The Sell-Off In Gold Has Become Plain Silly [View article]
If shorting gold is such an easy trade then the caution flag is waving. My best buys have been when I am sweating like a pig bucking massive pessimism/uncertainty or best sells are when I have to overcome greed that I will miss out on more. I am really curious to know who/whom unloaded 400 tonnes of paper gold in a short period of time at a critical technical level on April 12. NLO says why bother with manipulated markets. All markets or at least most markets are manipulated by this micro-knowitall-Fed and corrupt govt This is what we all face as investors. Buying gold for many comes down to a lack or no faith in a broken corrupted monetary system and govt.
The Sell-Off In Gold Has Become Plain Silly [View article]
jimg, most mining shares are down 30-80%. When the stock market was collapsing oct 08 march 09 very few wanted in and pessimism was off the charts. a few were bucking the herd-trend doing their research and buying at rock bottom prices. Now many are very complacent after the 100%+ returns off the bottom.Investors cannot get enough utilities and junk bond funds---IMO they are pricey as I own a few long term. You buy value not chase momo.
Knocking stocks for a few points is San Francisco Fed President Williams reiterating his hope QE can begin to be tapered this summer and halted by year's end. This is not the first time Williams has said such, but he does reside in the FOMC's dovish camp. He notes even without QE, Fed policy would remain extraordinarily stimulative. [View news story]
More acting (bad guy good guy chatter) and propaganda being spewed by Fed stooges. The Fed stooges are in a battle for their lives to keep this current system intact and knocking gold /silver as unstable and risky while "king" dollar reins. Nice try guys but you r not fooling emerging market PM buyers. You are actually speeding up the digging of this monetary system grave by allowing emerging Central Bankers to snap up gold at 20-30% lower prices and dramatically increase their gold backing. Great job guys in squandering a huge benefit we had for decades.
Gold (GLD -2.1%), (IAU -2.2%) sinks back below $1,400 as the bounce since mid-April is officially over. At work here, suggests RBC Capital, is the strong stock market. To participate, foreign investors sell gold, buy dollars (UUP is up big in May), and call their stockbrokers. Commerzbank notes gold ETF outflows were another 6 tons yesterday, bringing the total since early April to 230 tons. Silver (SLV -3.1%) tags along. [View news story]
No this is the typical response from an Internet bubblehead in 1999-2000 and a number of REhores/home zombies in 2004-2007. We have 100 million of american sheeple out there without a clue that a tsunami in cost of living is going to hit. This is why the masses are usually destined to serfdom anyway buying into the leveraged lifestyle.
Gold (GLD -2.1%), (IAU -2.2%) sinks back below $1,400 as the bounce since mid-April is officially over. At work here, suggests RBC Capital, is the strong stock market. To participate, foreign investors sell gold, buy dollars (UUP is up big in May), and call their stockbrokers. Commerzbank notes gold ETF outflows were another 6 tons yesterday, bringing the total since early April to 230 tons. Silver (SLV -3.1%) tags along. [View news story]
brachio you sure have not studied history and how govt is involved with gold. even the most credible Paul Volcker made reference to gold activity by the fed. The fed the govt other western Central bankers and bullion banks will pound down the price to eliminate any interest in it or to dispel the idea it is a safe haven currency vs fiat. Unfortunately BRIC countries buy physical gold and silver and are motivated to acululated in price weakness countering the CBer pyscho manipulation game to shift sentiment. Open yours eyes and see what the BRIC countries are doing. Many BRICs and other emerging economies are making bilateral trade agreements using their own currencies not the dollar. Also China and other BRICs are aggressively accumulating gold b/c they want more influence in global monetary issues. Connect the dots come out of your sheeple zombie sleep. It can happen in the US. We have had a free pass for decades just by printing free money out of thin air without making the tough decisions.
Gold (GLD -2.1%), (IAU -2.2%) sinks back below $1,400 as the bounce since mid-April is officially over. At work here, suggests RBC Capital, is the strong stock market. To participate, foreign investors sell gold, buy dollars (UUP is up big in May), and call their stockbrokers. Commerzbank notes gold ETF outflows were another 6 tons yesterday, bringing the total since early April to 230 tons. Silver (SLV -3.1%) tags along. [View news story]
The paper market is massive while physical has controls due to nature. All it will take is a shift in a portion of those abundant fiat currencies into physical to get pms moving again. The paper trading PM markets are broken technically. A good example of govt manipulation. Take for example Argentina:
Official exchange rate of the peso vs the dollar 5.238 peso to dollar Black market rate 10.45 peso to dollar.
We will probably see the price differential in physical gold/silver vs paper depart overtime
Gold (GLD -2.1%), (IAU -2.2%) sinks back below $1,400 as the bounce since mid-April is officially over. At work here, suggests RBC Capital, is the strong stock market. To participate, foreign investors sell gold, buy dollars (UUP is up big in May), and call their stockbrokers. Commerzbank notes gold ETF outflows were another 6 tons yesterday, bringing the total since early April to 230 tons. Silver (SLV -3.1%) tags along. [View news story]
Fed, treasury - govt and bullion banks in attack mode on gold and silver. why? they are trying to break the backs of those promoting PM as alternative to the printed dollar. they are trying to stop this trend before the sheeple masses catch on. I know I know they do not mingle with markets. Now lots of investors invest based on technical charts patterns and they know this. technically the PMs are broken for now, but that is prompting those around the world to buy buy buy physical which the crooks back here cannot control. Is it no wonder they are pumping out the deficit will be smaller this year . Anyone think if you added in off balance sheet items we would have so called decrease? The criminals will be operating as normal and run up some more debts. The dollar strength will last until when the BRICs do a pearl harbor on it. What happens to velocity when dollars both physical and E-dollars have no place to go but back here? Just think about all those dollars rushing back into US looking to buy up things in a hurry. There is the missing velocity coming back home. japan uk and euro need to play out then the big bullseye is on our backs. The dollar is losing its reserve status as bilateral trade agreements without the dollar are being made around the globe. A surplus of dollars will mean more coming home.
Are Gold Miners Attractive Yet? Not So Fast [View article]
The problem is most mining executives are dunces and manage the business in a cyclical fashion as opposed to a counter cyclical fashion. Most these idiots get caught with their pants down at the worst time then have to go begging for liquidity to the sharks. ANV needed the equity raise since they failed to get their house in order in good times with plenty of time to have done so.
More Bernanke: "Many households remain more financially fragile than might be inferred from the aggregate statistics alone," he says, touting new, even more detailed data the Fed is monitoring. The Fed never saw the greatest macro event in generations coming (even when it was on top of us), and Bernanke lays some of the blame on a lack of intricate numbers coming across the desks of central bank economists. [View news story]
Ticking inflation bomb could go off at any time. This is going to sink any semblance of standard of living down to thrid world levels for retirees, the middle class and the poor. The hero will be no longer.
Gold Coin Sales Spike To 3-Year High, Silver Sales Continue At Record Pace [View article]
flash what about austerity vs easy money which is the new rage to demonize anyone that calls for sanity. Gold and silver are a real threat to the current system. this is not 1970-1980. That was the beginning of the explosion in the debt based fiat system. we are nearing the end game of this fog a mirror ponzi system.
Gold Coin Sales Spike To 3-Year High, Silver Sales Continue At Record Pace [View article]
Emerging markets and especially Asia are the drivers of precious metal demand. A feast fest for PMs in India and China over the falling prices. Bernank and his stooges only aid Asian buyers since they have a culture of investing a nice portion of their wealth in PMs.
Home prices rose 1.9% in March, according to CoreLogic, the 13th consecutive monthly rise and bringing the Y/Y gain to 10.5%. Excluding distressed sales, prices rose 2.4%. Core-Logic's pending home price indicator points to a 1.3% M/M and 9.6% Y/Y gain in April. [View news story]
GR8888T news. Lets see at 1.9% monthly this is annualized at 22.8%. Three cheers for bennie boy for that new wealth. Come on Bernank u can do better for us.
Gold, Newmont Mining Are Both A Buy [View article]
TCF, anyone that mentions cutting govt waste (spending) is demonized today. So as this brainwashing continues throughout the western world e-printing presses will increase to new unprecedented levels. Silver/gold (S/G) demand will continue to increase worldwide as a trickle of masses eventually leading to a panic finally realize S/G is their best protection outside the system against these corrupt CBer lunatics.
The Sell-Off In Gold Has Become Plain Silly [View article]
I am really curious to know who/whom unloaded 400 tonnes of paper gold in a short period of time at a critical technical level on April 12.
NLO says why bother with manipulated markets. All markets or at least most markets are manipulated by this micro-knowitall-Fed and corrupt govt This is what we all face as investors.
Buying gold for many comes down to a lack or no faith in a broken corrupted monetary system and govt.
The Sell-Off In Gold Has Become Plain Silly [View article]
You buy value not chase momo.
Knocking stocks for a few points is San Francisco Fed President Williams reiterating his hope QE can begin to be tapered this summer and halted by year's end. This is not the first time Williams has said such, but he does reside in the FOMC's dovish camp. He notes even without QE, Fed policy would remain extraordinarily stimulative. [View news story]
Gold (GLD -2.1%), (IAU -2.2%) sinks back below $1,400 as the bounce since mid-April is officially over. At work here, suggests RBC Capital, is the strong stock market. To participate, foreign investors sell gold, buy dollars (UUP is up big in May), and call their stockbrokers. Commerzbank notes gold ETF outflows were another 6 tons yesterday, bringing the total since early April to 230 tons. Silver (SLV -3.1%) tags along. [View news story]
Gold (GLD -2.1%), (IAU -2.2%) sinks back below $1,400 as the bounce since mid-April is officially over. At work here, suggests RBC Capital, is the strong stock market. To participate, foreign investors sell gold, buy dollars (UUP is up big in May), and call their stockbrokers. Commerzbank notes gold ETF outflows were another 6 tons yesterday, bringing the total since early April to 230 tons. Silver (SLV -3.1%) tags along. [View news story]
Unfortunately BRIC countries buy physical gold and silver and are motivated to acululated in price weakness countering the CBer pyscho manipulation game to shift sentiment. Open yours eyes and see what the BRIC countries are doing. Many BRICs and other emerging economies are making bilateral trade agreements using their own currencies not the dollar. Also China and other BRICs are aggressively accumulating gold b/c they want more influence in global monetary issues. Connect the dots come out of your sheeple zombie sleep. It can happen in the US. We have had a free pass for decades just by printing free money out of thin air without making the tough decisions.
Gold (GLD -2.1%), (IAU -2.2%) sinks back below $1,400 as the bounce since mid-April is officially over. At work here, suggests RBC Capital, is the strong stock market. To participate, foreign investors sell gold, buy dollars (UUP is up big in May), and call their stockbrokers. Commerzbank notes gold ETF outflows were another 6 tons yesterday, bringing the total since early April to 230 tons. Silver (SLV -3.1%) tags along. [View news story]
A good example of govt manipulation. Take for example Argentina:
Official exchange rate of the peso vs the dollar 5.238 peso to dollar
Black market rate 10.45 peso to dollar.
We will probably see the price differential in physical gold/silver vs paper depart overtime
Gold (GLD -2.1%), (IAU -2.2%) sinks back below $1,400 as the bounce since mid-April is officially over. At work here, suggests RBC Capital, is the strong stock market. To participate, foreign investors sell gold, buy dollars (UUP is up big in May), and call their stockbrokers. Commerzbank notes gold ETF outflows were another 6 tons yesterday, bringing the total since early April to 230 tons. Silver (SLV -3.1%) tags along. [View news story]
Is it no wonder they are pumping out the deficit will be smaller this year . Anyone think if you added in off balance sheet items we would have so called decrease?
The criminals will be operating as normal and run up some more debts. The dollar strength will last until when the BRICs do a pearl harbor on it. What happens to velocity when dollars both physical and E-dollars have no place to go but back here? Just think about all those dollars rushing back into US looking to buy up things in a hurry. There is the missing velocity coming back home. japan uk and euro need to play out then the big bullseye is on our backs. The dollar is losing its reserve status as bilateral trade agreements without the dollar are being made around the globe. A surplus of dollars will mean more coming home.
Are Gold Miners Attractive Yet? Not So Fast [View article]
Gold Mining Costs Are Falling [View article]
http://1.usa.gov/YCgJcQ
More Bernanke: "Many households remain more financially fragile than might be inferred from the aggregate statistics alone," he says, touting new, even more detailed data the Fed is monitoring. The Fed never saw the greatest macro event in generations coming (even when it was on top of us), and Bernanke lays some of the blame on a lack of intricate numbers coming across the desks of central bank economists. [View news story]
Is MBIA A Buy? [View article]
Gold Coin Sales Spike To 3-Year High, Silver Sales Continue At Record Pace [View article]
Gold and silver are a real threat to the current system. this is not 1970-1980. That was the beginning of the explosion in the debt based fiat system. we are nearing the end game of this fog a mirror ponzi system.
Gold Coin Sales Spike To 3-Year High, Silver Sales Continue At Record Pace [View article]
Home prices rose 1.9% in March, according to CoreLogic, the 13th consecutive monthly rise and bringing the Y/Y gain to 10.5%. Excluding distressed sales, prices rose 2.4%. Core-Logic's pending home price indicator points to a 1.3% M/M and 9.6% Y/Y gain in April. [View news story]
Gold, Newmont Mining Are Both A Buy [View article]