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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.72-0.1%Jan 16 4:00 PM EST

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To: GROUND ZERO™ who wrote (36846)8/23/2012 9:44:31 AM
From: FCom7771 Recommendation  Read Replies (5) of 221947
 
fwiw ... sense is that this precious metals move is getting long in the tooth.

Right now is likely a marvelous time to reap profits ...

This recent move up is likely the banksters priming the pump for the next fleecing of the precious metals bulls. History shows that they reliably jump on the bandwagon at the first sign of upward motion - and then the banksters begin the squeeze lower and the fleecing.

Don't see any reason why this should change unless the banksters seriously begin to lose structural control. I just don't see any sign of that. Seems likes this is just part of the plan for the next ka-ching. They have made billions off the PM bulls ...

I'd keep an eye on the GC/PL spread ... as I suspect that this relationship pivotal to their manipulative activities. Its likely countered with physical long hedges in one or more of these markets. Although that spread is still suggesting a bullish move - its moved awfully far in the past three days ...

All the Best ...
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