“Sometimes when you talk to yourself, you're talking to the only other intelligent person in the room.“
HeHeHe. That’s a good one.
It was thought that was a mark of intelligence until it was observed that there was a cell phone attached to the ear.
“My schizo life aside...”
Dr. Thomas S. Szasz
"If you talk to God, you are praying;
If God talks to you, you have schizophrenia."
One other comment needs to be made here.
Because of this large last minute uptick (GoldPrice website), which implies that ONLY those in a position to manipulate are responsible, it might suggest that there will be a large manipulative downdraft on Monday to pry some more PM sector investments out of the hands of the unwary at a lower prices, and the cycle continues.
The chart could indicate this uptick took place either in New York OR Australia.
Hopefully this is just the beginning of a continuation to higher prices, but this looks somewhat suspicious (too good to be true). A downdraft might be expected to take place at mid-session New York, as it has in the past.
This shows on the Gold Price website chart. PM share prices not able to reflect this as markets closed. Does anyone know what this might be about?
Also the DJI ended up moderatively positive, but the NYSE was moderatively negative. The McClellan Oscillator (Ratio Adjusted) is continuing downward trend towards zero. This appears as desperation coming out of somewhere.
This Youtube was found from an earlier post by Globalau73. We hope Global is still around as he hasn’t posted for quite a while.
The title of the youtube is: “Glenn Beck Exposes the Private Fed; Gets Fired by Fox”. Put this in the phrase box of your browser and you’ll find it.
The fact that Glenn Beck got fired over this shows that the Fed STILL controls ALL mass media outlets, including those that in the minds of many are “conservative” news outlets.
How long will it be till mass media outlets will have to capitulate and establish their autonomy over the banksters that control them?
Americans are great at the practice of stigmatization, but seem unable/unwilling to do so over the criminal behavior of large financial institutions and the criminals who manage them (think Jon Corzine). Isn’t that supposed to be the purpose of stigmatizing, to show public disapproval of aberrant behavior, which certainly the mega-banks are engaging in? Apparently fear of the “big fish” eating them is the reason, which does show a massive yellow streak in the collective spine of the population. Of course most on this message board would distance themselves as being “yellow”, but they are a tiny subset of the overall population, which is a problem when it comes to a correction to the pathway to perdition we are currently following.
By the way, has anybody found anything on the Internet about an audit of how much gold is in Fort Knox? Please post your source.
Are you saying that downward PM price manipulation is no longer possible? Have the central banks and their allied interests lost control? It seems you forgot the big “IF” statement within the source you cited and instead relied on message board posters. There is far too much of the subjunctive mood within the article to arrive at your conclusion.
It would seem, from the vantage point here, which we have enough near term history to be very cautious about, that claiming the downward course of PM pricing has ended lacks certainty. When worldwide governments allied with central banks and large corporations, dependent on fiat money, control currency output and other related levers, how can it be said with any certainty that those methods have become impotent? HFT (High Frequency Trading) places those who oppose criminal manipulators of market pricing at a distinct disadvantage, especially when “regulators” are part of the scam. When the cops fail to act it is up to people to protect themselves with a cautious approach.
The opinion here would be to wait for definite upticks in PM sector prices before committing limited funds lest more manipulative downdrafts lead to the conclusion, “Darn! We should have waited.” The more who successfully pick bottoms, the better the chances are we can have these criminals tried and sent to jail, or have them granted more severe penalties through the courts here. We don’t want to continue to have more Jon Corzine’s breaking the law with no consequences. What other countries do is up to them when the pent up anger of their populations explodes.
Permanent solutions are the best course of action, which means most people successfully buy in at the bottom of the PM sector, and are not misled into jumping in too soon.
The reason “Hapiwondrer” posts are reflected at other sources is that we try not to express opinions without first finding from others who appear to be “experts” what their opinions are. Unfortunately, because of Yahoo’s constraints on providing links the source for opinions given here provides an extra level of difficulty to those who won’t use their browsers when titles are provided to information sources.
Consequently the effort to dispel ignorance is quite a difficult road to follow. It does seem that Yahoo’s “white listings” are to keep ignorance intact, rather than to dispel it. That would seem to follow if you observe Yahoo’s top management political leanings, which are liberal and left leaning per sources stating where their large political contributions go. This seems to be a contemporary theme throughout all American corporations, and explains the diminishing numbers of those considered “middle class” as they have been the source of funding for the “too big to fail” as their losses are socialized.
Of course this is definitely an on topic opinion because PMs remain the only saving grace for elitist plunder.
Remember. You aren’t dealing with the Creator here. It’s more like Lucifer and Lucifer is more likely to destroy the expectations of those who take literally Fibonacci numbers than to reflect the direction you expect.
MT appears to be a follower of Pythagoras, and Pythagoras merely took the findings of his predecessors and claimed them as his own. MT is not a philosophical pioneer any more than Fibonacci was one in the field of mathematics.
Perhaps you’d do better reading Shakespeare who wrote in Hamlet, “... There are more things in heaven and earth, Horatio, than are dreamt of in your philosophy. ...”
You’ve got some really creepy interests (Michael Tsarion). Apparently it goes along with the Fibonacci territory you put so much faith in. A look at the youtube titles displayed told the story.
Take a suggestion and only follow documented and time honored facts.
It appears that many disagree with you. You seem to be a day trader. Others of us consider PMs to be insurance against catastrophic currency events that will come unannounced due to the criminals within the central banking systems worldwide. As previously stated they should be regarded as treasonous by the citizens of any countries where they operate as private central banks under government auspice.
The price action in PMs today seems to be indicating that there are forces driving down the price in Asia, in China in particular. Just look at today’s Kitco chart. Could it be that this is payola to appease the Chinese because they own so much of this country’s debt and are 'losing their shirts" as a consequence? This has been happening for some time, not just today.
It is no secret that Rothschild interests have established a presence in Asia and since this country’s founding have opposed the freedom we were granted by our Founders expanded over time to include all of us. Of course this opposition was to establish bankster hegemony here in which the downward spiral of living standards has pointed to their success in so doing. As previously stated there are few of our political representatives that are mounting a credible effort to reverse this.
Getting out of the conspiracy mode, unless India is a willing ally with the banksters, it could be that India’s recent taxation and restrictions on PM purchases are a factor. Black market operations in the PM sector have ballooned as a result there.
It should now be clear that criminality in the central banks, and their political, mass media and corporate allies is nearly complete. Simply look at the charts for PMs. The manipulation is so obvious that those looking at them, unless their body is at room temperature, can easily spot it. That is why charts, cycles, Fibonacci prognostications, etc. are virtually worthless. Instead what needs to be considered is the following.
Let’s say you the reader of this message are of a grand criminal mindset and a policy maker within the central banking network. You and your compatriots have brought the PM markets slowly downwards and currently have it in a holding pattern, watching carefully the volume in the retail PM sector. Your objective is the protection of fiat money while also operating in virtual PM mining mode (creating PM price downdrafts to shake loose more PMs and dissuading entry from the hands of as many small investors as possible into your own and those allied with you). You hold all the controls to price direction using things like HFT (computerized High Frequency Trading). What will be your next move?
Since this threatens the very existence of the country, and other representative democracies around the globe, the outcome should rightly be called treason, and those engaging in it are traitors by any lawful standard. We do have laws to deal with our enemies, despite the pin striped suits and central bankers bloviating to deceive, but recent history makes clear they will not be used by those we’ve elected to represent us nor the mass media devoid of honest journalists. It will take widespread understanding amidst populations that their very lives are dependent on honest exchange mediums uncorrupted by bankster criminality.
See: “The Book That Beat The Fed” by Richard Daughty
Just place the title in your browser and you'll find it.
You don’t often see someone publicly stating what should be done with Alan Greenspan and Ben Bernanke. It goes beyond what the OWS protests displayed. This piece pulls no punches concerning their fate.
This writer has authored a number of pieces on well respected publications, including Barrons, The Daily Reckoning and other lesser known websites.
The gold/silver ratio may be telling a different story. RSI looks like it may go positive. There are 2 different ways to interpret this. Either both will go price positive, with gold gaining more, or gold will lose with silver losing more. The near term likelihood remains with the RSI going positive. Gold has hit a near term double bottom and just gone RSI positive.
Here it is believed that the bankster gang will NEVER allow gains in PMs, as long as they are capable of doing so through their criminally illegal HFT trading tactics. The bottom is when, like all historical attempts at conning populations with fake money, they lose control. When that happens, those identified as being perpetrators need to experience the ultimate sentence for all whom they have brought poverty and premature death upon. Of course this assumes court decisions, which is probably wishful thinking when observing current governmental corruption.
So where do you think things are headed, Robin? And, no, Michael Moore would not be the production head of “Goldfinger, Part 2”. Even he is too “chicken” for that.
Here occasionally a stock market pumper named Rick Edelman is listened to. As usual he is pumping the upward and onward progression of the Dow. As the Dow hits its nadir in the near future he’ll be saying the same. His previous prediction was a Dow of 30,000. The lemmings are being led to mass suicide, like the “marching morons” that they are from perspectives here.
Or has the claim of “barbaric relic” been confirmed? Tomorrow we might see yet more confirmation of the banksters’ virtual PM mining operations from the hands of others.
Oh, and by the way, it seems the moron heading Yahoo takes umbrage at the mention of #$%$ Galore”, the James Bond “Goldfinger” character. Ian Fleming must be rolling over in his grave with laughter.
There is definitely going to be a changing of the guard one fine day. For example, the Italians saw many of their elite in rags without shelter following WWII, their castles occupied by the nouveau riche.
Thanks for your input. Numbers used were net and not gross. Federal and state gross weight trucking laws are involved and differ.
A quote from one source says: “Maximum allowable weight by law is 80,000 lbs. The average weight of tractor and dry van combined empty weight is approximately 30,000 lbs. So, 50,000 lbs or less is the average load.” That figures out to: (115,000,000 Troy ounces / (14.8 Troy ounces / 16 avoirdupois ounces) = 124,000,000 a.o. That would be 124,000,000 a.o. / (16 a.o. /lb) = 7,750,000 lb.
The total length, bumper to bumper would be according to the following information:
“…a dry van trailer usually is 53 long, …“ The tractor-trailer combination is typically, according to Oregon law: “60 feet overall, with a maximum 53-foot semi-trailer”. A dual configuration would be 113 ft long with a load carrying capacity of 100,000 lbs. So that would require 78 truck tractors with 2 trailers, bumper to bumper for a total length of 8,814 ft. If traveling at max highway speeds of 50 mph at 5 truck lengths between, or 565 ft (totaling 678 ft rear of rig to rear of next rit) the convoy would be 53,449 ft long, or a bit over 10 miles long. Secrecy would require after dark travel.
This could be the subject of an interesting movie titled “Goldfinger, Part2”, complete with bad guys. The problem would be the characterization of banksters therein who would never allow the seed money to produce it because it might awaken the unwashed masses to the scam of this and other governments’ counterfeit monies. Maybe that could be overcome with another rendition of #$%$ Galore as box office allure. Unfortunately for Goldfinger the convoy could be only a decoy with a secret inexpensive alloy imitating silver with nearly the same specific gravity of 10.7 and similar other properties. As the plot ends the population goes wild and starts buying real silver like crazy as they have awakened from their long lingering ignorance.
To put the above number in perspective for silver weighing 115,000,000 ounces, it would require 109 tractor trailers with a net load capacity of 33,000 lbs, if this amount of silver was to be moved to another location at a max allowable highway speed of 50 mph in a tandem configuration. Of course that would require a battle tank in the front and back of the convoy and a number of armed conflict ready private security guards in the procession with a secret and unspecified transport mode for ocean crossing destinations in fulfillment of Germany’s and other countries’ repatriation requests.
If anyone has more efficient transport numbers to move the aforementioned loads, please do provide your numbers. JPM will be eternally grateful, as will be their recipients.
Of course if you can figure a way that JPM can, as the Brits have done, pay in electronic fiat money the task will be MUCH easier and in line with JPM’s business model in cahoots with Rothschild interests, the Fed, most politicians, mega-corporations, mass media, mainstream economists and government regulators.
Don’t anyone let Wiki-Leaks get wind of the final plan as reporters will be lining routes to the destination. We wouldn’t want the populace to get it through their noggins what real money consists of as their brain-washed acceptance of fiat money has become enormously successful.
The question is posed to avoid even more retail PM investors from being taken to the cleaners for perhaps the last time. On the other hand is this the start of a long awaited upward trend.
Perhaps the answer is in the following.
See: “2013 – The Year of JPMorgan” by Ted Butler (Just put the title in your browser. Link not supplied to avoid the Mayer censorship algorithm.)
Butler writes, “…The next standout feature to this year’s historic $450 (28%) decline in the price of gold and the $10.50 (35%) decline in silver is in the specific manner of the decline. The vast majority of the total price decline in gold and silver occurred within several days; two days in April (when gold fell $200 and silver by $5) and a few days in June (when gold fell another $150 and silver another $3). The price record clearly shows that the major damage of the worst year in gold and silver history transpired over a handful of days, something never witnessed before in gold, but occurring before in silver (twice in 2011). It wasn’t just that gold and silver declined dramatically in 2013, but the nature of the decline. …”
What small investors should be asking themselves is; is this the last hurrah to pry more from the hands of PM retail investors”? Is this just another JPM PM head fake? As Butler put it, “…The only question is how the heck did these crooks pull it off? Specifically, how was JPMorgan able to buy so much COMEX gold and silver as prices plunged? Normally, one would think the net purchase of 150,000 COMEX gold contracts (15 million oz) and 23,000 COMEX silver contracts (115 million oz) by the US’s largest bank would cause prices to soar. That would usually be the case, except for one other fact – JPMorgan and other collusive traders have come to control the price mechanism on the COMEX, thru high frequency trading (HFT), spoofing and other illegal computer trading means. …”
Is another plunge on the way after this run-up? Just Wondrering.
There is a lot of bearish sentiment in the PM markets. They have been going down since the 3rd quarter of 2011.
See Mary Anne & Pamela Aden’s article titled, “Optimist Or Pessimist?...Gold Is Telling A Story”. These PM gurus have sucked a lot of people into this sector near the top.
Near the end they state, “…But, if gold now stays below $1330 and falls below $1180, this B decline is off, and the bear will clearly take over. We could then see $1000 gold, eventually.”
They, and others like them, are part of the central banking cabal in the way their prognostications disadvantage all but the elite. They previously implied continuing gains without any consideration of the ability of central and bullion banks taking measures to support the worldwide fiat money monsters through derivatives to suppress prices in the PM sector.
We are living in dangerous times. The more manipulation that takes place in the PM sector, the more the likelihood of serious economic events that can’t be overcome by yet more fiat money. Such events will be accompanied by bail-ins, which of course TARP was, all be it with much less transparency than what took place in Cyprus. The likelihood of accompanying high inflation will be very real at that point.
We haven’t hit bottom yet. “The bottom” is where smart investors should start using up their dry powder. That is what the elite will do whose decisions should not be confused with what central banks do. The banks typically capitulate at bottoms with the suspicion that the capitulation finds its way into the pockets of the super-rich. The common folk’s lot in life is to bail out the corporate and financial industry with higher taxes and the hidden tax of inflation.
Do your own due diligence. Ignore those who continually paint a rosy picture about the direction of PM prices on this and other PM message boards, both present and past. Just remember that, if you apply yourself, you are as capable as those with a lot of notoriety.
“Normal”, unfortunately is a relative term bringing about the slippery slope that has led to the massive financial frauds we are currently experiencing. What wasn’t normal some time ago has currently become “normal”. It has become so “normal” that Eric Holder refuses to indict the mega banks for the fraud they have been engaging in due to what he says would bring about economic catastrophe. That, by the way, is the same argument threatened by Nicolas Biddle when President Andrew Jackson stated he would see to it the charter of the 2nd Bank of the US (the forerunner of the Federal Reserve) was not renewed, which he succeeded in doing. When the government replaced the Glass-Steagal Act it allowed commercial banks to operate like investment banks, thus becoming casinos with their depositors’ and the publics’ money. This should NOT be considered “normal”.
The word “normal” has become the most overused word in the American lexicon.
It is obvious that we are headed for a fascist dictatorship brought into being by future “normal” events.