the perfect storm!
#11
Posted 20 February 2015 - 10:53 AM
raising rates in the last bull was bullish. it wasnt volkers continued raising of rates that killed the gold bull, it was the change of rules on the comex.
walmart raised their minimum wage to 9 an hour, wage inflation is part of the process.
the gann guy
http://www.ganngloba...82353f807d32bae
dharma
#12
Posted 20 February 2015 - 02:29 PM
http://www.bnn.ca/Vi...aspx?vid=554406
dharma
SGE Withdrawals 59 Tonnes in Week 6---YTD 374 Tonnes
Edited by dharma, 20 February 2015 - 02:30 PM.
#13
Posted 22 February 2015 - 10:50 AM
#14
Posted 23 February 2015 - 10:16 AM
#15
Posted 23 February 2015 - 11:39 AM
#16
Posted 24 February 2015 - 10:49 AM
well the libor was fixed the price in london was fixed so they changed the system. now the banks on the comex are under scrutiny http://www.wsj.com/a...tals-1424744801 changes will be made. but my guess is the lead markets will be shanghai and dubai for gold.
chinese on holiday all this week and the indians are awaiting their new budget on sat, hopefully wi/a lower gold tariff. indian wedding season begins soon.
this decline in gold has taken the shape of a falling wedge. i am looking for another leg up, and that should reveal, if it happens, where we are. the market is quite heavy, not unusal for wave 2, if that is where we are. as i think we are there
dharma
#17
Posted 24 February 2015 - 11:21 AM
Thank you dharma fo the "the comex are under scrutiny" alert.yes, according to the gann guy this cycle has stretched to being the longest and in some markets , close to it http://www.ganngloba...db367343bcfdff4 on the top of the page notice he has added more videos to support his case. tria and russ both give projections for the lows. i am looking for the pressure to be off by early summer.
well the libor was fixed the price in london was fixed so they changed the system. now the banks on the comex are under scrutiny http://www.wsj.com/a...tals-1424744801 changes will be made. but my guess is the lead markets will be shanghai and dubai for gold.
chinese on holiday all this week and the indians are awaiting their new budget on sat, hopefully wi/a lower gold tariff. indian wedding season begins soon.
this decline in gold has taken the shape of a falling wedge. i am looking for another leg up, and that should reveal, if it happens, where we are. the market is quite heavy, not unusal for wave 2, if that is where we are. as i think we are there
dharma
-tria
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
#18
Posted 25 February 2015 - 10:54 AM
dharma
this is a piece by tony robbins , not bad advice for investors http://www.oprah.com...ns-Tony-Robbins
#19
Posted 26 February 2015 - 11:06 AM
dharma
Edited by dharma, 26 February 2015 - 11:09 AM.
#20
Posted 26 February 2015 - 11:16 AM