Gold Price - Where is it heading?

[explod]

You clearly haven't read von Mises with the bit underlined. He's main theory is about how hard it is to do the utter BS in the rest of your post.


Rothschild's!!! You really are embarrassing.

What is wrong about the Rothschild story in this. Worth about 300 trillion against the US total value of 200 trillion. The old man financed
both side of conflicts between major powers. And one wonders at where it comes from now but he certainly got the banking system onto that track.

Von Misers, yes a sentence had a cart before the horse, but he is about free trade and sound money and one of his books in fact I down loaded and printed in full on my little cannon, and read it.

Now instead of a great big negative blast , how about some sensible dialogue explaining where I am wrong.

 

[Trembling Hand]

What is wrong about the Rothschild story in this. Worth about 300 trillion against the US total value of 200 trillion. The old man financed
both side of conflicts between major powers. And one wonders at where it comes from now but he certainly got the banking system onto that track.

Von Misers, yes a sentence had a cart before the horse, but he is about free trade and sound money and one of his books in fact I down loaded and printed in full on my little cannon, and read it.

Now instead of a great big negative blast , how about some sensible dialogue explaining where I am wrong.

What have the Rothschild and a little old lady sitting at the back of the plane in cattle class got to do with the price of gold. LOL!!

 

[sibeiho]

Gold is definitely gonna make the mother of all rallies pretty soon...opportunity at the next higher low should be taken in full position if you are bullish on gold but still trying to pick the bottom....

anyway take a look at this blog...i might have shorted the S&P 500 from the highest point...irregardless the S&P is gonna rollover in due time...

 

[Uncle Festivus]

The heat is on for Lava Girl. At least one regulator isn't asleep at the helm of justice?

Truth, Justice OR the American way?

U.S. Accuses JPMorgan of Manipulating Energy Markets

http://dealbook.nytimes.com/2013/07/29/energy-regulator-details-case-against-jpmorgan/?_r=0

Then again, maybe not?

Months earlier, investigators planned to recommend that the regulator find Ms. Masters, who holds a powerful position within JPMorgan as the head of its commodities business, “individually liable.” But as the investigation progressed, these people said, top energy regulatory officials have been leaning toward not pursuing any civil charges against Ms. Masters.

It's a good thing that the gold market is squeaky clean imp:

 

[explod]

What have the Rothschild and a little old lady sitting at the back of the plane in cattle class got to do with the price of gold. LOL!!

Has everything to do with understanding the greedy banking system and why it controls gold, in my exceptionally humble opinion of course.

Just thought was all worth the read for those that could be bothered.

 

[Trembling Hand]

Has everything to do with understanding the greedy banking system and why it controls gold, in my exceptionally humble opinion of course.

How did that system go you figured out to pick the winners on a roulette wheel go?

 

[sinner]

If the Rothschilds control the world, why not just invest in the Rothschilds?

RCP (RIT Capital Partners) is listed on the LSE along with St James Place, and a bunch of similar Rothschilds companies listed on Euronext.

 

[Uncle Festivus]

Someone with an unfortunate name has yet another conspiracy theory.

From Turd Ferguson......

Alright...so let's begin at the end. Here are the conclusions I posted and asked SSJ to review:

• GLD was "funded" with gold leased out (sold) by the BoE and SNB.
• With everything going on, not only are those entities no longer willing to provide supply, they're actually taking their gold back before it's too late.
• Holders like Paulson and Soros are the "fly in the ointment" as they have a GLD claim on the same gold that the BoE and SNB claim as their own "leased" assets.
• We are witnessing a managed, slow-burn "run" on the London vaults, where supposed "allocated" gold rests for entities worldwide but this gold has instead been leased out, not only to the GLD, but sold into the market and currently dangling around the necks and wrists of Asians as well as being recast into 1Kg Chinese bars.

http://www.tfmetalsreport.com/blog/4896/forensic-investigation-ssj

"The information in this post is taken from sources believed to be reliable; however, I disclaim all liability whatsoever with regard to its accuracy or completeness. This post is produced for information purposes only."

 

[Uncle Festivus]

If the Rothschilds control the world, why not just invest in the Rothschilds?

RCP (RIT Capital Partners) is listed on the LSE along with St James Place, and a bunch of similar Rothschilds companies listed on Euronext.

http://www.gwb.com.au/gwb/news/banking/rothchild.html

 

[sinner]

Someone with an unfortunate name has yet another conspiracy theory.

From Turd Ferguson......

Alright...so let's begin at the end. Here are the conclusions I posted and asked SSJ to review:

• GLD was "funded" with gold leased out (sold) by the BoE and SNB.
• With everything going on, not only are those entities no longer willing to provide supply, they're actually taking their gold back before it's too late.
• Holders like Paulson and Soros are the "fly in the ointment" as they have a GLD claim on the same gold that the BoE and SNB claim as their own "leased" assets.
• We are witnessing a managed, slow-burn "run" on the London vaults, where supposed "allocated" gold rests for entities worldwide but this gold has instead been leased out, not only to the GLD, but sold into the market and currently dangling around the necks and wrists of Asians as well as being recast into 1Kg Chinese bars.

http://www.tfmetalsreport.com/blog/4896/forensic-investigation-ssj

"The information in this post is taken from sources believed to be reliable; however, I disclaim all liability whatsoever with regard to its accuracy or completeness. This post is produced for information purposes only."

lol @ Turd Ferguson, seriously the worst gold commenter out there. He repeats the tired shpiel like above (never a single piece of 1st hand research of course) and then posts trade advice buying COMEX futures and options. How is that even remotely logically consistent? I just checked out his website, he has come a long way from being a ZH commenter to selling "premium content" on his own website! I guess it is a better racket than doing something productive with your life. I remember his charts marked with stupid crap like "Turd's Bottom" for silver, which was repeatedly molested after 2011 :microwave

 

[Uncle Festivus]

I thought the gold equities would have a bit of a hissy fit after the drop overnight but NCM is actually green, so far. Usually see this as a precurser to some strength in the POG in tonights session sometimes - get set in the equities and follow through with the underlying. Who knows these days?

ps rising oil price should please Bernanke - finally get some inflation perhaps? Wild times indeed.

 

[Trembling Hand]

lol @ Turd Ferguson,

I remember his charts marked with stupid crap like "Turd's Bottom" for silver,

Hahaha "turd bottom" good one.

 

[sinner]

Hahaha "turd bottom" good one.

If you want a few laughs just google "turds bottom", my favorite is the post from May 2012 haha, of course that is not the "first" bottom he called, just the funniest in hindsight.

 

[CanOz]

We have the continuous VWAP at 1286, looks like were headed there..

Edit:maybe even the lower side of the last bracket at 71

 

[CanOz]

GOLD COT...the commercials have nearly unwound their shorts....

 

[explod]

Would like your take on this T/H.

It was one similar awhile back where I picked up my take on 100 paper contracts to an ounce of gold.

From Harvey Organ's blog today

Derivatives...can never settle.

...More importantly, something else did not exist back in the 1970's...derivatives. Yes, options started to trade back in 1975 or '76 but they were limited in use. They were truly used to either hedge or speculate, now they are used to control the entire show (and "will lose control of the entire show when they all unwind"... A. Schectman). OTC derivatives which have no clearing house or "referee" to oversee the game are levered 100 to 1 or more. Do the math on this one, if you can create $1 billion out of thin air (which is done all over the planet every single day by multiples), if you can lever that 100 to 1 you can sell the entire globe's Gold production (on paper) within 48 hours from a mere $1 billion creation!

Is it really Gold? Of course not. Does it actually settle like Gold? No. But, it is used to at an absolute minimum "affect" price and in reality they have been used to "EFFECT" price. So the answer as to "why" Gold and Silver have not performed like they did in the 1970's is really just a simple one word answer..."derivatives". Derivatives, both regulated and unregulated,... derivatives for products that settle and don't settle, derivatives on derivatives on paper products.

 

[Trembling Hand]

Would like your take on this T/H.

It was one similar awhile back where I picked up my take on 100 paper contracts to an ounce of gold.

From Harvey Organ's blog today

Yeah simple confirmation bias. I've already given you the actual DATA. That is in disputable and easily checked FACTS. But you and your mad men refuse to believe what is right here,

http://www.cmegroup.com/wrappedpages/web_monthly_report/Web_OI_Report_CMEG.pdf


That I guess makes one of us clinical delusional.

http://en.wikipedia.org/wiki/Delusional_disorder


Seek help............ :silly:

 

[Bintang]

Yeah simple confirmation bias. I've already given you the actual DATA. That is in disputable and easily checked FACTS. But you and your mad men refuse to believe what is right here,

http://www.cmegroup.com/wrappedpages/web_monthly_report/Web_OI_Report_CMEG.pdf

So TH what exactly does that attachment tell us? It's a mass of data but without some explanation for us simple mortals it is useless.

And from your second link I conclude that a great many members of this forum are delusional - yourself included.
At least judging by indicator number 4.

" Indicators of a delusion:
4. The individual tends to be humorless and oversensitive ...... "

 

[Trembling Hand]

So TH what exactly does that attachment tell us? It's a mass of data but without some explanation for us simple mortals it is useless.

I have explained it..... well should I say 100 times! As I'm feeling very sensitive I'll leave it to simple myths then.

 

[Bintang]

I have explained it..... well should I say 100 times! As I'm feeling very sensitive I'll leave it to simple myths then.

Additional Indicators of Delusional Behaviour (again from your link)

- Despite his/her profound conviction, there is often a quality of secretiveness or suspicion when the patient is questioned about it.

- The patient expresses an idea or belief with unusual persistence or force ("should I say 100 times"!)