Singapore PMX 60 Min Gold

Sunday, July 20, 2014

What are we looking at, where are we? Next ? WHAT MACD really means........

Now where do we go from here ?  so if btwn 25.5 and 26.25, is the battle zone, what are the outcomes ?
Further, what have the shaded parts to do with this, and what do they indicate?
    Might want to sign on to make sure you don't miss the next move.
Did you get your copy of 12 Minor Miners?  Or the 3 Miner Special?  Again sign up they are free one with each subscription, and nothing to lose......  What could we do from here?

    WHAT DOES THE MACD MEAN ?  The macd means, that it reflects the direction of the change or goes up if a decline goes into neutral.  It does NOT anticipate moves,
so if the DOWNTREND STOPS, the MACD goes UP.  It reflects; not anticipates.

  Well, its not that we KNOW, its that we have dissected this move, and gamed out the potential next moves.  We know what our next moves will be if A happens, if B happens, and if C happens.  Sign up for PEAK PICKS no risk and see what we can do for you.  Is there any reason we cannot do this for YOU.

Time to stop getting FRONT-RUN, so sign up now and kick that habit........!!

Friday, July 11, 2014

Now are you Ready To Rumble? What do you mean NO MORE GOLD LEFT?


Now for the GOOD NEWS:

    You see its NOT all BAD news, THEY have NO GOLD with which to punish us, but they want to keep us cowed, scared and head down and its not working, is it.

    If they had the GOLD to do it with, they would have whacked us badly as soon as they could, but all they can manage is the occasional
harassing raid, to try to scare the timid.

    These guys who in G.O.T. probably freed more slaves than Lincoln, are coming with their freed compatriots behind them, ropes, torches and pitchfolks, to play HELL on the destroyers of Honest Money.  Fear them, Hail Kalassci ! Here it comes

Saturday, July 5, 2014

WHAT IS THE REAL QUESTION? Here are some hints...........

Interesting to see how this below chart may be forming a mirror image of above?
In addition, when you consider the Internal Breadth of this whole PM COMPLEX

Then ask yourself, WHY do those NINE DAYS clump up like that, and did they do that back in April and May ? Take a look >

Maybe a ledger sheet from the 3rd Season, 3rd Episode from Game of Thrones will illustrate the point.

THIS SEGMENT from 1:07 to
1:39 gets the whole point across
(link to YouTube)
"BECAUSE if We do not pay them back their GOLD they will FUND our enemies and get their GOLD one way or the other" and these guys will come looking for us !!  Yes we will, pitchforks, ropes and on it, LOL.

   Yes it is at this point that Tyrioun figures out from the ledgers that not only is there no Gold left, but that they have borrowed more Gold than they can pay back from Tywin and the Iron Bank, and in debt in fiat as well. HMMMMM.

   I think there is NO MORE GOLD to be begged, borrowed or stolen.  I'd play the Chinese Card myself, relative to Gold and Silver, at it helps us all.  They short the paper, and long the metal.  I am only halfway there, going long the metal with every paper dollar I can get my hands on.  Libya has been ripped off, as an other N.African nation as well as Ukraine, and Mali, so now, who they gonna steal any more gold from.???     IF they had the Gold, like they used BOE's Gold last year, then WTF don't they use it.     The bottom line is they are OUT OF AMMO, or they'd have used it, and everyone would be afraid to go back in............which you can see no one is, as each time there is a p*ss ant raid, the price ramps right back up with no fear.............

    Thus they lost control back at the end of may and are trying to hold this line now, but will fail, IMO, cause they got NADA to do it with, and are hoping against Hell which I suspect is gonna break loose on them, slow or fast, but I suspect they cannot hold it back...........

   Your gonna read a great deal of bullshit about how this was just short covering etc, etc, yadda yadda, why this cant last, etc, etc, which watching last June's Bottom to Sept, Dec to March, and now this one.  Slice it anyway you want but the bottom is at hand.  All the top and bottom callers are getting their butts kicked, cause I don't see a lower bottom in either Metal or Stocks that is confirmed by the other in my GolDow® concept, so I just work with direction and let the levels( amplitude ) take care of itself.  If you want to see this in action, sign up for PEAK PICKS, or CARTEL~BUSTER ! which have money-back guarantees, or XTTERRA just to stay ahead of the markets........Good Luck

Thursday, June 26, 2014

From HBO's GAME of THRONES -->> DON't Go to the WEDDING, its a TRAP !!!, Bill Holter wrote that this week

There you had the single most shocking and bloody episode short of the Pacific Theater in WWII.  HBO did a stunning job in producing for me what is an addictive story.

     And yes almost everyone in the Stark Family dies at the Red Wedding.  So if it is a "Trap" do we all die?  No I don't think we do.  We know not to be disarmed and under the gaze of elevated galleries.  We know to have OUR men on the Gate, NOT partying, and make sure THE OTHER GUYS get drunk........need I go on??

      So why else are we not going to suffer the Stark Family's fate?  Well for my one and only fundamental point:  Last year during the TAX DAY MASSACRE, an amount of Gold CONTRACT Derivatives equal to 2.5X Newmont Mining's annual production was sold in one MARKET transaction, in the middle of the night.  When the follow up sales happened, there was not ONE bid left in the range. Cleaned every bid in sight and dropped the KRIMEX Fraud KUOTE by hundred's of FRN's.
    It seems to have scarred memories but not have its particulars called to mind, but I wanted to put the comparison  of the Tax Day Massacre against the THURSDAY Spike. I don't care what caused it, little would I want to deprive the Gurus of such good gossip.  Figuring the Notional amount of money in the TAX DAY MASSACRE, I came up with btwn $ 7 and 8 Bil. The notional amount involved in the THURSDAY SPIKE under but close to $ 500 Mil or HALF a BIL.
If i adjust for the time and transactions involved, I conclude that the Gold Derivative Contracts in the THURSDAY SPIKE, whether for delivery or wall paper, its pricing was about 8 TIMES to the upside than it was to the Downside in the TAX DAY MASSACRE.  Apparently large amounts of Gold Derivative Contracts traded to the Upside in apparent haste, scares a lot of people, which I take means that there are no longer large quantities of Gold for Good Delivery, very close at hand.  Kinda like, No more gold around here any more or so it seems.
      It is like someone is worried.
Now since I am a technical analyst, lets get technical :
    GDX started it's run about May 29 and ran up about 24 days, with one small down day about Jun 16, essentially marking the Halfway point of this leg so far.  I drew in 2 SRL's, Speed Resistance Lines which support prices moves until they run out of energy, and in this case, marked with GOLD Box where the last support intersected the week of July 8-11.  This rally leg ran about 24 days up, and so assuming a 50% time correction, according to GANN, we might see a correction or consolidation ( flat correction) lasting about 11 days, hence the week of
Jul 8-11.  Lots of talk about India gold tax changes coming manifest Jul 10, so I figure if it matters the market will beat them to the punch by a couple days early.

    We an look at the TREND MEASURE, the MACD underneath (Bottom Panel) if we want to see the trend rolling over in correction, and compare that with the MOMENTUM(WithIn Trend)(TOP PANEL), and it has dropped out of its Upside OverExtended posture. I am thinking GDX will correct but not break thru,so I'd pick about 23.75 to 24.75 for where it bounces off.  Last Line-In-The-Sand, I drew @ 23.5 GDX was smashed down to 22.0 GDX in 3 days, took a hockey puck bounce and ran up this Bull Leg to here.
   So while I know it can happen, that would mean that even if the LINE were busted like last time, say another 1.5 GDX points, we'd end up at 23 or
23.5 GDX ,at which point another Step By Step Bull Leg will come about to everyone's  great surprise.
  You can get more complex technicals, but I don't think anything could be more clear, so I watch.............Hope you will too !!

Tuesday, June 17, 2014

BANKER IMMUNITY - Why YOU pay for Bank Crimes ??

BANKER IMMUNITY My conclusion why you pay for Bankers crimes :
I contend that Big Banks have De Facto Immunity for crimes, foreign and domestic, in exchange assisting the US Treasury enforce US Global Financial policies. The Banks can get away with murder, maybe literally, in a modern example of “Quid pro Quo”(This for That) where upper Bank personnel are safe from fines and jail time. The Bankers know they will not go to jail, or, as a worst case, the Bank will be fined, and it treated as a cost of doing business, ultimately paid for by all of us. My reading tells me that no upper level employees ever missed a bonus let alone a conviction with punishment.

I think a clear picture of the problem emerged in the UK Telegraph's article on April 16th, 2014
US FINANCIAL SHOWDOWN WITH RUSSIA MORE DANGEROUS THAT IT LOOKS”. by Ambrose Evans-Prichard on April 16, quoted in Newsweek: “The Treasury has deputized the entire US financial system to achieve its foreign policy goals”. Based on the recent book “TREASURY's WAR” by Juan Zarate, former White House and Treasury Official, US Prosecutor, outlines the nature of the global nature of the effects of Sec 311 of the Patriot Act, designating countries, organizations and individuals as money-launders.

Thus the banks are the enforcement muscle (much like the Mob) of Treasury's overseas activities. Several White House Peer Review papers suggest that these enforcement duties should remain Treasury functions. In Treasury's desire to protect the US and extend the “Anaconda Strategy” developed by the North, while fighting the South in the Civil war, they can designate a country, bank or individual as a “Money Laundering Center”, with which everyone involved with them, upstream or down, is then declared OUTLAW, 'persona non gratis', and more radioactive than Fukishima. No one, for fear of being barred from the lucrative capital markets of New York City, will deal with them. Their lifeblood, cash flow, stops. Without JPM, BOA, CITI, Goldman, and Morgan Stanley, little money can be raised until other capital centers develop.
That was a practical reason as well as symbolic reason the “911” attackers targeted New York and the Twin Towers.
It is the beating heart of Global capital markets.

All of us know the “Systemically Important” Entities, critical to US Global Strategy. Americans and people globally, are aware of the legion of unprosecuted crimes committed by Big Banks. But when Banks break laws with impunity due to their De Facto immunity, a serious moral hazard exists. Other bank executives are emboldened to new heights of criminal activity and this creates more “unindicted co-conspirators”. I believe this is unconstitutional, bad practice, bad policy for the USA, and that it will have terrible long term consequences, already showing in the huge loss of respect for the USA's integrity and Rule of Law.

Contrast that NY Times notes that there were eight hundred forty-nine (849) convictions after the “Keating” Savings and Loan Scandal in the '90s, and but only one (1) conviction since this meltdown began in 2006, and that was an Egyptian born Credit Suisse employee. None of the so-called TBTF bank personnel were imprisoned. I don't think these banks are “Too Big To Fail,” however they are “Systemically Important” Entities. These Banks are not allowed to fail as they are the Muscle for US Global Financial Policies. US Treasury Anaconda Strategy cutting off cashflow, to entities they designate as “Primary Money Laundering Centers”, is an effective short term tactic, with serious negative long term strategic implications for the USA. De Facto immunity for Big Banks, has the current situation spinning out of control, a loose cannon on a stormy deck, injuring friend and foe. The people of the US deserve a respected Rule of Law, not one for Banks, and one for Others. Injuries by Banker Crimes are legion, from false home repossessions, to usury, to front running trades and rigging markets for their no-brainer profit trades. Do any readers NOT know someone so injured? Does anyone know anyone sent to jail for these crimes ? The very fabric of our society is being rent asunder for Banker profits.

Of course the proof that my contentions here are wrong, would be the vigorous prosecutions of those banks whose crimes have not passed the statute of limitations. The old Populist slogan addressing low corn prices was : “Raise more HELL, and less corn”; which may be metaphorically is the solution here. First it is clear the Big Banks and the Treasury that is supposed to regulate them, must be separated, and the Banks and Bankers prosecuted for their crimes including jail time. Having Treasury depend on the Banks to enforce their rules, looks unconstitutionally incestuous to me, without checks and balances. An oligarchic state is ruled by Banks and other large interests, a Republic or a Representative Democracy is not.

What happens next is critical in determining who rules. Restore Treasury enforcement of its regulations, foreign and domestic. Impose Real Regulation of the Banks and Financial Sector. Prosecute Bank Crime and adjudicate Jail Sentences upon the guilty, not just fines. The US may be feared, but not respected. That could turn to contempt and tends to weaken the US Dollar in value and in status as a Reserve Currency. Myriad challenges to the US DOLLAR as a Reserve Currency are in progress as we read this, and actually putting our Financial Sector back under the Rule of Law, may seriously retard, diffuse and deflect some of these challenges.

DENALIGUIDE, June 15, 2014