Gold Smackdown: Right on cue...
Not toooooo obvious, now was it?
Gold was ramping overnight in Hong Kong and into
London trading, and then right on schedule, the
smackdown into the NY pre-open.
They're not even trying to hide it any longer.
SOTB
PS: Sadly, the gold suppression game is the least of
your worries. I've written a couple of times that this
July 4th may be America's last Independence Day.
I did not choose those words lightly.
My optimism about what the future holds hit a new
all time low this weekend. I spent 6-7 hours on the
phone with some well connected associates, that led
to my cancelling a family vacation for this holiday
weekend.
I'll be flying out in the next day, or two and won't
be back until after the weekend. Until then, don't be
afraid to lock in profits off this bounce, and stay
disciplined to the technicals, since this market is
being so heavily gamed.
I'll try to get one last set of charts up before I leave,
along with some thoughts of what lies ahead.
Sadly, far too few, woke up far too late.
It's no longer a matter of what's going to happen,
but merely when. |
