Why online dealers are so desperate

L

leon1998

Member
Starting from this year, APMEX offers free-shipping; then Providentmetals followed; Gainesville also started to accept personal checks.

Yesterday Texas Metals also offered free-shipping; and I noticed silver.com lowers their minimum purchase for free-shipping from $500 to $300.

It is NOT even April! Why are they so desperate to move their inventory?

Last week's gold COT report gave me some hint. Commercials' short position is near a bottom now, however Large Specs' long position still persist. What does it mean?

I am afraid gold will oscillate between 1190 and 1220; until Commercial builds up their short position again. And by the time US dollar will finish the correction. Then gold resumes its downtrend, to possibly 1085 or less.

JM2C :P
 
"Sell the physical, and then smash the paper"

The strategy worked last year, and this year will be no exception.

I am withholding my physical purchase until the second half. ;)
 
leon1998 said:
Starting from this year, APMEX offers free-shipping; then Providentmetals followed; Gainesville also started to accept personal checks.

Yesterday Texas Metals also offered free-shipping; and I noticed silver.com lowers their minimum purchase for free-shipping from $500 to $300.

It is NOT even April! Why are they so desperate to move their inventory?

Last week's gold COT report gave me some hint. Commercials' short position is near a bottom now, however Large Specs' long position still persist. What does it mean?

I am afraid gold will oscillate between 1190 and 1220; until Commercial builds up their short position again. And by the time US dollar will finish the correction. Then gold resumes its downtrend, to possibly 1085 or less.

JM2C :P
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And where do central bank purchases fit into your analysis? You are back quoting figures you got in replies from this thread.

What happened to wave theory?

http://forums.silverstackers.com/topic-61335-gold-s-path-1200117011301085.html

Who makes the gold market Leon people with shipping offers on 1Oz coins? Governments deal in tons....you don't seem to know how dealers work either. Their revenue relies on volume and margin - not the underlying price, same as stocks. Their inventory gets replaced or returned, they are not investors in PMs they are traders in it.

Why are you afraid anyway- do you hold any PMs ? Want to sell any gold at 1085?

Commercials having low shorts at this time of year is normal.
 
Looking at two factors to see where gold prices are headed next: the Federal Reserve's actions and the U.S. dollar. They are unanimously pointing toward the upside.
 
leon1998 said:
Starting from this year, APMEX offers free-shipping; then Providentmetals followed; Gainesville also started to accept personal checks.

Yesterday Texas Metals also offered free-shipping; and I noticed silver.com lowers their minimum purchase for free-shipping from $500 to $300.

It is NOT even April! Why are they so desperate to move their inventory?

Last week's gold COT report gave me some hint. Commercials' short position is near a bottom now, however Large Specs' long position still persist. What does it mean?

I am afraid gold will oscillate between 1190 and 1220; until Commercial builds up their short position again. And by the time US dollar will finish the correction. Then gold resumes its downtrend, to possibly 1085 or less.

JM2C :P
Click to expand...

Crazy Prophets
[youtube]http://www.youtube.com/watch?v=itRbwbVTrzw[/youtube]


Mud_Covered_Prophet.jpg

Source:
 
Today US dollar is up, gold is down. ;)

stackingstudious said:
Looking at two factors to see where gold prices are headed next: the Federal Reserve's actions and the U.S. dollar. They are unanimously pointing toward the upside.
Click to expand...
 
leon1998 said:
Today US dollar is up, gold is down. ;)

stackingstudious said:
Looking at two factors to see where gold prices are headed next: the Federal Reserve's actions and the U.S. dollar. They are unanimously pointing toward the upside.
Click to expand...
Click to expand...

So tomorrow or next week the reverse so what? In Au$ it was up today ? I don't trade paper gold so who cares ? $10 up or down is not going to change anything. This is not the reason to buy real gold and if you don't understand that then clearly you need to go and buy more stocks.
Buying gold is a long term bet against the lunacy we call financial markets and the policy of governments we call financial repression.
 
I don't understand why you bugs are so upset about my analysis and prediction. :(

From what I experienced in 2013 and 2014, I believe the best time to buy physical is in the second half of the year; preferably starting from Thanksgiving to New Year's day.

Anyone who got excited in the first half of the year, will be pissed. ;)

Yeah yeah I know you will say "this year will be different" and then ................ SURPRISE !!! :P
 
leon1998 said:
I don't understand why you bugs are so upset about my analysis and prediction. :(

From what I experienced in 2013 and 2014, I believe the best time to buy physical is in the second half of the year; preferably starting from Thanksgiving to New Year's day.

Anyone who got excited in the first half of the year, will be pissed. ;)

Yeah yeah I know you will say "this year will be different" and then ................ SURPRISE !!! :P
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1)You make absolutist medium term exact spot predictions on a volatile commodity market like a fool
2)You start multiple threads with the same bear message after you have been incorrect
3)You cite wave theory as your basis
4)You fail to respond to direct questions.
5)You overuse emoticons in all your posts
6)You really have no knowledge of the subject and it shows.
7)Then you start the same thread all over again.
8)You have a narrow and incorrect perspective on PM owners and generalise (I am not a PM 'bug'. PMs are a fraction of my assets...about 10%)


You would be just as wrong if you were doing the same and predicting bull figures. You are just too narcissistic to understand that. That's the same reason you feel so assured in your random convictions that are almost undoubtedly being parroted second-hand with you lacking any ability to expound on supporting what wheres whens and whys beyond a couple of lines.

Finally you come across as a teenager and they are generally irritating with the odd remarkable exception. You are not an exception.

Just how many bear prediction threads have you posted now? Three or four all with different figures. So you expect heaps of praise or something.

You are basically a troll and not a very talented one.
 
Really? This forum only allows bull prediction?

:(

Wow, so many allegations :P Oldsoul must be a seller.
I will tell you what: this is the buyer's market, period. Just drop your attitude, and lower your price :P
 
leon1998 said:
Really? This forum only allows bull prediction?

:(

Wow, so many allegations :P Oldsoul must be a seller.
I will tell you what: this is the buyer's market, period. Just drop your attitude, and lower your price :P
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Quite the opposite. I like this forum because it is plain speaking and has freedom of speech.

Bulls without any details of their analysis or who make bogus predictions get short shrift. Equally mindless bears.

STOP WHINING.

"whine


/(h)wn/


verb

gerund or present participle: whining




give or make a long, high-pitched complaining cry or sound.
"the dog whined and scratched at the back door"



complain in a feeble or petulant way.
"the waitress whined about the increased work"


synonyms: complaint [noun], complain [verb], grouse, grumble, murmur; More


"
 
Stop telling a lie, Oldsoul

Your reaction to bear prediction, matches exactly what a seller looks like.

Not sure whether you're hired by dealers; you sounds like a forum moderator. Telling people not to start more than five topics, telling people not to overuse emoticans ...

Freedom of speech? yeah right :P
 
leon1998 said:
Stop telling a lie, Oldsoul

Your reaction to bear prediction, matches exactly what a seller looks like.

Not sure whether you're hired by dealers; you sounds like a forum moderator. Telling people not to start more than five topics, telling people not to overuse emoticans ...

Freedom of speech? yeah right :P
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No one is censoring you. If you bothered to read anything I have posted you would see I was equally critical of wave theory in a bull context today.

Personally I'm just going to ignore you although if you post nonsense naturally I may find it funny and share that fact with other readers. Your predictions whether they be bull or bear are just boring noise.


I note you think can predict forex with assurance as well.......wow...just..wow

You have one trick throw out lots and lots of figures with no relevant definition of time...so you can run back and look for praise and adulation if one randomly comes up in a spot chart.
 
I don't think online dealers are desperate at all. They are making a killing off of us. :cool:
 
I think it might take a bigger dip now.

April-May period might be a good buying opportunity. I don't see why some would wait for the second half of the year.

April-May-June could be bring sub-1,000 $ gold or sub, 1,100 $ in the worse case.
 
The weekly gold COT report showed only 230K short contracts held by Commercials (banks+dealers+etc).

Apparently they don't have enough hedge now;

I am afraid Commercials might pull up gold spot, and add more to their short reserve; before another smackdown starts. :P

And it takes time, that's why I believe the best time to buy physical is the second half of the year. :)

TreasureHunter said:
I think it might take a bigger dip now.

April-May period might be a good buying opportunity. I don't see why some would wait for the second half of the year.

April-May-June could be bring sub-1,000 $ gold or sub, 1,100 $ in the worse case.
Click to expand...
 
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