38 replies to this topic

[dharma]

well this could get interesting . friday is 1st delivery notice
http://blog.milesfra...-being-cornered
dharma

[dharma]

gofo is widening and negative out to 6 months=spot gold is very dear now i had assumed that this was in anticipation of the swiss referendum, but maybe something else is in play? dharma

[tomterrific14]

http://news.goldseek.../1416889342.php

[dharma]

interesting that opec meets on thanksgiving day. obviously there will be volatility based on the opec decision. if they cut production then price will rise causing more tar sands and fracking. so, it will be self defeating. if they dont cut then the price will continue down. they are between a rock and a hard place. i dont think much comes out of this meeting
the swiss referendum is coming up and a key guy has finally come out w/a statement http://goldsilverwor...rom-the-debate/
the banksters are going full out w/their view point, which is having 20% gold will limit their ability to function. the article really puts that in perspective
its not a favorable policy for the average swiss family. of course propaganda weighs heavily on the truth
gold is overbought here, i look for a pullback, then another leg, we are spinning our wheels in this 1200 area. the bears have dug in. and there isnt a major catalyst @this time.
i do think the miners are way oversold and will continue being accumulated
dharma

[dharma]

elizabeth warren questions dudley the ny fed head https://www.youtube....p;v=NP8LaWe_1SI
dharma

[dharma]

happy thanksgiving! we have alot to be thankful for miners are dirt cheap they do offer great value, i believe that is why in most circumstances they bottom 1st . there are value oriented investors out there! oil producers are between a rock and a hard place. layoffs are the least of the problems for the industry. and most producers count on oil revenues to keep their bills and economies afloat. nothing done by opec will cause many problems on many fronts. dharma

[dharma]

now france is wanting to call in its gold. if its a barbaric relic then why is everyone clamoring for their gold? dharma

[dharma]

this from india http://www.graceland...014nov26in1.PNG
and this brought to you by the vampire squid http://www.graceland...14nov26fix1.PNG
dharma
france shares a border w/switzerland. they have requested a return of their gold.
what will the swiss voters do
i have this down move continuing until the 3rd

[dharma]

marty is warming up to gold http://armstrongecon...gold-a-revival/
lower oil prices.
will improve the indian economy, reducing their current account deficit
and put more money in indian hands
it will also lower mining costs. i do expect the miners to bottom before
the metal
dharma
next up the swiss vote. while i expect a no, you just never know the swiss
have remained fiercely independent and through 2 world wars
dharma

[dharma]

its a no vote for switzerland dharma