| Author |
 Replies: 37 / Views: 6,560 |
Page 3 of 3
|
|
|
|
Pillar of the Community
United States
7390 Posts |
They're being caution with the indication from the fed is my guess
|
|
Pillar of the Community
 United States
586 Posts |
I believe Banksters already knew what Fed was going to do; instead, it is Large Speculators who were cautious.
|
|
Pillar of the Community
United States
4333 Posts |
No worry of a rate hike.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
|
|
Pillar of the Community
United States
586 Posts |
Gold spot fell through the 1,140 support area; now sitting around 1,134. Price weakness will last for several weeks. Now you should understand why bullion dealers had so many promotions and specials during last week.  |
|
Pillar of the Community
Canada
2019 Posts |
Quote:
Now you should understand why bullion dealers had so many promotions and specials during last week. They have them every week... your point is?  |
|
Pillar of the Community
United States
586 Posts |
Gold is heading to below $1,000 in the next few months; according to weekly GLD chart. Buyers be warned. |
|
Pillar of the Community
Canada
2019 Posts |
Quote:
Gold is heading to below $1,000 in the next few months; according to weekly GLD chart.
Buyers be warned. Gold is heading up in the next few months, non gold buyers be warned Predictions are easy, being right is the hard part. |
|
Pillar of the Community
United States
586 Posts |
As expected, gold is down again below 1125 today. Why do I say "again"  It looks like GLD tested the upper edge of downtrend channel and headed down again. So funny that many perma bulls were excited about the "breakout", which didn't materialize. Perma Bulls have been wrong for three years and now they're desperate. I really hope your guys didn't listen to them and bought the breakout @ US$1,185 area. HEAD FAKE and then RUG PULLED. Deja Vu  |
|
Pillar of the Community
United States
586 Posts |
Following is an update to what happened in the past six weeks; based on gold futures report. And a possible path of gold price, for the rest of this year.  |
|
Pillar of the Community
Canada
2805 Posts |
|
|
Pillar of the Community
Canada
3692 Posts |
Diagonal lines, oh noes! Who drew this!
|
|
Pillar of the Community
Canada
2019 Posts |
Well, the point is, would you rather have "some" gold or no gold? I would rather have "some" gold then a bunch of charts that may or may not mean anything. Watch out for the start of hyperinflation!  Quote:
There are differences with today's situation. The globally interconnected economy and the world reserve currency are fundamentally different now vs then. The main message of the comparison, however, is this: monetary inflation results in price inflation and currency erosion. It starts slowly and is not visible for a long period of time; it accelerates and gets out of control "all of a sudden." http://saveyourassetsfirst.blogspot...flash_7.htmlEdited by Northerncoins
11/05/2015 05:40 am
|
|
Pillar of the Community
United States
586 Posts |
Weekly Gold Futures Report: http://www.cftc.gov/files/dea/cotar...lf110315.htmProducer and Swap dealer have been covering their short position by quite a bit; and of course this Friday they probably would have reduced their shorts even further. However, the Swap dealer's short-to-long ratio is still quite high; it will take several weeks for this ratio back to parity. Until then, buying physical is NOT recommended. |
|
Pillar of the Community
United States
7390 Posts |
Edited by Cascade
11/09/2015 2:43 pm
|
|
Pillar of the Community
United States
586 Posts |
Today's gold COT report showed that the recent selloff might have reached an end; since Banksters' are NET LONG on gold now. We're approaching an interim bottom; if not THE BOTTOM.
|
|
Page 3 of 3
|
Replies: 37 / Views: 6,560 |
Page 3 of 3
|
First Page
Previous Page
Posted 11/01/2015 09:08 am
