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  • Gold Stocks Already Turning Up In The New Year [View article]
    Oh, I get it!! In other words, Peter, you are saying the dollar has Peter out!!
    Neeeeee, I don't think so !!
    Jan 12, 2015. 08:04 AM | Likes Like |Link to Comment
  • Gold Stocks Already Turning Up In The New Year [View article]
    My crystal ball says "not yet pal "
    Jan 10, 2015. 04:38 AM | 8 Likes Like |Link to Comment
  • A Guide To Inverse Gold ETFs And ETNs [View article]
    Good article but since gold seems to be holding on 1300 would you still consider inverse ETFs????
    May 25, 2014. 08:03 PM | Likes Like |Link to Comment
  • GLD: Not The Ukraine Again [View article]
    It's not Ukraine that concerns me, it's the fact that BRICS, will eventually have their global money in circulation soon based on gold back up accumulation which in term devalue the dollar even more. This will cause gold to go up. What, you don't believe that is happening ? Check it out !!!
    Apr 27, 2014. 06:25 AM | 5 Likes Like |Link to Comment
  • Futures off 1% on Russian aggression [View news story]
    The reason is because bullies dont like competition !!
    Mar 2, 2014. 08:57 PM | 4 Likes Like |Link to Comment
  • Futures off 1% on Russian aggression [View news story]
    Well said !,, positivethoughts!!!!!
    Mar 2, 2014. 08:55 PM | 1 Like Like |Link to Comment
  • Gold ETF Flows Reveal Speculators Have Had Enough [View article]
    Indianamark where did you get this info?
    Jan 31, 2014. 08:04 AM | Likes Like |Link to Comment
  • Silver And Gold: Another Rally Before Lower Lows? [View article]
    goldstocks: I like what you had to say!! I believe that the US is somehow manipulating the gold in order to get their cruddy hands on some more in any way that they can get it ! In the meantime, we are all getting desperate not knowing what to do. I don't!!! There seems to be so much uncertainty with GOLD but one thing for certain, there is a limited amount and it will never go to zero!
    Dec 1, 2013. 05:16 PM | 3 Likes Like |Link to Comment
  • Metals Have Lower To Go Despite The COT Report [View article]
    Sandcastle: get off of your high horse and sand castle. The author is there to provide info based on his bias opinion. His intention is not to spoon feed you. You always have the option to read some other articles that might be more to your liking.
    Nov 25, 2013. 10:08 AM | 5 Likes Like |Link to Comment
  • Metals Have Lower To Go Despite The COT Report [View article]
    Great article Avi, so what is your take on gold miners? How can they survivle if gold keeps going down?
    Nov 25, 2013. 08:34 AM | 1 Like Like |Link to Comment
  • Is The Gold Market Manipulated? Part 1: Introduction And The London Gold Pool [View article]
    Great article, thanks. Is it possible that the Feds are manipulating the Gold? After all they continue to print money like drunk sailors!!
    Nov 23, 2013. 08:21 PM | 3 Likes Like |Link to Comment
  • Paulson reportedly not buying more gold [View news story]
    I still don't get it, if QE continues GOLD goes down, if QE stops GOLD goes down. How can this manipulation continue and why?
    Is it our government that doesn't want gold to go up in order to pretend that our economy if recovering? Maybe we should all open our own Federal Reserve shop and print fake money!
    Nov 22, 2013. 10:26 AM | 2 Likes Like |Link to Comment
  • No One Has Had A Successful Model Of Gold? I Do! [View article]
    How sad that most folks are looking at the trees instead of the forest!!! folks its all a fake economy, the gold might go down for a bit, yes we hold about 8 tons of gold (maybe), China about 3 tons(maybe) so it makes sense to me that other countries want to increase their share. If the amount of gold is decreasing from Comtex, where is it going? some one must be getting it!!!
    If gold goes down then the cost to get it out of the ground will be more than the price of gold. In that case the gold miners will stop their production. Gold would go up since where would be a shortage of production. forget about housing, fake printing money, Yellens poppet performance. It will all come down !!!! Only gold will save your butt!!
    Nov 17, 2013. 01:54 PM | Likes Like |Link to Comment
  • GLD: Sell While You Still Have A Chance [View article]
    Thank you Filipo. That is interesting!
    Nov 7, 2013. 01:41 PM | Likes Like |Link to Comment
  • GLD: Sell While You Still Have A Chance [View article]
    Here is an article about the manipulation that takes place about gold:
    The Wrap
    More and more, the manipulative and disruptive HFT and computer algorithms seem to be concentrated in Comex gold and silver. The otherwise inexplicable daily price volatility infecting Comex gold and silver would not be tolerated in any other market, especially stocks and bonds. I’ve come to consider HFT in gold and silver as existing solely for purpose of price manipulation.
    Claims that HFT enhances liquidity are nonsensical. True liquidity involves positions being transacted with the least amount of price change and volatility; HFT in gold and silver is designed to cause maximum price change first to then force position change. Gold and silver prices, even though they are severely depressed from the highs are more volatile and counterintuitive now on a daily basis than ever before. And the only reason for the depressed prices, high volatility and the counterintuitive nature is HFT. If someone wanted to create a more disruptive (to real producers, consumers and investors) market environment than HFT, it would be impossible. - Silver analyst Ted Butler, 02 November 2013
    Except for the obvious price cap put on both silver and gold at 1 p.m. GMT in London, which was 8 a.m. in New York, I wouldn't read much into yesterday's price action. Volumes were extremely light, and anyone with an agenda could push prices around to suit themselves, which they obviously did. But you have to wonder why they make themselves so conspicuous when they're doing it.
    Today, at the close of Comex trading, is the cut-off for this Friday's Commitment of Traders Report. When that one is posted on the CFTC's Web site at 3:30 p.m. EST, then we'll be up to date. But as I mentioned further up in this column, we're still once COT short of a full load, so we'll see if we get it today or tomorrow.
    We're still below the 50-day moving averages in both gold and silver, and I'm not sure if there's more down-side price pressure to come or not. Only the HFT boyz know that for sure, and they're not going to tell us in advance. As Ted said in the quote above, they're only there to influence prices to the downside, and you certainly know when they show up. Of course with prices this low, the law of diminishing returns sets in rather quickly, as the technical funds and small traders don't have that many long positions left to dump, and there's a limit to how short they're prepared to go when prices are this far below their respective 50 and 200-day moving averages. Here are the six-month charts for both.

    There wasn't much price activity in Far East trading on their Tuesday, but there was a little HFT selling pressure going into the London open. Volumes at the London open were 10,000 contracts in gold and about 3,700 in silver, which are microscopic. But, in the hour that London has been open as I write this paragraph, these volumes have doubled in gold, and are up about 50% in silver, and it's all of the HFT variety as I'm sure you've already figured out on your own. The dollar index is up a handful of basis points.
    And as I hit the send button on today's efforts at 5:15 a.m. EST, the precious metal prices aren't doing much after their initial sell-offs going into the London open. Prices are all down from yesterday's close in New York, and would obviously be higher if the HFT guys hadn't shown up when they did. Volumes have really died down, and has changed little in the last hour or so. Gold volume is a bit more than double, and silver's volume is up about 60% from the open. The dollar index is comatose.
    I haven't the foggiest how prices will be allowed to perform today in New York, but once we get past the noon London silver fix, we should find out in pretty short order.
    I'm done for the day, and I'll see you here tomorrow.
    Nov 5, 2013. 10:49 AM | 1 Like Like |Link to Comment