Sold the last of my physical.
I’m not a gold bug anymore. Not even one ounce of me.
Tired of the cult.
Tired of being a social malcontent.
Tired of clinging to a tired financial ideology.
14 years.
What a ride.
buy and hold .. how quant and out of the playbox of the traders .. they are paying the full tax load on their quick trades ..
and here your up 42% with no tax burden as your sell point will be a 15% long term
good work silverngold .. bottom in months ago..
Everybody seems to be waiting for the bottom but the bottom in silver and gold has been in since June 2013 with a retest in December 2013.
As of today gold is 6% off its bottom and silver is 4.5% off its bottom.
The bottom in the HUI has been in since December 2013 and as of today’s close it is up 17% from its bottom.
My buy and hold core portfolio, which consists mainly of Sentry Select Primary and Precious Metals funds, is up 42% from its lows in December 2013.
So the bottom has been in for 9 months, long enough to make and deliver a baby, but instead of awaiting the birth of the baby everybody is still awaiting the bottom. LOL!!! No wonder nobody can hear the fat lady sing. She sang back in December 2013 but nobody was listening.
So here again are my calls: Gold $2300 by November 2015; Silver $51.50 by November 2015; HUI 1,000 by November 2015.
What is going to light the fuse to accomplish those PO’s?? No clue, but I’ll be riding in the rocket, not left behind wondering when the bottom is in. LOL!! Best of Luck to All. Silverngold
it’s happened 621 times in the past 3 years.
Virtually every evening for the last 3 years at precisely 6:00 PM EST something very odd has happened: Comex silver offers swamped the bids to the tune of a 3-10 cent decline. For this to happen for three consecutive weeks would be strange. If it were to happen for three straight months it would be bizarre. MOAMOPE can only describe when it occurs for three straight years. It’s a veritable Algopalooza! Silver has had a near-iron clamp imposed on it commencing with the access trade reopen. How severe is this iron clamp? From September 1, 2011 to the present, 621 out of the 744 6:00 PM access trade opens have been lower. All manipulation denialists take note: that’s an astounding 83.5%.
thanks for posting the little cheer ..
Harvey Organ flat out stated that by the end of 2014, gold and silver will be bid to $10,000 and $200 per ounce respectively…..
if that is the case would not the gold market start to factor in the move .. seeing how the stock market is a true indication of the state of the gold market ..and according to the TA guys ..TA rules
so we drift on down some more .. have a brief spike into the 1370’s or their about,,,, then a brief deflation scare after that then a new low before the train leaves the station for the tenth time lol
but also in the mix is Bo and his Elliott wave .. now Harvey and the no gold or silver camp in a few months ..metals go no bid and scream to the highs .. with security people in black boots covering the coin shops
gold will not do much until the big boys are ready to move this thing for their benefeit…even though the other powers are buying gold by the train load .. it does not effect the paper supply as paper is abundant and the traders jimmy that dog every day..
what…. 100 oz of paper now to offset 1 oz of real ..
paper on paper .. rock, sissors, paper lol
Harvey Organ flat out stated that by the end of 2014, gold and silver will be bid to $10,000 and $200 per ounce respectively.
This because the west will have disengorged all its available (and cheap) physical, and will default on contracts still owed to China.
He says China will reveal its inventory, and put out high bids to buy gold from any seller, which of course will raise the price of all gold and silver in the world–including their own.
Assuming Harvey is correct, and he well may be, it surely ties in with the fast-track activities of the military/industrial complex in Syria, Libya, Ukraine, Iraq, etc.
It also explains their sudden discovery and recognition of ISIS as the greatest threat to Americans EVER! Never mind that ISIS is a ragtag bunch; they have been armed and led by the CIA, so indeed, they are likely to become the trigger to the next big event–which will usher in martial law, and allow Obama to make all sorts of new rules, including those to restrict PMs in some way.
The power elite are seeing their control and power seep away. They cannot let go of gold/silver prices until the bitter end. At that point, the DHS, DOJ, Social Security Admin., and Post Offices will uncase their guns to help enforce the new martial “emergency” law the bankers need to maintain control of wealth and power.
I do sincerely hope you’ve hit some sort of bottom.
Silver officially has now opened down 92 of the last 96 pm access days. Amazingly manipulated.
New day tomorrow, hopefully different from all the other days.
I will not only sing the Fat Lady Song but, will dedicate it to you. This shall be fun with rotten tomatoes and stuff being thrown on stage and probably for good reason.However with all the poor forecasts that you have digested, perhaps one more won’t hurt. That’s really how EGO lacking I am. Call it out and duck the eggs! And I do call it out, right or wrong as you see it .So ,l don’t like these odds but, will call this bottom out just for you! What the heck…if you’ve got it then go for it! Next time please give me an easier target.
yes please sing the fat lady song .. when the time is right
gold eeeeeeeeee ha
Armstrong and the bottom in gold
A lot of people have asked WHEN? Because this report is very extensive covering gold and silver in each currency with the appropriate arrays, trading models, and reversals, its size is far bigger than what we have normally published electronically in PDFs. This is nearly 400 pages so we have decided that we will PRINT this in a book format. We will take orders shortly, but this will need to be mailed to all clients.
Thanks for the good luck wishes; I need ’em:)
No guru here .. I just throw out a few crumbs now and then; if the birds don’t eat them, some sprout and grow. Learned that from guys like Sinclair – buy into weakness – sell into strength.
I figure with so many RSI,s draggin’ in the dirt,
a little crumb tossing wouldn’t hirt.
This tiny url goes to StockCharts candleglance.
sure the bottom will come .. but it will throw many off the truck ,, the gold move does not want us rift raff hanging on for the ride
the bottom is in as been banded around for some time .. so far all calls have just put egg all over face .of the caller
the large anti gold or anti gold right now folks seem to be in charge and chuckling
yes chuckling and in charge
,,
Good for you. No clue if you bought the absolute bottom but probably damn close. Hard to say what sentiment means in the pm sector, sentiment is bruised and battered. Be surprised if we get a rally from here but stranger things have happened.
I wish you well, if you’ve marked the bottom you’ll be the new Oasis guru!
Not GDX bottom yet…this is death by a thousand cuts. September great month for $gold being completely smashed….and they are not done yet. This move is about 70% over ( in stocks)but, the pain continues. When this down move is over I hope to bring out the Fat Lady and say this is over. Haven’t trotted the old Gal out for years now…since I saw manipulation being done in so much over drive. Going to do it again. Odds well against me but, track record good.
Can they stop it with a paper dam ?
when the Dollar has topped ? The VIX is giving “BUY” the Fear signals.Its time to be afraid,! Gold &Silver stocks not quite turned up yet ? The leaders of G&Silver like the FUNDS and Royalties are NOT giving “buy” signals yet.The Stock shake out is going to be un -nerving for all investers.
Its going to be the Obama Crash that causes the establishment to lose ALL credability ,if they have any left ! KEEP your Powder DRY…Dont fire till you see the whites of their eyes ! Make every shot count !
Every gold dollar you have left will be free of debt and will have purchase power 10 times what it had before.
Good people are out there ! They will make themselves known when these communists are completely discredited and they will taken out feet first……
All Indexes are giving top signals like ($NYAD) …Don’t fight the Seasonal charts ,leave that for the Fed..The Season will not be denied even if it can be condensed into a shorter violent time frame.
WE can learn from Putin..he moves when he knows the Russian Winter will strengthen his bargaining power.It defeated Napoleon and Hitler and will defeat Obamas GAS rhetoric in Ukraine .Russia will again be our ally .Obamas Chief Criminal Foreign Policy advisor Brzezinski need to go ,He, a war monger looking for Polish Revenge ! We are not Polands ARMY ! Its all connected ! Be Patient its September ya Know !
Looking at this monthly picture of commodity index, seems to me that if the 50% retracement doesn’t hold, things could get fugly. 50% retrace is about 500 which has been tested many times.
Chart comes from here: http://chartingyourfutures.com/historicworksheet.htm
BOTTOM, Again! Any measure you find, says BOTTOM. IF the War on all things NOT U$Dollar, continues, then it must be, IMO, that with No Gold to suppress the futures, those with lots of Fiat Dollars, can literally flood the markets with Fiat Driven Selling to drive down any PM Complex issue to sow fear!!!
yes you may be on to something on physical… most will sell at low buy at highs ..
may be a strong buy signal … time will tell
a post on gold tent shows it may be time to buy
Sold the last of my physical.
I’m not a gold bug anymore. Not even one ounce of me.
Tired of the cult.
Tired of being a social malcontent.
Tired of clinging to a tired financial ideology.
14 years.
What a ride.
I get really excited to buy phiz at discounted prices. But I hate jumping in early
Gold | 09/10/2014 | 17:01 | 1249.00 | 1250.50 | -6.25 | -0.50% | 1243.95 | 1257.98 |
Silver | 09/10/2014 | 17:01 | 18.92 | 19.02 |
good eye ,, yes charts from a while ago to show that the calls were probably off a whole lot ..
sometimes because of the time lapse between the call and the reality .folks forget and go on to the next year,, and forget about any bad calls but hold to the one or two that may be right until the next one ,,. cycles are a wonderful thing ..
but hard to call.. and cycles theory sounds so good,, … the study of cycles and the Elliott wave and the false signals ..
when gold s goes down it is a cycle,, when it goes up another cycle …cycle here cycle there..
we are now at the bottom of a cycle lol
the gold show goes on…..
..
“Okay, Hulbert’s HGNSI is on board the contrary theme as well. That only reinforces matters. Gold trend followers are now hyper bearish, which is good because this is one sector you buy when it is reviled, not cheered for.”
http://biiwii.com/wordpress/2014/09/10/sentiment-shifting-gold-bugs/