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#201 dharma

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Posted 17 October 2014 - 03:19 PM

gold cot starting to look very troublesome as the sharks increase their gold shorts
the dollar is very lopsided for the commercials who are still looking for lower #s
http://news.goldseek.../1413574381.php
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#202 dharma

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Posted 18 October 2014 - 02:37 PM

i believe part of the reason for the shanghai gold market was to put the physical market front and center.in 13 chinese demand was about 8.5 tonnes a day. koos jansens figures debunks the fraudulent world gold councils #. since coming back from the new years holiday , the shanghai market has been delivering more gold 9.38 tonnes a day. it seems the commercials in the paper market are taking volatility and price appreciation out of the market. in the last bull, the commercials were a big winner. and when the price of silver moved against them, w/their cohorts they disallowed buying of silver. i watched cnbc yesterday. every analyst after the other was tripping over each other to call a bottom so far the decline was 8-10% normal is about 18% . if you put up a monthly chart going back to pre 99. there is a big megaphone or in elliott terms expanding triangle pattern. if that pattern holds sway, then the market could be in some deep do do the fed meets on the 28-29 we should hear the doves and hawks before the meeting adding volatility. i dont see a good bottom yet. crude oil is an economic barometer for economic activity. it seems demand is lackluster and price is under pressure. i dont see a good bottom there either. miners are the lowest valuations i have seen in 36 yrs of watching them and markets. and the hui as senor points out has set some kind of record w/7 down weeks in a row. looking forward to the swiss referendum on nov 30 dharma

#203 dharma

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Posted 18 October 2014 - 03:01 PM

this piece says the bottom is in http://www.financial...dex-rate-change
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