$HARK&$HARK

Central Banks Mismanaging Our Gold Reserves

OK girls,

I must leave you till tomorrow,made 3000$ on NatGas (bought my 4 miniNG shorts at 7.80$ that were sold on Thursday at 8.10$) as NYMEX pit opened today 2 hrs before than usually.
Go sell some NG I promise you will make a lot of $£$£ on it.
Your hard Labour Day will be paid to NYMEX beasts.Good luck all Jews,Chritans,Muslims.

Central Banks Mismanaging Our Gold Reserves

For jealous freaks I am ready to exchange my August statement with yours,just submit an e-mail if you are cowboys as you pretend to be on SA.
My email is [e-mail] after receiving statement from any of you (especially Lieberman's would be interesting) I immediately will forward mine,with real addresse so you will be surprized where I am from.Deal or no deal,cowboys-billionai... your balls are too light to open the cards?LOSERS.

Central Banks Mismanaging Our Gold Reserves

I just wanted to comment on GC not to engage in my opinion on the Jews,but all the losers with their penny stocks down 60-90% since they bought few months ago,are angry as I have different opinion and instead of losing I make money every single day.
Last month 40,000USD,I know many of you are billionaires here and for you 40K$ is nothing but for me it is a lot of money,that's why I can afford to go for picnic with my Mercedes E Class Avantgarde ( I know for you Mercedes is pennies as all of you drive a Rolls Royce or at least Lamborghini,but for me 49,000EUR I paid 2 years ago for this car is a lot of money ) and just bought NIB Rolex Daytona 18KYG deliverd next week I hope,for 15,000$ ( I know Rolex is nothing for you as all of you wear Patek Philippe for 80,000$ or at least Breguet for 50,000$ or maybe Lange & Sohne for 70,000$) but for me 15,000EUR is a lot of money.
For those of you pikers,I am ready to send my pics I made today while on picnic where you can see what car I have.And soon my Rolex just submit your e-mail billionaires below,picture will be sended by tomorrow.
Let's focus on trade,not hatred and not comment on what toilette paper you think I use,then there will be no fight,just pure trade.

Central Banks Mismanaging Our Gold Reserves

I read 20-26 words of it,maybe you are right.
All I know that leasing at 0.6% per annum (carry trade) is in full swing now as there are just too many opportunities around the world to invest procceds from GC leasing.
Traders (Bullion Banks like JP Morgan, UBS, Barclays, Goldman Sachs, Bank of America, Sumitomo, Commerzbank, Citibank to name few but there are more) lease,leased and will continue to lease GC from anybody who will lease it to them and as much as possible.
Reason?
GC has run it's course,economies around the world are declining but not the high yield opporunities as interest rates are still higher in many developed countries than in the USA.
At lease rates for GC in 12 months at 0.6% Bullion Banks are not speculators and it allows them this low risk carry trade,where they just invest for difference in government bonds of other high yield countries,the procceeds they get from selling GC at futures markets with longer maturities.
GC for June 2013 delivery is 990$,160$ or 18% higher than current GC spot price.This carry trades already have been proven very successful and every trader big or small will follow successful trading strategy.
I think it is not a secret to many that soon all the major stock indexes will crash as global economy is already in recession,depression call it as you like.Banks know that GC is considered luxury same as Patek Philippe watches,art deco sculptures,Ferrari cars,Salon Champagne Vintage 1982 and luxury goods are selling better when economy is growing than the opposite.
GC is still used mostly in Jewelry as end product and your dreams about China and India eating and drinking GC is wrong,those two countries just got poorer again and people are not buying anymore at this prices same as bankrupt Americans are not buying anymore with their credit cards Asian imports.
Bottom line reality check:
GC will not stop at 830,800,760,600? maybe?or 500 more likely (Yamada magic number is 760$ an Oz,she was so damn wrong on Treasuries last year nd this,when she said they will never cross 112,today they are 118).
GC is in a downtrend,trend,trend.
Bullion Banks make money on carry trade,a lot of money,hedge funds just went short GC too as they want to join the bandwagon,speculators went short too.So where is the bottom for GC?
I don't know,but according to my own research which is secret but very simple,bottom will be 610$ around.Of course there will be short covering rallies but it is only precedent to short more for Smart Money.