Looking Forward (and Glancing Behind While Doing So)

Last year on 29th September I made a blog post entitled Gold & Politics & Being a Tracker.

In it I looked at many cycles that are present in the price of gold, and compared some of them with the length of tenure of different political groupings, like Presidents, Congressional tenure, and so on. I used cycle finding software to produce the charts which supported the blog essay. But usually I don't use such an approach for trading as it is more general rather than detailed in it's conclusions. But we all live in hope, so how did those charts work out now we are 7 1/2 months further on in the passage of time?

So I thought that this might be a good time to look back and review.

Here is the final chart from that post in 2013:

So what does this look like now? Was that post a prescient forecast to be proud of, or was it a howler to forget as soon as possible, and skulk away into the shadows until the hue and cry fades?

Well, sort of middling I would say.

Here is the up to date gold price chart, laid on top of the above chart from September 2013:

I hope that readers can, with the help of this review, make more informed judgments of the usefulness, and error proneness, of this kind of approach.

My comment is that the second low, the low at end of 2013, was lower than predicted, and therefore the forecast was/is too bullish. The next low can reasonably be expected to be lower than the prediction too. That suggests that the underlying longer term cycles, or long term trend is still down, or sideways and while is may be bottoming now, it has not yet been observed to have done so.

The shorter term swings turned out fairly well. But watch out, the lows rising like that looks too bullish. Timing of the lows so far was good.

The usual futures trading disclaimer contains a clause to the effect that past performance is no indicator of future performance, and there is truth in that. Good approaches come and then fade away. But the entire investment industry uses methods based upon past success to go forwards into the unknown future, and this is how the learning process works, past experience hopefully gives some insight. Anyway financial cycles are deeply tied up in this matter obviously, so all the usual disclaimers have a wisdom in their application.

I remind readers that every single cycle found by automated methods, I had adjusted and "changed" using my own knowledge so as to better match reality. I don't advise relying blindly on these cycle software algorithms without having some background ways to detect their weaknesses and reduce their effect upon results. That's not saying they are useless, because as can be seen above, they have great utility up to a point.

Good luck with your trades

Argentus Maximus

The author posts daily commentary on the gold and silver markets in the TFMR forum: The Setup For The Big Trade. More information about the author & his work can be found here: RhythmNPrice.

67 Comments

Turd Ferguson's picture

Thanks for the update, AM.

MODERATOR

Thanks for the update, AM. Good stuff!

argentus maximus's picture

I'll do a new fresh analysis,

I'll do a new fresh analysis, ie similar approach working forwards, soon. But it seemed a good idea to record the follow through of the last version before doing that.

Silverwing's picture

Paul Craig Roberts last post

Defense of the US Constitution from enemies ”foreign and domestic.”

http://www.paulcraigroberts.org/2014/05/19/militarist-bunkum-paul-craig-roberts/

treefrog's picture

furth

furthur

Bollocks's picture

cripes

Balkan floods: 'Quarter of Bosnia' without clean water

Mechanical diggers clean streets in village of Topcic Polje, damaged in a landslide, near Bosnian town of Zenica. 19 May 2014
Heavy machinery is clearing streets in Topcic, near the Bosnian town of Zenica, after a landslide

About a quarter of Bosnia-Hercegovina's four million people are without clean water after the worst flooding since modern records began, the foreign minister has said.

Zlatko Lagumdzija said the destruction was "terrifying" and compared it to Bosnia's 1992-95 war.

At least 35 people have died in Serbia and Bosnia in flooding caused by unprecedented torrential rain.

More victims are expected to be found as the waters recede.

"The consequences of the floods are terrifying," Mr Lagumdzija told a news conference.

"The physical destruction is not less than the destruction caused by the war."

He said more than 100,000 houses and other buildings were no longer usable and the road infrastructure was badly damaged.

He also said there had been about 2,000 landslides, some of which were on minefields left over from the war. Nearly 120,000 unexploded landmines remain in more than 9,400 carefully marked minefields.

Military amphibious vehicle in Obrenovac, south-west of Belgrade, Serbia. 19 May 2014
This military amphibious vehicle was patrolling the streets in Obrenovac, south-west of Belgrade, Serbia

But the weather has dislodged warning signs and in many cases loosened the mines themselves.

"During the war many people lost everything. Today, again they have nothing," Mr Lagumdzija said.

Bosnian civil defence officials said as many as 500,000 people had been evacuated or left their homes.

Rescue helicopters from the European Union, the US and Russia have helped evacuate people from affected areas.

more: http://www.bbc.co.uk/news/world-europe-27477593

edit: see a 40 second video clip of the devastation here:

http://www.democracynow.org/2014/5/19/headlines#5191

 

Mr. Fix's picture

I still don't think there is anything cyclical about this.

This time “it is different”. To make a long story short, we are still range bound until an economic Armageddon says otherwise. The crash is way past due, but who knows how long they can keep this illusion alive.

Do your own due diligence, and prepare accordingly.

Orange's picture

Bix Weir email

So the mystery deepens on why my interview with the History Channel about the conspiracy at the DTCC was not aired this weekend. It was scheduled to be broadcast on Saturday 5/17 during the show America's Book of Secrets: Secret Underground but the segment was removed without explanation. I had confirmed with my contact at the production company just two weeks prior and he said that it would be aired on Saturday...but nothing.

On Sunday morning I sent him an email and it was returned:

 

"The person you are trying to reach is no longer with Prometheus Studios."

Hmm. I have reached out to a few of my other contacts at the studio but have yet to hear back. Yes, it's easy to run with the Conspiracy angle on this one...."Conspiracy at the Conspiracy Show"!

Truthfully, I was surprised they even thought about broadcasting what I had talked about as it has ramifications to every part of our global electronic financial system.

Here's the guts of what I covered in the interview:

1) What is the DTCC and why is it so secretive and important?

2) How can the DTCC process and clear the billions of High Frequency Trades that happen in milliseconds every day?

3) Why are there over 300 Million stock trades that occur every day that are never processed or delivered?

4) How many phoney and duplicate stock certificates of mining companies are there at the DTCC?

5) What happened to the $36T worth of paper securities that were submerged underwater during Hurricane Sandy?

6) Why were all the gold and silver swap contracts transferred to the vault at 55 Water Street just weeks before it was flooded?

7) How did a huge fire erupt in the DTCC vault basement just after all the water was pumped out? 

8) Why was ex-CFTC Commissioner Michael Dunn (who argued against Dodd-Frank  Swap Regulations) put in charge of the DTCC Vault just months before it flooded?

9) Why does the DTCC hold legal title to all stocks, corporate and muni bonds, physical bearer bonds and even derivative contracts under the nominee name "CEDE & Company"?

10) If the government, Federal Reserve, exchanges and banks don't own the DTCC...who does?

11) Why does the DTCC hold legal title to 99% of all mortgages in the world? (even yours!) 

12)  What are the ramifications of the DTCC (and their bankruptcy remote entity "CEDE & Company") owning legal title to 99% of all financial instruments in the world?

END

The interview lasted over 3 hours and by the end even the camera crew were ready to run to their bank and withdraw their money from the system!!

I will have some followup interviews over next few weeks on the subject that will hopefully be aired on the social media but for now it looks like even the Mainstream Conspiracy Channels find the DTCC topic too hot to handle.

Just another day in the battle to FIND THE TRUTH!

May the Road you choose be the Right Road.

Bix Weir

www.RoadtoRoota.com

For more articles I've written about the DTCC just follow this link:

http://www.roadtoroota.com/public/programs/search.cfm?searchquery=DTCC&areas=all&department_select=all&sort_by=date

achmachat's picture

Re: Bix's interview

“To learn who rules over you, simply find out who you are not allowed to criticize.”

― Voltaire

Orange's picture

I have the answer

Must be obummer. Didn't he say this several years ago. Any normal employee would have been fired for not fixing it back then.

Obama 'madder than hell' over veterans issues, aide says

Edit, perhaps an a2a with Bix on the subject

Spartacus Rex's picture

Whoaa there, "Silverwing".... (PCR's "last" post)

You had me going there for a second. Here, try using the word "latest",  in your vocabulary when it is called for.  I was like, Why WTH just happened?, or were you attempting to make some prediction there Silverwing?

Spartacus Rex's picture

Gee, Banksters' campaign donations @ work as ususal....

No liability for BofA for allegedly concealing $10 billion AIG case:

http://finance.yahoo.com/news/no-liability-bofa-allegedly-concealing-151659045.html 

Silverwing's picture

Ooopsss I mean LATEST post, sorry could not edit.

Spartacus Rex on May 19, 2014 - 3:39pm.

( English is not my usual language so please forgive me for your stress , again SORRY )

Paul Craig Roberts latest post

Submitted by Silverwing on May 19, 2014 - 12:14pm.

Re:

http://www.paulcraigroberts.org/2014/05/19/militarist-bunkum-paul-craig-roberts/

Markedtofuture's picture

ECB Member Banks Confirm That Gold Is Manipulated

19 May 2014 – ECB and other central banks announce the fourth Central Bank Gold Agreement

The European Central Bank, theNationale Bank vanBelgië/BanqueNationale de Belgique, the DeutscheBundesbank,EestiPank, the Central Bank of Ireland, the Bank of Greece, the Banco deEspaña, the Banque de France, the Banca d’Italia, the Central Bank of Cyprus,Latvijas Banka, the Banque centrale du Luxembourg, the Central Bank of Malta, DeNederlandsche Bank, theOesterreichischeNationalbank, the Banco de Portugal, BankaSlovenije,NárodnábankaSlovenska,SuomenPankki – Finlands Bank,SverigesRiksbank and the Swiss National Bank today announce the fourth Central Bank Gold Agreement (CBGA).In the interest of clarifying their intentions with respect to their gold holdings, the signatories of the fourthCBGA issue the following statement:

 

  • Gold remains an important element of global monetary reserves;

The signatories will continue to coordinate their gold transactions so as to avoid market disturbances;

The signatories note that, currently, they do not have any plans to sell significant amounts of gold;

This agreement, which applies as of 27 September 2014, following the expiry of the current agreement, will be reviewed after five years.

 

 

Here is the press release directly from the ECB website:  ECB’s Fourth Central Banks Gold Agreement

Any questions there?  Anyone see a conspiracy theory?  Anyone who now states that the western Central Banks do not manipulate the gold market is one of three things:

1)  a psychopathic liar

2)  tragically stupid

3)  retarded

What’s more interesting that the acknowledgement of market-rigging – because we already new that ad nauseum, is outright statement that refers to gold as a “monetary reserve.” Means that the ECB and its member banks regard gold as much more than just the “asset” which is held “out of tradition,” which Bernanke stated under oath in front of Congress.

Circling back to my 3 points of conclusion just above, you can decide which one applies to Bernanke…

http://investmentresearchdynamics.com/ecb-member-banks-confirm-that-gold-is-manipulated-by-central-banks/

metalsbyamile's picture

Can we just make some money

Buy the miners,just not yet. We have heard the same mantra-Buy the miners' since $1500.

We have heard stack stack stack from $1400. The multitude of gold bulls are perplexed as to why these two keep dropping, bullion and their shares.FORGET THE WHY!

Who cares why. It is the when as many who have felt the pain can clearly see-now.

The when is coming in late June or July.

Buy the when not the why. You will never know the reality of why until after the when.

Bollocks's picture

Some major outages in the uk recently...

I use British Telecom as my ISP, and have just checked out downtimes as I've noticed my connection has dropped out many times in the last few days.

I also noticed that ebay has gone offline in the uk a couple of times over the last few days and it's been down just now - for nearly an hour - before going back up.

Check out the downtime charts for ebay and BT and some other UK ISP's...

http://downdetector.co.uk/problems/bt-british-telecom

http://downdetector.co.uk/problems/ebay

http://downdetector.co.uk/problems/o2

http://downdetector.co.uk/problems/orange

E-bay archive: Look how much it's gone down this year, compared with previous months back to August 2013:

http://downdetector.co.uk/problems/ebay/archive

ebay will have hundreds (maybe thousands?) of servers in the uk to spread the load and re-direct a connection if one can't be connected-to. That none can be connected-to is unusual.

Ok, probably just them space aliens again. Silly me.
 

metalsbyamile's picture

This is not good

for the usa's of the world. This is going to hurt,more and more.

The most successful effect of sanctions.

Russia-China ties at highest level in history – Putin
Published time: May 18, 2014 20:06 
Edited time: May 19, 2014 07:46

Russia-China cooperation has reached its highest level ever, Russian President Vladimir Putin has said in an interview with Chinese media on the eve of his visit to Shanghai, where a record package of documents is expected to be signed by the two nations.

Below is the full transcript of the Russian president’s interview with Chinese Central Television, Xinhua news agency, China News Service, The People’s Daily, China Radio International, and Phoenix Television.

Question: What are your expectations concerning the upcoming visit to China? What results do you expect from the Summit of the Conference on Interaction and Confidence Building Measures in Asia in Shanghai?

Vladimir Putin: I am always happy to visit hospitable China. It is a pleasure to see how our neighbour is transforming right before our eyes. Shanghai is a vivid illustration of this.

Establishing closer ties with the People’s Republic of China – our trusted friend – is Russia’s unconditional foreign policy priority.

Now Russia-China cooperation is advancing to a new stage of comprehensive partnership and strategic interaction. It would not be wrong to say that it has reached the highest level in all its centuries-long history.

http://rt.com/news/159804-putin-china-visit-interview/

metalsbyamile's picture

Going forward, a disaster in the making.

Gazprom to sign monumental gas deal with China
Published time: May 19, 2014 08:48 
Edited time: May 19, 2014 15:52

Russia and China are due to sign a long-awaited gas contract on Tuesday, in which Beijing could pay up to $456 billion for Russian gas over the next 30 years.

While Russian President Vladimir Putin visits Shanghai on May 20-21, Gazprom and the China National Petroleum Corporation (CNPC) are due to sign a deal for 38 billion cubic meters of natural gas to power China’s growing economy, starting in 2018.

clip_image002

http://rt.com/business/159880-gazprom-china-russia-cnpc/

Bollocks's picture

MH-370

Former Prime Minister Of Malaysia Accuses CIA Of Covering Up MH-370 Disappearance

It has been over two months since Malaysian flight MH-370 disappeared and still not a single credible trace of its final resting place has been found.

In the ongoing din over the confusion surrounding the recovery effort which has led nowhere, even the current Malaysian Prime Minister Najib Razak recently described the current rescue effort driven by satellite data of the suggested "location" of purported MH370 debris in the Indian Ocean as 'bizarre' and 'hard to believe'. Further, he told CNN when discussing the satellite data which is the basis for the current search in the Indian Ocean that 'To be honest, I found it hard to believe.... It's a bizarre scenario which none of us could have contemplated so that's why when I met the team...of foremost experts in aviation industry I asked them again and again "are you sure?"

In short: "nobody knows." Or so the conventional wisdom goes.

One person, however, who thinks someone may know more than they are letting on is none other than the man who was the Prime Minister of Malaysia from 1981 to 2003, Mahathir Mohamad, and who in a blog post earlier today has some rather provocative questions and thoughts.

In his article, titled appropriately "What goes up must come down", the former PM argues that flight did not crash and its current whereabouts may be know to the Central Intelligence Agency and the Boeing aircraft company: "It is a waste of time and money to look for debris or oil slick or to listen for “pings” from the black box. This is most likely not an ordinary crash after fuel was exhausted. The plane is somewhere, maybe without MAS markings."

But far more provocatively, and daring to utter a three letter acronym few others do, Mahathir said the plane could have been switched onto autopilot remotely by the CIA if it had been hijacked, citing a reference which claims that "The ‘uninterruptible’ autopilot would be activated – either by pilot, by on board sensors, or even remotely by radio or satellite links by government agencies like the Central Intelligence Agency, if terrorists attempt to gain control of the flight deck."

Mahatir goes back to day one, when the first disclosure surrounding the fateful flight were made, and when it was clear that the pilot, for whatever reason, purposefully shut down the communication system. "The system must have been disabled or else the ground station could have called the plane."

So putting two and two together, the former PM, who believes that "it is not fair that MAS and Malaysia should take the blame" concludes that "someone is hiding something."

His hope:

For some reason the media will not print anything that involves Boeing or the CIA. I hope my readers will read this.

More: http://www.zerohedge.com/news/2014-05-19/former-prime-minister-malaysia-accuses-cia-covering-mh-370-disappearance

Safety Dan's picture

“8 classifications of zombies.”

"She told me that she’s “stocked up” and that anyone who isn’t will be what the government is now classifying as “zombies.”  

http://blog.milesfranklin.com/gold-and-silver-are-not-a-religion-they-are-tools

DayStar's picture

Harvey's Up! (TFMR)

Harvey's Up!   http://www.tfmetalsreport.com/comment/406609#comment-406609

  • Koos Jansen: First your weekly totals for gold withdrawals (equals demand) from the Shanghai gold exchange: 28 metric tonnes. This represents 4.00 tonnes of gold per day on a 7 day week. The world produces 2200 tonnes annually ex China ex Russia or 6.02 tonnes every single day. Also remember that London is slowing down in its supply of gold to China. The only other source is the Federal Reserve Bank of New York where the Americans are stealing other nations gold and sending this off to China. Once China no longer receives any gold, the game basically ends!! Second: Premiums for silver at Shanghai is 5.7% or around 1.20 USA. Generally this is the rate that investors are paying for silver i.e. spot plus $1.20 per oz. Third: silver is in backwardation on the Shanghai Futures all the way to April 2105. Fourth: Chinese real estate as we have been pointing out to you lately has been crumbling. Koos Jansen is even witnessing settling real estate debts with silver. In Ordos, Mongolia, a man uses silver objects worth of 500,000 yuan (US$80,000) to pay off at least 1 million yuan (US$160,000) in debt. This can only mean two things. Or the debt is actually worth less than half it’s value (oops), or silver is actually worth more than double it’s value (oops). For sure the Chinese, at least in this area, are starting to use precious metals to settle debt and as a currency.
  • Mark O’Byrne: Gold moved higher today in euros, pounds and dollars after the ECB and 21 other central banks announced a new gold agreement. The new agreement was expected but the timing was unexpected as the last agreement was not due to expire until September 27. They announced they have no plans to sell significant quantities of gold and reaffirmed the importance of gold bullion as a monetary reserve. The participants currently have no plans to sell any substantial quantities of their gold which totals 10,779.3 tonnes. 
  • Bill Holter: While riding I came across a woman who I've seen before and spoken to but pretty much just to say hello to on the side of a dirt road. She offered water for my horse and we began to talk. It turns out that she is a federal employee and had just returned from a big meeting. Naturally knowing that she is a federal employee I was cautious with my words (sad that it has to be this way) but I asked a few "big picture" questions just to see where she stood, and boy did I find out! Once she got rolling in the conversation I asked her why the USDA needed to buy huge amounts of ammo and even ballistic body armor? She said, "Oh, there's not much to that. It's because they have had landowners refuse inspections at gunpoint." But then it got really interesting. She told me that she's "stocked up" and that anyone who isn't will be what the government is now classifying as "zombies." No kidding, before riding this morning my wife told me that Yahoo did a story on the government's "8 classifications of zombies." She knows that they know! She is prepared even down to having extra dog food for at least 6 months. 
  • Harvey: Today our bankers again decided it was necessary to keep gold and silver under wraps as they seem loathe to let gold rise above the 1300 dollar mark and silver over 20.00. Tonight, the GLD reported that today we had no change of inventory gold at the GLD. In silver, we also had no change in inventory at the SLV. Tomorrow, Putin visits China set to sign the huge "holy grail" deal. This will be the start of the huge waterfall in the USA dollar. This weekend, we are witnessing turmoil on a second front. This time China and Viet Nam are at loggerheads. Koos Jansen has given his commentary over the weekend, on gold demand (gold withdrawals from SGE) and the totals for the week were 28 tonnes or 4.00 tonnes per day on a 7 day week. Jansen has stated last week that the gold coming from England has slowed dramatically these past 5 months, yet China is still receiving the gold that is requires as you can see from the data. It seems that the last supplies for gold into China is coming from the FRBNY (gold belonging to other nations). 
  • Alasdair Macleod: Using technical analysis with the false comfort of stop-losses leads to more profits for market-makers. Furthermore, gold's replacement as money by unstable national currencies makes economic and investment calculation for anything other than the shortest of timescales unreliable or even impossible. But then this point goes over the heads of the trend-followers as well as the fundamental question of value. Technical analysis is a tool for idle investors unwilling or unable to understand true value. It dominates price formation in western markets and distorts investor behaviour by exaggerating any natural bias towards trends. It is this band-wagon effect that is the root of trend-following's success, but also its ultimate weakness. A better strategy is to make the effort to value gold properly and then act accordingly.
  • Jim Rickards: He explains how an executive order raising the gold price to $7,000 will be the only way to break a deflationary downward spiral in the US if money printing reaches its limits and the Fed pulls back, as is happening this year. ‘The Federal Reserve could make this price stick by conducting open market operations…’ he says. ‘The purpose would not be to enrich gold holders but to reset general price levels… this kind of dollar devaluation against gold would quickly be reflected in higher dollar prices for everything else. $400 oil. ‘The world of $7,000 gold is also the world of $400 per-barrel oil and $100 per-ounce silver.
  • China began evacuating hundreds of its nationals from Vietnam (via at least 2 planes and 5 ships) as the anti-China protests have become increasingly deadly following Beijing's attempt to deploy an oil drill in Vietnamese dispuited waters. CHINA IS SENDING 5 SHIPS TO VIETNAM TO EVACUATE CHINESE. HUNDREDS OF VIETNAMESE SECURITY PERSONNEL MARSHALL IN CENTRAL HO CHI MINH CITY (Saigon). VIETNAM PRIME MINISTER ISSUES A DIRECTIVE TO PREVENT PROTESTS. The Vietnamese government takes action to prevent riots. Hundreds of police and security forces are in central Ho Chi Minh city and the Chinese consulate is under heavy guard. 
  • Ambrose Evans Pritchard (UKTelegraph): China is stockpiling oil for its strategic petroleum reserve at a record pace, intervening on a scale large enough to send a powerful pulse through the world crude market. The move comes as tensions mount in the South China Sea, and the West prepares possible oil sanctions against Russia over the crisis in Eastern Ukraine. Analysts believe China is quietly building up buffers against a possible spike in oil prices or disruptions in supply. The International Energy Agency (IEA) said in its latest monthly report that China imported 6.81m barrels a day in April, an all-time high. This is raising eyebrows since China’s economy has been slowing for months, with slump conditions in the steel industry and a sharp downturn in new construction. 
  • Zero Hedge: In the first case of its kind, US Attorney General Eric Holder has brought charges against five Chinese military officials on charges of economic espionage and other offenses related to computer hacking of US nuclear power, metals, and power industries. Five Chinese military officers have been charged by the U.S. with espionage. The Justice Department says China hackers penetrated U.S. companies. The DOJ says espionage targeted Westinghouse Electric, U.S. Steel, Alcoa, and Solarworld. Holder added that the "range of trade secrets and other sensitive business information stolen in this case is significant and demands an aggressive response." 

All this and more on...

The Harvey Report! sad

http://www.tfmetalsreport.com/comment/406609#comment-406609

DayStar

metalsbyamile's picture

Looking at it

The Hui over the last 3 months. Today shows a 3 month low. Why would you buy the miners now? We go lower, no evidence of a bottom as of yet. Listen, say and feel what you wish, Craig has been right to diss the miners as a buy. (I know he does not really diss them).Stacking is a sure bet.

"Silver continues to be mired in price controlled oblivion".

Chart forNYSE ARCA GOLD BUGS INDEX (^HUI)

metalsbyamile's picture

Attacking stephanie

The latest post in her thread,Check Your Chinese Privilege, has the individual attacking steph personally. I have reported it to the mods( my first ever). Although i belive in freedom of speech to attack some one for their views or beliefs is uncalled for-in my world, especially a lady.

I hope you will all report it as well.

stephanie's picture

@metalsbyamile - thank you

That post is really odd. The guy is somehow connecting me with Mr. Fix, XTY, and DPH, even though I wasn't even commenting much when XTY and DPH left. He's doing some crazy talk about my being a shill, which is an idea straight from DPH...who had the most bizarre paranoid theories about me going on. As you may be aware, it was DPH who was egging on Trader Dan recently in his attack against Turd. 

That poster may not realize I have admin privileges here - I am going to check his IP address and compare it to DPH's last IP address. Something is fishy. 

Thanks for the heads up...I had seen it and was going to check in on it, because it was very odd and out of left field.

Thank you!

metalsbyamile's picture

You know stephanie

when i visit some ones house i may argue with them about taking my shoes off but in the end, if they wish that i take them off i have a choice, do it or leave.

I truly hope you or Turd will remove that post. It adds nothing to TFMR, as a matter of fact i find it offensive for any woman that may visit here.

Again, we all rant and rave, but attacks ,unfounded and imo malicious, serve no purpose here.

Please Turd Delete that for the benefit of the great place you have created.

Spartacus Rex's picture

DPH? aka Trader Dan's Brown Noser in Chief?

DPH? Isn't that the character who has undergone repeated "identity" crisises herein, and most recently, posted under the Puckered Sphincter (P.S.) avatar? Apparently P.S., is still suffering mightily from blindly digesting Larry Edelson scat as gospel, thus predicting that Gold would be sub 1000 Clownbux and in the 800 range way back in January. 

Deaglán's picture

Oh dear

Ah come on, no need to turn this thread into a car crash too

stephanie's picture

@metalsbyamile - I'll leave that up to Turd

I actually was writing a long explanation when Turd got on the topic - Turd may choose to delete it. I felt it was high time the full story came out about DPH and his behavior. It is a shame - he has no idea how I used to be such a huge champion of him. DPH was originally very nice. But I think he has mental health problems. And I say that seriously. He got very paranoid and felt I was personally out to get him (when I was not) and then started telling people I was a shill. Well, you know what he's up to now - bashing Turd. And I'm definitely "against" him now. So he got his self-fulfilling prophecy.

I feel bad that I ever encouraged Turd to trust him...that's on me. I used to champion Eric O too. Boy was I wrong about those two. 

delacroix's picture

re: dph

It was starting to become tf&dph metals report. I dont miss the multi page regular postings he plastered this site with. I'm capable of locating information on my own. I don't need to be spoon fed. an occasional link to a cogent item, is one thing. he turned into poster gone wild.

Spartacus Rex's picture

So, Stephanie...

If I ask you a reasonable question, could you give me an honest answer? Thanks in advance & no pressure, sincerely.

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