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Rosmo2004

Rosmo2004
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  • Gold gets a downgrade at SocGen which says the metal's price is in bubble territory. The downturn which began in October will continue, with the price hitting $1,400 by year's end and falling further in 2014. GLD +0.2% premarket. [View news story]
    An act to bring confidence in Fiat Money.
    Mar 21 08:02 AM | 7 Likes Like |Link to Comment
  • New York's AG has filed a civil complaint against JPMorgan Chase (JPM), alleging widespread fraud in the sale of mortgage-backed securities in the run-up to the financial crisis. The suit relates to billions of dollars of subprime securities issued by Bear Stearns' before its takeover by JPM, and is the first brought under the authority of a law enforcement group formed by President Obama in January to pursue alleged wrongdoing during the financial crisis. More cases are expected to follow. Shares -0.8% AH. [View news story]
    Its about time that they also brings out the silver manupulation
    Oct 1 06:43 PM | 2 Likes Like |Link to Comment
  • Gold futures dropped more than $40/oz., in their fourth straight weekly loss, to settle at $1,675 after the nonfarm payrolls report. “With the uncertainty of the presidential election looming, gold needed a very bad employment number... to cause the Fed to ramp up its QE operations," Gold Newsletter's Brien Lundin says. Miners are lower too: ABX -2.7%, GG -4.5%, NEM -6.8%, AU -2%, AUY -4.6%[View news story]
    Consideration should also focus on Asian market esp. India and China who are buying and stocking Gold and silver. Needless to say the best time to buy is when price is down.. right now. Election will have effect on these metals but of short term as we know supply and demand are the pointers. Also beware of the foul plays in silver and gold market by so accused on JP Morgan.
    Nov 3 04:45 AM | 1 Like Like |Link to Comment
  • Jamie Dimon picks up 500K shares of JPMorgan Chase (JPM) - about $17M worth - according to a late-Friday filing. The moves (by Dimon and his wife and associated trusts) come in combination with selling about $13.5M worth of preferred shares.  [View news story]
    I think for short time JPM will pick up its lost. Its the biggest US Bank. He is doing PR and also a smart move. Everything will be fine until the bubble burst. With Libor and all the banks scandal bubble will surely burst. CEO are good sweeping under the carpets managers, thats why they are there. If JPM falls its just like US economy falls. Just to ponder. Its just a matter of time.
    Jul 21 02:55 AM | 1 Like Like |Link to Comment
  • Gold gets a downgrade at SocGen which says the metal's price is in bubble territory. The downturn which began in October will continue, with the price hitting $1,400 by year's end and falling further in 2014. GLD +0.2% premarket. [View news story]
    Use your 3d printer meanwhile to print out dollar that will make FED fedup.
    Mar 23 07:41 AM | Likes Like |Link to Comment
  • The sight of big name managers dumping gold likely augurs badly for its near-term prospects, as such notables as George Soros, Julian Robertson and Pimco reduced their bets on gold during Q4, when bullion posted its biggest quarterly loss in more than four years. The price of gold is down nearly 2% today, and has dropped 6% since the end of November. (also[View news story]
    I agree to you, while paper gold are getting cheaper BANK are buying Physical gold to back up their banks.
    Feb 16 03:22 AM | Likes Like |Link to Comment
  • The sight of big name managers dumping gold likely augurs badly for its near-term prospects, as such notables as George Soros, Julian Robertson and Pimco reduced their bets on gold during Q4, when bullion posted its biggest quarterly loss in more than four years. The price of gold is down nearly 2% today, and has dropped 6% since the end of November. (also[View news story]
    I can take that.
    Feb 16 03:20 AM | Likes Like |Link to Comment
  • The sight of big name managers dumping gold likely augurs badly for its near-term prospects, as such notables as George Soros, Julian Robertson and Pimco reduced their bets on gold during Q4, when bullion posted its biggest quarterly loss in more than four years. The price of gold is down nearly 2% today, and has dropped 6% since the end of November. (also[View news story]
    Even Germany is pulling its Gold back from FED to store in its own backyard
    Feb 16 03:19 AM | Likes Like |Link to Comment
  • The sight of big name managers dumping gold likely augurs badly for its near-term prospects, as such notables as George Soros, Julian Robertson and Pimco reduced their bets on gold during Q4, when bullion posted its biggest quarterly loss in more than four years. The price of gold is down nearly 2% today, and has dropped 6% since the end of November. (also[View news story]
    True but truth will prevails and when that happens Fiat Money and imaginary stock price will have to give way.
    Feb 16 03:18 AM | Likes Like |Link to Comment
  • The sight of big name managers dumping gold likely augurs badly for its near-term prospects, as such notables as George Soros, Julian Robertson and Pimco reduced their bets on gold during Q4, when bullion posted its biggest quarterly loss in more than four years. The price of gold is down nearly 2% today, and has dropped 6% since the end of November. (also[View news story]
    Agree with you about China, anyway China needs them to strengten their BANKS to get ready to openly compete, also GOLD and SILVER demand aand supply must also be taken into consideration in manufacturing industriy like CHINA compare to how much supply of these metals are available.
    Feb 16 03:16 AM | Likes Like |Link to Comment
  • The sight of big name managers dumping gold likely augurs badly for its near-term prospects, as such notables as George Soros, Julian Robertson and Pimco reduced their bets on gold during Q4, when bullion posted its biggest quarterly loss in more than four years. The price of gold is down nearly 2% today, and has dropped 6% since the end of November. (also[View news story]
    But that will stop too when there are no more papers to print orr inks aare finished..
    Feb 16 03:12 AM | Likes Like |Link to Comment
  • Gold analysts get bullish, the proportion of 35 surveyed by Bloomberg rising to its highest level (83%) since November. ETPs have purchased 51.7M tons in August - also the highest amount since November - and now hold more gold than France. Gold broke out of a tight trading range this week and is at levels not seen since April. [View news story]
    I`ve been with silver SLV and lately I detected that slv is no more moving closely together with Euro as it normally does. Can someone explains this
    Aug 25 07:04 AM | Likes Like |Link to Comment
  • 4 Important Currency Trading Tips Every Forex Trader Should Apply [View article]
    This interestingEmotion is involved all plans are pushed aside and plus anger make things worse.
    as it happens to me too.
    Aug 11 01:35 PM | Likes Like |Link to Comment
  • Jamie Dimon picks up 500K shares of JPMorgan Chase (JPM) - about $17M worth - according to a late-Friday filing. The moves (by Dimon and his wife and associated trusts) come in combination with selling about $13.5M worth of preferred shares.  [View news story]
    Dont forget how deep involvement of JPM in Silver market, it will come up someday. I was on silver until i read about so called manupaltion act from JPM and HSBC. Just waiting for it to burst again,
    Jul 21 03:39 PM | Likes Like |Link to Comment
  • JPMorgan (JPM) has been subpoenaed twice recently by the FERC as it looks into whether the bank used certain bidding strategies to extract higher energy prices in California and several Midwestern markets. At issue now is a battle for JPMorgan to keep secret key emails it considers privileged.  [View news story]
    What about JPM manipulation in silver
    Jul 3 01:02 PM | Likes Like |Link to Comment
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