool]

About to be oversold. Load shorty borrowed for next squeeze higher ;)

[DarkPool]

Oversold. Squeeze the bears. Can’t find shares to cover ;)

[DarkPool]

Squeeze the shorts ;)

[DarkPool]

Now that was stupid shorty;) just loaded more with house money on the oversold bear attack. Come get your borrowed chumps!

[DarkPool]

Bear trap was set. Poor saps will be covering higher ;)

[DarkPool]

Lmao chumps

[DarkPool]

Squeeze em ;)

[DarkPool]

Wait for oversold rsi on 1minute then scoop em with house money ;)

[DarkPool]

Free cash flows for mining companies hit all-time highs in 2016, breaking the record set in 2011, but they are on pace to smash the free cash flow record once again in 2017! And yet the HUI is roughly 72% lower than it was in 2011. That is how irrational things have become in the gold and silver sector, but it will not be a state of permanence. The purpose of the psychological warfare conducted in the paper markets is to keep people away from gold and silver and also to get them to sell.

Games will continue to be played in the paper gold market so that the commercials can cover short positions. But the bottom line is that gold is very close to a historic upside breakout, despite volatility. That is why Western central planners have been fighting like hell to delay this major breakout in gold. No matter how long it takes, time is now on the side of the bulls. As for the bears, time is running out for the orchestrated takedowns…tick-tock, tick-tock.

[DarkPool]

http://www.gata.org/node/18067

[DarkPool]

Today example is $32.30 ask stacking 10s of thousands

[DarkPool]

Been in correspondence with VanEck on the consistent naked shorting especially with where the price of gold is. Again we know bulls aren’t selling here so only place their getting shares are by constantly naked shorting. If that’s not market manipulation I’m not sure what is. Hopefully VanEck attorneys address this soon. I’ve been emailing daily L2 recording for last two weeks as evidence.

[DarkPool]

Keep accumulating those nakeds bulls. Commercials and hedges now net long gold and have added to their position. Don’t get shook!

[DarkPool]

Oversold. Squeeze em ;)

[DarkPool]

And there are plenty more in the works. Demand for golds about to skyrocket. The only cryptos left standing will be those backed by real money. Silver and gold. Look at the price increases of NVDIA graphic cards. Same will happen with gold and miners. Not enough to back all these gold cryptos that are pre ico now.

[DarkPool]

Gold crypto on deck. Fry shorts!

During a Patria Para Todos [Fatherland For All] party event at the National Theater in Caracas, Maduro announced,

“The petro is a cryptocurrency unique in the world that is supported by oil, and I have a surprise that I will launch next week, the Petro Oro [gold], backed by gold, even more powerful.”

Since the petro’s Initial Coin Offering (ICO) opened on Feb. 20, $735 mln has allegedly been raised, according to Maduro’s Twitter. No official numbers for the ICO had been released by press time.

[DarkPool]

Exactly why these guys should be prosecuted for market manipulation. Just because commercial were wrong doesn’t give them the right to manipulate markets. Can’t wait till blockchain tech takes over the markets.

[DarkPool]

Miners posting recorded quarterlies and expanding operations. They do this by acquiring their junior partners. Accumulate bull market only couple years in. Eat the cheaps fellas. Writing is on the wall.

[DarkPool]

Pure manipulation. Dollars toast. March yuan oil future contracts go live. Also can be settled it gold. Worlds done with the worthless dollar. Commercial shorts are getting desperate. Tic tic your days are numbered.

[DarkPool]

Notice today action. Very reason they went naked so many after hours yesterday. White collar crime at its finest.

[DarkPool]

6 million shares at 31.60 talk about modern day white collar crime! And where’s the SEC and FINRA when you need them.

[DarkPool]

Current gold price this should be at $50! Enjoy the cheaps. Won't last long.

[DarkPool]

In last week’s missive, I mentioned the probability of a near-term bounce in gold stocks, based on how over-sold the sector had become during “panic week” in the global marketplace. A few hours after the article was posted and with the GDX down a further 3% last Friday, the last fifteen minutes of trade in the major miner ETF was bought heavily back to unchanged on the day. The late reversal off critical support at the $21 level, coupled with huge volume of over 100 million shares traded, is a good argument for a possible long-term bottom in the miners being seen.

Then on the following Wednesday, the U.S. Consumer Price Index (CPI) for January was released an hour before the market opened. The gold price immediately dropped $15 in minutes on the stronger than expected consensus forecast of an increase of 0.5% in January, after increasing 0.3% in December. Computer-based algorithm trades were set to sell gold on a higher inflation figure, based on the anticipation of another rate hike after the next Federal Reserve Open Market Committee (FOMC) meeting in March being bearish for the precious metal.

But a very unexpected market move happened on the way to another rate-hike related beating of the gold space. When the market translated the 0.5% rise of January inflation into a year-over-year gain of 2.1% versus expectations of 1.9%, the gold shorts began to cover quickly. By the measure of the CPI, inflation is already above the Fed's 2% target, so the market began to focus on the Fed’s dot plot lagging inflation, as opposed to the better odds of an upcoming rate-hike in March. The gold price blew through resistance at $1330 and ended the day reversing nearly $35 to the upside, with the gold stocks outperforming by over 2x on nearly 90 million shares traded in the GDX.

The strong bounce off critical support in the major miner ETF has now paused at the $23 area, which I mentioned last week as a strong resistance level before possibly heading back down for another move lower. Due to the surprisingly strong upside reversal with large volume off the $21 level in the GDX last Friday, coupled with the equally strong buying reaction of the CPI report, I am no longer expecting a sharp move below $21. However, this is still a possibility if we see more panic in the global market place next week, so a bit of caution and cash is still advised as gold stocks have been trading with the US market since the panic move lower began last week.

Meanwhile, the U.S. dollar has continued to weaken since back-testing and reversing from the 90.50 area on the Cash Settle Index at the beginning of this week. The weekly chart has formed a bearish flag and could target the 86 region if the U.S. market continues higher, while stock market volatility has also been declining. An 86 print in the greenback could easily push gold, which has now formed a very bullish cup & handle formation on the weekly chart, towards long-term resistance at the $1375 level. As previously mentioned in this column, a monthly close above $1375 would be technical confirmation of gold being in a new bull market.
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Another reason to be short-term bullish in the precious metals sector is the speculators position in the Commitment of Traders (CoT) report for silver, which was posted last Friday. The net spec position in silver is only 30.5K contracts, or 14.9% of open interest. Since the CoT reports only contain information as of the previous Tuesday, these figures could be even more bullish, when considering the panic into cash which ensued in all markets until the following Friday. We will find out later this afternoon, when the latest precious metal CoT reports are released at 3:30pm EST.

Silver has practically been given up for dead by the market recently, as the gold/silver ratio is now above 80-1. The last time this ratio was at that level in January 2016, gold stocks began a huge 180% move in just 6-months, while silver, along with silver miners, outperformed both gold miners and bullion.

The Chinese market is closed until February 22nd, which also happens to be Options Expiration in gold. Many have claimed Options Expiry day in the precious metals to be a manipulators paradise for making sure most gold call options at key price points expire worthless. Watch the $1350 level closely, as there are quite a few in-the-money options at this price and traders must decide if they want to keep their futures positions, or roll them over into the following month. This will probably add to the short-term volatility in bullion next week.

If the market continues to focus on the Fed being behind the inflation curve, as opposed to fearing future quarter-point rate hikes, then gold stocks have some serious catching up to do with the gold price. Keep a sharp eye on the $25-$26 level in the GDX, as I expect a big move higher once this critical resistance level has finally been broken. In the meantime, a bit more patience may be required for frustrated gold stock investors.

[DarkPool]

Lmao cover punks. Spot +$1300