Billionaires should not exist.
The whales made a splash on Monday and opened 171 contracts for 855,000 oz. That puts January net new contracts far over trend and the highest month in recent memory at this point in the contract life. See the plot below for all the recent non-active months.
You may recall that we saw a surge in buying in the November contract between days 11 and 16 where 550 contracts were added. We've seen that same increase in the last 4 trading days on the January contract but this time it has occurred early in the contract life cycle. Some follow through from here would be good to see. These day-to-day buys are a good measure of instantaneous demand.
Today's volume was a not-too-shabby 155 contracts. We can hope most of that results in new contracts.
To remind you... longs entering at this time are almost always looking to take delivery. Trading contracts in a low liquidity market isn't usually a good strategy so the traders won't deal with the low volume associated with the last couple of weeks on a contract. Paper traders will be dealing with the March or May contracts at this time.
https://preview.redd.it/3zf6abvgd4b81.png?width=787&format=png&auto=webp&s=cd1bcd9a4da23b16c3614c78c3c6175b0ca2c551
So who is buying? Based on this morning's issues and stops report, BofA stopped (bought) 139 contracts. JP Morgan customers were the sellers. BofA has bought 1,274 of the 2,151 contracts so far in January. That's 6.4 million oz so they are on their way to re-buying the 22 million oz they sold in December.
JP Morgan customers have issued (sold) 1,909 of the contracts so far this month. I would NEVER speculate that JP Morgan (the bank) was working with their clients to re-supply BofA after BofA took the bullet to defend fiat last month. I didn't do any stats yet, but it sure seems like there are few players involved this month ... mostly BofA and JP Morgan customer account(s).
https://preview.redd.it/61rjd5c8h4b81.png?width=619&format=png&auto=webp&s=96c146d0fef591c9e4bd3f59ef43597bf373b936
About a week ago I wrote how December was one of the biggest transfers of silver from bullion banks to non-bullion banks in history. This month, a less active month, is seeing some of that metal go back toward BofA.
BofA has been a big buyer of gold so far in January too. They have bought 840 of the 1,521 contracts transacted so far in January. Same song there ... JP Morgan customers are the sellers.
Back to the January silver contract ... I usually
... keep reading on reddit ➡Correction: FIVE game winning streak
What??
https://twitter.com/ChadBrendel/status/1467311165680271360?s=20
27-0 as the starting QB. From my initial research, this is the best home record of any QB in the history of college football.
Jalen Hurts was 26-0 at home (including both OU/Bama)
What would happen if the worst record team was eliminated at the end of every season?
Rules are simple:
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Starting in 1991, the team with the least number of wins are eliminated and wiped from history.
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If there is a tie, the tiebreaker will be the two teams' head-to-head record that season. If none exists, we go back to the previous season, and keep going until there is a victor.
So, I will preface this by saying that I'm bad at math and I didn't count seasons correctly, so this takes place between the seasons of 1991 and 2019. I also could have really messed up win totals and eliminated the wrong team but I don't care at this point.
Here we go.
In an unprecedented move, the commissioner decrees that starting this season, the seasons biggest loser will be eliminated from the league and our hearts.
1991: With 57 wins, the Indians have been eliminated. The world will never experience the powerhouse known as the Guardians 30 years later.
1992: In a move that probably wasn't surprising at the time then, but may be a shocker to the younger fans, the Dodgers have been eliminated with 63 wins.
1993: With 59 wins, the Mets are eliminated and Bobby Bonilla's contract is voided. RIP Bobby Bonilla Day.
1994: Due to the strike, there is no elimination this season. Instead, two teams will be eliminated next season.
1995: In a twin elimination with 56 wins, the Twins and the Blue Jays have been eliminated. Doesn't look good for Bichette, Vladdy Jr, and Biggio. Will someone think of the children?
1996: With a paltry 53 wins, the Tigers have been eliminated. Somewhere, Jim Joyce breathes a sigh of relief, knowing his infamous moment will never come to pass.
1997: The Athletics can only muster 65 wins and will cease to exist. It's not that hard to not get eliminated. Tell 'em Wash.
1998: One short season after winning it all, the Marlins lose it all, with 54 wins. The world will never gaze upon the Home Run Sculpture. Win for some, pain for others.
1999: With the Marlins and Twins already gone, the Royals are eliminated as George Brett takes the best double tapered shit of his life.
2000: We have our first tiebreaker between the Phillies and the Cubs, both with 65 wins. The Cubs own a 6-3 record against the Phils, and therefore, the Phillies are eliminated.
2001: We have another tie between the Devil Rays and the Pirates. They didn't have a matchup this season, and may
... keep reading on reddit ➡
Just what the title says. After a piece ends, I want some silent minutes to enjoy and appreciate the aftertaste of the music. And then the loud applause comes and I have to be alert to shut down the player before that. If I was a record studio, I would never include applause. Heck, even sneezing and cough during the playing doesn't annoy me that much. Just venting here, thank you for listening :)
Hello, r/NewTubers
You guys might have remembered me from this [post]. So, the title has summed did up. I tried to record my voice, and I was super duper Poor at it! Here is a sample of my voice [Link]. I Thought speeding up the audio would help it, but it just made it a little bearable to listen to. Bearly.
Should I use a TTS? Or should I make videos with just text below them?
Any suggestion/advice would be great! I will be grateful.
Before the season I said we would go 50-32. I now think we will go 67-15.
