Loading ...as having tentacles in every nook and cranny of the market. Masters of deception and control of the markets. Seems like SLW sellers all dissipated today. Just think if they didn’t sell each rally off before bad news showed up.
If gold and the shares are going to bottom here’s a reason for it.
Ment … it’s the magic lips!
amazing
how a fed official or any one of them can move their gums for s living and still move these markets ..with out saying anything different .. a bearish last fed minutes still a bearish view only gummed by moving lips ….
talk about having the psyhcology of the market place locked in.
Maddog
Yep it looks like there’ll be no stopping it … not until the whole thing collapses.
Oh happy days
ipsofacto
Looks like the Fed will print forever and keep rates down……hyperinflation here we come.
gold just popped big!
PS Whoo Hoo! 
Richard640 @ 12:39
Maybe the minutes will help us? Hey it could happen …
Ororeef @ 12:38
Pakistan has had nuclear weapons for quite some time. I’m not sure that giving the OK to a nuclear exchange between India and Pakistan is a very good idea. For the health of the planet if not for the millions lost in the initial exchange.
Cheers
gold etfs–jnug–nugt etc bouncing just before FED minutes–is they a surprise-? cause even “bullish”
FED worths lately have caused no more than a 5 minute pop before being reversed….
Plunger Apocalyse NOW
A very well researched and thought out blog, It can be seen in full at Goldseek or FGC’s Gold Tent. Basically it says that there are 3 phases and we have now entered into Phase 3, the final and very shocking Capitulation Phase.
However there is a far worse capitulation scenario, imho. What if we appear to bottom in here right now. Gold and mining shares would appear to be spectacular bargains. Newsletter writers and analysts would say that the 3 year is over. People would breathe a collective sigh of relief. Institutions and hedge funds would pile in.
The last Int high began in early June and ended just 6 weeks later at $Gold 1340. What if we appear to climb out of this major bottom but it ends short of 1340…say 1300 or 1280,etc. That is a lower high and suggests that Gold would then slice below 1180 support like a hot knife through warm butter. The gold bugs remaining today have read all the forecasts of Gold 1050 or gold at 1000. They are somewhat emotionally steeled against that event. But, if this “final bottom” rises and then fails below 1340…All hell breaks out.
R640
Re sellers left.
my guess is there is a bigger problem, the Short Sellers, who never get told to borrow the Stock by the SEC. They can short PM stocks and buy the metal all day, as a spread. Yet never get told to borrow the stock.
So we are battling a limit less supply of stock and because it is the PM’s no-one does anything.
Ororeef
Tks for the info re Linux and Java….I keep getting out of date messages as well, but just ignore them…lucky I did.
I work on the basis, that even if something bad comes in via Java etc, it still won’t be set up to use Linux.
@ Richard 640 – the last bug gives up
Richard, I had to give a sick laugh – I can identify with that post.
but seriously, considering the market as a whole, the bugs cannot make up even a sliver of a %.
JPM spends that on lunches.
THis is very good=from G.E. forum=are there any more sellers left? a special class of long term investors who can be called upon to dump their shares at the most inappropriate moment. In a final liquidity
The Gold Bug- Providing raw fuel for Phase III.
“Phase III is not about hope it is about liquidation…Long term holders are forced to act in a bid to salvage what they have, unable to risk further declines and possibly end up retiring in poverty, the pain becomes too great, thus the selling orgy commences”. So could there possibly be any sellers left to power phase III lower?…yes unfortunately there are.
For metal stocks to drop another 20-50% from their current depressed levels there would have to be a renewed supply of “motivated sellers”. After the purging we have already seen to date, it would be fair to ask, are there any more sellers left? Could there still be enough sellers willing to provide the supply needed at much lower prices? With sentiment already this low hasn’t everyone who wants out, exited already? Well, the gold and silver market has been holding in reserve a special class of long term investors who can be called upon to dump their shares at the most inappropriate moment. In a final liquidity seeking event many will find the need to rid themselves of shares they swore to keep through thick and thin. Enter the goldbug-the raw fuel for a phase III.
Lloyd the goldbug- Raw fuel personified
Let me tell an anecdotal story of Lloyd, the gold bug. This summer while attending a mining investment conference I went on a mine visit. Lloyd, an attendee on our tour, was the quintessential goldbug. He was a friendly fellow who didn’t hesitate to tell me his opinion of the state of the world and its markets. Throughout the day I prodded Lloyd with questions and just let him talk, by the end of the day I had certainly gotten an earful. He covered the gambit of topics from FED money printing to market manipulation. Lloyd was quite certain he knew how this was all going to work out in a grand hyper-inflationary blow off which would carry gold and gold stocks to extraordinary levels. When I asked him how much lower metal stocks could go he assured me of two things. “Not much lower and I can guarantee you that once they bottom the price will rocket straight up to record highs.” It didn’t take me long to realize that three years into a bear market Lloyd was still “all in”. Lloyd was in his mid-60’s and just entering retirement. At some point during the afternoon he asked me if I would be interested in buying his undeveloped lot at Doug Casey’s Cafayate retreat. It became obvious to me that Lloyd was already “seeking liquidity” as I realized this was the kind of guy who is going to throw in the towel and sell whatever was liquid when phase III comes along. He was already nearing the end of his rope and he was the classic candidate that I described in my essay Phase III- Annihilation in the Precious metals markets where I stated: “Phase III is not about hope it is about liquidation…Long term holders are forced to act in a bid to salvage what they have, unable to risk further declines and possibly end up retiring in poverty, the pain becomes too great, thus the selling orgy commences”. So could there possibly be any sellers left to power phase III lower?…yes unfortunately there are.
we missed it!
yesterday was putin’s birthday!
happy b-day, vlad!
Ipso-loks like gold goes across the page until the FED minutes at 2 pm-even if they are gold friendly
I expect gold to initially drop to a new daily low–but I will be interested to see if gold closes above $1200 today….
Looks like some bull gold etfs are gonna start reverse splitting again like in 2013 if this keeps up
ipso facto @ 11:27 India Pakistan
some years ago,before 911 India wanted to NUKE Pakistan and US Stopped them …
None of this shit would be happening now if we didn’t interfere …none of it !
Critical decisions like firing McArthur after kicking N.Koreas ass …..
Stopping Patton from Kicking Russias Ass when we were the only Power with the BomB.
All Political decisions ….In McArthurs case Truman didn’t want to run against him in a future Presidential race, McArthur would have been a certain winner..North Korea wouldent exist…
Obummers Legacy
Isis,Ebola,Depression..
Those ebola deaths..the only safe disposal is burn the bodies here and in Africa ,those poor african grave diggers may just as well dig their own graves trying to handle bodies…WE should burn them also …Why Not ! Why be Stupid when they are dead…!
Just do it ! Why risk innocent lives ?
LOL “straight to hell”
“Female Kurdish fighters ignite fear into Islamic State militants, who believe that they’ll go straight to hell if they are killed by a woman. RT travelled to Iraqi-Syrian border to meet the YPG, the female battalion fighting IS.”
If we declared war on ISIS
we could just shoot them,instead of make work for Lawyers..
They are killers ,thats why there here,shoot them.
The message would go out fast….
ment17
Well … if you see one cockroach in your house …
ipso facto @ 11:37 on October 8, 2014
arrested crossing border
arrested as others walk across…. or saunter across..
how about the rest of unsecured border ..
Swell
10 ISIS Fighters Arrested Crossing Southern Border