Bingo... BOJ sucked $200+ Billion out of the system.
Just like pulling the drain plug in a tub.
We're seeing coordinated Central Bank intervention like
never before.
Bugs can not live, or prosper in intervention denial.
Mother Rock & Amaranth got the plug pulled in their little tubs
as well... and guess who pulled the plug?
You can make money in gold by ignoring, or discounting
the opposition...but, you won't get to keep it.
Denial will only get you one thing in this market:
-- whipsawed.
The global economies have had to swallow whole, this recent
spike in commodities. It takes time to pass it thru...not,
unlike a snake passing a lab rat thru it's belly.
The Fed stepped to the rate hike sidelines and now other
Central Banks are picking up the slack...
The Bank of Japan, The European Central Bank, Bank of Korea,
the Bank of Australia, the Reserve Bank of South Africa, the
Bank of India, the Swiss National Bank and even the Peoples
Bank of China have all hiked rates.
The May smack down of gold and more specifically, the
targeting of commodities occurred just days after the
May 8th G-8 meeting.
-- whodathunkit?
Then Goldman re-jiggers gasoline in it's index...etc.
You can not afford to under-estimate the opponent here,
because they've got too many tools, there's too many willing
conspirators and they've got Trillions of Dollars.
SOTB
PS: There's another free-money Nat Gas Short Trade dead
ahead and it's aligning perfectly...and this one, I know
which direction the lab rats will be running.
Viva Gas Vegas -- A.K.A. "the gift that keeps on giving."
Thank You El Nino...
V-O-L-A-T-I-L-I-T-Y ...it's a beautiful thing. |
