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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (2369)9/17/2006 8:57:02 PM
From: moonraker1  Read Replies (1) | Respond to of 50725
 
that elephant dunk should be painted gold and about skousen he's full of crap



To: SliderOnTheBlack who wrote (2369)9/18/2006 2:56:14 PM
From: RonMerks  Read Replies (1) | Respond to of 50725
 
Cliff Rovey, Jim Sinclair talk about "HEDGE FUND" games?

Slider, any comments on this:

Cliff Rovey says-
"Meanwhile the gold market has again been hit by US selling. Have you noticed that the gold price remains stable in Far East and European trading but the moment the US market opens they hit it. This smacks of hedge fund games that are triggering computer generated stop loss levels. It certainly does not reflect true market behaviour.

Many analysts are detailing that the gold market is over and that a new bear downside to around $400 is likely. If this were a real bear trend then all markets would be negative on the gold price, not just the US traders. Secondly if this is a new bear trend then why are the real marginals like DRD and Afgold still holding well above their lows while the less leveraged stocks such as Goldfields are being hammered."

321gold.com

Sinclair and his cohorts have this to say-

"The purpose of hammering gold is to hammer all other commodities. Crude oil could be leased or lent from the strategic stockpile to hammer crude. The combination would impact all commodities and set the stage for lowering the discount rate to bull the stock market before the November mid term election."

"We have just witnessed a dress up for the Fed to lower the discount rate prior to November in order to bull the US equity market so the present politicians that hold the fortress get their troops re-elected. That is the full story. All else is noise. Oil is noise. Geopolitics is noise.

The real problem is you cannot herd Lemmings and more people than I ever expected just got killed in gold as a product of margin."

Europe's central banks step up gold sales for now
Thu Sep 14, 2006 9:20 AM ET
By Krista Hughes

FRANKFURT (Reuters) - Europe's central banks have stepped up sales of gold as the deadline for the current phase of an agreement limiting bullion sales approaches.

Sinclair and Rovey say its manipulation from Central Bank selling and Hedge Fund games.

Slider any comments?

TIA,

Ron