Monday, April 27, 2015

Oh well just look at gold and silver

Here's gold over the weekend:

Well, lookie that! Gold somehow just happened to make back all the money it lost in Friday's 10:00:00.000 AM hammerblow.

And silver is 5 cents above where it was Friday morning, which gives you a clue as to where gold is really going once OpEx passes.

Once again, proof that the high-frequency signal generated by bullshit options trading should be ignored completely, and you should concentrate on the underlying low-frequency signal that is generated by physical supply and demand.

Because futures aren't gold and futures eventually cancel out.

No comments:

Post a Comment