Fear of deflation will bring more central bank intervention which should support gold, at least relative to other commodities. This is good for miners as costs should drop greater than POG. On balance QE was a positive for gold price as it went from $800 before QE was introduced to $1240 today.
We don't know what the event is because it will all different from anything that's happened before.
We do know it's the result of living in an Islamic-Communist world.
Sentiment: Strong Buy
Girls, smarter experienced pro traders remember Blodgett served the slimy wall street club as a DISINFO SHILL during the hi tech SUPER BULL market of the late 90s---and he is back to hoodwink amateur FOOLS into purchasing Dow and Nasdaq WORTHLESS PUTS!!!!! Do NOT believe a single word Blodgett says about anything, he is a born SCAMSTER and should be sitting in a prison today. Based upon his SCAM warnings, smarter pros are loading the boat with IN THE MONEY Dow and Nasdaq CALL options for the ride to new record highs into the close of the year
Girls, what that means is that, for the next FOUR YEARS, markets will trade in the following ESTABLISHED trading patterns (and any deviations can only be brief and minor):
1. Soaring Dow and Nasdaq
2. Crashing gold and silver
3. Soaring Oil and Gas
4. Soaring Platinum and Palladium
5. Dropping commodity prices ***
6. Crashing commodity currencies (e.g. Canucka and Aussieville)
7. Rising Bond Prices
8. Soaring Metropolitan real estate
*** And of all the commodities doomed to perform the worst, the non-China USELESS rare earth miners (that did not even exist back in the Clinton years) are 100% CERTAIN to be buried before year's end... ALL of them
Again, as per my usual genius in market evaluation, second to none, vastly superior to the typical wall street clown.......I ask you note this post for future reference and, in another four years, those who followed my advice will thank their lucky stars they had the good fortune to read my extremely insightful analyses whilst those who ignored me will be living in a shack somewhere in the woods, feasting on their own feces and vomit ROFLMAO
The sick bullion funds look AWFUL today --------and smarter pros have used the pathetic bullion funds, along with the rotten gold/silver JUNIORS, as perfect FORECASTERS of all SENIOR gold/silver price movements.
Reason: the bullion funds do NOT trade options so there is NO incentive for the slimy banks and funds to create SCAM RAMP JOBS in the bullion funds in order to SUCKER small spec fools into buying gazillions of WORTHLESS gold/silver CALL options.
Girls, EDUCATE yourselves, re-read my usual genius posts, and STOP paying attention to a single word of NONSENSE coming from the sleazy wall street club and their financial media shills!!!
make NO mistake about one thing, girls......they ALL trade in identical BEAR market trading patterns...ALL OF THEM!
those who try to make a distinction between those three DEAD commodity sectors are nothing more than hoodwink artists, the typical types of wall street slime who exist to deceive everybody, not merely strangers, but their own dysfunctional families and imaginary friends.
The only commodities that remain in SUPER BULL market trading patterns happen to be platinum, palladium, oil, and gas....while ALL the rest of the commodities (and commodity currencies, e.g, Canuck Dollar, Aussie Dollar) are destined to dive into the gutter where they belong. That is why smarter pro traders use ALL brief minor dips in platinum, palladium, oil, and gas to increase IN THE MONEY CALL positions while using ALL brief minor DEADCAT BOUNCES In the sick golds, silvers, and rare earths to increase IN THE MONEY PUT positions for the final ride to ZERO. Those trading patterns have now persisted for the past THREE YEARS and will continue for at least another 3-4 YEARS at minimum, along with the established SUPER BULL trading patterns of the Dow and Nasdaq favorites
Girls..for those POOR gold/silver amateurs with bad memories or no knowledge of market history, it was the notorious David "WRONG WAY" Tice who repeatedly and WRONGLY PUMPED these WORTHLESS golds/silvers during the vicious gold/silver BEAR of the late 90s...and now CNBC SCAMSTERS have pulled this clown out of the closet to offer even more BOGUS PUMPS of these forever DYING gold/silver stinkers........and that is your 100% GUARANTEE that these DYING golds/silvers will continue to drop into the toilet where they ALL belong.
Girls, WRONG WAY TIce also just warned against the Dow and Nasdaq SUPER BULL market, exactly as he WRONGLY WARNED against the Dow and Nasdaq SUPER BULL of the late 90s....and that is your 100% GUARANTEE that the Dow and Nasdaq will continue to rocket to the moon!!!
Girls, try to avoid being SCAMMED again by SCAMMERS like Tice, just like you were during the late 90s!!! ROFLMAO
Girls, as I've tried to teach all my POOR sweet mentally challenged gold SUCKERS and LOSERS, most holding rotten gold/silver stocks that have CRASHED some 90% from ALL TIME HIGHS, your WORST ENEMIES are the rotten gold funds themselves.
Reason: most of these WORTHLESS golds/silvers pay NO dividends and they NEVER will, since sleazy gold/silver managements repeatedly rape their own companies and their own masochistic shareholder DUPES, stealing all the gold/silver corp income to feather their own nests....,and so the gold funds own all kinds of rotten golds/silvers that generate ZERO income and NEVER pay dividends.
Ergo, the ONLY way these gold funds can generate MOST of their income is by FALSELY PUMPING their own USELESS golds/silvers, then WRITING CALLS in their own sick gold/silver stocks----an ongoing SCAM that is perfectly legal! Then as the option expiration date approaches, the collusive gold funds DUMP their inventories of gold/silver stocks to ENSURE WIPE OUT of ALL their WRITTEN gold/silver CALL options.
That is why smarter market pros know that whenever BOGUS gold/silver pump artists like Holmes, Gartman, (aka Old Sleazo), Schiff, Cramer, (aka Old Baldie), et al pound the table to buy golds/silvers, you can be 100% CERTAIN they will FALL INTO THE TOILET where they ALL belong!!