When you speak of “trash” it is more likely the “trash” exists within the central banks. It is becoming overtly obvious that since central banks worldwide control fiat currencies, which are the only currently available legal mediums of exchange, generally speaking, that they can run everything in the precious metal sector into the ground, at which point they (central banks) can pick up the pieces and keep all things PM related out of the hands of the public.
In such a scenario, where total control to manipulate exists, it is better to wait till they’ve overplayed their hand, as is so typical of those of unbridled greed. No one should put a penny into PMs until they’ve obviously turned the corner, which includes all things related and derivative, which includes PM mining companies. The DJIA today lost over 315 points. When it is generally recognized to be in a downtrend is when serious consideration to PM mining companies should start to attract interest. In the meantime, if some out there feel their money is burning a hole in their pockets, there is always the physical market.
Yes and I’ll bet they aren’t hearing on their news sources about gold (and silver) being barbarous relics. Most of the sheeple in this country won’t get it until it’s too late.
You don’t understand. They aren’t “buying” it. They are playing along with their own twist on how to rip off their populations. They’re all in it together to a certain extent. Only their populaton’s prosperity is at risk
And who’s the top dog at Yahoo? Marissa Mayer.
And what are her creds? Involved in the development of Google Search and image products
And who appears to have taken over all cookie handling? It sure looks like Google on this end
There’s an old saying about power; it corrupts and absolute power corrupts absolutely
Be sure your searches can’t be tracked. We use StartPage
Perhaps you can answer your own question:
1. Central banks are operated by the Earth’s wealthiest people who don’t want, and never will, people to be in control of their destinies, which a system of honest money would allow.
2. National currencies are under the control of banks, worldwide. PMs are the honest alternative to fiat money. Those who control the money will NEVER voluntarily relinquish that power. Otherwise manipulation of the PM sector will continue downward.
3. Government regulators will NEVER oppose lawbreaking in the form of moving markets in directions beneficial to them. Beware those who suggest the current advance is definitely the beginning of a return to a PM bull market. Overhead resistance on charts still has not broken through. Only then is there a reasonable chance that we can say PMs have begun their long awaited uptrend.
4. Pay attention to what the charts are saying. They are the combined wisdom of the participants, even the criminal manipulators. For many months, even years, if you watch the PM spot market you will see a definite pattern that proves manipulation is going on in all world metals exchanges. It usually goes like this: down NYMEX at open, large increase from there into mid session. Downward from there gradually into London. Then back to the upward spike at the NYMEX open again.
The banksters are the head of the snake, as GlobalAU used to say. Past and present Presidents, members of Congress and the Judiciary are beholden to the Fed, not the People. Until they are dealt with, meaning removal of this private central bank and the return of responsibility to the Treasury any other efforts at reform are a mute point. The problem is that the corruption runs so broad and deep that it will probably take some sort of catastrophe to rid the country of the Fed. Neither of the 3 branches of the government, as currently constituted, will do the job. Remember that MOST politicians are there because the banksters put them there by the way. In effect they are largely bankster puppets.
He fell in the pond, there at the golf course he frequents in Chandler, AZ, and drowned. So what is it that you miss about him?
Another, among the missing, is GlobalAU73, who had some very interesting commentary. He is a Viet Nam vet, which could put him in his late 70’s. Hopefully he is still around to see what appears to be an uptick in the PM markets. Maybe he’s just too busy tending his tomato garden. All associated with the central bank slime that have suppressed the price of PMs over this many years need to meet their Waterloo, and the sooner the better.
People have died (WI Wi, not included among the gold bugs) waiting for the logical end of fiat money, the destroyer of many lives worldwide. May the banksters spend eternity in the burning fires of Hell.
...international elitist (central bank management) neck stretching events (but not in the USA).
However, do not discount the US political class springing to the “aid” of the international elitists.
The anger in western countries is about to hit a tipping point. The realization that falling economies and the cover-up (urbanely known as “wagging the dog”) are transparent efforts to shift blame to “unforeseen” militancy by the “disenfranchised”, thus legitimizing the “but how could we have known” defense.
See: “The Death Of Paper Money” by Ian Gordon
Within is stated:
In 1838, Mayer Amschel Rothschild, founder of the international banking dynasty, in a letter from London to Rothschild agents in New York wrote- "Let me issue and control a nation's money and I care not who makes its laws. The few who understand the system, will either be so interested from its profits or so dependent on its favors, that there will be no opposition from that class, while on the other hand, the great body of people mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests."
Understanding of this statement is relevant to the tipping point where elitist control over financial systems is ending as currency wars intensify.
Not today’s action in the spot gold market. Immediately on the NYCOMEX open gold surged from $1281 to $1292. What is sure to follow, as in the past, is a knock down to about the $1270 area. This playbook scenario has been repeated so often that it is becoming trite.
There has been a continued deterioration of web page downloads due to advertisements on finance.yahoo. This appears to be from a lack of consideration towards users as to whether these ads are presented in a timely fashion. Part of this could be due to an effort to drive users to brokerage outlets where ads are not such a drag on performance, but require a funded account to avoid the lengthy web page downloads. It’s just another way Wall Street is screwing the public that doesn’t wish to be forced into brokerage commitments.
Note that most of the ads are from brokerage firms whose ads are taking more time to download than in the past.
There is NO argument that Yahoo shouldn’t be presenting ads in order to provide access to financial info. The argument is a perceived attempt to downgrade performance to force users into brokerage accounts.
You’re the expert on options. They wouldn’t be traded here because price is too easily manipulated. But they do seem to have some predictive value.
As far as your claim that this particular option is ‘thinly” traded, it is a LEAP, and at this point has high open interest compared to what it probably will be a year from now (20,000?). That makes it particularly risky because it attracts manipulative interests on the writer side to have most of the interest expire valueless. As far as this sort of trade being “common”, the question should be “common” to whom?" And that is why it is suspicious. Note that the volume of 150 has again posted which may be an indication it is from a single source. This could be an indication of inside information on a potential buy-out of AUY; or maybe it’s just a dufus with more money than brains. Stay tuned.
AUY down today by 0.27%
Jan 2016 $20 Call up by 88.89%
Volume was 150, range was 0.17-0.18
Call price on June 2 was 0.09, volume data can’t be provided for that date.
Does somebody know something nobody else does and is trading on it illegally?
This type of trading has been seen in the distant past when Santa Fe International (SFI) was the subject of insider trading by Kuwaiti insiders, including connected “royal” family members and an accountant who was asked by a board member of SFI for tax advice on a large increase in value of the board member’s shares. Of course the Kuwaiti’s got away with the loot. The American based accountant wasn’t so lucky when he put 2 + 2 together and bought call options that would have made him a millionaire, except for the fact that he got caught. It just so happens that the accountant was an acquaintance of ours. He and his wife (also an accountant) got what they deserved. But it’s just another case where “important feriners” get treated like the corrupt un-sanctionable royalty they represent. So now you know how being treated “royally” places some on the same basis as “diplomats” with immunity from prosecution.
The case for SFI was easy to spot on a share price chart, which wasn’t as widely available until the advent of the Internet. Engineering and construction companies were in a downturn, yet SFI was exploding upwards.
On the other hand today option charts are still not widely available except through brokerage firms. Yahoo, for example, has a spot on their daily option quotes for historical prices, but chooses not to provide the chart in the space provided, leading to the suspicion that to do so would not provide cover for illicit trading activities.
Anyone who thinks this country runs on ‘the rule of law” doesn’t have a broad understanding of the meaning of the term and therefore is unlikely to understand the depth of the country’s corruption.
Your demeanor doesn’t match your beauty. It seems you need a BIG FAT KISS to turn your life around pretty lady. Come back and post again after you’ve had the experience. It might cause a sea change with others who will also note that love is much more powerful than hate. If you think this is off topic; no, it really isn’t. Real riches come in many forms, excluding the paper based ones, of course.
Remember! Don’t come back again until you’ve gotten a BIG FAT KISS.
Isn’t it interesting that Yahoo considers “#$%$” (NATCHY) a word that shouldn’t be displayed without a login profile that allows the use of “bad” words. Yahoo rule makers are more than a little bit creepy and twisted in their thinking.
See: “Gold And Silver: Debt Is Trouncing Precious Metals, For Now” by Michael Noonan
“What may not be as widely known is that the English Rothschild bank funded the North in America’s Civil War, while the French Rothschild bank funded the South. It did not matter who would win, the Rothschild’s were going to increase both their wealth and, more importantly for them, their influence in US politics. That had always been their primary objective.”
This is just one excerpt and is worth taking the time to read the rest. It represents how the misuse of a massive fortune, to garner even more wealth, is not anchored in any belief system based on humanity towards others. As such it is the Destroyer of everything in its path merely for personal gain by using the ability to fund national conflicts on both sides. There are many accounts of how Rothschild money, and those of their allies, which includes the Prescott Bush family, funded the #$%$ regime and that of the Bolsheviks (Rothschild interests) during WWI. Those who might want to call this anti-Semitic need to respond with facts of their own as these are not opinions. Of course this is Yahoo, which doesn’t allow simple links in order easily corroborate facts from credible sources. Why might that be, other than a mentality wishing to keep people in ignorance.
What this boils down to currently is the power to print un-backed currencies for whatever the “money trust” considers its objectives through its private central banking resources. This corrupts everything destroying the so called “free market” in the process, which relies on honest money. This sort of corruption is the perfect description of the urban definition of “filthy rich” in a contemporary context.
Western central banks are desperate for your PMs. They are taking the PM market down slowly (which is fine with Asia) with some minor upswings. Western banks for a number of years now have been transferring PMs to the East. Now they need to replace what they have discarded FROM YOU.
Previously it was though that perhaps $1200 gold and $19 silver might be a bottom, with the caveat that from that point upward the reversal would need to be apparent.
Remember, virtually ALL the PM newsletter writers have been wrong about the direction of that sector. It should make you wonder if it is incompetence or a secret alliance they have with the banksters using, of course, plausible deniability.
As stated from this screen name about 2 weeks ago, Peter Schiff penned the following: “The Belgian Connection”. Now Jim Willie has stated much the same in “BRICS Gold Source & Belgium Bulge”.
These findings are related to the take-down (manipulation, such as recent Barclay's revelations) of precious metals with central bank impending insolvency. They are attempting to drive down the PM market filling their coffers with YOUR PMs along with the same old siren song of gold as a “barbaric relic” worthy only of disposal before the price goes lower. All this should mean is that PM investors should be looking for an impending bottom in the PM market, taking advantage of the lower prices provided gold/silver investors. The only way this can be recognized is with a large uptick subsequent to a bottom that takes out overhead resistance. This will mean that relatively deep-pocket investors have come aboard and will not countenance losses the result of CB manipulation without serious lawsuits (perhaps as a class) combined with public exposure of CB wrong-doing.
Note, also, that major stock indices are moving upwards on declining volume, which is opposite to expectations of a long-term uptrend. The old refrain applies: “Bulls make money, bears make money but pigs get slaughtered”.
See: “The Belgian Connection” by Peter Schiff
This is just one of the ways that the Fed is hiding the facts by shifting its QE out of the country to give the impression that its buy-back of indebtedness is “tapering”. Williams mentions that he doesn’t see QE being “tapered”, but this is one of the known ways QE remains at current levels, despite claims to the contrary by the Fed’s monetary authorities.
Quantitative Easing raises the monetary base and adds to inflationary risks. Williams points out that the consumer is already tapped out and can’t spend, so he expects a downturn in the economy that soon will have to be widely acknowledged.
Don’t you just love these Princeton/Harvard/etc terms invented by banksters? These people need to occupy jail cells where they can no longer do harm. Courts should make the possibility that central bank leadership will NEVER again engage in this type of theft with PERMANENT solutions that will dissuade future bankster theft. That should extend back to all living Fed Chairmen/women along with dissolution of the Federal Reserve Act. Of course, short of a revolution and a return to Constitutional rule, it’s never going to happen. People, including Williams and Hunter, are too afraid to suggest appropriate sanctions on central bank board members and their allies in the corporate and political world. They are far from alone, in that regard. When the hammer finally falls and evidence of where guilt lies becomes widespread we need PERMANENT solutions, and not stop-gap measures that will only mean a return to business as usual in short order.
Again, I make this suggestion to those who have found interesting Internet posts. Don’t make your readers hunt for your suggested articles if you want as many as possible to access your suggestion. Merely provide the title, in quotes, so there is no question about what you are referring to. It works as well as a link.
See the latest post by P. Radomski titled: “Gold & Silver Trading Alert: Turnaround”
Unlike most other online editorialists in the PM sector, he appears to not be trying to pull people into PMs. Rather he is watching performance and underlying factors.
The list of those calling themselves “bulls” for the PM sector is very long. It seems that you have been pulled into their line of propaganda that mostly leads investors to get in too early. What we should want is for all investors to come on board just after a recognizable bottom takes place. That is the point where the possible destruction of central banks will take place and humankind will again experience prosperity, but of course not without central governments doing everything within their power to prevent it.
Too often the tired argument that fiat money is about to plunge to zero creates disappointment when it becomes obvious it is not happening, or not within a suggested time-frame. Yes. Fiat money will eventually have zero value. Being wrong about when that happens, on an individual basis, can be disastrous economically.
Trying to make a linkage between petroleum resource development, currencies and PM prices is tenuous to nearly non-existent in the short term. LEAD TIME is the main factor. At this point actual turn-key of the projects you’ve mentioned is far into the future. This is true of all resource related projects, including gold/silver mining, which require massive amounts of investment and related development over a number of years.
The case here’s we’ve got better things to do. How about you? You’re wasting a lot of time. Are you depending on Big Brother O’Bummer for your keep?