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Yes, I didn't see that screen, and it does explain your motivations. Also, I noticed that you use proper iHub "commercial user" profile image now, which was missed when I first checked some time ago. So, it's legal business now. Personally I started using 30-min charts after watching your videos. My set included 10-min (2-day), daily and weekly charts before. Good luck.
So, what is your understanding of "power profit" scans? Is this something to get "power profit" or just some stuff to sell subscribers? If you are not an "awesome trader" then how can you teach others? Are you just an "awesome salesman"? Why sell just subscriptions? Try something else: perfumes, cars, ...
Yes, Clay is such a successful trader, he can make millions trading stocks, but.. he needs to collect $99 from his iHub followers - that's how he actually makes a living.
Yes, one of the bagholders spent pocket change $1,200 to imitate activity.
There is no sense to discuss this with iHub pump team members. These guys are able to move dead bodies like PMXO: front load, pump, and attract gullible investors (future bag holders). Most of them sell on the first run and don't remember a ticker in a couple of days.
The CME Extends The Paper Fraud To The Coin Market
BY THE DAILY COIN · PUBLISHED MAY 1, 2017 · UPDATED MAY 2, 2017
On April 11th, the CME and England’s Royal Mint announced that they were testing a blockchain-based platform for trading gold. The product to be traded is a new crypto-coin called, Royal Mint Gold (“RMG”). The token will be issued by the Royal Mint and will represent the digitized version of 1 gram of gold. The gold will be stored in the Royal Mint’s vaults.
This news announcement, which was reported by The Daily Coin “CryptoGold and Thieving Banksters” certainly caught our attention. The fact that the CME is involved is enough to shine the light of truth on precious metals trading and ownership. This is because the concept of a “new alternative way to trade gold” is an extension of the “fractional gold and silver bullion market” that is driven by the paper derivative precious metals products traded on the Comex and the LBMA.
The truth is that this new “blockchain-based” technology is nothing more than a mechanism to divert investor money away from taking delivery of actual physical gold and silver in the form of Royal Mint bullion coins and LBMA bars, thereby removing the availability of physical gold and silver that can be used for hypothecation. Furthermore, the new product is an extension of the institutional-level fractional bullion system that utilizes Comex/LBMA paper gold and silver contracts in order to fabricate the illusion that the buyers of those contracts have purchased legal ownership the underlying bullion bars. Below is an excerpt from the Royal Mint’s website which promotes the new concept:
RMG®, an innovative new product launching in 2017, will provide the investment performance of the London Gold Market with the transparency of an exchange-traded security. RMG holders will negate counterparty risk, by having direct ownership of physical gold bullion where each RMG represents ownership and full title to 1g of physical gold bullion held in the form of fully allocated, LBMA Good Delivery Bars within The Royal Mint’s vault.
We believe these features, coupled with the guarantee of zero ongoing annual management fees and free storage, represents one of the best and cost-effective ways to invest in physical gold today. At any time RMG can be redeemed for physical gold bars and coins produced by The Royal Mint, with physical delivery.
The basic tenet of the RMG is that “counter-party” risk is eliminated because the buyers are purchasing direct ownership of gold that is stored in the Royal Mint’s vault. However, the idea of custodial possession – where the owner trusts the safe-keeping of an asset with a third party – is in and of itself a primary source of counter-party risk. The first law of ownership of gold is that you do not fully “own” it until it is in your personal possession. Just ask the German Government.
The second myth in that statement above by the Royal Mint is the gold is held in the form of fully allocated LBMA Good Delivery Bars (in the Mint’s vault). This is GLD’s holy grail claim as well. The problem, again, is accountability. Until gold custodian’s are willing undergo a fully independent 3rd party audit at any time and without advance notice, it’s silly to assume that these custodians possess full, legal title to the gold they are reporting to be in their vaults. The poster-child example is the U.S. Federal Reserve, which has spent millions to avoid the prospect of a legally enforced audit of its gold vaults by a third party, fully independent auditor.
http://thedailycoin.org/2017/05/01/cme-extends-paper-fraud-coin-market/
With all due respect... left shoulders on your GDXJ charts (especially the first one) is a product of author's imagination. Maybe I am blind though...
" inflicting pain"
Talking about pain ... Max-pain indicator for this Friday currently stands at $7. Well, it can slip to $6.5 tomorrow morning. Of course, it's not reliable indicator, etc. but it works sometimes (I would say more often than it doesn't). Shortly speaking... I expect JNUG to close above $6 (or even $6.5) tomorrow.
Deplorable Dexter @DexterDaPup Apr 6
Whens the move to the big exchange?
1 reply 0 retweets 0 likes
Reply 1
First Mining Finance
@FirstMining
Replying to @DexterDaPup
we intend to apply for the upgraded listing next week and begin trading on the TSX before the end of this month.
we intend to apply for the upgraded listing next week and begin trading on the TSX before the end of this month.
— First Mining Gold Corp. (@FirstMining) April 7, 2017
China Threatens To Bomb North Korea's Nuclear Facilities If It Crosses Beijing's "Bottom Line"
http://www.zerohedge.com/news/2017-04-11/china-threatens-bomb-north-koreas-nuclear-facilities-if-it-crosses-beijings-bottom-l
Trump's Biggest Enemy is the Fed
http://www.marketoracle.co.uk/Article58719.html
Platinum Price Below Gold for Longest Since 19th Century
Monday, 4/10/2017 18:30
"Platinum's 'positive story not being told' as price discount to gold hits $300 per ounce...
PLATINUM PRICES have now traded below the price of gold for more than two years, extending the precious metal's discount to its longest run since 1900..."
https://www.bullionvault.com/gold-news/platinum-price-041020172
Russian version: only 23 missiles hit the target.
http://www.fort-russ.com/2017/04/only-23-out-of-59-us-missiles-hit.html
Yes, I know. I have no idea who used chemicals this time. Russia compares current "evidence" with Colin Powell's presentation in UN before Iraq war started. Now Russia threatens with asymmetric response (like sending missiles to Iran or North Korea, for example). Some analysts agree that this situation is beneficial both for Trump (who demonstrated how tough he is and indirectly proved that there were no support from Russia during elections) and Putin (who will try to unite the nation to fight external enemy). They also see unusual ineffectiveness of this strike: less than 50% of missiles actually hit surprisingly unimportant target. One of the scenarios - it was a show, and US didn't really plan to upset anybody.
Wow. Watching Russian TV... USA is now a "fascist" State. Welcome to Ukrainian & Georgian "fascist" camp. Everybody who acts against Russia's interests is "fascists". Of course, it takes 5 min to switch from fascist to friend status - like it happened to Turkey.
Everything can happen, but I bet on the close below 7. Could be wrong, of course.
It's in hands of Russia now. Were any Russian troops killed during attack? Are they really ready to confront US? It's kind of disappointment for Russia to see that "our friend" Trump didn't meet expectations and "betrayed us" again.
https://www.washingtonpost.com/world/europe/russia-condemns-us-missile-strike-on-syria/2017/04/07/c81ea12a-1b4e-11e7-8003-f55b4c1cfae2_story.html?utm_term=.b1d99d7fb8e1
Check you order. You probably placed "Good for Day" instead of "Extended Hours" order. I personally traded twice already.
Moscow And Beijing Join Forces To Bypass US Dollar In Global Markets, Shift To Gold Trade
The Russian central bank opened its first overseas office in Beijing on March 14, marking a step forward in forging a Beijing-Moscow alliance to bypass the US dollar in the global monetary system, and to phase-in a gold-backed standard of trade.
...
Financial regulators from the two countries agreed last May to issue home currency-denominated bonds in each other’s markets, a move that was widely viewed as intended to eventually test the global reserve status of the US dollar.
...
two central banks were drafting a memorandum of understanding to solve technical issues around China’s gold imports from Russia, and that details would be released soon.
If Russia - the world's fourth largest gold producer after China, Japan and the US - is indeed set to become a major supplier of gold to China, the probability of a scenario hinted by many over the years, namely that Beijing is preparing to eventually unroll a gold-backed currency, increases by orders of magnitude.
...
One of the most significant measures under consideration is the previously reported push for joint organization of trade in gold. In recent years, China and Russia have been the world's most active buyers of the precious metal. On a visit to China last year, the deputy head of the Russian Central Bank Sergey Shvetsov said that the two countries want to facilitate more transactions in gold between the two countries.
"We discussed the question of trade in gold. BRICS countries are large economies with large reserves of gold and an impressive volume of production and consumption of this precious metal. In China, the gold trade is conducted in Shanghai, in Russia it is in Moscow. Our idea is to create a link between the two cities in order to increase trade between the two markets," First Deputy Governor of the Russian Central Bank Sergey Shvetsov told Russia's TASS news agency.
In other words, China and Russia are shifting away from dollar-based trade, to commerce which will eventually be backstopped by gold, or what is gradually emerging as an Eastern gold standard, one shared between Russia and China, and which may day backstop their respective currencies.
Meanwhile, the price of gold continues to reflect none of these potentially tectonic strategic shifts, just as China - which has been the biggest accumulator of gold in recent years - likes it.
http://www.zerohedge.com/news/2017-04-01/moscow-and-beijing-join-forces-bypass-us-dollar-global-markets-shift-gold-standard
I have absolutely no problem with any trading/investing style - whatever serves you better. What is annoying: some poster actively predict $3 and try to scare the board when they are out of shares, and looking for immediate 8.5 or 15 when they are long. But it's just my problem, I don't pay attention to those posts anyway... BTW, by definition: "A long-term investment is an account on the asset side of a company's balance sheet that represents the company's investments, including stocks, bonds, real estate and cash, that it intends to hold for more than a year."
"Not a day trader, looking for a longer term position. You play your game, I'll play mine"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=129609672
OT. Not trying to start Russia-Ukraine-Crimea discussion again... just some parallels as I'm watching "celebration" of 150 years of "sale" of Alaska in Russia. I put "sale" in quotes because many officials and semi-officials in Russia claim that this was crime committed by Alexander II: "the transfer was unlawful", "America cheated and didn't pay in gold as it was agreed", "Alaska was discovered by Russians and belonged to Russia for 135 years. We had navy fleet in Kamchatka and California". Replace Alexander II by Khrushchev, Alaska by Crimea... exactly the same wording as was used before Russian occupation of Crimea... I guess iHub guys that think annexation of Crimea was legal won't use the same logic for Alaska - " Russia's God-given territory".
https://www.nytimes.com/2017/03/30/world/europe/alaska-russia-sale-150.html?_r=0
http://www.npr.org/2017/03/30/522091669/150-years-ago-the-u-s-bought-alaska-from-russia
These guys didn't waste time this weekend either - got the physical really cheap. :
Gold coin in Guinness Book of Records stolen, worth as much as $4.5M
www.foxnews.com/world/2017/03/27/gold-coin-in-guinness-book-records-stolen-worth-as-much-as-4-5m.html
First, you forgot one zero, the dividend is 0.02253. Second, it's not coming, it's already gone. Ex. div date was 03/21/2017, record date - 03/23/2017, and it will be paid on 03/28/2017 (next week). So, for every thousand of shares you held on last Thursday you will receive $22.53 dividend next Tuesday.
http://www.direxioninvestments.com/products/direxion-daily-junior-gold-miners-bull-3x-etf#
https://www.com-unik.info/2017/03/21/direxion-shares-exchange-traded-fund-trust-jnug-announces-0-02-special-dividend.html
Nice move in JNUG today!!! There is a small gap around 7.30 on intraday chart. We will probably revisit it soon. .
Yes, dozens of indicators often duplicate or contradict each other and make charts almost unreadable. Especially for intraday plays. I am not a TA guy in a sense that I can't play "scan results" if I don't know stock and don't understand fundamentals. But I always look at the charts for stocks that I plan to buy or sell. So, for STP trades I dropped almost everything from my charts, and they look as simple as possible.
For daily pinches:
for intraday (10 min):
or
Basically, you look at pinch pattern for entries and stochastics for oversold/overbought conditions (to buy or sell).
"100% accurate on buy Buy and Sells"
Just wondering how do you use pinch patterns to determine sell points? My guess: you can't do this w/o looking at other indicators (like stochastics, RSI, etc.)
Gold Juniors' Q4'16 Fundamentals Very Bullish
http://seekingalpha.com/article/4056250-gold-juniors-q416-fundamentals-bullish
Gold Juniors' Q4'16 Fundamentals Very Bullish
http://seekingalpha.com/article/4056250-gold-juniors-q416-fundamentals-bullish
Hi, I don't have private messaging... Here is another one (37C over spot):
http://www.ebay.com/itm/100-oz-Royal-Canadian-Mint-RCM-Silver-Bar-9999-Fine-/201369753414?hash=item2ee2929746
It's just amazing... not just "average" citizen... some of elected leaders have no idea about gold:
Idaho Democrat Leader Brain Malfunction
Representative Erpelding said with an air of superiority. “If we say that gold is going to protect us from inflation, I want to point out that in 1868, gold was $27 an ounce, and today gold is $1,218 an ounce. So, we can’t say that gold is going to protect us from inflation when you have that type of a price range over the last hundred years. So, I just want to point out that facts are important.”
http://goldsilverworlds.com/price/idaho-democrat-leader-brain-malfunction-cant-say-gold-going-protect-us-inflation-risen-27-ounce-1218-ounce/
If it closes below 6.5 I will be assigned a bunch of shares due to the puts I sold for ~ 0.6+.
or close above 8... or close between 6 and 8... Just following your logic.
Last time JNUG paid dividend in June 2014. No updates since then.
I am in NY. New York State doesn't charge sales tax on purchases over $1000. I actually track NYS seller on eBay with routinely lowest prices for PMs, and bought some silver this week.
Idaho House of Representatives Votes Overwhelmingly to Remove Income Taxation from Precious Metals
Boise, Idaho (March 14, 2017) – By an overwhelming 56-13 margin, the Idaho House of Representatives today voted to end all Idaho taxation on precious metals, e.g. gold and silver coins and bars.
http://goldsilverworlds.com/physical-market/idaho-house-representatives-votes-overwhelmingly-remove-income-taxation-precious-metals/
Sound Money Is Rising at the State Level
GoldSilverWorlds | March 6, 2017
“Citizens aren’t allowed to declare capital losses when the dollars they hold lose value. So, it isn’t fair to tax capital gains when the gold and silver they own rises in value.”
...
Supporters of sound money are working hard to reestablish gold and silver as money according to state law and to make sure it is treated as such in the tax code. Trading one form of money for another should not trigger any tax. There is no sales tax when customers swap their precious metals for dollars, so switching dollars to bullion should also be tax exempt.
Oklahoma, Utah, Texas, Idaho, and nearly 20 other states already exempt precious metals from sales tax. Utah and Oklahoma have gone one step further, reaffirming the U.S. Constitution’s designation of gold and silver as legal tender. As such the metals are free from all state taxes – including capital gains.
Texas and Tennessee have both approved measures to establish precious metals depositories in their states. Utah legislators are now considering a bill to authorize the same. The idea is to facilitate ownership of gold and silver bullion in state-run investment funds including pensions.
...
http://goldsilverworlds.com/gold-silver-insights/sound-money-rising-state-level/
Short Sellers Now Screaming About a Buy Side Silver Conspiracy
http://seekingalpha.com/article/265381-short-sellers-now-screaming-about-a-buy-side-silver-conspiracy
I like this part about platinum (holding a bunch of physical):
The platinum market is smaller than the silver market. The percentage of above-ground platinum is smaller, compared to consumption, than the percentage of above-ground silver. When the silver price revaluation runs its course, and silver is finally sell for a normalized value based upon its 16 to 1 ratio in the earth's crust, versus gold, we believe that vigilantes are most likely to turn toward platinum. We believe that J.P. Morgan Chase (NYSE:JPM), accused of being one of the New York Federal Reserve's primary agents in manipulating stock, commodities and precious metals prices, knows this. It is actively buying huge amounts of physical platinum bars. Being 14.7 times rarer than gold, if platinum prices normalize to the metal's abundance, one troy ounce would be worth $22,000 right now, 14.7 times more than the current price of gold.
Do you know that PMX Communities Status with the State of registration is "DEFAULT", and business license expired on 12/31/2016?
How do you "speak to the company" when they never answer calls or emails? Oh, I forgot, Meris... you spoke to yourself.