Comments
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EHWhat’s Michael’s view today? Gold meaningfully higher ($1550) than his interview date and silver still only in the $17s....Why has it lagged? G/S ratio continues to hit new highs...
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CHAnother wrong silver call... Add this bloke to the list, its getting long.
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DYAnother WRONG idea from RV! Just total screw up from RV for commodities! Just stop doing this bull sh!t!!!!!!!
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JLI'd love to see a full interview Purves about his background, strategies, etc. He's an excellent trader that doesn't get emotional or married to positions.
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DYGoing long Silver and Gold would be indeed a steal :))) given it only went down and would lose money so far. The interviewer should have asked him why or how he discounts the effect of interest rates in US and subsequent affect of the US Dollar and Fed rates. The CFTC positioning was indeed suggesting a possible breakout of the price higher. Reality is this did not and does not happen.