Market Sentiment shifting

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1 week 2 days ago #123147 by JunglistGuy
JunglistGuy replied the topic: Market Sentiment shifting
Interesting article here on summer gold rallies

“Much of what is going on right now recalls the early 1970s,” writes Martin Wolf in a Financial Times editorial, “an amoral US president (then Richard Nixon) determined to achieve re-election, pressured the Federal Reserve chairman (then Arthur Burns) to deliver an economic boom. He also launched a trade war, via devaluation and protection. A decade of global disorder ensued. This sounds rather familiar, does it not? In the late 1960s, few expected the inflation of the 1970s.” The few who did, though, profited enormously by purchasing gold at $35 prior to the devaluation and holding it through the tumultuous decade that followed. Gold rose nearly 25 times.

www.usagold.com/cpmforum/nv1007-july19/

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2 weeks 2 days ago #123124 by alexgreat
alexgreat replied the topic: Market Sentiment shifting
The prices of the precious metals - gold and silver - are under strict control by the syndicate of the International Bankers. (Incidentally, I speak of the real power exercised by the International Bankers, in a rather long article on my website, www.plata.com.mx . I do hope you will read it! Mr. Trump is finding out, from Jay Powell of the Federal Reserve, that the real power in this world is in the hands of the International Bankers.)

The time when it was necessary to prove the existence of this control, was over long ago. Today it is an unquestioned fact. However, most analysts of the precious metals market continue to bury their heads in the sand of falsity, for various personal reasons. Thus, they only comment on "market behavior".

Why do International Bankers wish to control the prices of the precious metals?

Because their Power is based on the false money that they issue, and true market prices of the precious metals would very clearly reveal the steady loss of purchasing power of the false money they issue and thus erode their Power significantly, or even destroy it.

plata.com.mx/enUS/More/378?idioma=2

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2 weeks 2 days ago #123123 by alexgreat
alexgreat replied the topic: Market Sentiment shifting
No surprise we get a sell off over the weekend and after such a strong run up. Spot price up about $10 today, so maybe that is the worse of it?

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3 weeks 1 day ago #123095 by DearJohn
DearJohn replied the topic: Market Sentiment shifting
Nice write up at Sprott

In short, COMEX gold is rallying and breaking out of a six-year price range, in large part due to an imminent reversal of Fed policy. As recently as last November, every mainstream analyst assured you that The Fed was going to hike the fed funds rate at least three times in 2019. As The Fed is now forecast to instead cut three times before the end of the year, many institutional and hedge fund money managers have been caught unprepared. What you are seeing at present is these characters trying to play catch up by purchasing any kind of gold exposure they can find.

But it's more than that.

The investment world is finally coming to terms with what they've suspected all along. Namely, that The Fed, the ECB, the BoJ, the BoE, the SNB, and all the rest are simply flying by the seats of their pants. They have no grand plan. They've never had one. Instead, they've just been faking it since 2009 and stumbling along in the hope of maintaining the illusion that all is well and that they, your Financial Masters, have everything under control.

Well, they don't. And 2019 is all about the growing recognition of this basic premise. As an example, note again this tweet from mainstream television reporter Carl Quintanilla. Does this sound like someone who continues to believe the Fed's nonsense?

www.sprottmoney.com/Blog/recognition-and...hemke-24-062019.html

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3 weeks 1 day ago #123091 by Gambler
Gambler replied the topic: Market Sentiment shifting
They should enforce this on stocks too, like what we see with piles of offers on ZON

www.marketwatch.com/story/merrill-lynch-...d-by-doj-cftc-for-sp ...

Merrill Lynch's global commodities trading business agreed today to pay $25 million and enter into a non-prosecution agreement with the Department of Justice to settle charges regarding a multi-year scheme by its precious metals traders to mislead the market for precious metals futures contracts traded on the Commodity Exchange Inc.


Merrill Lynch admitted to the allegations that beginning by at least 2008 and continuing through 2014, its precious metals traders schemed to deceive other market participants by injecting materially false and misleading information into the precious metals futures market by placing fraudulent "spoof" orders for precious metals futures contracts that, at the time the traders placed thousands of fraudulent orders, they intended to cancel before execution.

The intention was to manipulate the market by creating the false impression of increased supply or demand and, in turn, to fraudulently induce other market participants to buy and to sell futures contracts at quantities, prices, and times that they otherwise likely would not have done so.

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3 weeks 2 days ago #123081 by lynnsa10
lynnsa10 replied the topic: Market Sentiment shifting
GB, re your post on ZON topic on HUI in a summer rally. I pasted in the chart here

Attachments:

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3 weeks 2 days ago #123080 by alexgreat
alexgreat replied the topic: Market Sentiment shifting
On Friday, investors poured a record $1.6 billion into SPDR Gold Shares (GLD), the largest physically-backed gold exchange traded fund. That was the largest inflow since the launch of the fund in 2004.

www.mining.com/gold-price-ignites-as-top...hits-record-inflows/

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3 weeks 3 days ago #123070 by GoldnBoy
GoldnBoy replied the topic: Market Sentiment shifting
gold up another $10.00 this morning, looking like we are breaking above $1400 at $1409 on August contract

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4 weeks 8 hours ago #123050 by RonS
RonS replied the topic: Market Sentiment shifting
The topic is market sentiment shifting and there is a major shift and break out today.
See this chart

www.playstocks.net/index.php/market-trends/chart-of-the-day

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4 weeks 19 hours ago #123043 by RonS
RonS replied the topic: Market Sentiment shifting
The Fed coughs, the market pukes Buy Gold new 5 year high

The next bull market has begun, but shorts will try to pound this over nite??

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1 month 4 days ago #123016 by alexgreat
alexgreat replied the topic: Market Sentiment shifting
August Comex gold tested $1360 high today, I feel we are going to break out higher. I feel a test of $1400 soon

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1 month 1 week ago #122980 by lynnsa10
lynnsa10 replied the topic: Market Sentiment shifting
Gold up to almost $1340 today, up again, interesting presentation by McEwn of Goldcorp fame

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