It will push past $90 before MCX opens on Monday, go get some sleep 
MCX opens Sunday… for budget.
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Ah Mcx too, cool
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11:30 to 12:am candle ended at $78
So technically there is upmove left for Sunday
IMHO we will see $90s by the time our market opens on Monday
Interesting video
AI talking head, but interesting content
BS though. Paper market controls physical… Not the other way around. $190 is also easily disproven:
https://sdbullion.com/1-oz-sd-bullion-proclaim-liberty-silver-bar at $93.8
https://www.apmex.com/product/27086/1-oz-silver-bar-apmex at $98
Silver is more committed and moves in a single direction. While it might rebounce, question is whether you can stay liquid. Market can stay irrational longer than you can stay liquid. But still at least hoping for a dead cat bounce till $100.
Got your answer?
Yeahhh. Kinda. Should have started with half your position size initially.
That’s what I do. If i am ready to put 10L in a stock, i start with 3 to 4 lakhs first. If it dips because of macro reason i add more. If it doesn’t, it’s fine. Obviously it can go either ways.
I bought silver bees yesterday at an avg of 301. Will hopefully get a chance to add more at 250 to 260 tomorrow at open. If I get, I will be back to 70 percent of my original qty. still got space for 30 percent more.
I’m pretty sure it is planned, but the data he’s showing doesn’t show his narrative.
- The low($78) was indeed the settlement price for futures contract. The settlement price is that exact time 1:24pm-1:25pm, where the low was formed, which does indicate “marking the close”.
- JPM “issued” means they were short and they agreed to provide the physical metal. It doesn’t mean they closed the position.
- “H” means house and “C” means client. It’s not JPM itself that provided the metal at 78. It’s one of their clients that provided the metal at 78 and the rest bought it
- Those who bought(“stopped”) were mostly "H"ouses in this instance.
- 633 isn’t a big number compared to the day before yesterday
If JPM did manipulate and they’re known to do that, it doesn’t show that here though, IMO.
ETF not traded today ?
LC due to margin situation… Tom +20% up maybe 
No prob. Buying in futures. Will convert to etf tomorrow.
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gold is melting , silver is tinting
Now analyst are telling gold target is 10k per gram -
gold price is no problem - these analyst is a big problem
The sheer audacity…lol.
MCX Gold seems to be severely underpriced compared to COMEX. At $4800/oz, it should come to 15000. Could someone tell me whether I made any mistake in calculations?
| Gold | – |
|---|---|
| Spot in $ (per troy oz) | 4,800.00 |
| CIF in dollars | 3.00 |
| 4,803.00 | |
| 32.1507 | |
| Dollars per kg | 154,419.81 |
| 995 prices | 153,663.08 |
| Currency Rate | 92.00 |
| Rs per kg | 14,137,003.30 |
| Customs duty | 848,220.20 |
| Cess | |
| Landed Cost per kg | 14,985,223.50 |
| Bank Cost(0.50%) | 74,926.12 |
| Final wholesale Price per kg | 15,060,149.62 |
| Final Price per 10 gms | 150,601.50 |
| MCX Price | 130,000.00 |
| Parity/(disparity) | 20,601.50 |
Link?
How do you know Gold is trading at 4800 in US. Market isn’t live. You can compare only when the market is live in both the places.
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While true, this is a discount of more than 13%
What if told gold opens 20 percent lower in USD.
Why do we not have 120000pe in goldm. Can’t find it. It’s there in gold 1kg wala
Unlikely. Isn’t it? Even with yesterday’s major crash in silver of 35%, gold only dropped 12%.
Margin calls are getting triggered. That’s why i am playing contra. More in gold than in silver.
I have now sold 140,000pe and 130,000pe. Not getting 120,000pe to sell. Anyways. Enough for today.