Turd for Nobel Prize in 2013

283
Fri, Oct 12, 2012 - 11:31am

I mean, why not? Plus, I could use the cash!

First, Al Freaking Gore wins the Peace Prize for...what exactly? And then O'Bottom wins it...why again did he win it? And now, the sanctimonious Nobel Committee awards the Peace Prize to...The European Union? WTF?!? Don't you have to be an individual to win? Is this what Alfred Nobel intended? "Let's just reward and congratulate ourselves on being such wonderful and peaceful bureaucrats!". Seriously? Seriously. Oh well, the EU does need the cash. So, the campaign starts today. Screw the presidency, I want The Prize!

TURD FOR NOBEL PRIZE IN 2013

https://online.wsj.com/article/SB10000872396390444799904578051960191363312.html

One group definitely NOT deserving of any prize is The Evil Empire and their willing accomplices at the Comex. We've now had to endure Comex-opening beatdowns on 8 of the last 10 days. This is unbelievable and unprecedented. I don't think I've ever printed so many 1-minute charts and, frankly, I'm sick of it. Here are just a few:

And here are the "bloody gloves" from today's crime scene:

If I sound frustrated, it's because I am. These Comex games are enough to drive you to drink. We here know that physical metal is your only financial protection and investors worldwide are fast coming to the same conclusion. Regardless, the phony-baloney Comex paper price is still manipulated for the benefit of a select few. Whatever. Screw 'em. They'll get their comeuppance soon enough.

In the bigger picture on the longer-term charts, you can clearly see that they are making very little, actual progress. In fact, the shorts appear to be playing a losing game here. EVERY attempt to jab price lower is being met with stiff demand, not further selling. EVENTUALLY (soon), longs will be emboldened and, once some resistance levels are breached, the recent shorts will be forced to cover.

For now, keep your eye on $33.60 silver as this level has been attacked repeatedly this week and has held each time. Should a rally develop later today or early next week, our target remains $34.35. As, above there, shorts will begin to get squeezed and face capitulation.

And gold is looking to put in a "bowl" or "cup" shaped bottom on these charts. I'm always fascinated by these patterns when they come together as, when they work out, they almost seem predesigned and predestined.

Just two bits of reading today. First, Detlev Schlichter has penned another beauty: https://detlevschlichter.com/2012/10/we-are-on-the-road-to-serfdom

And our pal, Paul Mylchreest, has written up another lengthy report. Great stuff, as usual, and he was even kind enough to include a reference to some of our work here.

TRR28

OK, that's all for now. Please check back later as I will try to post some thoughts on the CoT when it's released. It should be somewhat interesting as OI declined over the survey week and we'll get some idea of just who was selling/covering.

Have a great day!

TF

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  283 Comments

Eman Laer
Oct 12, 2012 - 1:16pm

My theory about Nobel

When O-bomber was awarded the Nobel peace prize before even taking office I came to the conclusion that Noble was trying to influence policy. Obama's saber rattling was clear throughout his 2008 campaign. By awarding the peace prize to him they put pressure on O to live up to the (bogus) promise of peace. Having the award draws more attention to O's war mongering. I think that was Nobel's goal.

The theory also fits this latest move with the EU. I think Nobel is saying that the EU leaders can do things to promote peace, and that they should. Awarding this prize draws attention to the failure of EU leaders. I think that's the whole point.

Edit: What is an alternative theory; that the people at Nobel are idiots? I think that's less likely than the idea that they're trying to influence politics.

tyberious
Oct 12, 2012 - 1:20pm

Maybe, just maybe

that why Obama didn't give a hoot about the debate. With a war there will either not be an election or he will be re-elected due to Commander in Chief satuts. I think the prospects are pretty grim, they (TPTB, UN and NATO) have been using Turkey to antagonize Syria, hoping for provocation. They need Syria out of the way, to deal with Hezbollah before they can touch Iran. The whole petrodollar scheme is quickly unraveling and not to mention China on the Eastern front!

Nukes for everybody! Got potassium iodide? Maybe Utah isnt that bad this time of year, I hear they have plenty of food.

Hawk
Oct 12, 2012 - 1:20pm

This is algorithms selling,

This is algorithms selling, not profit taking, in fact there has been very little profiting taking which is what causes real downward pressure, adding new shorts at key pivots usually works for them to draw in fresh shorting with them, but currently most are holding longs. Don't know what you are basing your assumptions on worldend666 i guess on TA only, as fundamentals have very drastically shifted in the Comex short boat. Many wont realize this and that is how the market will react contra to popular belief this time, as it always does.

COT report evidencing short of 57K for the commercials, a record. shows that this is shorting not long liquidation.

HAWK

Xeno
Oct 12, 2012 - 1:26pm

PrizeS

Yes, that's Turd for TWO Nobel Prizes.

The Nobel Peace Prize AND The Nobel Prize for Economics all because of his ginormous efforts in getting people educated and into precious metals BEFORE the great system reset. Thus saving millions from financial destruction and saving their savings through to the other side.

I hope the manipulation ends soon, I'm running out of popcorn. The only ammo they have is the fear factor.

SilverSurfers
Oct 12, 2012 - 1:30pm

you bet

right, pull the trigger at 1770, and now at 1760. never fails ...

....

.....

.....

to recover and go much much higher making the buy always a great one.

keep the faith ....

ag1969
Oct 12, 2012 - 1:35pm
worldend666
Oct 12, 2012 - 1:42pm

Hi Hawk The commercial shorts

Hi Hawk

The commercial shorts were written as the price was rising, probably as the other side of speculators buying futures. They were already hitting record numbers as gold was topping out at 1797.

SuperManny
Oct 12, 2012 - 1:43pm

New Low in Credibility

When they gave OBottom the Nobel Peace Prize I thought that really took the cake.

I was wrong!

"Reality is not only stranger than you imagine... it is stranger than you CAN imagine!"

Dyna mo hum
Oct 12, 2012 - 1:46pm

WW3

Here is a recent a piece from Debka err duh really the Mossad I think. https://www.youtube.com/watch?v=gKXqOsiH0WU&feature=player_detailpage

MissiondwellerTF
Oct 12, 2012 - 1:51pm

@Turd

Hope he's wrong too. I'm especially worried about the two amphibious ships because it indicates they are preparing for a "ground assault". Perhaps they are preparing, if they must, to put troops on the ground at those Iranian nuclear sites to insure they are destroyed.

I previously stated I thought it would be a limited (2-3 weeks) air war but this appears much more ominous.

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