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Michael Noonan Edge Trader Plus Michael Noonan is the driving force behind Edge Trader Plus. He has been in the futures business for 30 years, functioning primarily in an individual capacity. He was the research analyst for the largest investment banker in the South, at one time, and he... More
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  • Gold And Silver - For Strong Upside Movement, Experts Continue To Be Wrong. 0 comments
    Mar 22, 2014 1:52 PM

    Saturday 22 March 2014

    From our perspective, the charts reflect the reality of the unreal
    within the ruling Western elites that continue their financial
    stranglehold over every Western government, at a minimum, and
    through their central banks dictating how governments are to rule
    the governed, aka those enslaved into the system. [We will deal
    with how charts are the best read, later in the commentary.]

    Actually, "the system" is an apt way of describing how the
    Rothschild formula has spread its dominating tentacles into every
    aspect of everyone's lives. Formula: Control all the money, control
    the government. Control the government, control the world. This
    diabolically simple plan has worked right from the outset.
    Rothschild was an incredibly astute businessman.

    While becoming rich as a moneylender, he learned that it would be
    far more profitable to lend to governments than to people. Besides, governments had the power of taxation that guaranteed
    repayment of all loans. Further, he learned that there were even
    far greater profits to be had when countries were engaged in war.
    Nothing produced more riches for the Rothschild's growing dynasty
    than wars. It was through wars, and the previously unimaginable
    riches they brought, that Rothschild gained control of the Bank of
    England, as a starter.

    Have you ever wondered why there are so many wars, why people cannot just "get along?" The Rothschilds see to it that dissent is
    fostered and civil unrest is encouraged, eventually leading to war.
    There is no country on earth that has been responsible for more
    wars and promoting them than the elite-controlled, puppet-run
    United States. The list, starting from the Korean war and Viet Nam, to present times is appalling but purposeful.

    If it were not for Putin, Obomba would have promoted his [yet
    another] false flag chemical use against civilians as reason for
    bombing Syria. That door politically foreclosed on him, Netanyahu
    has picked up the mantel. Israel may not go too far, for it has
    some gas deals with Russia, and it would be bad economics to keep pushing against Syria.

    "Give me control of a nation's money, and I care not who makes
    the laws," was not some idle boast on Rothschild's part. He literally began controlling governments. Once in control of governments,
    lending to controlling influences, through licensing, like the news
    media, the medical industry, communications, drug industry,
    education, the military, the web of money was all-controlling.

    What makes the Rothschild formula so successful is that it became
    systematized. In every sphere of influence Rothschild "agents"
    were present and an integral part of how things functioned, always
    in furthering the financial ends of the family empire, and nothing
    was more controlling than the banking system. This was how the
    United States was gutted from within. First came the installation of
    the Federal Reserve in 1913, then the IRS in 1916, neither of which pass organic Constitutional muster, but the organic Constitution
    was replaced by a mirror federal constitution, written to favor the
    Rothschild interests.

    This is the Rothschild's For Dummies abbreviated version of a very
    complex, very devious takeover of the world. In every instance,
    when the Rothschild's loaned governments cash or its equivalent,
    gold was demanded as payment in return. If there were not
    enough gold, silver was also acceptable. When both ran out, control of the financial arm of the government, [the money supply], came next. Once control of every part of finance was under control, then
    came control of everything else.

    The love of money is the root of all evil, and evil reigns. All
    Western governments are criminal enterprises, and none more so
    than the United States, exporting its perverted form of
    "democracy," [debt at the barrel of a gun...not just a gun,
    invasions, tanks, drones, torture, every imaginable form of black-
    ops to create civil unrest...snipers in the Ukraine killing both sides,
    as a current example].

    Guess what occurred at the first opportunity in Ukraine? All of its 33 tons of stored gold was transported [stolen] under cover of
    darkness at 2:30 a.m., local time, to be "stored" [stolen] in the
    rabbit hole at the New York Federal Reserve. This is how the
    Rothschild system works, from the French and English wars of a
    few hundred years ago, to just a few weeks ago. The first thing to
    go is a country's gold. It happened in Iraq, in Libya, even in

    Whenever a country is invited into the EU web, that country's
    onerous debt is compounded with even more, impossible to repay
    debt. What then follows are "austerity" programs, and now bail-ins, and for what? To save the insolvent banking system that created
    the disastrous financial, derivative-laced problems to begin with.

    Who elected the people in control at the IMF? The BIS? The EU? No
    one. They represent no one. They are all agents in the service of
    the Rothschild elites, and their only mission is to gain absolute
    control over all of the money and over every citizen within the
    criminally corrupt web of Western governments.

    Ukraine has nothing to do about "spreading democracy." It is all
    about control over energy sources, especially the flow of natural
    gas to Europe. The West has been at growing risk of losing its fiat
    "petro-dollar" control as the East, along with its resource riches and
    rising gold reserves, positions itself to take over. Who is leading
    the charge from the West? Once again, the Nobel Peace Prize
    recipient is pounding on the undertone drums of war, from half-way around the world, and with no skin in the game.

    Consider, Barack and his [un]brilliant moves against Putin. In his
    latest "I'll huff, and I'll puff, and I'll blow your house down" with
    sanctions move: Visa and MasterCard have refused to process
    charges in Russian banks. That must be keeping Putin up at night.
    Meanwhile, China has announced that it plans to purchase even
    more natural gas from Russia. While Obama deals in petty debt
    threats of no consequence, Putin is making a huge economic deal
    with China, likely to be inked when Putin visits China in May.

    When the deal between China and Russia is finalized, it will be
    another nail in the coffin of the fiat "petro-dollar," for the "dollar"
    will not be a part of the deal. It continues to be exit stage left for
    the waning US influence.

    Hard to decide: no more debt-driven activity from the West versus
    offers of more lucrative international trade from the East? These
    Western sanctions from the dumber-than-dumb West must really
    have Russia concerned. Even more! The G-8 nations want to
    impose sanctions, as well. 7 of those 8 Western nations are
    essentially insolvent.

    Based on how the charts continue to develop, there are no
    indications that gold or silver are about to "take off," or even keep
    a sustained trend to the upside. None of the oft- mentioned so-
    called fundamentals have impacted the direction of PMs, and none
    still do. It is all about what is going on in the West v East battle for
    investment survival.

    Everything has been revolving around gold, and the West has
    played a losing hand. Its ace in the hole is what we referenced as
    "the system." The West has had its bluff called, over gold, and it
    has folded, much like the paper exchanges, COMEX and LBMA are.
    Paper-covers-rock may win in the Rock, Paper, Scissors game, but
    in real life, using debt paper to cover over the loss of golden rocks
    does not work.

    If the East has gained control of the gold, and the West is
    essentially insolvent to its core, why aren't gold and silver finding a higher level that, at a minimum, would reflect a simple adjustment
    for inflation for the past few decades?

    The Rothschild influence and control of the world's [all fiat] money,
    its total control over the governments of the West, except those
    within the BRICS sphere, is so pervasive that it has to have some
    degree of tie-in even with the independently driven countries like
    China, India, and now much less so with Russia, as Putin has tired
    of Obama's utter pettiness.

    The war for resource control is what is influencing the price of gold
    and silver, and for as long as the West can influence events around
    the world, it will continue to be more than a thorn in the side of the East, and gold and silver will continue to seek a bottom.

    Amidst the sometimes "wildly" bullish attitudes toward gold, from a number of experts, so-called or self-professed, gold has not made
    any strong inroads on the weekly chart, a time frame more
    indicative of overall stronger buyers and sellers.

    Bearish spacing remains intact, and the current price swing high
    has stopped under the last swing high. If it were pure fundamentals driving the price of gold, it would be at much higher levels. If it is
    not fundamentals driving the market, then the most likely
    reasoning has to be something along the lines we have discussed.

    Whatever it is, however perverted the paper markets have
    become, even manipulated markets that are going to fail will begin to show signs of failure before the reality sets in. We see nothing in the charts that indicates an end to the grasp of the Rothschild ilk.

    GC W 22 Mar 14

    The daily trend is up. The current correction just erased the effort
    of the past 3 weeks. Of the 4 selling bars, the last was the smallest
    in range with an upper end close and at an area of support. The
    volume was relatively high, under the circumstances, and it
    indicates buyers were more in control than sellers. Fridays weak
    rally was still a higher high, low and close from the previous one.

    If the trend is to remain intact, gold should renew it upward
    momentum. If not, then adjustments will be in order to suit the
    new information from the market.

    GC D 22 mar 14

    The chart comments say it all. We normally do not include intra
    day charts, but this does show a lack of strong selling volume as
    price moved sideways over the last 3 days.

    GC 60m 22 Mar 14

    Many articles have been written about the explosive potential for
    silver, and at some point, it may happen, but for now, silver is
    languishing at the lows, and it gives no signs for a potentially
    strong move to the upside. All anyone has to do is look at this chart and draw one's own conclusion.

    SI W 22 Mar 14

    Where daily gold is in an up trend, daily silver is not. Looking at
    silver in the most positive light, from a chart read, it is at support,
    and it is in an oversold condition while at support. The combination
    may give rise to a rally, in the days ahead. However, if silver were
    to rally next week, it would still be viewed as a rally within a down

    $50, $100, $200 silver? It cannot clear its way above $22. How do
    the experts reconcile that with so much "rosy" enthusiasm? We like silver, but one has to be a realist and deal with what is.
    Accumulation of the physical is highly recommended, as is
    personally holding it, outside of any banking system.

    SI D 22 Mar 14

    Even the intra day trend for silver remains down. There are several points to be made for positive behavior as this metal continues to
    bottom, but at some level, it should begin to "show its hand," if
    there is the underlying strength so many maintain.

    SI 60m 22 Mar 14

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