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Jan
27
The Gold Price Broke out Above it's Downtrend Franklin
Sanders
The GOLD PRICE pushed aside the $1,705 resistance like
King Kong pushing down New York City streetlights, and sprang
clean to next resistance around $1,725. What more can you ask?
Gold has (1) broken out above its downtrend line from
September, and (2) traded above the 200, 50, 20, and now 150
day moving averages. Momentum hardly gets more unanimous than
that. Road for gold stretches out to $1,800. Someday will come
a correction, not too long looking at the RSI, but not before
gold makes more gains....
Jan
27
Tail Events, Isolation, New Normal Jim Willie
The USDollar might not be attacked on several front with
harsh assaults so much as it will be relegated into
irrelevance, as the USDollar will be ignored and left to
defend itself in the open fields where wolves and dragons roam
wild. Note the parallel to the COMEX, which as a market will
also be relegated into irrelevance, as the precious metals
will be traded elsewhere, in markets where private accounts
are not stolen. Entire Compliance Departments have forbidden
usage of the COMEX as of January, due to outlaws overrunning
the floors....
Jan
27
Bizarre Silver Open Interest
TF Metals Report
I don't even know where to begin! As you'll recall, I had
thought that the big rally last Friday would be proven to be
primarily EE short-covering. Instead, the OI numbers showed an
increase of over 2,300 contracts. Short-covering was prevalent
on Monday as silver rose 60 cents but OI fell by 1,400
contracts. Tuesday, as you know, was a push as OI and price
were basically unchanged. Yesterday, as we all saw, silver
exploded along with gold after the FOMC minutes were released.
With a Comex session gain of $1.15, I thought we'd see another
2000+ gain in OI. Instead, we saw a 500 contract decrease!...
Jan
27
Daily Report Harvey Organ
Gold closed up today for the second straight day to the
tune of $26.50 to finish the comex session at $1726.30. Silver
followed her older and wiser cousin by 61 cents to $33.70.
Today is options expiry so this day had saw some early
resistance from the bankers but not much. Gold and silver are
being viewed as a safe haven with all the noise of sovereign
defaults....
Jan
27
Broken Dollar Toby Conner
It has been my theory that this year we would see one of
the worst performances by the stock market since 2008. However
that has always been dependent on Bernanke not being able to
break the dollar's rally out of its three year cycle low. As
of this morning the dollar has printed a failed daily cycle.
More often than not a failed daily cycle is an indication that
an intermediate degree decline has begun....
Jan
27
Standing By a $140 Silver Price in 2012 Hubert Moolman
There are many indicators suggesting that we are close to
a point where silver might catch-up with gold, relative to its
1980 high, in a big way. My recent analysis of the gold/silver
ratio also seems to suggest this. So, as things stand, I
expect silver to outperform gold for most of this year, and I
stand by my target of at least $140 silver by the end of
2012....
Jan
27
Credit Crisis: Are We Set Up for The Perfect Storm? EWI
In this video
clip, taken from Robert Prechter's interview with The Mind of
Money, Prechter and host Douglass Lodmell discuss "real" money
vs the FIAT money system, and what is backing your dollars
under our current system. Enjoy this 4-minute clip and then
watch Prechter's full 54-minute interview.
Read More.
Jan
27
You won't go wrong just buying real metal on the dips J.S.
Kim
If one understands the possibility that all digital
credits in your bank and investment accounts could disappear
given the failure of a major global bank (an inevitable event,
it seems right now), then one should clearly understand that
owning physical gold and physical silver is not an
option but a necessity if you are to survive the second phase
of this global monetary crisis. Even if we are wrong about the
failure of digital financial products and fraudulent paper
derivatives in the future, we will still be right, as owning
physical gold and physical silver will continue to protect the
purchasing power of money as this monetary crisis deepens....
Jan
27
Rule - Monetary System is Based on Confidence, Fraud & Force
KingWorldNews
People need to remember we are in a credit crisis. The
world has lived beyond its means. At least the Western world
has lived beyond its means for twenty years. And what the
political class is desperately trying to do is keep that lie
together. The lie being that you get richer by spending, not
by working and saving. Understanding the contradiction in that
lie is very important in terms of protecting ones own standard
of living, while the standard of living of the society around
you declines. So these will be truly interesting times,
Eric....
Jan
26
The Gold Price Shot up to $1,712.85 in One Hour Franklin
Sanders
Ben has taken SILVER and GOLD nearly to the next level.
Now we've reached that $1,705 resistance I have been looking
for, and gold surmounted today its 150 DMA ($1,683.03). IF --
if -- gold punches through $1,705, the next big resistance
comes in $100 higher at at $1,805. I emphasize "if" because
today's news was as good as it gets for gold. This might have
been the final surge of the move off of $1,524 in December,
and it could correct from here for a week or two.....
Jan
26
Well, Alrighty Then TF Metals Report
Finally, some action similar to what I was looking for
this week. Thank you, Mr. Ben Bernank! For this post, I'll
dispense with all of the economic doom and gloom and
concentrate solely upon the technicals. I know that most of
you reading this are only looking numbers today anyway so,
here you go. First up, The Pig. Today is Primary Example and
Reason #1 why I never trade Forex. Just this morning, the POSX
looked to be recovering and headed to 81. Not anymore!...
Jan
26
Daily Report Harvey Organ
Gold closed up today by a rather large $33.60 to $1699.80.
Silver also responded in kind rising by $1.16 to $33.09. Gold
and silver responded with the FOMC announcement that zero rate
interest policy (ZIRP) will be with us for at least until 2013
and 2014. Gold and silver were down before the announcement,
but then jubilation erupted with the news sending all bourses
and commodities higher including the Dow....
Jan
26
Jim Sinclair - Mainstream Entities Will Now Enter Gold Market
KingWorldNews
Jan
26
Will Iran Kill the Petrodollar? Marin Katusa
Jan
26
Dreams Fading In American And Europe Bob Chapman
Jan
25
Mega Mine Project Makes
the Grade Marc Davis
Jan
25
No More Than a Correction Within an Uptrend Franklin
Sanders
Jan
25
Daily Report Harvey Organ
Jan
25
Paychecks, Perception, Propaganda and Power
BurningPlatform
Jan
25
Turk - Greek Default Imminent as Financial Crisis Propels Gold
KingWorldNews
Jan
25
In An Epic Crisis Strong Beats Smart Stewart Thomson
Jan
25
We’re Headed to a Point Where Gold Will Go Parabolic
KingWorldNews
Jan
24
Gold Price Reached my $1,680 Target and Should Now Rally
Franklin Sanders
Jan
24
Putting Monday In The Books TF Metals Report
Jan
24
When Will Silver Reach a New High? Andrey Dashkov
Jan
24
Exposing Silver Mythology, Part I Jeff Nielson
Jan
24
A Coming Great Global Angst Rick Mills
Jan
24
Von Greyerz - Gold Breaking Out, Will Hit New All-Time Highs
KingWorldNews
Jan
23
Market Video Chris Vermeulen
Jan
23
Buckle Up TF Metals Report
Jan
23
Inflation: The Only Tool Left Jim Willie
Jan
23
Anger Over Debt And Poor Governance Bob Chapman
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