i forgot to include this piece it is significant . http://finance.yahoo...-210759228.html
jaitley was a big supporter of modi in the elections. siding w/raj is a win for the good guys
http://www.zerohedge.com/.../gold-...als-fed-vault...
dharma
something new!
Started by
dharma
, Apr 02 2015 11:30 AM
87 replies to this topic
#62
dharma
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Posted 08 May 2015 - 11:23 AM
well the jobs report sent the market skyward. of course almost any news sets the stockmarket skyward. to me it means the upside is not done. in the 10yr cycle , year 5 is bullish.
as for the metals , going down is a struggle. going up is a struggle. its time has not come. gotta be patient.
the parabolic and gaps down in the dollar , give it the look of a blow off top. the sharks are very short and have been .
some info on silver https://firstlook.or...ecords-illegal/
well i see folks are again calling for jaitley to lower the tariffs on gold. my guess is he will only lower the tariffs when put in a full nelson. @10% the mafia has lots of room to sell and make a good return the indian market will remain under his thumb . which he used to poke the eyes of investors in the indian stock market , which took it on the chin as a result of jaitley putting taxes on foreign investors. this after he said that he would not do that. so they fled
are u looking for free markets. ?
@one time gold followed the increase in money supply , today it is far behind the global printing scam. yes, i am well aare velocity of money is sinking.
i am still firmly in the stagflation camp.
dharma
as for the metals , going down is a struggle. going up is a struggle. its time has not come. gotta be patient.
the parabolic and gaps down in the dollar , give it the look of a blow off top. the sharks are very short and have been .
some info on silver https://firstlook.or...ecords-illegal/
well i see folks are again calling for jaitley to lower the tariffs on gold. my guess is he will only lower the tariffs when put in a full nelson. @10% the mafia has lots of room to sell and make a good return the indian market will remain under his thumb . which he used to poke the eyes of investors in the indian stock market , which took it on the chin as a result of jaitley putting taxes on foreign investors. this after he said that he would not do that. so they fled
are u looking for free markets. ?
@one time gold followed the increase in money supply , today it is far behind the global printing scam. yes, i am well aare velocity of money is sinking.
i am still firmly in the stagflation camp.
dharma
#63
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Posted 08 May 2015 - 02:02 PM
well this guy is saying the sharks are now long the pms
http://kingworldnews...es-set-to-soar/
dharma
http://kingworldnews...es-set-to-soar/
dharma
#64
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Posted 08 May 2015 - 02:37 PM
cots
http://news.goldseek.../1431113490.php
gold cots look much better. the sharks are still significantly short the dollar, though they have been covering shorts as you would expect
dhrma
http://news.goldseek.../1431113490.php
gold cots look much better. the sharks are still significantly short the dollar, though they have been covering shorts as you would expect
dhrma
#65
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Posted 11 May 2015 - 10:00 AM
on the previous page i posted sentiment readings.
the sentiment for gold is pressing the lowest sentiment readings recorded in 13
to me it is in the ripe space for a change in trend.
couple that w/ miners being stronger then the metal and u have the makings of a significant bottom
june/july is the seasonal weak time of year. so i am not getting aggressive .............yet.
"The downward trend on interest rate is set to continue, with more rate cuts on the way, said analysts, amid the central bank's move to slash financing cost and shore up the economy. Haitong Securities, the country's second-largest brokerage, expects there will be at least another four rate cuts in the future." - China Daily News, May 11, 2015
indias gdp growth is around 8% , and their interest rates are around 8%
some of the large miners are leading
dharma
#66
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Posted 12 May 2015 - 09:46 AM
rising interest rates in the last bull was bullish . volker had to raise rates into the stratosphere.
i am watching velocity of money, which has declined and is still declining. banks are not lending money because it is not that profitable for them , rising rates could change that. reminder i am in the stagflation camp.
this is a critical time , w/the miners leading on the upside. every important bottom that has occurred in this sector since 99 has happened w/the miners leading.
i am looking for a low, higher or lower over the next couple of months.
http://www.graceland...may12india1.png i will believe this when it happens. the mafia has wiggle room w/10% duty so far modi has shown little for upsetting the apple cart. jaitley scared off investors in india.
now this will happen http://www.graceland...15may12fix1.png
the large miners, some have bottoming patterns. even abx, which i dont trust the management have inverse h&s patterns. that need to get above the neckline
there are several possibilities here for the dollar, @ some point ( i do think the dollar has topped. , it will have a wave 2 up and that could pressure on gold
it is becoming more and more difficult for the banksters to get the kind of down moves they achieved in 13 which is a positive sign. there is good physical demand
dharma
i am watching velocity of money, which has declined and is still declining. banks are not lending money because it is not that profitable for them , rising rates could change that. reminder i am in the stagflation camp.
this is a critical time , w/the miners leading on the upside. every important bottom that has occurred in this sector since 99 has happened w/the miners leading.
i am looking for a low, higher or lower over the next couple of months.
http://www.graceland...may12india1.png i will believe this when it happens. the mafia has wiggle room w/10% duty so far modi has shown little for upsetting the apple cart. jaitley scared off investors in india.
now this will happen http://www.graceland...15may12fix1.png
the large miners, some have bottoming patterns. even abx, which i dont trust the management have inverse h&s patterns. that need to get above the neckline
there are several possibilities here for the dollar, @ some point ( i do think the dollar has topped. , it will have a wave 2 up and that could pressure on gold
it is becoming more and more difficult for the banksters to get the kind of down moves they achieved in 13 which is a positive sign. there is good physical demand
dharma
#68
jabat
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#69
dharma
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Posted 12 May 2015 - 11:25 PM
funny , i listened to this today. jabat have you followed zimmel . i have no idea of his forecasting record.? do you?Amanita Market forcasting
https://www.youtube....Utbfeh0E#t=8m3s
thanks
dharma
#70
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Posted 13 May 2015 - 10:25 AM
zimmel has one some timing awards
well here we are in resistance. slowly , the market is taking on a different feel.
the miners are leading.
i havent looked @ the latest sentiment figures, but the last i looked they were approaching the lows of 13
lets see if resistance can fall.
some of the majors are leading aem has taken out long term resistance. the eagle soars. and some others are in good solid basing patterns . i still will not touch abx
dharma
Edited by dharma, 13 May 2015 - 10:27 AM.
