Testing the 200-day Moving Average for Gold
I think we are getting to a very important test for gold, around $1,300, without a doubt the most important test of the year.
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I think we are getting to a very important test for gold, around $1,300, without a doubt the most important test of the year.
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The Foreign Exchange (FOREX) manipulation scandal is growing in scope. In 2013 many large banks (Barclays, Deutsche Bank, UBS, Royal Bank of Scotland and HSBC) set aside 16.4 billion euros to cover « legal expenses », e.g. the probable amount of fines they will have to pay after their t...
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We will have a continuation of the bear market in the Dow Jones and a continuation of the bull market in gold. If the secular cycle repeats, we can conclude that the Dow Jones will be priced at an ounce of gold or even less.
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Funny how the Fed and Big Business are not true to their primary function (guarantee the value of the money, invest and increase profits) and would rather manipulate the tools at their disposal, for which they are responsible, that must be used to establish objective measures (dollars, stocks)in...
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Oil has earned the nickname of black gold, especially since the crisis of the ‘70s and the explosion of its price. What is the relation between gold and oil? Is there one?
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The London gold fix, the benchmark used by miners, jewelers and central banks to value the metal, may have been manipulated for a decade by the banks setting it, researchers say.
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This chart by itself shows how much investors’ sentiment about the gold miners has reached a peak of pessimism not seen since 1943. Miners selling so cheap in relation to gold is a sign of historical capitulation all over the sector. Their valuations, in terms of P/E and business value,...
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Paper gold sellers (probably banks like HSBC or JP Morgan) decided (jointly?) to hit the market hard on April 12 and 15, and on June 20 and 26, with so much selling that the effect on the price had to lead to a brutal collapse. On those four days of smashdown, the price of gold fell by $340! It s...
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The loss of confidence towards central banks and their gold reserves constitutes the first step of the end game between physical and paper gold. Then investors will lose confidence in certain ETFs like GLD. And the game will end finally with the loss of confidence in the current fiat money syste...
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The evidence of gold price manipulation is clear. In this article we present evidence and describe the process. We conclude that ability to manipulate the gold price is disappearing as physical gold moves from New York and London to Asia, leaving the West with paper claims to gold that greatly ex...
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