Cartel Batting 0.666

The Bankers have reached their target.

39
Tue, Apr 23, 2019 - 10:27am

Today's price slam marks the sixth day in the past nine where the price of Comex Digital Gold has been suddenly and deliberately slammed at/near 8:30 EDT. We wrote about this last week and, unfortunately, we have to write about it again today.

Here's the post from last Tuesday and the post we wrote for Sprott later that morning. You might go back and review both:

And now, with another slam today, that began just a few minutes behind "schedule" at 8:39 EDT, here's an updated chart of the past 10 days. These are 10-minute price and volume periods. If you look closely, you might notice a pattern...

And so here we are...finally at the target The Banks have pushed toward since the afternoon of the 1oth...shortly after the release of the March FOMC minutes. The only bright side? Every day for the past week we've mentioned what should be solid support near $1270 and we've already bounced from that level today. In fact, if we look even closer, any additional Cartel smashes SHOULD be gobbled up by stout support anywhere between $1260 and $1270. This is KEY support so EXPECT The Banks to try to break it. However, I expect it to hold. We'll just have to see who wins...

And, unfortunately, our charts and discussion yesterday regarding Comex silver sure rang true. In yesterday's podcast, we gave you the chart below and mentioned that today would be an important day as price was once again squared up against The Banks' trendline.

The only bright side this morning? We've been mentioning that the next line of support would be $14.70 and that's almost precisely where today's slam bottomed.

So now we wait to see what happens next...though the most likely outcome is that The Banks will use that trendline to smash price all the way back down the $14.30 before it finally breaks and ends.

(THEM: Technical analysis is useless in a manipulated market.

ME: TFMR's "Manipulation Analysis" is helpful precisely because these markets are manipulated.)

And finally, there's a lot of Apologist talk today about gold dumping only after the POSX began to rally. The first question you should ask is...Did the POSX spike the other five days at 8:30 EDT? As you can see below, of the six days where CDG has been smashed at 8:30 EDT, only the 10th and today have seen significant POSX spikes at the same time...and the 10th was BEFORE the FOMC and the spike was simply a reaction to the release of the March CPI that morning.

But, whatever. With the POSX back at the critical 97.70 level, what happens next is far more important than what happened ten days ago.

OK, as I close, I've got $1270 and $14.76. Let's watch to see what happens next and then get back together for a podcast summary later today.

TF

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  39 Comments

indiana rod
Apr 23, 2019 - 10:41am

NW VIEW Sands of Time

I agree with a lot of NW VIEW except my planting is limited to tomatoes. The flavor of Indiana tomatoes is hard to beat.

My bug out is not a rural area but one of the lowest tax and safest communities in the U. S.

Every day I thank the Lord for all of my blessings. When you see all the trouble in the world, the price rigging game of metals isn't that big of a deal.

Hillsie
Apr 23, 2019 - 10:41am

Numero Uno

its been a while 😋

Slam away monkeys, must be getting close......

lakedweller2
Apr 23, 2019 - 10:44am

Fascist State

Looks like the Fed wants to increase buying the markets again. They probably want to buy commodities at artificially low prices. Another day of UnAmerican activities by your Federal Government.

Blackwatersailor
Apr 23, 2019 - 11:02am

Shallow Partial thought of the week

I've been thinking long about Assange and his predicament. Both the D and his second in command have both stated that Assange was being targeted unjustly. So why keep going after him... Especially after his own proctology exam by the Mueller team. I came to the realization that if the D pushed through the legal charges against "A" then he would get at least two things. All unreleased data on his most hated enemys the Clintons/cronies and a legal precedent against a publisher. This would allow him to go after all the news publishers that have been attacking him and of course all the people behind the publishers that are against him. I am unsure if D understands how that will destroy the republic he currently is leading. I'm not sure he cares. I believe he is very focused on getting them before they do the same to him.

Really does he have another choice?

lakedweller2
Apr 23, 2019 - 11:10am

Truth

Truth is a choice that politicians and bankers consider never to be an option.
gf Blackwatersailor
Apr 23, 2019 - 11:23am

partial thought of the week

Blackwatersailer:

However, I guess, if Assange were to be found innocent, Trump would get "all unreleased data on his most hated enemies the Clintons/cronies" and there would be no "legal precedent against a publisher." One can hope.

Angry Chef
Apr 23, 2019 - 11:24am

THE MUELLER CA-CA REPORT OMITS DETAILS OF ESPIONAGE

If you're interested in a somewhat detailed analysis of the Mueller Report try and find some tiome to listen to this. The second link is a lenthy written analysis of the same report that provides even more detail.

Pssst...it's the British and the Queen's Privy Council and all the traitors that work for her/them.

https://aim4truth.org/2019/04/19/gabriel-and-mckibben-analyze-the-muelle...

https://aim4truth.org/2019/04/21/the-mueller-ca-ca-report-omits-details-...

lakedweller2
Apr 23, 2019 - 11:31am

Read The Mueller Report

Don’t rely on someone else’s opinion of the facts. That is why we are in this mess. Read it yourself.
lakedweller2
Apr 23, 2019 - 11:39am

Irving IRVRF

Newmont buying in.
Joseph Warren
Apr 23, 2019 - 12:06pm

Today . . .

make it a point to discuss with friends, family, and acquaintances the fact that there are no real markets today. Talk to them about Comex Digital Gold and how a sh*tload of it (technical term) is regularly dumped over the space of a few minutes. Often at around the same time every day which indicates pretty convincingly that algos are programmed to do that very thing. It is obvious manipulation. Mention that the government ‘regulators’ don’t do squat and are likely part of the scam - no one is that clueless or stupid. Explain all this to them till you’re angry & worked up enough to actually be performing a pretty good rant.

See that look on their face ? It’s likely the blank look of incomprehension. They don’t know what the Heck you’re talking about. And some of them may even have a little bit of fear in their eyes. “Is this guy gonna go postal on me ?” could be in the back of their mind.

You've been into PMs for quite awhile and have already had the above conversation, several times ? So now you just don’t mention any of this to others because they just don’t get it and don’t want to hear about it ? Yep - been there, doing that.

So, I come to Turdville and talk with others who do get it. I rant a little and read other’s rants. This may not change the PM ‘prices’ (notice the quote marks), but it does help to know I’m not the only one going through this.

All the best to my fellow Turdites !,

- JW

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Forum Discussion

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