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The setup for the big trade

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Mon, Jul 28, 2014 - 6:48am (Reply to #5931)
Solsson
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Ankeborg
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Thank you for the update

Thank you for the update AM!

It's fairly consistent with this little beauty:

I just love that spikey end :-)

My only "fear" is that the bear is superstrong and we end up with a bear that is the longest and deepest in history:

july24goldbears

That 1996-1999 bear looks nasty ... looking at the bright side, we are at least 4/5 into the bear already laugh

Mon, Jul 28, 2014 - 6:52am (Reply to #5931)
Solsson
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Ankeborg
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Thank you for the update

Sorry double post.

Mon, Jul 28, 2014 - 7:24am
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Markets and geopolitical news

Markets and geopolitical news flow are all analoges being played up an octave. I think it's Gann who talks alot about the octave. We are seeing a stretched octave or pseduo-octave. Newsflow is denser than anytime in my life. Can't keep up with newsflow. Israel, Hamas, Ukraine, Russia etc... and yet haven't seen the black cat pop into the matrix that indicates a turnaround. No news from BIS, IMF, FED that is any different than a month ago. So Solsson could be right, previous bear markets up an octave but you never know when all those resistance points on people's charts just go poof...disappear. Most people are moving them every week anyway.

Mon, Jul 28, 2014 - 1:50pm
Silverman
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8 hours slow stochastics

Monthly, weekly, daily slow stochastics still down. 8 hours of slow stochastics overbought and ready point down. Maybe this time gold will fall below 1280.

Tue, Jul 29, 2014 - 4:57pm (Reply to #5935)
Rui
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Silver in a downward channel for 3 weeks

Note that Silver led the way down in March and up in June. 

Wed, Jul 30, 2014 - 1:16am (Reply to #5934)
RockerBoxer
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The root note is still

The root note is still playing in my ear. Once an octave is played the root is cathedral.smiley

You know that from your flute playing.

Wed, Jul 30, 2014 - 2:35am
ivars
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Look its so simple.

Look its so simple. Rothshilds via China and own private gold reserves potentially in Hong Kong under Chinese protection hold USD( Rocks ) in a thread. They showed it in 2011 by moving gold price up to 1900. That was enough for ROCKS to understand they can not really fight this game, they have to agree to share reserve currency as opposed to trying to suppress competition. 

To launch Yuan as reserve currency and fasts, China needs markets within their monetary reserve curency printing which are relatively unburdened with loans, have good collateral ( resources/technology) and can not competitively opt for other (USD, EUR) finance. Which means Russia first hand, plus perhaps Central Asia and some Souht East Asia later. 

The critical job- under the threat of USD value collapse vs. gold under the agreement ITS USA (ROCKS) job to provide these borrowers for Roth coming second monetary Empire ( China). 

And that is EXACTLY what the USA is doing. Fighting and FINANCIAL sanctions send both capital ( Russians are moving it out of Europe USA) and debtors in need ( Russian enterprises) to into CHINAS CLAWS at rocket speed. 

China does not have to do much at this stage. The work is on the USA to reduce its own sphere of influence. Europe can not object due to military weakness and USA control over it. 

Gaza: Israeli (Roths) shelling leads to Anti- semitism in Europe. Jews as well will start to move assets out of Europe if things gets ( i think they will) dire. USG is not supporting ISRAEL fully. So assets may start leaving USA as well. Where to? Asia. 

So these are coordinated moves to both move capital to Roth control in Asia and create debtors with good collateral for coming Eastern Money Supply Empire. Roths are back, USA delivers the influence spheres, USD stays in one piece. Obama at helm, 2 more years of time as no one knows after such performance what the next elections may bring, but for sure USG needs to prepare for mass protests. China waits to get the promised delivery of Russia and capital. 

QED.

There is not much for gold IF USA plays as agreed and Roths does not have to pull the strings again. In principle, the price of gold shall by 60-70% represent Roth satisfaction with USA performance to develop second monetary Empire , reducing its own. COOL. If USA works as planned, I do not see gol,d above 1500-1600 in most critical moments of this story when USD may get weaker prior to stabilization at some parity with Yuan. Roths task is to see to that by selling gold USD does not collapse so that USA (Rocks) can control USA and Europe population. 

Any future development must involve changing something which people have never challenged up to the present,and which will not be shown up by an axiomatic formulation. P.A.M.Dirac
Wed, Jul 30, 2014 - 4:05am (Reply to #5938)
RockerBoxer
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Simple right?

Appenzeller Spitzhauben gold-schwarzgetupft, Landesgeflügelschau Ulm 2012

Simple right?

Wed, Jul 30, 2014 - 11:55am
fslade
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Simple?

Sell Crazy Someplace Else
Wed, Jul 30, 2014 - 10:20pm (Reply to #4055)
Nemraci
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Top (part 2)

Way back in November 2013 I made a post insinuating that the Dow may have topped when it hit this upper trend...

Nemraci wrote:

Weekly

About a month later I was sent back to the drawing board when the Dow made a higher high which shattered my prediction. It was during this time of confusion that I began to look for something, anything, that would make sense of what was happening in the charts. This is when I plotted 6 ascending parallel lines, approximately 500 points apart, which seemed to bring order to the chaos. Typically I'll clear previous studies on my charts the next time I get bored and I want to screw around. This one was different though, I felt the need to see it through... and 2 weeks ago something miraculous happened.

Top?

Nemraci

Wed, Jul 30, 2014 - 11:31pm (Reply to #5941)
ivars
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2 predictions I made last

2 predictions I made last year based on S&P in gold and Bubble nature of current S&P peak that are waiting for stock top any moment:


https://www.tfmetalsreport.com/comment/610259#comment-610259

I was to fast with this which I did on October 29 , 2013, missed one more shortening time period in the bubble (one more blue arrow down around May-June 2014) , but the top value is close enough:


If there is one more period in blue till May-June 2014, top (red arrow) is around July/August 2014, based on same time period ratios. 

Of course I did not trade on this prediction:)


https://www.tfmetalsreport.com/comment/608699#comment-608699

Any future development must involve changing something which people have never challenged up to the present,and which will not be shown up by an axiomatic formulation. P.A.M.Dirac
Thu, Jul 31, 2014 - 10:12am
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Capitulation

From Hugo Salinas Price 28 July:

Welcome to the New Dark Age

The Powers That Be in the US and its allies seem to be committed to keeping the price of gold below $1320US/oz. ......

.... I bid you welcome to The New Dark Age.

A big supporter of precious metals becoming despondent. This is a building block for a low. More blocks like this will be required for creation of the sentiment to create the next PM low. I wonder what creative news will we receive as the movers and shakers transfer from cash to PM?

And I still await IMF and BIS to do their best. There is an IMF 5 year decision to sell PM, for which only some was sold already, and implementation of another agreement which take place towards end of Q3 2014.

Meanwhile, it's still holiday season. Range trading indecision is adequate for just a little while longer I expect. Then the fun returns. :-)

I'll post charts later.

argentus maximus Rhythm and Price https://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Thu, Jul 31, 2014 - 3:04pm
Silverman
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Happy

Why I'm happy? Cause I don't trading. Trading is stressful job. Two good trades per month is perfect for me. Over trading will kill your balance quickly and you'll get nervous when you see the market too closely. 

Thu, Jul 31, 2014 - 4:51pm
Byzantium
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IMF gold musings

"And I still await IMF and BIS to do their best. There is an IMF 5 year decision to sell PM, for which only some was sold already, and implementation of another agreement which take place towards end of Q3 2014."

Do they even have any gold, or is it just the same paper claim that sovereigns have?

Sure, they can sell their paper claims in turn, which is just an aggregation of 'donations' from countries like Germany making their gold available, their gold being a paper promise by the Fed (wink wink). Then a sucker like the Indian central bank comes along, and buys title to that unicorn gold.

No physical is changing hands here, in my humble opinion, but I don't doubt the absurdity that it can still be the alibi for price smack-downs... which of course is the point.

:-)

Fri, Aug 1, 2014 - 2:14am
Silverman
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Prediction

I might be wrong but my prediction is here. Too bad I can't enter buy position. I will be out of city without internet. It seems 1240 is another great support zone. 


Fri, Aug 1, 2014 - 4:54am
ivars
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I think a good medium term

I think a good medium term ( few years) buy point is between 800-1000 USD for gold. Roughly at the level of the top/bottom of 2008 price swing. 

Based roughly on this- this overlay with bitcoin was made in May 13, 2014, but the scale of chart is such that IF , then gold prices have moved 1 millimeter to the right, so possible bottom is still ahead. On the left scale, those are bitcoin prices. 


Any future development must involve changing something which people have never challenged up to the present,and which will not be shown up by an axiomatic formulation. P.A.M.Dirac
Fri, Aug 1, 2014 - 7:34am
redwood
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fwiw still think we'ere

fwiw still think we'ere heading for 1240 and possibly 1200, but perhaps not today. Still in a trading range, and today is Friday. WS.

Fri, Aug 1, 2014 - 10:22am
Silverman
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Buy

Entered buy at 1292. Couldn't hold my fingers. It's called losing patience. smiley

Fri, Aug 1, 2014 - 2:56pm
fatjohn
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Did a leveraged paper trade

Did a leveraged paper trade of 665 silver ounces to 35 gold ounces today (gold at a higher leverage than my silver position was) when the ratio was below 63. Just wanted to increase my exposure, had no idea this divergence was coming, sure am happy with the trade though.

Gold up 13.2, silver down 0.11 

Very unusual, anyone take a guess why. I wont settle for "your trade influenced the markets" as an explanation ;)

Sat, Aug 2, 2014 - 10:43am
ivars
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Interesting predictions

Interesting predictions midterm incl. gold. Short, easy reading, recommend. 

https://armstrongeconomics.com/2014/08/

Any future development must involve changing something which people have never challenged up to the present,and which will not be shown up by an axiomatic formulation. P.A.M.Dirac

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