Dan Brennan

@simonsarris The S&P 500 index has (gradually, then) suddenly turned into the Overlord of the United States of America.

@allanbreports Poland for one

@DBclouds99 Which ones?

Paper market has control of gold and silver prices for a couple days, that won't last long because the drivers of gold bull are getting much stronger rapidly.

@KYRRadio I was talking specifically gold miner margins

@DBclouds99 Certainly a depressant and a big tax on consumers. This market refuses to price it

Gold miners also look like they’re getting close to nibble territory again. No reco. Does feel like a pretty good spot for gold to retest 4000, though. Always better to wish you had bought more

@Stockspy1 Damn man that was a ballsy buy btw. We’ll see

welp.. jumped the gun buying $GDXU that's ok.. just going to hold that at $155 for a week and see where we close

@crossbordercap @TgMacro @dailydirtnap KWEB looks like death, Michael (!)

Thanks to @TgMacro and @dailydirtnap for this great opportunity

Silver $SLV buyers of 1600 March 2027 $63 calls at $14.65. Also 4500 January $57 puts sell to open $7.65 to $7.50

@jtourzan Their margins are now f*cked. Not gonna happen. #oil

Great day to do some buybacks if you are a gold company.

@Scott_Reardon_ Thanks again

@DBclouds99 I like oil the best.

@Scott_Reardon_ Scott i see your oil ratio call is gettin rockin' impressive stuff. still think gold miners can make new highs? or is that toast (was a great call too) thanks!

@Scott_Reardon_ Any favorite commodities here? Thanks again, sorry for the Qs

@DBclouds99 Not sure. I'm not betting on a higher gold price right now. Gold is so expensive compared to pretty much every other commodity that I'd rather bet on those.

@Scott_Reardon_ what gold price could offset these energy costs in your opinion?

@DBclouds99 Hi Dan, we'll see how the oil stuff plays out. Certainly some interesting possibilities here. I'm waiting to get back into the gold miners because any sustained higher energy prices just crushes their margins. Am hoping in a year or two, the damage is done and can buy.

@tdarling1 is that a golf hole? nice!

The time has come for $GOLD 🕳️

@RelSentTech have to think US turns on QE again here soon. thanks Ray. can't wait for your note Monday morn. thanks again.

The tell will be what the CoT shows tomorrow. If institutions were buying and retail selling (either gold or silver) that would be a positive development. If Smart Money continues to sell dollar as they have the past three weeks, that also would be a good sign. If they weren't buying gold and silver, that would be a bad sign. Longer-term, we are in a secular bull market in commodities and precious metals, so hard to see precious metals not going much higher. How can the U.S. fiscal situation withstand stronger dollar and positive real interest rates? It can't. Fed may ultimately have to implement yield-curve control, at which point real assets will be the place to be.

@RelSentTech ok rya, what you thinking with the Gold? toast for a while? or retail dumping it all, and 'tutions picking it up? (been reading CBs dumping to fund themselves so i think gold is screwed for a while(?)) thanks as always

RT @SethCL: The dreaded Double-TOP $GLD vs $SPX Reflation, Middle East war, surging commodity prices, equity/crypto prices falling and Go…

@sp3cul8r right, thanks

@DBclouds99 Largest U.S. gold miner with new lower cost assets like Ahafo North. Have a chance to get the stock 30% or more off its highs.

Gold #Gold down -$240. Watch for a sizable bounce soon. $NEM might be interesting

give it up for @TiltFolio for his long term in/out on $GLD, yall. impressive. #GOLD

@DVSignals what woudl be the "catalyst" for a low in first hours of trading? not seeing one here...

$SILVER To those in the thread saying the breakdown has failed: take another look. It is holding so far. I’ll go out on a limb here - and obviously, as always, I can, will, and have been wrong - but my primary remains that the low gets set in the first hour or two of trading, when a lot of people unfortunately panic-sell, and then we likely get a rebound from there. But that would still be a bounce, not a trend change. I am still expecting 72 or lower by quarter-end, which in this case also means month-end.