Metro Bank Share Discussion Threads

[marie1980_m] 22/3/2020 22:36

SR

it’s not secret that the price manipulation of paper gold price by JPMORGAN, CITI,ETC..in Comex and LBMA..

[sentimentrules] 22/3/2020 22:34

Highly rigged.

Didn't know JPM on the short.

[marie1980_m] 22/3/2020 22:32

Sometime I think even this paper gold market is rigged.

JP Morgan has huge short on paper gold - kept on shorting from 1700.

I was expecting them to close last week but they didn’t

[marie1980_m] 22/3/2020 22:31

Physical gold is atleast 10% higher everywhere than paper gold

Says it all.

[sentimentrules] 22/3/2020 22:31

It's strange really

[sentimentrules] 22/3/2020 22:30

All bust bar big big majors with huge cash reserves

[marie1980_m] 22/3/2020 22:30

Gold under 1500 wow.

Did anyone see biggest Mis matche ever between physical and paper gold ?

Can’t believe what I’m seeing

Unreal.

[marie1980_m] 22/3/2020 22:29

Kathy,

Don’t copy my post and then put here. It’s old news. Precisely 30 mins late lol

Oh wait you’re a trader hahah

[marie1980_m] 22/3/2020 22:27

Yes absolutely. Once they hit storage capacity they would be paying customers to store it lol


—- 😂😂👍👍 exactly. Lots of bankruptcies on the way. US Shale already shaking.. like of Tullow and premier oil will go bust surely.

[idoflykathy] 22/3/2020 22:26

Both FTSE and DOW futures have hit their limits lol.... FTSE down over 6% and DOW 5.2%.... futures limits. Going to be carnage. Imagine all the idiots that stayed long over the weekend! Imagine those morons on Tullow!

[marie1980_m] 22/3/2020 22:25

I think the money spent by govs today, they hope is recouped by forecasted QE etc not being required later

— agree.Here in UK, they literally gave the blank check to business and Germany now pump 350 million euro into business and even buying direct stake in corporate houses.

Since few days I was wondering, uk banks need ages to reply the bailout money.

Now imagine about airline and travel companies.

Sometime my mind stop working of how this mess will get clear

[sentimentrules] 22/3/2020 22:24

Yes absolutely. Once they hit storage capacity they would be paying customers to store it lol

[marie1980_m] 22/3/2020 22:23

Crude could actually go sub zero

—- lol what a timing. I just read that aramco actually can pay money to whoever hold oil in their reserve so true oil negative hahaha

Love this

[sentimentrules] 22/3/2020 22:22

I think the money spent by govs today, they hope is recouped by forecasted QE etc not being required later

[sentimentrules] 22/3/2020 22:21

In fact looks likely

[sentimentrules] 22/3/2020 22:18

As bearish as I was on west Texas intermediate. .never thought sub 20 pb was possible at the time

Crude could actually go sub zero

[sentimentrules] 22/3/2020 22:14

Just think shutting it down before 15000 or ftse 4000 would be a bad idea

I know there is nothing to do but sell

But they have to let it reset back to pre full QE/in rate market false creation levels

It's the only way now to normalize rates and not need QE down the road

[marie1980_m] 22/3/2020 22:13

market shutdown gives me hitter to short more.

Else this is perfect situation mint some money.

Having said that Gold long no brainer.

Tomorrow morning I will open ETF position in long

[marie1980_m] 22/3/2020 22:12

Yeah SR. Lock it.

My target is 15k dow

And I’ve strong feelings they will shut down the market sooner rather than latter

[sentimentrules] 22/3/2020 22:10

All down a fair whack. Another -1000+ day for Dow ?

[marie1980_m] 22/3/2020 22:07

Lock limit down lol

Market future hardly opened ;-)

[marie1980_m] 22/3/2020 22:05

Lol Kathy... chatting with filtered person lol


Anyway,

Dow futures 5%
FTSE 7%

Expect carnage..

Now is the perfect time to top up Godl

I can see 2008 pattern for gold