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Politics : Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: lamboguy who wrote (14203)1/18/2014 11:14:22 AM
From: Beam1 Recommendation

Recommended By
lorne

  Respond to of 14245
 
I think when money flows back into the juniors it's going to quickly escalate into a flood. These stocks are so oversold, and we're seeing just how quickly they can move to the upside. Smart money knows gold is undervalued. The only question is how much longer can the paper market keep a lid on it.

This deal with Deutsche Bank withdrawing from gold and silver benchmark price setting may be the canary in the coal mine for commodities price rigging. I think the implications are far more serious than one might glean from the limited press reports. I have to believe that the scheme has the whole international banking cartels looking over their shoulder as common sense starts to undermine the illogic of today's PM pricing.

It's entirely possible that the price-containment dam is about to burst.