Investing in Precious Metals 101 Ad

Gold’s near future

Login or register to post comments Last Post 39383 reads   328 posts
Viewing 10 posts - 311 through 320 (of 328 total)
  • Sun, Apr 26, 2009 - 06:39pm

    #311
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Online)

    Joined: Oct 31 2017

    Posts: 1612

    count placeholder

    Re: Gold’s near future

LogansRun,

No offense, but a great place for the sheeple to wake up is in the definitive conspiracy theory thread.

Real or not, there isn’t anything we can do about it presently, so lets keep the gold discussion focused on gold.

The NWO crap just scares off people who might otherwise really learn from CM.com.

Cheers,

Aaron

  • Sun, Apr 26, 2009 - 08:32pm

    #312
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Online)

    Joined: Oct 31 2017

    Posts: 1612

    count placeholder

    Re: Gold’s near future

I guess the problem with not chatting about it in the gold topic is that the dollar price of gold is being manipulated by the NWO and their cronies.  I would think that anyone that wants to know about gold, how to buy it, why to buy it, etc…would also like to know that the price is being manipulated.  And if this conversation scares people away from CM.com then we have REAL problems.  I could go on and on but I won’t.  But I won’t back down either on this one.  It’s not Theory nor is it Crap…it’s reality and everyone needs to wake up to it. 

  • Sun, Apr 26, 2009 - 09:09pm

    #313
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Online)

    Joined: Oct 31 2017

    Posts: 1612

    count placeholder

    Re: Gold’s near future

[quote=LogansRun]

I guess the problem with not chatting about it in the gold topic is that the dollar price of gold is being manipulated by the NWO and their cronies.  I would think that anyone that wants to know about gold, how to buy it, why to buy it, etc…would also like to know that the price is being manipulated.  And if this conversation scares people away from CM.com then we have REAL problems.  I could go on and on but I won’t.  But I won’t back down either on this one.  It’s not Theory nor is it Crap…it’s reality and everyone needs to wake up to it. 

[/quote]

LogansRun,

I think most of us here already know that gold is being manipulated by TPTB. So is silver and just about any other commodity that the filthy rich have their hands in.

There are other threads for discussing manipulation issues. Let’s just keep this thread focused on gold itself as the subject states.

Most of us here are along for the ride as far as gold goes. We’re just trying to figure out when to buy or sell our little bits and stay out of the way of the big guys to the extent that we can.

  • Sun, Apr 26, 2009 - 11:57pm

    #314
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Online)

    Joined: Oct 31 2017

    Posts: 1612

    count placeholder

    Re: Gold’s near future

[quote=SamLinder]

[quote=LogansRun]

I guess the problem with not chatting about it in the gold topic is that the dollar price of gold is being manipulated by the NWO and their cronies.  I would think that anyone that wants to know about gold, how to buy it, why to buy it, etc…would also like to know that the price is being manipulated.  And if this conversation scares people away from CM.com then we have REAL problems.  I could go on and on but I won’t.  But I won’t back down either on this one.  It’s not Theory nor is it Crap…it’s reality and everyone needs to wake up to it. 

[/quote]

LogansRun,

I think most of us here already know that gold is being manipulated by TPTB. So is silver and just about any other commodity that the filthy rich have their hands in.

There are other threads for discussing manipulation issues. Let’s just keep this thread focused on gold itself as the subject states.

Most of us here are along for the ride as far as gold goes. We’re just trying to figure out when to buy or sell our little bits and stay out of the way of the big guys to the extent that we can.

[/quote]

Sam,

I understand but as the title of this thread says….Gold’s near future.  Well it’s near future is that it will be manipulated and yes, along with Silver.  I threw the swine flu issue in there as an added but obviously someone doesn’t believe in the NWO so…..

Let’s just drop it and go on.  But I would hope that people will open their eyes and minds and realize that tptb are manipulating every aspect of ou4 lives and until people wake up…well…we’re screwed if people don’t wake up.  And with this I pray and hope that CM.com will stop saying/wanting the NWO issue being thrown into the "Conspiracy Theory" category and put it in the REALITY category.  There’s too much evidence to say that it’s no longer THEORY and is now a REALITY.  

Peace….unless Revolution is necessary. 

  • Mon, Apr 27, 2009 - 03:33am

    #315
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Online)

    Joined: Oct 31 2017

    Posts: 1612

    count placeholder

    Re: Gold’s near future

With respect to all, I, too, would like to keep this thread focused on gold. There are plenty of other threads in which interested parties can opine on other topics.

  • Mon, Apr 27, 2009 - 03:53am

    #316
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Online)

    Joined: Oct 31 2017

    Posts: 1612

    count placeholder

    Re: Gold’s near future

LogansRun,

I too will chime in with some feedback on how you come across in these forums. It’s intended to be respectful and constructive; please take it that way.

You insist on referring to the COMEX as the CONEX because you "think it’s a con", and you insist on derailing the focus of this thread which had been focused on technical analysis and news events that might give direct insight into the near-term future of gold prices with your ongoing diatribes about covert price manipulation, what you call "conspiracy reality", etc. Frankly, the caucophony of polite requests to knock it off should be enough to give you the hint that the other participants in this thread would prefer not to have its focus diluted.

We understand that you have strong convictions about this, and a few people have already suggested that the conspiracy thread would be an appropriate place to voice your opinions. Yet you seem unwilling to take the hint, and instead demand that your views are "Reality" as opposed to "Theory". The facts simply don’t support your assertions. The exchange where gold futures are traded is called the COMEX (the other major one is the TOCOM). Those are the names. Period. The fact that you think some kind of "con" is in play does not change the immutable fact that the exchange is still called the COMEX, regardless of your views. And frankly, your insistence on referring to it by an alternate made-up name, typically without explanation, only detracts from the quality of the discussion.

Your approach reminds me of the self-defeating tactics of the activists who are convinced that the collapse of the world trade center was a controlled demolition perpetrated by the U.S. government. In reality, there is a lot of suspicious evidence that should be cause for concern, such as the fact that the collapse of WTC 7 which was never hit by any airplane was never even investigated or considered by the 9/11 Commission report. But the activists who are exposed to appropriate but inherently speculative opinions about the evidence insist on declaring that immutable facts prove that George Bush perpetrated 9/11, when in reality the strongest reasonable conclusion that can be drawn is that the investigation was incomplete and that several pieces of suspicious evidence should be evaluated carefully. The result is that the general public won’t take these people seriously because of there extreme manner of expressing opinion as fact, and the result is that the legitimate part of their message is lost or falls on deaf ears. I fear that your approach is having exactly the same effect.

Several people have politely suggested that your comments about what you call "Conspiracy Reality" are not welcome or appreciated in this thread. Why can’t you take the hint, instead of arguing that your views are proven reality? Even if we agreed that they are proven reality, they still wouldn’t be appropriate to this thread, which is already so long as to be hard to follow. If you’re that turned off by the word "Theory" in "Conspiracy Theory", why don’t you go start a new "Conspiracy Reality" thread? That way you can go on as much as you like, assert your right to express your views, and the people who find them interesting will know where to find them.

Thanks,

Erik

 

  • Mon, Apr 27, 2009 - 12:40pm

    #317
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Online)

    Joined: Oct 31 2017

    Posts: 1612

    count placeholder

    Re: Gold’s near future

Erik,

Are you playing these intraday swings in the gold market; some days they’re pretty good for a trader, I think. I was in the futures markets a few years ago with ambiguous performance ie. I still own my house. What’s the margin on gold these days? I used to buy options a lot of the time but I’m afraid that my spouse woulod not be happy with my getting back into futures. So…I have a few call options on oil,am debating some on gold.

To paraphrase "Apocalypse Now", there’s nothing like the smell of money burning in the futures market.

 

SG

 

 

  • Mon, Apr 27, 2009 - 02:21pm

    #318
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Online)

    Joined: Oct 31 2017

    Posts: 1612

    count placeholder

    Re: Gold’s near future

SG,

The short answer is, "No, but I’m tempted to!"

The long answer is that I’m really not an intraday trading kind of guy, and tend to trade longer-term (several months or more) trends. However, I am sorely tempted to sell my gold if we see 950+ again, on speculation that lower prices are in the cards.

But I’m chicken to do that. WIth my luck the "big spike" everyone is waiting for would happen as soon as I moved out of the trade.

I did look at best-of-both-worlds scenarios. Specifically, selling my gold and buying calls to hedge against an upside breakout. The problem is you pay thru the nose for vol in this market, and time decay is therefore expensive.

I have been tradling silver a little more actively. To be candid, I’m not sure why – the fundamentals are about the same. But I bought a bunch of silver futures at 12 a while back, sold them at 14, then bought back in at 12. I’ll probably sell again at 14 if we get there.

I suppose it would make more sense to sell half my gold and half my silver rather than all my silver. But somehow, I have this feeling that when TSHTF, it will be gold rather than silver that sees the biggest bang. So I’m doing my shorter-term trading in silver futures and playing more of a buy-and-hold strategy in gold, at least for now.

Erik

  • Mon, Apr 27, 2009 - 04:37pm

    #319
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Online)

    Joined: Oct 31 2017

    Posts: 1612

    count placeholder

    Re: Gold’s near future

Here’s a snip from the latest James Turk newsletter:

"H&S patterns normally indicate a reversal of a trend. After a long bull run, a H&S top will form to reflect distribution. In other words, buying power has been exhausted and is being overtaken by selling pressure. Prices are simply too high and cannot be sustained because they no longer represent an acceptable value.

A reverse H&S pattern (with the neckline above the head and shoulders) forms at a bear market bottom. Selling pressure is exhausted and is being overtaken by buying power, which is the result of the numerous bargains that become available at the end of the bear market.

Here is the fascinating development in gold. It is forming a reverse H&S, but gold is in a bullish uptrend, not a bear market bottom. The reverse H&S is appearing as a continuation pattern, which is very rare.

The only logical interpretation of this reverse H&S pattern is that gold represents exceptional value, as if it were at a bear market bottom. A bold interpretation would be that a 3-digit gold price will soon be an historical artifact, just like the 2-digit gold price."

  • Mon, Apr 27, 2009 - 04:54pm

    #320
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Online)

    Joined: Oct 31 2017

    Posts: 1612

    count placeholder

    Re: Gold’s near future

Erik..black swan time…oil down because of flu fears. Gold down a bit today.

Chris…That is an odd chart and an inference I’ve never seen before.

If we have to reinterpret old chart patterns, we are truly in new territory.

 

SG

Viewing 10 posts - 311 through 320 (of 328 total)

Login or Register to post comments