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It's Gold (And Silver) Slamming Time
It's 830ET, do you know where your ubiquitous precious metal seller-in-size is? At 834ET, someone "special" decided it was the perfect time to sell $590 million worth of gold futures...
Gold...
and Silver..
Wondering who?
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Disgraceful.
Fantastic, bring it lower.
We'll just bill your grandkids for this.
They can thank us later.
Printing money is pretty cool.
Not surprising considering who wants/needs to buy gold. For those who forgot to add 1 +1: http://www.zerohedge.com/news/2015-04-30/first-blythe-masters-now-goldma...
Picked up some shiny yesterday. Thanks boys!
$12 silver is possible on a technical chart basis
May 1, 2011 ring any bells? The supposed ISIS leader getting killed [Bin Laden echo], was just for decoration.
These fucks would be funny if they weren't so pathetic & unoriginal.
the Sumerians and Egyptians inherited their knowledge from an earlier civilization that lived at the southern tip of Africa and began with the arrival of the Anunnaki more than 200,000 years ago. Sent to Earth in search of life-saving gold, these ancient Anunnaki astronauts from the planet Nibiru created the first humans as a slave race to mine gold--thus beginning our global traditions of gold obsession, slavery, and god as dominating master.
publcus is this sound logical? when will the anunnaki come to pick up the gold?
near bosnia piramid there is a writing on a stone wall, some old ( dont know how old, but old) thru is there, and it go like this
svašta picka rodi samo para i cigra nece
And svašta picka rodi samo para i cigra nece translates to....
GOLD BITCHEZ!
"when will the anunnaki come to pick up the gold?"
Perhaps more importantly, are they gonna accept a 'paper cash settlement' from some CFTC jew banker when they arrive?
Someone with already deep pockets just got over $500 M richer in cash which they are using to buy physical gold or mining companies. They never intend to deliver people . And the beat goes on....
$12 silver is possible
Are you willing to bet your life on it?
What's your prediction on $12 silver 'availability'?
SLV, baby!
What?
The real question is, "How high will the premiums go to ensure supply at that price?"
$5?
I just started a business of charging 'folks' $5 an ounce to dig a hole & bury their silver back into the ground. Goldman Sachs is gonna do my IPO.
Bring it don't sing it motherfuckers!
OH NOES THE BULLION IN MY CLOSET IS SO MAD RIGHT MEOW!
So Stackers sez "$12 silver is possible on a technical chart basis"
and gets a bunch of down arrows? He is correct - I'm not a chartist, but he is correct, on a 'technical basis' it could go there.
Don't think it will, but near term, it sure could. Gonna stack me some more today or tomorrow, 'cause I'm more a 'fundamental' investor, (whatever the fuck that is any more) and at $15-16 bucks silver looks like a good store of value, but I've stacked it as high as $34 and as low as $15.50 - and it TECHNICALLY sure could go to $12.
So fucking what? Silver is a store of value as much as or more than an 'investment'. It is also a commodity needed in many fields of manufacturing.
So what is WITH you pathetic fucks that down arrow a factual statement because you don't like the facts? I don't like that statement either, but it is a fact. Or maybe you just didn't read it? Silver technically could go to $12. With any number of conceivable black swan events, it could go to $50.
Place yer bets or stack on whenever you can, but understand the casino you are playing in, and why you are playing.
If they do this then do the opposite. If they are this scared of gold and silver you have to realize that gold and silver is what you want and need. It is so obvious. They are in a panic.
Not to worry, they got Nasim Salim barred for the day, so this is fundamentals in action.
Central banks slamming gold/silver with paper sales out of one door and buying cheap physical out of the other.
Rumor is JPM is working to corner the physical silver market, buying it below the cost for miners who do actual work to get it out of the ground.
Who's going to stop them? No one.
JPM is manipulating pm's lower using paper and then buying up the physical when its cheap. You have to ask yourself why would JPM do this? Why would they stock pile physical unless they know it will go up eventually?
JPM's greed and contempt for society knows no bounds
and they do it all with absolute impunity because they own the politico class
Oil is going back up and not a peep..............
And why should there be? You are talking very short term action. Next week it could be right back down.
Kind of like how the last fews days, all the PM bugs were out posting about the surging silver and gold. Just a bunch of noise. Now PMs are erasing all those gains.
A "surge" of a $ or two shouldn't really be called a "surge"; not even a stirring in the loins really.
I really don't know what to say other than "It's all messed up. All of it. When it breaks, only metail wil be useful: gold, silver, and lead." Stock up boys.
Amen I can see ZH reporting the spoofing guy really made a difference gold down 40$ this week wtf. If I pulled some shit like this Id be under the jail
If you do it to the S&P definitely. If you do it to gold probably not, unless you do it to the up side.
Meanwhile China and India had this to say regarding the Feds downward manipulation of PM prices.
https://www.youtube.com/watch?v=Mr_uHJPUlO8
Bob, you're a nut.
Get into the basement - NOW! :-)
The pot calling the kettle black, eh? :-)
8:30am t0 9:30 am EVERY day...
Prolly the CFTC
It does not happen everyday. In fact, if I recall there was a zerohedge post where gold and silver "surged" instead of being beat down at this timeframe.
It's not exactly being "slammed" either unless that's your definition of -0.72%. In any case, the last time the markets fell weren't there margin calls which resulted in gold selling? May be same thing going on.
Saturdays are generally ok. Not much fraud on Saturdays.
8:30 to 9:30 is the witching hour EVERY day...
Whether up or down, the action always starts during this hour.
They have to throw a surge ball sometimes or you would know every pitch.
like clockwork 830 sell off and 11 ramp
It's a beauty...so beautiful.
It's so predictable u can profit out of it. New lows to come. YES!
Surely an ETF must be available somewhere that capitalizes on this phenomenon.
I would definitely invest in Citidel's Rigged Market Ultra Long or Proshares Spoofing 3x Fund!!! The problem is the fees are 120%/120%...instead of the normal 2/20%
Actually, it's just the sunspots.
Nothing u can do about it.
Why isn't someone here that sees this regular pattern just actually trading it, front running it with their own futures account.
I personally have traded the comex markets way back when and felt I was getting ripped off on fills.
Then again, if someone sees these patterns, then they also might have to see the value of charts, because that pattern would show up on a price chart regularly.
I got out of that game over a decade ago. I just own some physical and am satisfied with that. I don't care about the daily fluctuation or if PMs decline another 50%. Disclosure, I have and still maintain the prediction that gold will sell for under $1000/oz and silver, well shit I forget, but much lower then current prices. Let's say somewhere around $12/oz. Yet I do own some because I do find value in holding some physical.
DOW +120 at the close today!!
see previous article about spoofing!
With 1177 breached, we may see 1158 coming. It's an opportunity to stack!
A stack a day keeps inflation away.
Thank you!
Good. The Fed will make good on these deliveries. The sooner they are dry, the sooner the currency fails, and the sooner the banks will be unmasked to the whole public.
"Good. The Fed will make good on these deliveries."
Yes, they will make good on these deliveries with confiscated gold from Americans.
"Good. The Fed will make good on these deliveries."
Yes, they will make good on these deliveries with confiscated gold from Americans.
The price will only be considered "fair" once all of this has blown up, the markets are a wasteland and the dust has settled.
Until then its manipulation, spoofing, margin calls, leverage etc etc etc. If you want physical metal, it remains cheap so enjoy the opportunity.
If you are, ahem, "investing" in paper gold in the hope that it grows in value,then I can only say: what the fuck is wrong with you? Does the obvious corruption on show here make you go "yes I'd like to get fucked in the ass today and tomorrow in the hope that I'll break even the day after, only to repeat the process again the following day!"
I wonder if they know that we're laughing at them and buying physical silver and gold ?
And what makes you think they aren't also buying at much lower prices and taking the profit. They might be laughing at you since they sold at a higher price.
party time at the kremlin
Opportunities for China, India and Russia. Thank you Capitalists of the free world. Thank You !!!
When gold's moving higher, all's well with the world. When it's going down, it's a clear sign of manipulation. Ask any Zero.
What a concept! Beat the price down with naked shorts, then once the price is down, buy the physical metal. Who benefits? China, Russia, and the BRICS banks. If they pile up enough and put it behind their currency, bye bye US dollar.
At this point ANY price movement is managed for now, up and down. Just get some while you can, the BRICS are siphoning off as much fizz as they can without breaking the paper PM ponzi. When the manipulations end, I don't know, but once it has happened, it will be obvious for everybody.
It's all a scam now and everything is running on fucking fiat fumes.
At 834ET, someone "special" decided it was the perfect time to sell $590 million worth of gold futures...
Look for buyers of size (cough, China,cough, cough) to find futures sellers of size.
I seem to remember reading of this scenario on ZH years ago.
You almost wonder if some of these smashes are spoofers who were fishing for nickels and opened up big unfillable orders on the downside. Then some big bank says - gotcha - before the order can be withdrawn. The big bank then unloads gradually into the bounce back, which also suppresses any gold rallies.
Thanks for the discount { Mr. Yellen tyranical jew dirty bitch}
Great work tylers. Keep turning over the rocks so that we can see these slimy creeps scurry.
Fuck the fed.
I normally buy silver, but it may be getting close to time to toss a few Gold Eagles onto the stack. Drop it another $20 or so and I'm in...
The ratio still says to buy silver.
http://goldprice.org/gold-silver-ratio.html
You poor saps still believe that gold and silver going to the moon, bitchez
lol
Silver has been a money pit since it topped out in May of 2011. 4 years bear market? At this point I wouldnt be surprised that it stays subdued for years. I was an avid reader of this site back then but a part of me was screaming looks like a top get out. You live and learn
Gold is also chillin out at 1150. Still down nearly 40 percent from its peak. 4 years now zero growth and only losses
I stopped taking this website serious a few years ago as they have never ever posted a single positive headline.
You should probably check actual prices of coins. Anyone who has been buying new issues is getting a 30% plus return within a year. I have normal run of the mill coins that continue to sell for over $40. Even old bars pick up a premium. The paper price is the subsidized price for new silver. Gov mints are first in line. They sell their issues close to the price they get. Then a year later, the price gravitates upwards. I am not trying to be argumentative. But buyers of normal coins issued with a couple bucks of spot, over the fast few years, have most likely seen significant appreciation very quickly. The physical market available to real buyers does not operate on COMEX prices beyond the first melt anymore.
Well maybe when the 'status quo' does something 'Truly' positive, ZH will publish it. In the meantime most of what ZH posts is true---even though it does not fit in with your deluded percepton. Obviously you have not the mental skills to distinguish what is true and good from what is fraud and wrong. You're obviously a product of this corrupt 'system', and by design, unable to realize it...
He has more than the mental skills to follw, a common goal with the 1891 Cabl by 7 British "Gentlemen": Messrs C. Rhodes, W. Stead, and Lords Esher, Rothschild, Salisbury, Rosebery and Milner
Yet here you are acting like a fool, measuring things with dollars as if it means something.
Or should I say measuring in "2015 dollars?"
Dollars from even two days ago will give the hint!
ah young grasshoppa, your patience needs work - yes, with HFT you all have become conditioned for things to happen now - study the Chinese way, the ultimate masters of patience - the temple of paper "wealth" that you worship at is right now burning down and your only saviour will be what you now abhor - change your ways before you are wiped clean - you've been adequately warned - good luck
yes, the stupidity is strong in that one.
he is measuring the value of a few years of data against 5000 yeas of history and dismisses the knowledge that Every Fiat currency, ever, has failed.
la la la la la "let's get physical, physical" la la la la la
Has there been any action in the South China Sea this past week - other than continuing reef reclamation operations...? No new threats or barbs traded between Xi's foreign minister and the State Department...?
So whats the deal - slamming the markets so all the ZWO cabal can stockpile on the cheap?
Was it Nav Sarao, with the computer, in the basement?