Man vs. Machine (and GS)
So, Tungstenman Sachs comes out this morning with a sell-side memo saying Brent should go to $105. All hell breaks loose.
Why would GS do such a thing? My guess is…with May crude options expiry coming up on Thursday, GS needed to break free of a significant short position in calls. I guess we now know why crude was down so heavy yesterday, too. GS undoubtedly gave some of their “best clients” a little advance notice of their intentions. In the end, all this does is create a buying opportunity. Ask yourself, are peace and stability suddenly breaking out all over The Middle East and North Africa? No…not so much.
To that end and to raise cash, I sold some May $40 silver calls and bought some June $110 crude calls about 15 minutes ago. I missed the dip to my 1445 price in gold, however. I am hoping with crossed fingers that I’ll get another shot. I’m in with a limit order, trying to buy some June 1450s.
Anyway, here’s your WTI chart:
And then the machines kick in and crush gold along with it. Yes, this makes sense only if you’re a mindless algo hedgie:
Silver refuses to buckle which is very encouraging. As I type, its back UP to 40.27. Gold is now $10 off its lows too which means I’m probably not going not get filled on my 1450s. Nuts. The HUI got under 580 which means its correction has now run its course.
Keep the faith. Buy the next dip. TF
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Lion’s Mane Mushroom
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes:
Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.
Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.
Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.
Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.
Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules. Today Be 100% Satisfied Or Receive A Full Money Back Guarantee Order Yours Today By Following This Link.
| Online: | |
| Visits: | 1,609,395,952 |
| Stories: | 8,167,713 |
Whistler Blowers, Insiders
