Baba 2, all this back and forth between Hutch is like watching a tennis match with Hutch on one side and a half dozen on the other side.
My neck is getting a lot of twist and turning extra miles put on.
I was under the impression that Hutch works the markets for short, medium and long term. Also that Hutch monitors all knowned signals and trends and processes to verify that all is proceeding as planned.
From this I take Hutch's comment that the price of gold will remain at its low position based on the technical signals and output generated from market models.
Hutch says gold will do the following based on what it has been doing, and nothing is changing to cause it present momentum, or lack of.
I say that gold will explode upwards because of GATA's activities and because it's been forced to remain low, and thus should, any day now.
If Hutch has access to a lot of market inner working others on this thread do not, plus Hutch I believe has it as his job doing this stuff for a living each day with a high priority to notice big changes just before they happen, then to me its in this threads interest to not disagree in a personal nature with Hutch. If something is going to pop or explode I bet Hutch will know before it hits the wires. If I remember correctly, it was either Hutch or Ron Reece that stated that he did not care what gold did, just that he would ride it to make money. I bet outside of the gold standard issue, that most here are invested in gold and at present need its increase since the money was put in long ago expecting it to go up and up soon.
Its like some have a crusade to show Hutch as being what ?
I got the impression that tuesday Hutch was trying hard to get clear what everyone understood as the hedge example, but seemed like others were looking for a play on words to trap Hutch and put him into a corner that really wasn't there unless he could be tricked into it. Not too hard to tell when one side does battle not to win as being whats important, but that whats important is than the other side loses.
i.e. don't focus on winning, but on having the other side lose
doug |