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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (106667)12/11/2009 2:26:03 PM
From: bart131 Recommendation  Read Replies (1) | Respond to of 110194
 
Gold sure is and has been a rule unto itself, whether since 2001 or during the 1972-1980 period. I'm sure not selling anything from my core... whether miners or physical.

On a brighter note, the great unwashed masses are slowly but surely becoming more aware of nasty "hidden" things like those GDP & debt charts as well as behind the scenes manipulation. I recall just a few years ago, bringing up behind the scenes manipulation would always bring out an attempted flame or attack or two... and now they don't. That's decent progress.

It sure does look like we're topping, but I've been looking for it since October right after the $300 billion POMO program completed and nothing significant so far... and nobody wants a big down market going into the holidays.
I've got a cluster of what appear to be sell signals between 12/29 and about 1/7, for what its worth.



To: TH who wrote (106667)12/12/2009 6:40:14 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 110194
 
TH, i think the fall in POG makes perfect sense given the propaganda. the propaganda is two-fold...

1. japan selling bonds will strengthen the dollar as rate will go up - bad for gold.
2. 1.5 increase in retail sales reported indicates real recovery and less chance of collapse.

not sure about #1, but i'm pretty sure #2 is a bust and will eventually be revealed as such. when it does, gold should firm.

when i look at the slv and gld charts, they do look close to a bottom.

i still expect credit crisis II in Q1. that should wack gold hard, too. the good news is the other side of that collapse could put turbo chargers behind the POG as the printing presses will *really* engage full force.

looking at this chart...

one would think debt (and therefore money) would decline.

market-ticker.denninger.net

but that would be deflationary - debt decline is money decline because debt is money and money is debt.

i think we have to have at least one more deflationary scare before the ramp.

anyone interested can jump on board the swarm politics process...

economicedge.blogspot.com